Instead, says Peter Rees, the focus will be on refurbishing old buildings in the city.
Laura Chesters interviews Rees:
"We have had 25 years of rapid redevelopment in the City – development that was necessary to replace the quickly built 1960s post-war buildings. Since Big Bang, we have seen a huge change from cellular offices to open plan. But we are now in a much better position, in that the buildings from the 1980s and 1990s are much more adaptable to today's office requirements than those from the 1950s, Sixties and Seventies."