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PM announces £50m funding to regenerate Old Street roundabout

Major new investments from companies and government announced in Tech City.

Prime Minister David Cameron yesterday announced a major Government investment in Tech City.

The Government will put £50m towards a visionary project to regenerate the Old Street roundabout, which will see it transformed into Europe’s largest indoor civic space, dedicated to start-ups and entrepreneurs in East London. This new civic building will host classrooms, co-working spaces and workshops equipped with the latest 3D printing technology, for use by both the local start-ups and the wider community.

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