Tech City Silicon Roundabout: PM and Mayor announce redevelopment

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Prime Minister David Cameron and London Mayor Boris Johnson have unveiled plans to transform Silicon Roundabout, also known as Tech City.

The government is supporting the area in Old Street, east London, in a bid to turn it into a high tech hub for the UK.

David Cameron announced that new firms, including Microsoft, are locating themselves at the site, and he also announced a major redevelopment at the roundabout.

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