A new datacentre worth £35 million is to be constructed in Central London by data centre company Volta.

The datacentre building currently enjoys access to multiple telecoms providers. Matthew Dent, chief executive of Volta, said: ““The project is progressing according to plan and after a long period of design we’re delighted to now be at the construction stage”.

The construction of the new centre is aimed at attracting new users from within the financial services industry.