Results tagged “George Osborne”
Move over Olympicopolis, a new culture hub is stealing the spotlight - this one in the heart of the City of London.
Tentative plans to "cement our position as a world city for culture" (in Mayor Boris Johnson's words) involve seeking a site possibly in the triangle of land marked out by St Paul's, Farringdon and Moorgate with a new concert hall the jewel.
The arts, science and tech sectors will come together to put east London at the cutting edge of the digital revolution.
The Olympicopolis development - which will see blue-chip cultural and educational institutions in a cluster on the Olympic Park - will act as a catalyst for a wave of innovative tech communities, say its backers, the London Legacy Development Corporation.
An ambitious scheme to create a cultural quarter in east London to rival the South Bank is about to take shape.
The Olympicopolis scheme could see a 600-seat theatre for Sadler's Wells and V&A exhibition space all housed in a single building within four years.
Chancellor George Osborne hailed Tech City and its role in the future of banking at a meeting at Canary Wharf on Wednesday.
He was launching Innovate Finance at Level39 and said he believes London can lead the way in Fin Tech.
George Osborne said east London was "one of the most exciting places to be" when he visited the newest Crossrail tunnel under the Thames today.