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GREEN LIGHT FOR EXCHANGE

The City of London has granted planning permission to Grimshaw's redevelopment of the London Stock Exchange on Old Broad Street. The scheme - which will include the recladding and refurbishment of the 26-storey Exchange Tower - was described by City of London planning officer Peter Rees as 'an ingenious and sophisticated design solution'.

The Stock Exchange intends to sell the site with the planning permission.

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