(Recasts with detail, quotes) LONDON, Dec 18 (Reuters) - Try telling Britain's volleyball, basketball and handball players that London 2012 was a watershed moment in their bid for recognition on the world stage and you will get a curt response following funding cuts announced by UK Sport on Tuesday. Britain fielded a men's Olympic basketball team for the first time since the previous London Games in 1948 while its male and female indoor volleyball and handballers were Olympic debutants, performing admirably if without much success. ... More...