07/05/2014 BBC London News

locating the schoolgirls kidnapped by Boko Haram, but now on BBC

Good evening. There was more evidence today of the

increased investment in the capital's economy from overseas.

London Partners, the body which promotes the capital, says ?3

billion of funding from Asia was announced this year, including

record investments in technology companies. Whilst the money is

creating new jobs some economists are concerned it's also fuelling

London's housing crisis and hitting manufacturers. Alex Bushill reports.

Forget the global Village, London is the global city if the billions of

foreign currency flowing in are to be believed. The biggest single

winner ` technology start`ups. Christian is part of that

phenomenon. He's moved the HQ of his ticketing company from his hometown

of Copenhagen to London. We believe London is the most interesting

market and we believe London is a hop for a lot of people in Europe.

So if we get access to the interesting people here, they will

take it to their own countries when they go back. That's why it in the

last financial year 260 foreign companies have set up shop in

London. That a 16% increase on last year. The figures include a record

number of tech companies ` 90 new firms this year. It's though in all

this will create more than 4400 jobs in their first year. So is this good

news pure and simple? Not necessarily, as these two economists

explained over a cuppa in the heart of Tech City. The problem that

everyone in London is this creates extra pressure on things like

housing in particular. You are creating new jobs here but not

necessarily creating new housing supply to meet them. And that has

immediate consequences for affordability of houses, of course.

It's fantastic news when there's investment in the capital. You just

have to be conscious of the fact the Holy Grail for the economy is

balanced growth, so capital flows coming into one region do have an

impact on the currency. Of course, that's having a negative impact on

the manufacturing sector which has to struggle against this strong

pound that we are enjoying at the moment. For London though, it means

big regeneration projects as well with Chinese money flowing in as

never before. So for example, ?700 million on the one Nine Elms

development and a billion each regenerating the Royal Albert and

Deptford Docks. Should we be demanding more from these foreign

developers? More investment in local infrastructure or affordable

housing? Not according to London Partners whose job is to bring them

here in the first place. This is a very competitive market. These

investors are looking elsewhere throughout the world, so it's very

competitive with other locations, other cities. And quite frankly,

they could go elsewhere and look at investment so they've got to see a

return on that investment. So the smart money, the dollars, the Euros

are heading our way. The question is for how long and how can we make

sure it stays? And we can join Tarah Welsh who's in

central London. We've heard much about foreign investment in London's

property market ` but this suggests it's wider than that?

According to this report, the money is coming in two ways, into the

smaller technology firms and those larger infrastructure projects.

Tomorrow, a reminder of the impact of this investment. The Bank of

England will make its latest announcement on interest rates. And

there have been plenty of people saying the bank needs to take action

to keep the London housing market under control ` namely raising

interest rates. Now there's no suggestion that our mortgage

repayments will be going up after tomorrow's announcement. But it

serves as a warning ` an economy can't grow with no investment but

too much investment creates its problems too.

The mother of a teenager with Down's Syndrome is lodging a formal

complaint against the Metropolitan Police after her son was held for

nine hours. He climbed through the window of his school in Tottenham to

retrieve a baseball cap. Police insist they treated the 19`year`old

appropriately as a vulnerable adult. Sonja Jessup has the story.

Here, and my leg here, it hurts. Abdul says his arm is still hurting

after being handcuffed by police. It's ridiculous. He has Down's

Syndrome and yet you handcuffed him and bruised his arms. I think it's

ridiculous. He has Down's syndrome, you can see that. His family says

Abdul only wanted to get his baseball cap back. He left it at

school and even though it was closed over Bank Holiday, he decided he

would go there to get it. It's thought Abdul left home on his own

and walked the three miles here to Haringey sixth form centre where he

is a student. He climbed in an open window and set off an alarm. Police

found him inside and arrested him. Police say he was found with not

only the baseball cap but other items that didn't belong to him.

They say they recognised him straightaway as a vulnerable adult

and treated him appropriately. The officers would not have handcuffed

him if it wasn't necessary. And equally, let's not make the

presumption because you suffer from Down's syndrome, then he's not

physically able young man who could have quite easily escaped from

police custody. His family, unaware that Abdul was being held in custody

reported him missing. Police say they quickly brought his mother to

the station, along with other adults trained in how to support people

with special needs. But Abdul 's mum says it was nine hours before he was

released. Something needs to be done about police arresting people with

learning difficulties. I think the laws need to be changed and they

need to be trained properly about how to handle people with learning

difficulties. Abdul says he's looking forward to going back to

school, but a police caution he was given will stay on his record.

That is all from me that I will hand you over for a look at the weather,

which seems to be going rapidly downhill.

We had a few showers today but we saw some sunshine. However quiet

spell of weather at the moment, there is rain tomorrow at times and

it will become pretty breezy, especially if you are heading to the

south coast through the English Channel. Gusty winds, near gale

force. By the end of the night you can see the rain arriving and with

it low cloud and misty conditions over the Chilterns. That is with us

through the rush hour. A relatively mild end to the night. But look at

this tomorrow, some heavy bursts of rain. Standing water an issue. It

won't be raining all of the day, but it will be overcast for most others.

Misty on the hills, and then heavy rain returning in the afternoon.

Could be some large totals. Not cold, 14, 16 degrees. The outlook

looks right as we look into Friday. But

looks right as we look into Friday. But more rain for the weekend. Now

we have the UK outlook. Spring last year might have been the

coldest in years, but we have already had the highest temperature

so far. But we're nowhere near that. 18 in north-west London today. Most

of us short of that and will continue to be through the rest of

the week and the weekend. The temperature is only one part of the

weather story, the other is rain. We saw some heavy downpours in

Scotland. Elsewhere the temperature holds up. Wind freshening across

southern areas in the night. Ahead of more rain coming into the

south-west as Thursday begins. Heavy rain at that. Badly timed for the

morning rush hour and still some around for the evening rush-hour.

This is the picture at 8am in the morning. Strong winds across the

South Coast and in the channel. Standing water, spray from the

morning rush hour, difficult driving. Outbreaks of rain with

hillfort heading