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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"I do not accept the allegation that I have brought the Labour Party into disrepute", said Livingstone.
Family and friends of the victims of Grenfell Tower have been paying tribute to those who perished in the disaster.
The balmy conditions have swept in on a high pressure system, dragging in hot air from the continent, according to the Met Office.