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Thick black smoke can be seen from miles away

A huge fire has broken out at a building in the City of London earlier today, forcing the closure of a Tube station.

Four fire engines and around 25 firefighters have been deployed to the scene in Moorgate.

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Long renowned as a graffiti artist’s heaven, Brick Lane in east London has found itself at the heart of a furious political debate overseas after a group of Chinese art students spray-painted Communist Party slogans over one of its walls. The red Chinese characters extolling the “core Socialist values” appeared on August 5, drawing online furore and inspiring counter-graffiti critical of the Chinese authorities and Xi Jinping’s rule.

Matheus Franca has scored nine times for Flamengo in his short career (Photo: Getty)

Crystal Palace have beaten Chelsea to the signing of Brazil wonderkid Matheus Franca in a deal worth an initial €20million (£17.1m).

A few weeks ago, it was reported that both London clubs were very interested in acquiring Franca who is keen to move to the Premier League.

The attacking midfielder has already scored nine goals in 54 appearances in his short career, winning the Copa Libertadores and Copa do Brasil in 2022 with Flamengo.

Both Chelsea and Palace submitted proposals to Flamengo for the 19-year-old, with the latter winning the race for his signature.

According to Fabrizio Romano, the Eagles will pay an initial €20m though there will be another €5m in ‘easy add-ons’.

Such is the teenager’s promise, Palace will have to pay another €5m should Franca win the Ballon d’Or in the future, and Flamengo will also receive 20% on any future sale above the initial €25m valuation.

This is a huge deal for Roy Hodgson’s side who have been linked with the player for many months and are desperate for attacking reinforcements following the departure of Wilfried Zaha to Galatasaray.

Jefferson Lerma is Crystal Palace’s only signing so far this summer (Photo: Getty)

Franca has arrived in the UK and is set to have his medical on Monday, and will become the South London side’s second signing of the summer following Jefferson Lerma who joined on a free from Bournemouth.

Chelsea were looking at Franca having recently signed several young stars from Brazil including Andrey Santos and Angelo.

More: TrendingMauricio Pochettino lauds two stars after Chelsea lift Premier League Summer Series trophyWhy Arsenal pulled out of transfer race for Chelsea-bound Axel DisasiBrentford boss Thomas Frank sends message to Arsenal over ‘simple’ David Raya transfer

In total, the Blues have spent £96m on transfers this summer but Mauricio Pochettino is eyeing up a new midfielder or two having admitted his squad is light in that position.

Lesley Ugochukwu is set to arrive from Rennes but will be loaned out immediately, while links to Brighton star Moises Caicedo continue to persist.

MORE : Chelsea boss Mauricio Pochettino opens door to signing a new attacker amid Elye Wahi links

MORE : Chelsea pursuing deal for Brighton goalkeeper Robert Sanchez

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