Tech City has already been credited with helping the capital avoid the worst of the recession, and it's now getting £50 million to become a world class centre for technology, and the next generation of entrepreneurs.
Prime Minister David Cameron and Mayor Boris Johnson announced the investment today to transform Old Street roundabout in East London, into "Tech City". Paul Brand reports.
More top news
Detectives appealing for witnesses to a fatal accident have a released a picture of the 29-year-old victim.
Australian paramedics are being recruited to fill vacancies at the London Ambulance Service.
Brent Council is offering to cut business rates for firms that pay the London Living Wage.