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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The 34-year-old from Coulsdon in Surrey died during the private party in Headley in the early hours of Monday, Surrey Police said.
The Home Office made the arrests at various restaurants across London on July 4.
Mayor of Newham Sir Robin Wales criticised the International Olympic Committee on the fourth anniversary of the opening ceremony.