Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Ministers open door to phased Heathrow third runway plan

      Heathrow Airport terminal bustling with travelers and staff, showcasing modern architecture and international flight activity

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Concern as gambling black market set for £40m Royal Ascot boost

      GettyImages 2282074836 showing a significant event with key figures in a professional setting, highlighting a major develo...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Mexican Michelin stars arrive in the Square Mile at Ned pop-up

      The Ned Los Felix Mexican restaurant interior with vibrant decor and patrons enjoying authentic Mexican cuisine

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Wednesday 19 July 2023 6:14 am  |  Updated:  Tuesday 18 July 2023 9:17 pm

Cities are ecosystems and we need to constantly refresh them

By: Andy Silvester

Add as a preferred source on Google

Oxford Street is, despite the fact that most Londoners venture their only under the most extreme of Christmas present pressures, a literal shop window for the capital.

That it has been recently taken over by garish American candy stores and knock-off vape shops is, therefore, less than ideal. The steps Westminster Council are taking, then, are welcome.

Places matter. They matter for the economy, and for the general health of an ecosystem. Walk through the City and, in certain areas where footfall was always lighter, it’s clear that more needs to be done to keep the Square Mile vibrant. Too many of Fleet Street’s shops are vacant. The area towards Fenchurch Street, too, feels too ghost-town-y for our liking. 

There are, mercifully, things that can be done. The City Corporation is going out of its way to bring people in at non-traditional hours, including aerial gymnastics on the very facade of St. Paul’s. Commercial landlords too need to take an innovative approach; it’s no doubt tempting to claw back any pandemic losses and interest rates being as they are it mightn’t feel like the time to be thinking medium- or long-term about their sites, when cash through the door is the priority. But placemaking creates value in the long-term. 

To see the proof, one can hop up to King’s Cross. Yesterday saw the fiftieth building on the once-decrepit site given the green light by the council. In the meantime, this particular space has been used as everything from an estate agent showcase to an English sparkling wine bar. The very first work of urban theorists in the 1960s came up with a simple rule: people, the more the better, create better, more desirable and (yes) more valuable places. 

More could be done across the capital. Soho, for instance, was a delight in the first months after both lockdowns, with restaurants spilling onto the streets and a genuine cafe culture at play. Removing that has made London poorer. Music venues need more help with licensing, not just for their own sake but for the pubs and restaurants nearby which benefit. Cities are ecosystems, and we need to constantly refresh them. London’s motto should very simply be more, more, more. 

Read more

The West End works as one economy – policy should catch up

Shaftesbury Avenue West End bustling with 1972 London street life, featuring iconic theaters and vintage cars

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • CityAM Content
  • Business

Trending Articles

  • More Big Four blues as Deloitte plans to slash UK audit roles

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • As it happened: Stocks sink after Fed and Bank of England opt for hawkish hold; Oil price tumbles

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • Baillie Gifford in line for Anthropic windfall just months after £3.6bn SpaceX bonanza

More from CityAM

  • The West End works as one economy – policy should catch up

    Opinion
    Shaftesbury Avenue West End bustling with 1972 London street life, featuring iconic theaters and vintage cars
  • High streets score big after England World Cup win

    Retail
    Soccer players competing in the World Cup, showcasing intense action on the field with a stadium full of cheering fans
  • Deliveroo takes on the high street in grocery push

    Tech
    Deliveroo grocery delivery service showcasing fresh produce and packaged goods for convenient online shopping experience
  • ‘Poorly designed’ policies threatening London’s grip on global tourism

    Hospitality
    Bustling Regent Street showcasing vibrant storefronts and diverse pedestrians, capturing the essence of urban life.
  • Heatwave ready! 9 best rooftop bars in Soho and Covent Garden

    Life&Style
    London rooftop bar with scenic views, located in Soho near Covent Garden, featuring stylish seating and vibrant city backdrop
  • WPP Media CEO: Creative industries should bet big on London, the city of brilliant lunatics

    Opinion
    Contemporary art pieces displayed at a London exhibit showcasing diverse and innovative works in a vibrant gallery setting
  • Oxford St vs the Square Mile: a tale of two cities

    Opinion
    Bustling Oxford Street with shoppers and iconic red buses on a vibrant day, capturing the essence of Londons famous shoppi...
  • Soho killjoys are the worst kind of Londoners

    Opinion
    LONDON, ENGLAND - JANUARY 19: A woman walks past the Raymond Revuebar in Soho on January 19, 2015 in London, England. A growing number of campaigners, including Stephen Fry, are pushing developers and representatives of Westminster Council to preserve the area's unique identity, which they fear is being lost as the area is gradually redeveloped. (Photo by Carl Court/Getty Images)

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies