was awarded the contract to build the Shard for a fixed price of no more than £350 million. However, this price increased to almost £435 million in October 2008.

In April 2008, demolition of Southwark Towers was visibly under way, and by October, the building had been substantially reduced in height, and was no longer visible on the skyline. The demolition was completed in early 2009, and site preparation began for the construction of the Shard.

Funding

Towards the end of 2007, the gathering uncertainty

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