City office floorspace surges as developers back the Square Mile’s future March 9, 2021 The City of London Corporation has today (9 March) revealed that, so far this year, it has given planning consent for the equivalent of almost 80% of the total office floorspace it approved for the whole of last year; demonstrating the City office market remains resilient despite new ways of working being adopted throughout the coronavirus pandemic. The City [...]
City Corporation creates new Covid Business Recovery Fund March 4, 2021 The Court of Common Council, the City of London Corporation’s main decision-making body, has today (4 March) agreed to create a new Covid Business Recovery Fund of up to £50 million. At a virtual meeting, elected Members decided unanimously that grants from the Fund will be made available to small and independent retailers and hospitality [...]
Clean air: City Corporation to become first UK authority to run fully electric refuse truck fleet March 4, 2021 The City of London Corporation will become the first UK governing body to run a full fleet of Electric Refuse Collection Vehicles (ERCVs) following recent successful trials of the new technology. The first of the fleet of five new environmentally friendly trucks have arrived at Guildhall today [4 March] – the City Corporation’s HQ. The vehicles [...]
New report: Greater understanding of financial and professional services essential to boost SME exports February 24, 2021 A new report by EY and the City of London Corporation published today sets out how that financial and professional services (FPS) sector facilitates businesses of all sizes and across all sectors in the UK to trade internationally – and steps needed to deliver a more holistic approach to UK trade policy. The report – ‘The City of [...]
City Corporation approves third tower in a month as developers back Square Mile’s future February 24, 2021 The City of London Corporation has today (24 February) approved a new 38-storey development at 2 Finsbury Avenue, making it the third tall building to receive planning permission in the Square Mile in 2021. The newly approved office-led development, by British Land and GIC, aims to become an innovative, inclusive and sustainable place to work, [...]
New campaign urges London’s drivers: switch off engines when parked to save lives February 22, 2021 A new London-wide advertising campaign has launched today [22 February] encouraging drivers to turn off their engines when parked to cut air pollution. Led by the City of London Corporation and Camden Council, and funded by the Mayor of London, the ‘Engine Off, Every Stop’ campaign features posters and billboards on roadside sites and petrol stations [...]
City of London Corporation puts culture at the heart of recovery February 18, 2021 · Major renewal of the Barbican Centre announced · London Symphony Orchestra funding renewed · City of London Corporation confirms commitment to developing Culture Mile · Centre for Music will not be progressed The City of London Corporation has reinforced its commitment to embedding culture at the centre of the Square Mile’s post-Covid recovery with a series of commitments [...]
City of London Corporation approves new ‘green’ tower at 70 Gracechurch Street February 16, 2021 The City of London Corporation today (16 February 2021) approved another tall building development, showing a significant vote of confidence in the future of the Square Mile and a strong start to 2021. Developers Tenacity, who last month received planning permission for a 30-storey development at 55 Gracechurch Street, have now also been awarded permission for [...]
UK financial services sector maintains stable tax contribution amid Brexit and COVID-19 uncertainty February 10, 2021 A new report published by the City of London Corporation today (10 February), shows that the UK’s financial services sector contributed a record £75.6bn in tax in the year to March 2020 – a period covering significant uncertainty about the UK’s relationship with the European Union. This contribution remained stable compared to the previous year’s [...]
Blueprint for London’s COVID recovery from “cultural catastrophe” set out by City Taskforce February 9, 2021 Close collaboration across the cultural, civic and commercial sectors will be essential in tackling the “cultural catastrophe” caused by the COVID-19 pandemic, a report published by the Culture and Commerce Taskforce reveals today. Chaired by Lord Mayor William Russell, the City of London Corporation – in partnership with its creative district, Culture Mile – formed [...]
