Bloomberg to build new HQ in the City of London
Bloomberg, the global financial data and news supplier, is to build a new HQ in the City of London according to reports.
The company is set to build its new European headquarters at the site of Bucklersbury House in Walbrook, near the Bank of England.
An existing scheme to redevelop the site by owners, Legal and General, fell through earlier this year.
Foster and Partners have reportedly been chosen to design the new landmark building which will contain up to 500,000 sq feet of office space.
Bloomberg is currently based in other offices in the City of London, in Finsbury Square. The company was founded in 1981 by Thomas Secunda and Michael Bloomberg, now Mayor of New York.