One More London Place (1MLP) is the UK and global headquarters of EY and home to more than 8,000 people. The lease on the riverside building was due to expire in 2028 and has been renewed ‘due to its unique proposition, with a prime location and excellent transport links’, EY said.

Anna Anthony, EY UK & Ireland regional managing partner, said: ‘Extending the lease on this iconic building marks our continued investment in London and confidence in the capital as a place to do business. We are retaining a fantastic building, in a prime location, which will continue to provide a great place to work for our people.’

EY is ranked third in the Top 75 Firms Survey with annual revenue of £3.78bn and has 20 offices across the UK, with a second London-based office in 25 Churchill Place in Canary Wharf, where the UK financial services business is predominantly based.

The firm said the decision to stay at More London underscored EY’s ‘continued investment in London as a place to do business’. Home for the firm since 2016, it is still a desirable area to work in with its riverside location and excellent transport access. It is also a popular spot for professional services firms with neighbours at More London including PwC, Gowling WLG, Norton Rose Fulbright and HG Capital as well as being close to the City and the Shard.