Since Britain’s decision to leave the European Union you might think that London’s banks, law firms and accountants have been shelving plans to move to new offices, fearful in anticipation of a collapse in the economy and of an exodus of jobs to the Continent.

But you would be wrong. In the 18 months since Britain voted to leave the EU, the equivalent of four Cheesegraters – or 2.4m sq ft – have been leased by the financial services sector in central London, contradicting many of those who expected doom and gloom.

American giant Wells Fargo and Germany’s Deutsche Bank are among the Square Mile businesses that have signed large new leases since June 23 2016 and, as we reveal in Knight Frank’s “The London Report”, released on Wednesday, the real problem will soon be a shortage of office space.

In fact, overall office leasing activity in central London in 2017 vastly outperformed the previous...