Last week we released striking new CGI images illustrating how this additional office space will appear on the City skyline by the mid-2020s. The Square Mile has also seen developer confidence flourish this year and, tellingly, in the first two months of 2021 our Planning and Transportation Committee granted consent to applications equivalent of almost 80 per cent of the total office floorspace approved for the whole of last year. This will provide a springboard for the Square Mile as we adapt to post-pandemic trends and remain a globally renowned business hub long into the future. It found that 66 per cent of the 250 global investors surveyed consider London to be world-leading or one of the best cities in the world in tackling ESG issues.
Significantly, the capital was also seen as leading on the environmental, social and governance agenda. Despite the pandemic, 64 per cent of those surveyed said they currently invest in the capital, with a further 30 per cent considering doing so. This confidence was backed up by recent polling of global institutional investors conducted by FTI Consulting on behalf of the City Corporation.
