Chancellor George Osborne and London Mayor Boris Johnson were at a former gasworks which has been deserted for 40 years to launch the scheme. They say the site in Tottenham can now be built on after they removed planning restrictions to get more homes built quickly.
Fifty thousand new homes will be built, 40% of which will be affordable, housing 250,000 people.
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A teenager who was mistakenly released from prison after he was arrested on suspicion of attempted murder has been detained by police.
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