Plans by the owners of Broadgate Square , the City of London’s largest office complex, to knock down two buildings to create a new U.K. headquarters for UBS AG may be derailed by historical preservation efforts, worsening a shortage of new space in the capital’s main financial district.
A plan by British Land Co . and Blackstone Group LP to build a new office block in the City of London financial district received a setback after a state- funded preservation group said the site should be protected.
London Underground’s headquarters, the U.K. capital’s first skyscraper, was granted the highest level of protection from demolition because of its “outstanding architectural interest,” the government said .
Scottish nationalist leader Alex Salmond took his campaign for independence across the border, arguing that Scotland can become an economic counterweight to London and benefit less affluent parts of England.