The Bank of England has warned Downing Street against allowing a Chinese embassy to be built near sensitive financial centres in London, Donald Trump’s security advisers have revealed.
The plan for the ‘super embassy’ was blocked by the previous government amid British intelligence warnings about its location and espionage risk, but has now been revived.
Mapping data shows the proposed site lies directly between financial hubs in the City and Canary Wharf and close to three major data centres.
Downing Street refused to say if it was backing the embassy plans to boost trading relations with the Chinese.
Within a fortnight of Chancellor Rachel Reeves returning from an official visit to China this year, both Scotland Yard and Tower Hamlets Council mysteriously dropped their objections to the project.
