London needs more office space to remain Europe’s HQ
Offices are integral to London’s offer as a global city, but cost pressures and green regulations are strangling the development pipeline, says Paul Williams
We all want the UK to succeed, we all want communities across the UK to thrive – and growth in London is essential for the UK as a whole to prosper.
But what will help drive growth in London, and what could hinder it? London is a truly global city and is the HQ capital of Europe for countries from all over the globe. It benefits from world class infrastructure which extends beyond the physical through to the knowledge economy. It has broad appeal to companies from a global range of sectors, unlike other cities. At the last count, research estimates that there are nearly half a million British people working for US companies in London and even more Americans working for British companies. We all know how important investment in homes and infrastructure is to support growth, however, if we don’t invest in offices and London’s vibrant and innovative streetscape, it could be a........
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