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Square Mile

  • Demand soars for central London offices while outskirts snubbed

    Property

    The demand for central London office space is soaring while vacant buildings are piling up on the fringes of the capital. The vacancy rate – which is a key indicator of demand – of central London offices has fallen to its lowest level in this decade as occupiers target prime locations like the City and [...]

    London office workers collaborating on AI and tech projects, surrounded by computers and digital interfaces in a modern wo...
  • London developers call for emergency measures in office space squeeze

    Property

    The capital’s largest developers have called on the government to introduce emergency measures to solve London’s office space crisis, which risks “constraining” growth. London Property Alliance (LPA) is urging the government to designate offices as critical economic infrastructure to address dwindling supply and boost economic growth. The LPA represents the capital’s largest property developers and [...]

    General news image featuring business setting with diverse professionals collaborating in a modern office environment
  • How Bishopsgate became London’s Midtown Manhattan for law firms

    Legal

    If you’ve had the pleasure of visiting a top law firm in London, you might mistake yourself for being in an episode of smash US legal drama (and Duchess of Sussex starring) Suits. Increasingly City firms’ offices have a more American feel to them. In the City of London, it is not just a race [...]

    Bishopgate street view showcasing bustling city life with pedestrians, historic architecture, and modern businesses
  • Where is London’s cheapest pint?

    March 25, 2026

    Drawn out of the office and into the City’s pubs by the springtime sun, Square Mile workers will face a bitter taste when they pay for their pints.  The City of London is one of the 28 London boroughs where the cost of a pint has surged over the past two years, with the price [...]

  • London skyscrapers under pressure as construction costs mount

    March 24, 2026

    The cost of building London skyscrapers has soared by 40 per cent in five years as pressure on the capital’s high-rise property market mounts. The average cost of building a tower in the capital has increased from between £3,800 and £4,300 per square metre in 2020 to between £5,200 and £6,500 last year, according to [...]

  • Championing Inclusion in the City: A Conversation with Debbie Crosbie

    March 23, 2026

    Women’s History Month gives us a moment to celebrate the remarkable contributions women make across the City of London and reflect on the ways we are making to ensure the City is an inclusive and welcoming destination for the next generation of talent. The City’s strength has always come from its ability to attract people [...]

  • The City cannot afford to overlook neurodivergent talent

    March 23, 2026

    Neurodiversity Celebration Week marks an important opportunity for the City of London to reflect on the value that neurological diversity brings to our workforce, our communities, and the future of the Square Mile. At its core, this week is about recognising that people think, learn, and experience the world in many ways – and that [...]

  • Nocturne: Why elite cycling is returning to City’s streets

    March 18, 2026

    We are excited to be bringing cycling back to the Square Mile with The City of London Nocturne this June. Raising money for Great Ormond Street Hospital, this is a new event which takes inspiration from the original Smithfield Nocturne, which I was fortunate to organise for a decade, finishing in 2017. The return of [...]

  • When a Building Reminds You Why You Love Your Job

    February 26, 2026

    Every so often, a project comes along that captures the essence of why working in and for a great city is such a privilege. The opening of the new hub by Premier Inn by Whitbread in Farringdon at the Old Bailey is one of those moments that we now encounter quite frequently in the City, [...]

  • Service sector profits continue long decline

    February 26, 2026

    Profitability in the UK’s service sector declined for the seventeenth consecutive rolling quarter, according to new data, with businesses reporting few signs of improvement on the horizon.  The Confederation of British Industry’s (CBI) latest survey on the service sector showed that rising costs put businesses’ bottom line under pressure.  A weighted balance of -28 per [...]

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