The Old Street roundabout is to be given a £50 million makeover to become a centre for technology start-ups and entrepreneurs. It will become Europe's largest civic indoor space, hosting classrooms and workshops equipped with the latest 3D printing technology.
Several large international firms have also announced new investments in the area, including Microsoft, IBM and KPMG.
Boris Johnson says ''our new centre will provide not only a vital resource to nurture upcoming technology and creative superstars from around the world, it will drive huge investment into the capital and help create thousands of jobs''
Digital Firm Editd is one company which says it can't get the right expertise - as the government promises to invest in London's 'Tech City'
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Emergency services were called to South Street in Enfield this morning, but the victim was pronounced dead around 30 minutes later.
Scores of flights were cancelled and drivers were warned to take care as the "mini beast from the east" swept in.
A campaign to save one of London's oldest football clubs had their fight heard in Parliament after their MP secured an adjournment debate.