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Nick Bitel "We fully expect the London Marathon to go ahead."
Security for Sunday's London Marathon will be reviewed after two fatal explosions hit the Boston Marathon, but the event will go ahead, officials say.
At least three people were killed and more than 100 injured by the blasts near the finish of Monday's US event.
About 375 Britons were listed as taking part, but there has been no confirmation of any British casualties.
Sports Minister Hugh Robertson said he was "absolutely confident" the London Marathon could be kept safe.
London had "enormous experience" of delivering major events and the UK had some of the best security professionals in the world, he told the BBC, adding: "This is one of those instances where the best way to show solidarity with Boston is to continue."
Home Secretary Theresa May has been briefed on the bombings by Scotland Yard Assistant Commissioner Cressida Dick and MI5 chief Sir Jonathan Evans.
At this stage, there are no plans for a meeting of the government's emergency committee Cobra, but high-level discussions were already planned and will go ahead because of Baroness Thatcher's funeral on Wednesday.
Organisers of the London Marathon moved quickly to announce a full review of security following the tragic events in Boston.
But chief executive Nick Bitel insisted there was "absolutely no chance" that this year's marathon would be cancelled.
While that comment may have felt a bit knee jerk, the defiant sentiment was right.
A total of 36,000 runners, including the double Olympic champion Mo Farah are due to take part in the race from Greenwich Park to The Mall. But, as with so many big city marathons, London's is a joyous celebration of all talents, not just the elite. This is what makes it one of the highlights of the British sporting calendar.
The peaceful triumph of last summer's Olympic Games in London had reduced security concerns around this year's event. But protecting a 26-mile course which is completely open to hundreds of thousands of spectators is always a major challenge for the Metropolitan Police and organisers.
The dreadful and terrifying images emerging from America overnight have ensured that the question of terrorism will now hang heavy over Sunday's event.
What happened in Boston provides another chilling reminder of how vulnerable sport can be.
The Metropolitan Police said security for the funeral in central London would not be affected by the Boston explosions and that it was a very different event.
London Marathon chief executive Nick Bitel said in a statement: "We are deeply saddened and shocked by the news from Boston."
He later told the BBC that he "fully expected" the London Marathon, which first took place in 1981 and was completed by more than 37,000 people last year, to go ahead.
He said security plans "take account of many contingencies, including this type of threat and incident, but one can't be complacent and when it has happened, you need to then review those plans you have in place to see what else may be necessary."
St James's Palace said Prince Harry would still attend the marathon to make the presentations to the winners.
The London Marathon route, which is lined by hundreds of thousands of spectators every year, starts in Blackheath and finishes near Buckingham Palace, passing some of the capital's most recognisable landmarks including Tower Bridge, Canary Wharf and Big Ben.
Of the deadly Boston blasts, UK Prime Minister David Cameron said: "The scenes from Boston are shocking and horrific - my thoughts are with all those who have been affected."
London Mayor Boris Johnson described the bombings as "shocking, cowardly and horrific".
He has spoken to Met Police Commissioner Sir Bernard Hogan-Howe about the possibility of extra security for the London Marathon.
"We do have robust security measures in place, but given events in Boston it's only prudent for the police and the organisers of Sunday's race to re-examine those security arrangements," he said.
'Runners offered blood'According to the Boston Marathon website, 374 of the more than 25,000 registered entrants to one of the US's biggest sporting events were British.
UK Athletics confirmed that none of its elite runners had taken part.
Keith Luxom, part of a group of 24 British runners, had already finished when the bombs went off. He told BBC Breakfast the jubilant mood changed to one of "shock, horror and total disbelief that people would target this great institution".
"Lots of runners went to the hospitals and offered blood," he said. "People were sharing mobile phones so people without one could phone home."
Mr Luxom, from Essex, says he will be running the London Marathon this weekend and he will be wearing his Boston finishing shirt.
The explosions happened at what is one of the biggest sporting events in the US
Sports Tours International, which organised a trip for 51 people - 40 runners and 11 non-runners - said all were accounted for.
David Mouncey, from Bristol, who finished the marathon 15 minutes before the explosions went off, told the BBC: "I hadn't planned to do Boston next year, but I would very much like to go back to support the Boston people and show that [I'm] not cowed by what's happened."
Another runner, Owain Griffiths, from Cyncoed in Cardiff, said "a day of enjoyment" had descended into "unthinkable horror".
Marathon world record holder Paula Radcliffe posted on Twitter: "Situation looks awful, thoughts with everyone. There are some very sick people out there, who would do something like this?"
Police say they have also launched a review of security for the Greater Manchester Marathon, due to take place on Sunday 28 April.
Clubs relegated from football's top flight will receive in excess of £60m over a four-year period from next season.
The Premier League has agreed new parachute payment arrangements, although it is yet to confirm the exact figure.
Clubs relegated to the Championship currently receive £48m over four years.
Reading, Queens Park Rangers and Wigan are currently in the bottom three and facing relegation.
Parachute payments were introduced to help relegated clubs absorb the huge losses in revenue that accompany dropping out of English football's lucrative top division.
The new deal will remain in place for the next three years and replaces a deal agreed in 2010. Then, the Football League voted to accept parachute payments from the Premier League over four years instead of two - although the payments increased from £32m to £48m.
The revised payments meant that instead of clubs relegated from the Premier League receiving £16m a year for two years, they received the money over four years - £15m for the first season, £17m for the second and then a further two payments of £8m per season.
Last month, chairmen of the 24 Championship clubs met to discuss the latest proposal, but the outcome of the meeting was inconclusive.
Earlier this season, current Rochdale boss Keith Hill criticised parachute payments when he was manager of Championship side Barnsley, stating that they were "rewarding failure".
"I've never been rewarded for doing anything wrong or being relegated," he told BBC Radio Sheffield.
"Clubs that get relegated get rewarded financially, how does that make sense?"
Sheffield Hallam University sports finance specialist Rob Wilson says he can understand why parachute payments could be viewed with scepticism by some Championship and lower league clubs.
He told BBC Sport: "The bigger increase in parachute payment should, by rights, help the transition for any club that gets relegated to the Championship.
"What it will also do is make it a little bit more difficult for other clubs in the Championship to compete.
"It is almost like, in many ways, they [the Premier League] are protecting the integrity of the three clubs that are relegated to the Championship, giving them a lot more money to survive in the league below which might then increase the same three clubs's chances of getting promotion at the first attempt."
Real Madrid's continuing financial success comes despite the recession in Spain
Real Madrid has overtaken Manchester United as the world's most valuable football club, according to business magazine Forbes.
It is the first time that Man Utd has lost the top spot since Forbes first started compiling its list in 2004.
Forbes now values the Spanish giant at $3.3bn (£2.2bn), with Man Utd in second place on $3.17bn. Barcelona is third.
Forbes said Real Madrid's financial success came despite the continuing woes of the Spanish economy.
"Real Madrid has been consistently delivering the highest revenues of any soccer team in the world, despite an intense economic meltdown in Spain," said Forbes.
"With superstars like Cristiano Ronaldo on the pitch, and coach Jose Mourinho on the bench, Real Madrid has thrived under the leadership of billionaire president Florentino Perez."
In coming to its figures, Forbes looks at a football club's various revenue streams, such as television money, ticket sales, merchandise and concessions.
After Barcelona on $2.6bn, Forbes found that Arsenal was the fourth richest club, worth $1.33bn, followed by Bayern Munich ($1.31bn), AC Milan ($945m), Chelsea ($901m), Juventus ($694m), Manchester City ($689m) and Liverpool ($651m)
David Beckham, now with French team Paris St-Germain, was the highest earning player, followed by Real Madrid's Ronaldo.
In 2012, Morgan Stanley cut 4,500 jobs, or 7%, of its workforce
Morgan Stanley has reported a first quarter profit of $958m (£627m), compared with a $119m loss last year.
But investors appeared to be unimpressed, sending shares down 4.33% in afternoon trading.
Revenue from its wealth management group offset a decline in its fixed income and commodities trading unit.
The US bank has been focusing on wealth management as a stable source of growth.
"Morgan Stanley demonstrated solid momentum across the firm this quarter," said chief executive James Gorman in a statement.
Excluding a one-off charge related to changes in the value of the bank's debt, it recorded a profit of $1.2bn for the quarter, down from $1.4bn last year.
Excluding these charges, total revenue fell 4.8% to $8.5bn, although still above analysts' expectations of $8.35bn.
Revenue from its wealth management business, which provides financial advice for high net-worth clients, made up 41% of the bank's total revenue, growing 5.4% to $3.47bn.
Operating pre-tax profit in the wealth management business was the highest in the bank's history, said Mr Gorman.
However, revenue from the bank's fixed income and commodities trading unit fell to $1.5bn from $2.6bn a year earlier, reflecting falls in commodities and rates.
"Morgan Stanley has seen a huge shift to global wealth management, which should pay off," said Bernie Williams, a vice president at USAA Investments.
"I'm attracted to that business because it has fewer regulatory obstacles than trading and it provides more stable earnings," he added.
Morgan Stanley is scheduled to purchase in June Citigroup's remaining stake in their joint venture, Morgan Stanley Smith Barney, the retail brokerage.
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