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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A man from London who was the subject of cruel online taunts has had the last laugh when a group of celebrities threw a party for him in LA.
Taffazul Hoque is 38 but suffers from autism and epilepsy. He is in danger of having a seizure and is sought urgently by his family.
Rachel Key told ITV London she was really nervous about presenting the trophy, but as a lifelong fan, supremely honoured.