Jacob J. Safra has outlined the case for The Tulip to be granted planning permission after submitting an appeal against the Mayor of London’s decision to turn down the application last year.


The banker said the tower, which would be located next to the Gherkin, would offer significant public and economic benefits.

He said: “We are confident in London’s role as a global city and in the expertise and dynamism of the people of the UK, and are delighted to offer schoolchildren state-of-the-art classrooms in the sky to appreciate London’s history and career opportunities.

“Our investment in The Tulip offers significant public benefits to residents, workers and visitors, and will generate considerable economic benefits for the country.”

The team behind the proposed scheme also claimed that it would promote “inclusiveness and vibrancy” and that the development would be a “a new symbol of confidence in London and the UK.”

The plans for the 1,000 ft high tower were originally approved by City of London Corporation but were then turned down by the Mayor of London last July.

A public inquiry will take place in the middle of 2020 and then a final decision will be taken by central government.