Goodbye Beijing......Hello London

China brought the curtain down on the 2008 Olympics with a spectacular closing ceremony in the Bird's Nest Stadium.with magnificent firework display, which quickly segued into an amazing display of dancing and drumming.The Olympic flag was handed to London mayor Boris Johnson to signal the start of London's reign as Olympic host city and spark wild celebrations in the capital.Mayor Johnson has told the BBC he is "absolutely determined" the 2012 Olympics will cost less than the current £9.3bn budget.

An eight-minute handover presentation, featuring a red double-decker bus, footballer David Beckham and musicians Jimmy Page and Leona Lewis followed.