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Public sector workers feeling austerity squeeze

Public sector workers in London and the South East are feeling the squeeze of the austerity cuts more than the rest of the UK. They generally earn the same or less than private sector workers according to a new study by the Institute for Fiscal Studies. The rest of the UK sees public sector workers earn 4% more than in the private sector, down from 5% in 2012.

This comes a day after members of Unison, Unite and the GMB cancelled a planned strike for Tuesday in rows over pay

London prices heading down amid signs of 'fading' property values across the UK

A net balance of 8% of surveyors have reported falling house prices in London for the month of September according to the Royal Institution of Chartered Surveyors. This brings to an end four years of growth for the Capital.

Looking ahead surveyors are expecting to see a rise across the UK in the next 12 months but prices in London are only expected to increase by 1%. This has been blamed on new buyers acting with particular caution

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Boris to make final decision on Royal Mail flats

Royal Mail's Mount Pleasant site in North London. Credit: John Stillwell/PA Wire.

Boris Johnson is today expected to approve controversial plans to redevelop land at Royal Mail's Mount Pleasant sorting office in North London.

The proposals include hundreds of flats but have been criticised for their low proportion of affordable homes.

The mayor chose to take the final decision away from Islington and Camden councils after a request by Royal Mail.

Homeless charity under pressure

The number of young people aged 16 to 24 becoming homeless in London has doubled in the last three years.

Depaul UK needs to double the number of hosting households by 2015.

The charity is calling on households across the UK who have a spare room to consider making it available to a young homeless person.

Use official site; there are tens of thousands of tickets left

There are tens of thousands of tickets left, says Mayor's office Credit: Nick Ansell/PA Wire

A spokesperson for the Mayor of London said:

“To help us stamp out touting and second selling we’d urge everyone to only purchase through the official site.

There are tens of thousands of tickets still available so there is absolutely no need to pay more. If you get a ticket and change your mind we have an easy refund policy with full refunds available up to 28 days before the event. All returned tickets will be re-sold.”

£10 tickets for sale for £500

Although City Hall are selling tickets to the annual New Year's Eve fireworks display for £10, resale online ticket websites are advertising them for sale for massively inflated prices.

One website, seatwave.com has 4 tickets for sale for £500 each. With a booking fee of £359.96 - their total asking price comes to £2,359.96.

Seatwave.com have tickets for sale for £500 each Credit: .

While Viagogo are asking a relatively mild £102.27 per ticket.

Tickets for sale for over £100 on Viagogo Credit: .

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Hospitality industry to create 3,000 jobs for young workers

London's hospitality industry will today announce the creation of 3,000 new jobs aimed at 16 to 24-year-olds in a bid to help reduce youth employment.

The scheme will be launched at the Big Hospitality Conversation event at City Hall.

Representatives of brands including Premier Inn, Wagamama, Café Rouge and McDonald's will join Deputy Mayor for Business and Enterprise Kit Malthouse at the conference to make the announcement.

They will also discuss opportunities available to young people and offer on-the-spot jobs to people in the audience.

Road sweeper gets £4.5 million in surprise lottery win

A road sweeper who has been working on the streets of Camden for 14 years has won £4.5 million on the lottery - after buying a ticket just nine minutes before the draw closed.

Joseph Whiting celebrating with his lottery cheque

42 year old Joseph Whiting has decided today to to quit his job, and said the win would help him finally learn to drive as well as buy a house with a garden for his family.

He bought three lucky dip tickets at the last minute from his local corner shop.
He won the money in last week's draw but said he avoided telling his workmates until he was 100% sure the win was real.

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