Chris Hayward, policy chair at the City of London Corporation, has promised “no deal breakers” as the capital’s financial district seeks to entice big companies to relocate their headquarters from other parts of the capital or overseas.
In an interview with the FT, Hayward said the authority was “hungry for growth” and would adopt a “flexible” approach in negotiations with developers in an effort to attract companies to the Square Mile.
He said the City was vying not just with London’s Canary Wharf but with competition from financial centres such as New York, Paris, Frankfurt and Dublin and that it would be flexible in finding ways for developers to meet planning requirements to ensure their project provide public benefit.
