Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Friday 28 February 2025 6:00 am  |  Updated:  Thursday 27 February 2025 4:47 pm

Oxford Street: Mayor wants ideas on pedestrianising iconic shopping area

By: Jessica Frank-Keyes

Political Reporter

Add as a preferred source on Google
Oxford Street. Photo: Transport for London (TfL)
Oxford Street. Photo: Transport for London (TfL)

Sadiq Khan is asking Londoners for their ideas on pedestrianising Oxford Street in a bid to transform the iconic shopping district into a “world-class, accessible, clean, avenue”.

The Mayor today launched a public consultation on the proposed transformation of the central London road which will run until 2 May 2025.

Sir Sadiq is proposing to create a new Mayoral Development Corporation (MDC) which would lead the regeneration project with specific planning powers – and he hopes the revamped street will become the world’s best urban space for shopping, leisure and events.

City Hall says the transformation would boost visitor numbers, create new jobs, and improve growth for London and the whole UK economy, after Oxford Street declined in recent years amid the Covid pandemic, the rise of online shopping and out-of-town shopping centres.

The public, residents, businesses and visitors to Oxford Street are being asked for their views on the scheme, which covers an area worth £25bn to London’s economy in 2022. 

Khan said: “Oxford Street has been known as the nation’s high street but the area has suffered in recent years.

“My proposals are designed to unlock the true potential of Oxford Street and deliver a world-class, accessible, clean, avenue.”

He added: “[This] would help restore this famous part of the capital and support good businesses, create new jobs and boost growth. I encourage everyone to have their say.”

Read more

Oxford St vs the Square Mile: a tale of two cities

Bustling Oxford Street with shoppers and iconic red buses on a vibrant day, capturing the essence of Londons famous shoppi...

The consultation will focus on gathering Londoners’ views on the mayor’s proposals to create a new MDC, which would have the necessary powers to pedestrianise the area.

City Hall says the plans are focused on making a beautiful pedestrian-friendly public space; designing with sustainability and climate change in mind; creating a high-quality design space that showcases the best of London’s talent, assets and opportunities; and hosting exciting events in a new, inviting public realm.

Dee Corsi, chief executive of the New West End Company, said the consultation opening was a “significant milestone” and an “important step towards unlocking the full potential of Oxford Street and the wider West End”. 

She added: “We have long championed the regeneration of Oxford Street, recognising its vital importance to London and the UK economy. 

“With significant private investment already driving change, Oxford Street is evolving. It has always been a much-loved destination, attracting Londoners and visitors from around the world. It’s a place where retail, leisure, and culture come together, and with growing demand for high-quality office space, its role as a vibrant commercial hub continues to expand.”

While Kate Nicholls, chief executive of UKHospitality, said the plans would turn the area into “one of Europe’s biggest plazas”. 

She stressed: “With pubs, bars, cafes and restaurants taking centre stage, we hope we can showcase, on one of the world’s most famous streets, how it’s possible to break down planning and licensing barriers to generate a thriving social scene.”

Read more

City chiefs issue rallying cry to counter ‘disinformation’ about London’s decline

Canada

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Politics

People & Organisations

  • BusinessLDN
  • City Hall
  • London
  • London Mayor Sadiq Khan
  • New West End Company
  • Oxford Street
  • pedestrianisation
  • Sadiq Khan
  • UKHospitality

Trending Articles

  • Billionaire Easyjet founder in line for £800m payday from takeover

  • Burnham told to launch £100bn tax reform package

  • Construction sector cuts jobs again as house building slumps

  • Pension pressure to help swell UK debt to three times size of economy

  • Harry Styles at Wembley Stadium review: running through the grief

More from City PM

  • Oxford St vs the Square Mile: a tale of two cities

    Opinion
    Bustling Oxford Street with shoppers and iconic red buses on a vibrant day, capturing the essence of Londons famous shoppi...
  • City chiefs issue rallying cry to counter ‘disinformation’ about London’s decline

    London
    Canada
  • Debenhams owner hails ‘successful transformation’ as loss narrows

    Retail
    Debenhams storefront in central London showcasing seasonal window displays and iconic signage on a bustling street.
  • George Osborne: Manchesterism is a real thing but Burnham ‘only part of the story’

    Politics
    George Osborne speaking at a business conference, wearing a suit, addressing economic issues and policy changes in the UK.
  • Heatwave drives shoppers off high streets in blow to retailers

    Retail
  • ‘Poorly designed’ policies threatening London’s grip on global tourism

    Hospitality
    Bustling Regent Street showcasing vibrant storefronts and diverse pedestrians, capturing the essence of urban life.
  • Podcast: Palantir to sue Sadiq Khan, GSK’s $10bn mega-deal, and could the World Cup rescue pubs?

    Podcast
    City PM Business As Usual Podcast
  • Mayor Khan makes case for London to host Joshua vs Fury boxing bout

    Sport Business
    GettyImages 2270908743 likely shows a significant news-related event or scene relevant to the articles context and focus.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy