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James Dalporto 2017-04-24
img

London's mayor has come up with a great idea to make housing in London more affordable -- build worse houses.

Literally make something resembling a shipping container then put people in it to cry alone while living the dream that is owning a home in thrilling London, is the idea.

The concept of these so-called "naked houses" is that they're so basic inside they're significantly cheaper to build and finish so they might retail for 40 per cent less than the equivalent-sized proper homes, which is great news for any overseas property investors looking to buy up a portfolio off-plan in London.

The catch being they don't have internal walls or even a proper kitchen beyond a simple sink, so if you're happy to live in a featureless cube ordering takeaways for dinner every day in exchange for being able to tell your old school friends that you're having a great time living in a flat all by yourself London, it should be a cheaper way into owning a small, fairly rubbish, bit of housing.

22 of these Dogme 95 apartments are going to be built as a tester for the scheme on three sites in Enfield, backed by a grant of £500,000 of public money.

collect
0
Kevin Oconnor 2017-12-13
img

The Mayor of London aims to boost London’s competitiveness by optimising skills and innovation across the technology sector.

London Mayor Sadiq Khan has set out his vision for growing an inclusive London economy, putting a much-welcomed focus on STEM digital skills in his Economic Development Strategy.

Unveiling his draft Strategy at the Federation of Small Business’ Winter Reception, today, Khan – who recently voiced his support over the banning of Uber from the Capital – explained how he wants to build on his manifesto pledge to be London’s most pro-business Mayor ever.

“When I stood to be the Mayor of London, I said I wanted all Londoners to have the same opportunities that this great city gave to me and my family.

This ambition is still what drives me every day as Mayor,” said Khan.

Yet, despite this, there are still fundamental challenges with our economy that should trouble us all.

collect
0
Zachary Stell 2017-12-07
img

Sadiq Khan has issued a swift riposte to a journalist who mistakenly believed the Labour politician was born in Pakistan.

The Muslim Mayor of London was asked “what does it feel like coming home?” as he met local dignitaries in Wagah, on the Indian-Pakistan border.

The question was posed on Wednesday as Khan stepped into Pakistan from India.

Watch the clip, which was broadcast by the BBC and went viral on Twitter overnight, above.

Khan responded: “Home is south London mate.”

He continued: “But it’s good to be in Pakistan, it’s good to come from India - home of my parents and grandparents.”

collect
0
Michael Nicewander 2019-08-28
img

Mayor of London calls for issues like these to be "treated with the sensitivity and humanity they deserve".

HuffPost is part of Oath.

Oath and our partners need your consent to access your device and use your data (including location) to understand your interests, and provide and measure personalised ads.

Oath will also provide you with personalised ads on partner products.

Select 'OK' to continue and allow Oath and our partners to use your data, or select 'Manage options' to view your choices.

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0
David Clary 2017-08-14
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In news that will make our Editor want to throw a big lavish party, it's been announced that the controversial London Garden Bridge is dead.

The Garden Bridge Trust, the charity designed to build and run the proposed garden bridge, has informed the Mayor of London, Transport for London, and the Department of Transport of its decision to shut down the project.

The latter two had both allocated funds for the project, but according to the Trust the lack of support from Mayor Sadiq Khan is the primary reason why the project has been shelved.

Khan wrote to Lord Mervyn Davies, Chairman of the Garden Bridge Trust, in April, stating that he was not prepared to guarantee the bridge's annual maintenance costs - which planning permission had relied on.

Despite having discussed receiving the guarantee from another potential benefactor, the trustees decided that they couldn't go ahead with a big public project that didn't have the mayor's backing.

The Garden Bridge has been controversial since its inception, even though it had Gurkha-rights campaigner Joanna Lumley behind it.

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0
Ronald Griffis 2017-08-10
img

London Mayor Sadiq Khan has announced a number of new measures to help boost digital connectivity in London, including dealing with areas of poor connectivity (known as 'not-spots') and the appointment of a dedicated Not-Spot troubleshooting team.

Another part of the announcement involved a City Hall summit, dubbed the Digital Connectivity Funding Forum, where London's many local authorities will come together for support applying for the Government’s Digital Infrastructure Funding.

The forum will also be discussing the work of the Not-Spot team, and sharing a number of ideas and best practices that councils can follow to boost connectivity in their respective areas.

One of the best known not-spots in London is, of course, the London Underground.

There is Wi-Fi in a large number of tube stations, but not on the trains themselves, which leads to travellers being almost completely cut off while in transit.

The Mayor of London's Office said that the deadline for full 4G coverage on the underground is 2019, though it's been pointed out that this decision did not come from Khan or TfL.

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0
James Woodson 2017-08-07
img

The Mayor of London, Sadiq Khan, has singled out Google's YouTube for failing to crack down on online videos that "inflame" gang violence and knife crime.

YouTube has refused to take down four violent videos reported to them by the Metropolitan Police since December, which have been viewed 356,000 times.

The Mayor's office says the videos depict gang members threatening rivals, describing how they would murder them, and making shooting gestures.

Khan said social media "can be used to inflame tensions and escalate violence quicker than ever before, and these videos are a shocking example of the glamorisation of gang culture".

He said current policies around violent content online do not go far enough.

"Google, YouTube and other platforms have a responsibility to the millions of young people using their sites every day, and it is vital that they toughen up their guidelines, remove breaches immediately and work with partners to help ensure such horrific videos do not reappear.

collect
0
Alvaro Okajima 2016-06-23
img

Research has revealed that London's tech scene offers the greatest opportunities for British women in tech, with 40% of the entire country's female tech workforce employed in the capital.

One in 10 tech teams in London have no female employees and more than half of the 3700 professionals surveyed by recruiter Mortimer Spinks say that less than 15% of their teams are women.

This comes despite a third of London tech companies saying they have formal initiatives in place to recruit more women to the workforce, compared to less than a quarter in the rest of the country.

Tackling inequality in the tech sector and calling for the sector to be open to all Londoners, London Mayor Sadiq Khan issued a call for action against the under-representation of women in the industry.

The London Mayor has already taken steps in the fight for increased female representation in tech, having helped lead a female-founders trade mission to Silicon Valley through the Mayor's International Business Programme.

Although hailed by Jessica Butcher, co-founder and Director of Blippar, as a 'fabulous experience' which left those on the trade mission 'committed to each other's success and resolved to step up more publicly as role models to encourage more young women into the technology sector," the fact remains that under-representation of women in tech is hurting business and that there needs to be many more trade missions, role models and initiatives to speed the upward trajectory of equality in the tech workplace.

collect
0
James Dixon 2016-06-17
img

Image caption Sadiq Khan's victory in the London Mayoral election was announced later than planned, on 7 May

The result of last month's London Mayoral election on 5 May was delayed by several hours after staff had to manually query a bug-stricken database.

One of the firms behind the software, DRS, revealed new details of the mishap at the London Assembly on Thursday.

Staff had to collate discrepancies in a spreadsheet, rather than automatically, when tallying final results, said chief executive Steve Gowers.

It was during the late afternoon the day after the election that "discrepancies" in different sets of results were noticed.

A resulting investigation found that the underlying data, the actual numbers of votes in the database, was correct - but the counting software was not reporting it accurately.

Another meeting to discuss what happened will not be held until next month, a spokeswoman for London Elects told the BBC.

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0
Frances Hill 2017-08-10
img

Sadiq Khan, Mayor of London, announced today a number of efforts to boost digital connectivity across the capital and tackle areas of poor connectivity.

Sadiq Khan, Mayor of London, announced today a number of efforts to boost digital connectivity across the capital and tackle areas of poor connectivity around London.

After reports that the UK is placed outside the Top 30 for Global Broadband speeds, The Mayor of London looks to make improvements across the City in order to benefit residents and businesses.

With a growing technology sector including over 40,000 digital technology businesses employing almost 200,000 people, London is regarded as Europe’s leading technology hub.

However, many areas across London suffer from poor digital connections, dubbed ‘Not-Spots’, with specialist teams now having been appointed to help tackle the problem.

“But our digital connectivity needs to be improved – internet connectivity is now a key public utility, and it is no surprise that some businesses see poor connectivity as a barrier to growth.”

collect
0
James Neely 2018-05-11
img

London's mayor has decided it's time to get angry about kids eating burgers, and he's so angry he wants to order Transport for London to stop accepting adverts for junk food across the city's rail and bus networks.

"If we don’t take bold steps to cut child obesity in London we’ll be letting young people down and placing a huge strain on the NHS for years to come.

That’s why today I’m proposing banning junk food adverts on TfL," mayor Khan said, describing obesity as a "timebomb" that could one day explode and leave an awful mess of undigested meat everywhere, delaying services for everyone as staff and passengers slip and slide in greasy entrails.

Khan has some horror stats to back it up too, warning that nearly 40 per cent of London children aged either 10 and 11 are either overweight or obese, so they won't be able to stand of the right-hand side of the escalators soon as they'll take up the entire width of the stairs by the time they've become lumbering 18-year-olds.

The ban would cover advertising for all foods that are either loaded with fat, salt or sugar, and would cover stations and stops as well as signs inside vehicles.

It's a consultation right now rather than an actual decision, with the idea forming part of the mayor's draft London Food Strategy.

collect
0
Calvin Bourque 2017-08-10
img

Mayor wants tube 4G coverage by 2019, a team of notspot specialists and for local authorities to do more to improve connectivity

The London Underground is set to have in-tunnel mobile coverage from 2019 as part of a package of measures designed to improve connectivity in the capital.

Mayor of London Sadiq Khan has written to all London Boroughs, explaining his belief that poor mobile and broadband coverage in some parts of the city is unacceptable given its importance to business and everyday life.

London’s 4G coverage ranks below other UK cities while some areas like Rotherhithe and the City of London are notorious notspots.

A team of ‘notspot’ troubleshooters will liaise between local authorities and communications providers, while a City Summit will advise boroughs on how to bid for central government funding.

Additionally, a Connectivity Delivery Group will work on coordinating projects across all boroughs.

collect
0
Adam Amie 2016-06-17
img

OK, who registered their name as Jane Smith'; UPDATE votes SET choice Sadiq;--

The confirmation of Sadiq Khan as Mayor of London last month was delayed for several hours by a database application bug.

The election saw Khan voted into the Mayor's office over rival Zac Goldsmith.

While the results of the election were not disputed, the tabulation was completed much later than expected: the announcement should have been made Friday evening, but it did not take place until early Saturday.

IntElect CEO Steve Gowers, who was grilled at the Thursday meeting, said the individual votes were fed into a database, and that this raw information was correct.

However, the code that queried the database to pull out the totals was not working properly, leading to "small discrepancies" between the number of paper votes and the reported totals.

Gowers insisted the system had been tested prior to deployment.

collect
0
Eric Grunau 2017-09-25
img

The Mayor of London has asked Transport for London to meet with Uber following the firm's totally heartfelt apology – issued after it collected 730,000 signatures protesting TfL's decision not to renew its licence.

Sadiq Khan said: "I welcome the apology from Dara Khosrowshahi, the Uber CEO.

Obviously I am pleased that he has acknowledged the issues that Uber faces in London.

"Even though there is a legal process in place, I have asked TfL to make themselves available to meet with him."

Last week Uber's application for a new taxi licence in the UK capital was rejected after TfL said the app biz was not "fit and proper" to hold one.

In an open letter today Khosrowshahi apologised for the firm's behaviour, but not before congratulating the company for "revolutionising" the way people move across cities.

collect
0
William Ly 2017-11-06
img

Large parts of London’s Oxford Street could be pedestrianised by December 2018 under plans put forward by London Mayor Sadiq Khan to turn the strip into the “world’s best outdoor shopping experience”.

About half a mile of the street from Oxford Circus to Orchard Street could become a “traffic-free pedestrian boulevard”, the mayor said in unveiling plans on Monday that are being publicly consulted on until 17 December, 2017.

Khan said: “This is a hugely exciting moment for the capital.

“Whether you’re a local resident, a business, or shop in some of the area’s famous stores, our plans will make the area substantially cleaner and safer for everyone, creating one of the finest public spaces in the world.”

Khan said he hoped the first stages of the “ambitions plans” would coincide with the arrival of the Elizabeth Line in central London.

Under the plans all east-west traffic will be stopped from the street (between Orchard Street and Oxford Circus) that attracts more than four million visits a week, but some north-south routes will be maintained.

collect
0
William Hanselman 2017-10-24
img

The £1 billion development will accommodate all of Bloomberg's 4,000 London staff.

It's being hailed as the most sustainable major office development in the world.

Bloomberg founder and CEO Michael Bloomberg unveiled his company's new European headquarters in London on Tuesday alongside British architect Lord Foster and London mayor Sadiq Khan.

The new office, located across two buildings at 3 Queen Victoria Street in the City of London, has been billed as the most sustainable office building in the world.

It achieved an unheard of BREEAM rating (the most widely used environmental assessment method for buildings) of 98.5%.

We've raised the bar to a new high."

collect
0
James Dalporto 2017-04-24
img

London's mayor has come up with a great idea to make housing in London more affordable -- build worse houses.

Literally make something resembling a shipping container then put people in it to cry alone while living the dream that is owning a home in thrilling London, is the idea.

The concept of these so-called "naked houses" is that they're so basic inside they're significantly cheaper to build and finish so they might retail for 40 per cent less than the equivalent-sized proper homes, which is great news for any overseas property investors looking to buy up a portfolio off-plan in London.

The catch being they don't have internal walls or even a proper kitchen beyond a simple sink, so if you're happy to live in a featureless cube ordering takeaways for dinner every day in exchange for being able to tell your old school friends that you're having a great time living in a flat all by yourself London, it should be a cheaper way into owning a small, fairly rubbish, bit of housing.

22 of these Dogme 95 apartments are going to be built as a tester for the scheme on three sites in Enfield, backed by a grant of £500,000 of public money.

Zachary Stell 2017-12-07
img

Sadiq Khan has issued a swift riposte to a journalist who mistakenly believed the Labour politician was born in Pakistan.

The Muslim Mayor of London was asked “what does it feel like coming home?” as he met local dignitaries in Wagah, on the Indian-Pakistan border.

The question was posed on Wednesday as Khan stepped into Pakistan from India.

Watch the clip, which was broadcast by the BBC and went viral on Twitter overnight, above.

Khan responded: “Home is south London mate.”

He continued: “But it’s good to be in Pakistan, it’s good to come from India - home of my parents and grandparents.”

David Clary 2017-08-14
img

In news that will make our Editor want to throw a big lavish party, it's been announced that the controversial London Garden Bridge is dead.

The Garden Bridge Trust, the charity designed to build and run the proposed garden bridge, has informed the Mayor of London, Transport for London, and the Department of Transport of its decision to shut down the project.

The latter two had both allocated funds for the project, but according to the Trust the lack of support from Mayor Sadiq Khan is the primary reason why the project has been shelved.

Khan wrote to Lord Mervyn Davies, Chairman of the Garden Bridge Trust, in April, stating that he was not prepared to guarantee the bridge's annual maintenance costs - which planning permission had relied on.

Despite having discussed receiving the guarantee from another potential benefactor, the trustees decided that they couldn't go ahead with a big public project that didn't have the mayor's backing.

The Garden Bridge has been controversial since its inception, even though it had Gurkha-rights campaigner Joanna Lumley behind it.

James Woodson 2017-08-07
img

The Mayor of London, Sadiq Khan, has singled out Google's YouTube for failing to crack down on online videos that "inflame" gang violence and knife crime.

YouTube has refused to take down four violent videos reported to them by the Metropolitan Police since December, which have been viewed 356,000 times.

The Mayor's office says the videos depict gang members threatening rivals, describing how they would murder them, and making shooting gestures.

Khan said social media "can be used to inflame tensions and escalate violence quicker than ever before, and these videos are a shocking example of the glamorisation of gang culture".

He said current policies around violent content online do not go far enough.

"Google, YouTube and other platforms have a responsibility to the millions of young people using their sites every day, and it is vital that they toughen up their guidelines, remove breaches immediately and work with partners to help ensure such horrific videos do not reappear.

James Dixon 2016-06-17
img

Image caption Sadiq Khan's victory in the London Mayoral election was announced later than planned, on 7 May

The result of last month's London Mayoral election on 5 May was delayed by several hours after staff had to manually query a bug-stricken database.

One of the firms behind the software, DRS, revealed new details of the mishap at the London Assembly on Thursday.

Staff had to collate discrepancies in a spreadsheet, rather than automatically, when tallying final results, said chief executive Steve Gowers.

It was during the late afternoon the day after the election that "discrepancies" in different sets of results were noticed.

A resulting investigation found that the underlying data, the actual numbers of votes in the database, was correct - but the counting software was not reporting it accurately.

Another meeting to discuss what happened will not be held until next month, a spokeswoman for London Elects told the BBC.

James Neely 2018-05-11
img

London's mayor has decided it's time to get angry about kids eating burgers, and he's so angry he wants to order Transport for London to stop accepting adverts for junk food across the city's rail and bus networks.

"If we don’t take bold steps to cut child obesity in London we’ll be letting young people down and placing a huge strain on the NHS for years to come.

That’s why today I’m proposing banning junk food adverts on TfL," mayor Khan said, describing obesity as a "timebomb" that could one day explode and leave an awful mess of undigested meat everywhere, delaying services for everyone as staff and passengers slip and slide in greasy entrails.

Khan has some horror stats to back it up too, warning that nearly 40 per cent of London children aged either 10 and 11 are either overweight or obese, so they won't be able to stand of the right-hand side of the escalators soon as they'll take up the entire width of the stairs by the time they've become lumbering 18-year-olds.

The ban would cover advertising for all foods that are either loaded with fat, salt or sugar, and would cover stations and stops as well as signs inside vehicles.

It's a consultation right now rather than an actual decision, with the idea forming part of the mayor's draft London Food Strategy.

Adam Amie 2016-06-17
img

OK, who registered their name as Jane Smith'; UPDATE votes SET choice Sadiq;--

The confirmation of Sadiq Khan as Mayor of London last month was delayed for several hours by a database application bug.

The election saw Khan voted into the Mayor's office over rival Zac Goldsmith.

While the results of the election were not disputed, the tabulation was completed much later than expected: the announcement should have been made Friday evening, but it did not take place until early Saturday.

IntElect CEO Steve Gowers, who was grilled at the Thursday meeting, said the individual votes were fed into a database, and that this raw information was correct.

However, the code that queried the database to pull out the totals was not working properly, leading to "small discrepancies" between the number of paper votes and the reported totals.

Gowers insisted the system had been tested prior to deployment.

William Ly 2017-11-06
img

Large parts of London’s Oxford Street could be pedestrianised by December 2018 under plans put forward by London Mayor Sadiq Khan to turn the strip into the “world’s best outdoor shopping experience”.

About half a mile of the street from Oxford Circus to Orchard Street could become a “traffic-free pedestrian boulevard”, the mayor said in unveiling plans on Monday that are being publicly consulted on until 17 December, 2017.

Khan said: “This is a hugely exciting moment for the capital.

“Whether you’re a local resident, a business, or shop in some of the area’s famous stores, our plans will make the area substantially cleaner and safer for everyone, creating one of the finest public spaces in the world.”

Khan said he hoped the first stages of the “ambitions plans” would coincide with the arrival of the Elizabeth Line in central London.

Under the plans all east-west traffic will be stopped from the street (between Orchard Street and Oxford Circus) that attracts more than four million visits a week, but some north-south routes will be maintained.

Kevin Oconnor 2017-12-13
img

The Mayor of London aims to boost London’s competitiveness by optimising skills and innovation across the technology sector.

London Mayor Sadiq Khan has set out his vision for growing an inclusive London economy, putting a much-welcomed focus on STEM digital skills in his Economic Development Strategy.

Unveiling his draft Strategy at the Federation of Small Business’ Winter Reception, today, Khan – who recently voiced his support over the banning of Uber from the Capital – explained how he wants to build on his manifesto pledge to be London’s most pro-business Mayor ever.

“When I stood to be the Mayor of London, I said I wanted all Londoners to have the same opportunities that this great city gave to me and my family.

This ambition is still what drives me every day as Mayor,” said Khan.

Yet, despite this, there are still fundamental challenges with our economy that should trouble us all.

Michael Nicewander 2019-08-28
img

Mayor of London calls for issues like these to be "treated with the sensitivity and humanity they deserve".

HuffPost is part of Oath.

Oath and our partners need your consent to access your device and use your data (including location) to understand your interests, and provide and measure personalised ads.

Oath will also provide you with personalised ads on partner products.

Select 'OK' to continue and allow Oath and our partners to use your data, or select 'Manage options' to view your choices.

Ronald Griffis 2017-08-10
img

London Mayor Sadiq Khan has announced a number of new measures to help boost digital connectivity in London, including dealing with areas of poor connectivity (known as 'not-spots') and the appointment of a dedicated Not-Spot troubleshooting team.

Another part of the announcement involved a City Hall summit, dubbed the Digital Connectivity Funding Forum, where London's many local authorities will come together for support applying for the Government’s Digital Infrastructure Funding.

The forum will also be discussing the work of the Not-Spot team, and sharing a number of ideas and best practices that councils can follow to boost connectivity in their respective areas.

One of the best known not-spots in London is, of course, the London Underground.

There is Wi-Fi in a large number of tube stations, but not on the trains themselves, which leads to travellers being almost completely cut off while in transit.

The Mayor of London's Office said that the deadline for full 4G coverage on the underground is 2019, though it's been pointed out that this decision did not come from Khan or TfL.

Alvaro Okajima 2016-06-23
img

Research has revealed that London's tech scene offers the greatest opportunities for British women in tech, with 40% of the entire country's female tech workforce employed in the capital.

One in 10 tech teams in London have no female employees and more than half of the 3700 professionals surveyed by recruiter Mortimer Spinks say that less than 15% of their teams are women.

This comes despite a third of London tech companies saying they have formal initiatives in place to recruit more women to the workforce, compared to less than a quarter in the rest of the country.

Tackling inequality in the tech sector and calling for the sector to be open to all Londoners, London Mayor Sadiq Khan issued a call for action against the under-representation of women in the industry.

The London Mayor has already taken steps in the fight for increased female representation in tech, having helped lead a female-founders trade mission to Silicon Valley through the Mayor's International Business Programme.

Although hailed by Jessica Butcher, co-founder and Director of Blippar, as a 'fabulous experience' which left those on the trade mission 'committed to each other's success and resolved to step up more publicly as role models to encourage more young women into the technology sector," the fact remains that under-representation of women in tech is hurting business and that there needs to be many more trade missions, role models and initiatives to speed the upward trajectory of equality in the tech workplace.

Frances Hill 2017-08-10
img

Sadiq Khan, Mayor of London, announced today a number of efforts to boost digital connectivity across the capital and tackle areas of poor connectivity.

Sadiq Khan, Mayor of London, announced today a number of efforts to boost digital connectivity across the capital and tackle areas of poor connectivity around London.

After reports that the UK is placed outside the Top 30 for Global Broadband speeds, The Mayor of London looks to make improvements across the City in order to benefit residents and businesses.

With a growing technology sector including over 40,000 digital technology businesses employing almost 200,000 people, London is regarded as Europe’s leading technology hub.

However, many areas across London suffer from poor digital connections, dubbed ‘Not-Spots’, with specialist teams now having been appointed to help tackle the problem.

“But our digital connectivity needs to be improved – internet connectivity is now a key public utility, and it is no surprise that some businesses see poor connectivity as a barrier to growth.”

Calvin Bourque 2017-08-10
img

Mayor wants tube 4G coverage by 2019, a team of notspot specialists and for local authorities to do more to improve connectivity

The London Underground is set to have in-tunnel mobile coverage from 2019 as part of a package of measures designed to improve connectivity in the capital.

Mayor of London Sadiq Khan has written to all London Boroughs, explaining his belief that poor mobile and broadband coverage in some parts of the city is unacceptable given its importance to business and everyday life.

London’s 4G coverage ranks below other UK cities while some areas like Rotherhithe and the City of London are notorious notspots.

A team of ‘notspot’ troubleshooters will liaise between local authorities and communications providers, while a City Summit will advise boroughs on how to bid for central government funding.

Additionally, a Connectivity Delivery Group will work on coordinating projects across all boroughs.

Eric Grunau 2017-09-25
img

The Mayor of London has asked Transport for London to meet with Uber following the firm's totally heartfelt apology – issued after it collected 730,000 signatures protesting TfL's decision not to renew its licence.

Sadiq Khan said: "I welcome the apology from Dara Khosrowshahi, the Uber CEO.

Obviously I am pleased that he has acknowledged the issues that Uber faces in London.

"Even though there is a legal process in place, I have asked TfL to make themselves available to meet with him."

Last week Uber's application for a new taxi licence in the UK capital was rejected after TfL said the app biz was not "fit and proper" to hold one.

In an open letter today Khosrowshahi apologised for the firm's behaviour, but not before congratulating the company for "revolutionising" the way people move across cities.

William Hanselman 2017-10-24
img

The £1 billion development will accommodate all of Bloomberg's 4,000 London staff.

It's being hailed as the most sustainable major office development in the world.

Bloomberg founder and CEO Michael Bloomberg unveiled his company's new European headquarters in London on Tuesday alongside British architect Lord Foster and London mayor Sadiq Khan.

The new office, located across two buildings at 3 Queen Victoria Street in the City of London, has been billed as the most sustainable office building in the world.

It achieved an unheard of BREEAM rating (the most widely used environmental assessment method for buildings) of 98.5%.

We've raised the bar to a new high."