We always knew the Olympics would present challenges as well as opportunities.

But the stunning failure of security firm G4S to perform the services they are being paid to provide has exceeded the expectations of even the most dedicated pessimist.

So let us take this opportunity to remind ourselves that having the Olympics in the UK is a marvellous thing.

Birmingham has played host to visiting stars such as Usain Bolt while the region’s manufacturers have enjoyed a share of the spending bonanza associated with the games.

Jubilant athletes will be presented with medals produced in Birmingham’s Jewellery Quarter while firms across the region have been involved in building venues and providing a range of other services.

You don’t even need to go to London to watch the games, as some events take place here in the Midlands, at Coventry Stadium.

All we really need now is some sunshine – and according to the forecasters, even the weather is set to oblige.