Oxford Street Update

Westminster City Council has released a letter on the Future of Oxford Street, ruling out any form of ‘pedestrianisation’ on Oxford Street, citing opposition to the proposed scheme by a majority of local residents who responded to the consultations and its impact in the recent elections.

In response to this, Jace Tyrrell, Chief Executive of New West End Company said:

“This is a disappointing and frustrating situation we find ourselves in after two years of work. We are deeply concerned that the partnership between Westminster City Council and the Mayor, which we believe is vital for the successful financing and delivery of a project of this scale, appears to have broken down. Westminster City Council recognise that something fundamental needs to be done to Oxford Street and therefore it is imperative that these radical changes and pace for change remain its top priority. This investment is also essential to ensure that local residents lives are not worsened by the massive influx of new visitors.

“We welcome the Mayor remaining fully committed and stating he will not walk away from Oxford Street. With 60 million extra people arriving a year by 2020 from the Elizabeth line our businesses are more determined than ever to see urgent measures in place to address safety and air quality concerns and that a scheme is brought forward which is fit for 21st century retailing. It is imperative the politicians protect and safeguard the jobs of the 80,000 employees on Oxford Street and we will continue to do all that we can to ensure that this generational opportunity is not lost for the nation’s high street.”

Fri 8 June 2018