Remember the scare stories? Many bankers, politicians and analysts predicted that Brexit would prompt an exodus of financial services jobs and businesses, weakening the City’s dominance as a global financial centre.
Yet with less than four months to go before Britain is set to leave the EU, banks and financial services companies are looking for more new office space in the City than at any time since 2015, according to JLL, the property services company.
The sector is actively looking for a combined 2.4m sq ft of office space, 37% of total demand and higher than any other sector. Many of those requirements are driven by lease expiries, but some represent an expansion.