07/05/2014

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:00:00. > :00:18.locating the schoolgirls kidnapped by Boko Haram, but now on BBC

:00:19. > :00:22.Good evening. There was more evidence today of the

:00:23. > :00:26.increased investment in the capital's economy from overseas.

:00:27. > :00:29.London Partners, the body which promotes the capital, says ?3

:00:30. > :00:31.billion of funding from Asia was announced this year, including

:00:32. > :00:33.record investments in technology companies. Whilst the money is

:00:34. > :00:36.creating new jobs some economists are concerned it's also fuelling

:00:37. > :00:43.London's housing crisis and hitting manufacturers. Alex Bushill reports.

:00:44. > :00:47.Forget the global Village, London is the global city if the billions of

:00:48. > :00:52.foreign currency flowing in are to be believed. The biggest single

:00:53. > :00:55.winner ` technology start`ups. Christian is part of that

:00:56. > :00:59.phenomenon. He's moved the HQ of his ticketing company from his hometown

:01:00. > :01:02.of Copenhagen to London. We believe London is the most interesting

:01:03. > :01:08.market and we believe London is a hop for a lot of people in Europe.

:01:09. > :01:11.So if we get access to the interesting people here, they will

:01:12. > :01:14.take it to their own countries when they go back. That's why it in the

:01:15. > :01:17.last financial year 260 foreign companies have set up shop in

:01:18. > :01:20.London. That a 16% increase on last year. The figures include a record

:01:21. > :01:27.number of tech companies ` 90 new firms this year. It's though in all

:01:28. > :01:31.this will create more than 4400 jobs in their first year. So is this good

:01:32. > :01:33.news pure and simple? Not necessarily, as these two economists

:01:34. > :01:38.explained over a cuppa in the heart of Tech City. The problem that

:01:39. > :01:41.everyone in London is this creates extra pressure on things like

:01:42. > :01:45.housing in particular. You are creating new jobs here but not

:01:46. > :01:47.necessarily creating new housing supply to meet them. And that has

:01:48. > :01:50.immediate consequences for affordability of houses, of course.

:01:51. > :01:53.It's fantastic news when there's investment in the capital. You just

:01:54. > :01:56.have to be conscious of the fact the Holy Grail for the economy is

:01:57. > :01:59.balanced growth, so capital flows coming into one region do have an

:02:00. > :02:03.impact on the currency. Of course, that's having a negative impact on

:02:04. > :02:05.the manufacturing sector which has to struggle against this strong

:02:06. > :02:13.pound that we are enjoying at the moment. For London though, it means

:02:14. > :02:19.big regeneration projects as well with Chinese money flowing in as

:02:20. > :02:21.never before. So for example, ?700 million on the one Nine Elms

:02:22. > :02:23.development and a billion each regenerating the Royal Albert and

:02:24. > :02:29.Deptford Docks. Should we be demanding more from these foreign

:02:30. > :02:33.developers? More investment in local infrastructure or affordable

:02:34. > :02:37.housing? Not according to London Partners whose job is to bring them

:02:38. > :02:39.here in the first place. This is a very competitive market. These

:02:40. > :02:41.investors are looking elsewhere throughout the world, so it's very

:02:42. > :02:44.competitive with other locations, other cities. And quite frankly,

:02:45. > :02:53.they could go elsewhere and look at investment so they've got to see a

:02:54. > :02:57.return on that investment. So the smart money, the dollars, the Euros

:02:58. > :03:05.are heading our way. The question is for how long and how can we make

:03:06. > :03:11.sure it stays? And we can join Tarah Welsh who's in

:03:12. > :03:13.central London. We've heard much about foreign investment in London's

:03:14. > :03:17.property market ` but this suggests it's wider than that?

:03:18. > :03:23.According to this report, the money is coming in two ways, into the

:03:24. > :03:28.smaller technology firms and those larger infrastructure projects.

:03:29. > :03:35.Tomorrow, a reminder of the impact of this investment. The Bank of

:03:36. > :03:39.England will make its latest announcement on interest rates. And

:03:40. > :03:43.there have been plenty of people saying the bank needs to take action

:03:44. > :03:47.to keep the London housing market under control ` namely raising

:03:48. > :03:49.interest rates. Now there's no suggestion that our mortgage

:03:50. > :03:53.repayments will be going up after tomorrow's announcement. But it

:03:54. > :03:56.serves as a warning ` an economy can't grow with no investment but

:03:57. > :04:05.too much investment creates its problems too.

:04:06. > :04:08.The mother of a teenager with Down's Syndrome is lodging a formal

:04:09. > :04:11.complaint against the Metropolitan Police after her son was held for

:04:12. > :04:14.nine hours. He climbed through the window of his school in Tottenham to

:04:15. > :04:16.retrieve a baseball cap. Police insist they treated the 19`year`old

:04:17. > :04:25.appropriately as a vulnerable adult. Sonja Jessup has the story.

:04:26. > :04:32.Here, and my leg here, it hurts. Abdul says his arm is still hurting

:04:33. > :04:39.after being handcuffed by police. It's ridiculous. He has Down's

:04:40. > :04:43.Syndrome and yet you handcuffed him and bruised his arms. I think it's

:04:44. > :04:47.ridiculous. He has Down's syndrome, you can see that. His family says

:04:48. > :05:00.Abdul only wanted to get his baseball cap back. He left it at

:05:01. > :05:03.school and even though it was closed over Bank Holiday, he decided he

:05:04. > :05:07.would go there to get it. It's thought Abdul left home on his own

:05:08. > :05:10.and walked the three miles here to Haringey sixth form centre where he

:05:11. > :05:13.is a student. He climbed in an open window and set off an alarm. Police

:05:14. > :05:16.found him inside and arrested him. Police say he was found with not

:05:17. > :05:19.only the baseball cap but other items that didn't belong to him.

:05:20. > :05:23.They say they recognised him straightaway as a vulnerable adult

:05:24. > :05:25.and treated him appropriately. The officers would not have handcuffed

:05:26. > :05:27.him if it wasn't necessary. And equally, let's not make the

:05:28. > :05:30.presumption because you suffer from Down's syndrome, then he's not

:05:31. > :05:33.physically able young man who could have quite easily escaped from

:05:34. > :05:40.police custody. His family, unaware that Abdul was being held in custody

:05:41. > :05:43.reported him missing. Police say they quickly brought his mother to

:05:44. > :05:53.the station, along with other adults trained in how to support people

:05:54. > :05:57.with special needs. But Abdul 's mum says it was nine hours before he was

:05:58. > :06:01.released. Something needs to be done about police arresting people with

:06:02. > :06:04.learning difficulties. I think the laws need to be changed and they

:06:05. > :06:06.need to be trained properly about how to handle people with learning

:06:07. > :06:09.difficulties. Abdul says he's looking forward to going back to

:06:10. > :06:16.school, but a police caution he was given will stay on his record.

:06:17. > :06:20.That is all from me that I will hand you over for a look at the weather,

:06:21. > :06:28.which seems to be going rapidly downhill.

:06:29. > :06:37.We had a few showers today but we saw some sunshine. However quiet

:06:38. > :06:42.spell of weather at the moment, there is rain tomorrow at times and

:06:43. > :06:45.it will become pretty breezy, especially if you are heading to the

:06:46. > :06:54.south coast through the English Channel. Gusty winds, near gale

:06:55. > :06:57.force. By the end of the night you can see the rain arriving and with

:06:58. > :07:02.it low cloud and misty conditions over the Chilterns. That is with us

:07:03. > :07:08.through the rush hour. A relatively mild end to the night. But look at

:07:09. > :07:13.this tomorrow, some heavy bursts of rain. Standing water an issue. It

:07:14. > :07:19.won't be raining all of the day, but it will be overcast for most others.

:07:20. > :07:23.Misty on the hills, and then heavy rain returning in the afternoon.

:07:24. > :07:32.Could be some large totals. Not cold, 14, 16 degrees. The outlook

:07:33. > :07:32.looks right as we look into Friday. But

:07:33. > :07:42.looks right as we look into Friday. But more rain for the weekend. Now

:07:43. > :07:47.we have the UK outlook. Spring last year might have been the

:07:48. > :07:51.coldest in years, but we have already had the highest temperature

:07:52. > :07:56.so far. But we're nowhere near that. 18 in north-west London today. Most

:07:57. > :08:02.of us short of that and will continue to be through the rest of

:08:03. > :08:10.the week and the weekend. The temperature is only one part of the

:08:11. > :08:13.weather story, the other is rain. We saw some heavy downpours in

:08:14. > :08:18.Scotland. Elsewhere the temperature holds up. Wind freshening across

:08:19. > :08:22.southern areas in the night. Ahead of more rain coming into the

:08:23. > :08:27.south-west as Thursday begins. Heavy rain at that. Badly timed for the

:08:28. > :08:30.morning rush hour and still some around for the evening rush-hour.

:08:31. > :08:36.This is the picture at 8am in the morning. Strong winds across the

:08:37. > :08:41.South Coast and in the channel. Standing water, spray from the

:08:42. > :08:43.morning rush hour, difficult driving. Outbreaks of rain with

:08:44. > :08:45.hillfort heading