There's been over a 400% increase in youth unemployment in London since April 2000, according to the latest TUC report. They say a number of factors including the recession have created the problem.
Youngsters unemployed for between 6 months to a year - has increased by 85 % since 2000.
More top news
The London property market is expected to be the hardest hit as buyers sit it out to see how the economy will be affected.
The former London mayor paid tribute to David Cameron just hours after the Prime Minister announced his resignation.
The pound crashed to its lowest level in 30 years as Britain voted to leave the EU.