Brown, who became Transport Commissioner in July 2015 after previously serving as London Underground Manager and Chief Operating Officer, will step down at the end of the current Mayoral term in May.

If it goes ahead, TfL says the extension would support the capital’s growing population by helping to deliver more than 5,000 new jobs and at least 25,000 new homes.

The prospect of a Boxing Day service was first raised in 2016 when a new contract between TfL and Overground operators Arriva made provision for trains to run on the bank holiday, and earlier this year Mayor Sadiq Khan said talks were underway to make it happen.

The display features more than 12,000 fireworks, 2,000 lighting cues and 30 tonnes of equipment, choreographed to music. Attendance is limited to ticket holders and tickets must be bought in advance via www.london.gov.uk/nye.

The agency originally planned to redevelop the property into flats and with project partners TateHindle had worked with English Heritage to develop a residential led scheme which it said would respect and preserve “the building’s history and architectural significance.”