Mayor says relocation from current base by Tower Bridge will save £126m over 10 years
London’s mayoralty and devolved assembly are to move from their current base near Tower Bridge to a cheaper site in the east of the city as part of a cost-cutting exercise, Sadiq Khan has confirmed.
The London mayor said the move to the Crystal building, in the Royal Docks area near London City airport, about four miles further east, would save £126m over 10 years, and help make up a shortfall in funding due to Covid.