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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Bins were set on fire and objects were thrown at officers as protesters demanded justice for the death of Edir Frederico Da Costa.
Resham Khan suffered 'life changing' injuries when she had acid thrown at her through the window of her car.
Around 20 households are still in the blocks this morning and are now being told they 'must leave' over fire safety fears