Tower of London seeks lower building heights; developers warn of £1.4B losses

The Tower of London, a UNESCO World Heritage site, is proposing to cap the height of new buildings in central London to protect its sightlines, a move that developers say could cost £1.4 billion in lost value. The proposal marks a direct clash between heritage preservation and commercial development in the City of London. The outcome is uncertain, as it hinges on planning approvals and potential legal challenges.