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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Rebecca Casserly was on her way to buy a coffee in north London when her phone was suddenly snatch from her hand by a man riding a bike.
Lee Curley took more than 120 pictures and videos of his attacks on the girl, said to be under the age of 13.
Council workers uncovered the AK-74 concealed in the undergrowth.