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.
More top news
Model Rosie Nelson writes for ITV News, revealing why she is calling for MPs to pass a new law protecting models from becoming too skinny.
Amid calls for new laws to regulate the size of models, we look at how the face of fashion has changed over the past 60 years.
Amid calls for new laws to prevent models getting too thin, ITV News speaks to three women in the fashion industry to get their views.