Faculty of Law, University of Cambridge named after the University's first full-time Vice-Chancellor and Professor of Public Law, Professor Sir David Williams. The Building opened in 1996 and was designed by Norman Foster, who also designed the terminal building at Stansted Airport and 30 St Mary Axe (the "Gherkin" in London). The building suffered serious acoustic problems (primarily due to a lack of consideration of acoustics in Foster's design), with its form amplifying any noise from the lower levels and causing significant disturbance at higher levels, not least in the library. This was fixed in 1999 with the installation of a glazed acoustic screen, separating quiet
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