London Millennium Tower St Mary Axe, the name of a different skyscraper that stands on the site today. English Heritage had been one of the largest backers of the project until they withdrew their support, due to Heathrow Airport objecting to the disruption that such a tall building would have on their flight paths. The project was eventually cancelled and the site sold to Swiss Re, which created its headquarters, also designed by Foster & Partners. London Millennium Tower The London Millennium Tower was one of several ideas for the site of the former Baltic Exchange at 30 St Mary Axe, City of
30 St Mary Axe giving the previous owners a clear £300 million profit. Since February 2010, Sky News has broadcast its flagship business programme, "Jeff Randall Live", from a studio in the building. In addition the top two floors of tower are now available on a private hire basis for events. Deloitte announced in April 2014 that the building was again being put up for sale, with an expected price of £550 million. The current owners could not afford to make loan repayments, citing differences in the value of the multi-currency loan and the British pound, high interest rates and general financing structure. In