If you have £2.3m a year spare, take our tour of One Hyde Park to see the kind of space you'd get for your money.
A new report shows how each London borough feels about the rise in cost of living and what they are most concerned about.
Gumtree, the go-to website for students looking for a cheap room, seems to be moving into the luxury home business!
The London Underground wants to harness heat accumulated to help warm hundreds of homes. The project, which is the first of its kind in Europe, could even help reduce spiralling energy bills.
Dan Hewitt reports:
– Cllr Rakhia Ismail, Islington Council's executive member for sustainability
Recycling heat from London Underground and the electrical network are exciting new ideas and a boost to our work to tackle fuel poverty and make Islington a fairer place.
This cheaper energy scheme is greener too - local communities will see CO2 emissions drop by around over 500 tonnes each year.
– Cllr Richard Watts, Leader of Islington Council
The expanded Bunhill Heat Network will cut energy bills for hundreds more local people. With energy prices going up and up, it's vital we do what we can to cut bills. It's all part of the Council's work to help people manage the rising cost of living.
Last winter was one of the coldest for decades and record energy prices meant many families on fixed incomes spent it in misery, unsure whether to heat or eat.
Islington Council has announced that it will capture wast heat from London Underground tunnels and electrical substation help warm homes and cut energy bills, in the first project of its kind in Europe.
London Underground generates large amounts of heat, which will be captured from a nearby Northern Line vent and piped into the heat network which warms local homes.
A pioneering new deal announced today will capture waste heat from London Underground tunnels and an electrical substation to help warm homes and cut energy bills.
The project is the first of its kind in Europe and will be run through Islington Council's innovative Bunhill Heat and Power heat network, which already supplies more than 700 homes in Islington with greener heating.
Under the new project the network will be expanded to capture and utilise two local sources of waste heat, one from a London Underground ventilation shaft and the other from a sub-station owned and operated by UK Power Networks.
75% of employers report increases in work quality because of the living wage. Other benefits for employers are:
-Increased employee engagement
-Lower staff turnover
-Reduced training and development costs
-Increasing brand recognition for Living Wage mark
The Living Wage is now £8.80 in the capital - and £7.65 in the rest of the UK. The minimum wage is £6.31.
The Living Wage Foundation says the difference between the Minimum Wage and the Living Wage can really change lives.
Video from livingwage.org.uk
- An hourly rate set independently and updated annually
- Calculated according to the basic cost of living in the UK
- Employers choose to pay the Living Wage on a voluntary basis
Mayor Boris Johnson told our Political Correspondent, Simon Harris, why the Living Wage isn't currently statutory.