Impressive footage of Hackney from the air…
After 10 years and costing over £12bn the Queen Elizabeth Olympic Park opens to the public on Saturday 5th April, revealing “the biggest new park in Europe for 150 years” with 560 acres of public space, 4,300 new trees and five sporting venues.
Click link to go to the Park’s website:
The Bank of England on Wednesday abandoned its six-month-old strategy of pledging to consider raising interest rates only when unemployment falls to 7 percent, saying it would now consider a range of factors.
Mark J. Carney, the governor of the Bank of England, also stressed that a rate increase was still some way off. Click to view story on NY Times
The Guardian is running a story on London’s magnetic pull for young people all over the UK, illustrated by the statistic that one in three 22-30 year olds leaving their UK hometowns end up in London. Click image to go to the story.
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Interesting video from CBRE looking at new research on the effect Crossrail will have on house prices in London.
Click image to go to video:
Homeowners with the good fortune of having planted themselves along the Central, Piccadilly, Victoria or Jubilee lines or relevant sections of the Northern line can expect an effect on house prices and rents following news that these lines will shortly be operating right through the night. Click the image below to see the Night Tube Map
The Hackney Fashion Hub is a major regeneration project on the edge of Hackney Central town centre that will create a new focal point for UK fashion in the heart of London’s East End. The project is being pushed along by Harry Handelsman the brains and brawn behind the restoration of St Pancras.
Kudos for Hackney if this project gets the nod.