A new 36-storey building has been given the go-ahead by City of London council. Construction is expected to begin in 2018 next to the historic Leadenhall Market, which dates back to the 14th century.

At a towering 600ft, the new skyscraper known as 1 Leadenhall is just the latest in a new host of giants to join the financial district’s eclectic skyline.

The £400m project has been met with criticism from conservationists, including the Victorian Society and Historic Royal Palaces.

“We are extremely disappointed by this news,” said Alex Bowring, a conservation adviser for the Victorian Society.

“The proposed skyscraper would mark an absolute break in the skyline and therefore significantly harm the streetscape and leave the lively Leadenhall Market looking like a lost relic.”

1 Leadenhall will introduce 50,000 sq ft of cafes and shops for the public, along with 540,000 sq ft of new office space.

A spokesman for the constructors said “1 Leadenhall is a carefully considered design that will complement the architecture of the surrounding buildings and embraces the heritage of its unique setting.”