A plan to build a skyscraper near Liverpool Street railway station, slated to be the tallest in the City of London, may be revived this year as rising occupancy rates in the financial district draws investors, according to Peter Rees, the City’s former planning officer.
Hutchison Whampoa Ltd., controlled by Asia’s richest man Li Ka-shing, won preliminary approval to build as many as 3,500 homes less than two miles (3.2 kilometers) from London’s Canary Wharf financial district.
London Mayor Boris Johnson today approved a request by Berkeley Group Holdings Plc to build almost 1,000 homes close to the city’s main financial district, overturning a decision by local planning officials.
Evans Randall Ltd. is seeking to sell the headquarters of the U.K. Financial Conduct Authority, the markets regulator, in London’s Canary Wharf district. The asking price is about 180 million pounds ($297 million), according to a person with knowledge of the matter.
Job vacancies at London’s financial- services companies rose by a quarter in February as the pick-up in initial public offerings spurred hiring by brokerage firms and smaller banks, according to a recruitment survey.