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Mixed fortunes as £347m Olympics funding pot revealed

UK Sport has announced a record pot of £347m of Olympic and Paralympic sports funding to be distributed in the run-up to the 2016 Rio de Janeiro Games

Cycling, rowing, boxing, athletics and gymnastics have been given increases, but several sports, including swimming, basketball, volleyball and handball, are paying the price for missing medal targets with severe cuts to their income.

Great Britain's medal winners

Swimming funding has been cut to £21.4m from £25.1m, volleyball (down to £400,000 from £3.5m), plus basketball, handball, wrestling and table tennis, which miss out on funding altogether.

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Usain Bolt to defend Olympic titles in Rio

Usain Bolt
After his stellar runs at London 2012, Usain Bolt had hinted at competing in the long jump. Credit: David Davies/PA Wire

Jamaican sprint superstar Usain Bolt has vowed to build on his "living legend" with another defence of his Olympic titles at Rio 2016.

After toying with switching disciplines, the world's fastest man said he has decided to focus solely on winning the 100m and 200m golds in Brazil.

"Rio is about going and defending my titles," Bolt said during a trip to New Zealand. "I don't want to try any different events at Rio, because at Rio I will just defend my titles to show the world that there is a possibility that I can do it again. To do the three-peat, that is the focus."

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