Deputy Commissioner, Craig Mackey, explains how they plan to reduce their estate to save money.
The location the Metropolitan Police have chosen as their new headquarters.
The famous rotating sign will be moved to the new location.
Deputy Commissioner, Craig Mackey, explains how they plan to raise the performance of the Metropolitan Police whilst cutting costs.
London mayor Boris Johnson describes the sale of NSY as a good way "to raise some dosh." @londontonight
Police bosses plan to move from Scotland Yard as they face making cuts of more than £500 million.
Deputy Commissioner Craig Mackey told the Mayor's Office for Policing and Crime that the force hopes to save around £6.5 million per year by moving to a smaller headquarters.
New Scotland Yard has been in its current location in Victoria Street since 1967 but Mr Mackey said it would take an investment of around £50 million to bring the building up to scratch.