Despite recent turmoil in the stock market, confidence in City of London construction continues to soar. Historic Cheapside is a sea of tower cranes as one of the Square Mile’s main thoroughfares is transformed. Major projects on the go include a £500m shopping centre at One New Change, where McGee is carrying out demolition work, the £53m 150 Cheapside project being built by Carillion, and Bovis Lend Lease’s £55m Bow Bells job for developer Stanhope.