London Mayor Boris Johnson said high property prices are “the right problem to have” and that technology startups are attracted to the city regardless of its “creaking” infrastructure.
Brent crude rose as high as $113.28 a barrel in London this morning as Iraq struggles to contain civil war and dismemberment.
U.K. Prime Minister David Cameron said he was “extremely sorry” for employing Andy Coulson after his former director of communications was convicted of phone hacking.
London Mayor Boris Johnson defended a decision to buy three water cannons from Germany for possible deployment against rioters, even though their use has yet to be approved by U.K. Home Secretary Theresa May.
"It's the right problem to have."
- Boris Johnson on Jun 16, 2014
Johnson, Bloomberg Discuss Tech Startups, Real Estate (Audio)