A developer which plans to spend £800million redeveloping Bishopsgate Goodsyard has hit back at accusations it will ruin Shoreditch .

The More Light More Power campaign has rallied against the plans, which include a 46-storey skyscraper and 1,400 flats, claiming it will damage local business and block out sunlight from the area.

But a statement from Bishopsgate Goodsyard Regeneration Limited (a joint venture between developers Ballymore and Hammerson) claims that every one of the protesters’ complaints was either exaggerated or untrue.

Also online: Bishopsgate Goodsyard plan will block out the sun say protesters

It read: “The More Light More Power campaign has highlighted in recent statements ‘facts where there can be no dispute’ regarding our proposed regeneration of the derelict site at the Bishopsgate Goodsyard. These ‘facts’ are clearly an attempt at misrepresenting all the benefits that we have been working hard to deliver alongside the local community and local planning authorities since 2013.”

The statement first took a swipe at More Light More Power’s statement that there will be no light as a result of the Goodsyard development.

“This is an untrue representation of the facts that are set out in our Planning Application documents,” said the statement.

“From the end of February to the end of October there will be no extra impact on overshadowing for the Boundary Estate. At other times there will be additional overshadowing less than 30 minutes, on average, per day.”

Also online: Bishopsgate Goodsyard meets more resistance in Tower Hamlets

It also claimed the idea that the development would not contain any affordable housing is also wrong.

“In the amended plans submitted in July, the joint venture committed to provide 10% affordable housing, which will include large family homes on-site. With the mayor’s guidance and in partnership with both boroughs, we will continue to work to ensure that this key regeneration opportunity is delivered to benefit the local community and future-proof London’s future growth.

“The completed development will bring at least 7,000 jobs to the area in the next few years – including apprenticeships and construction jobs. We are working closely with both Tower Hamlets and Hackney councils, as well as with community groups, to ensure local people benefit from the new roles created.

“Regarding flexible workspace, our current proposals provide a total 800,000sq ft of office space of which 10% will be affordable workspace in accordance with the planning policy for Hackney.

"The scheme’s office space has been designed by local architects, Buckley Gray Yeoman, with the intention of creating modern warehouse space that specifically caters for those small, agile businesses that characterise Tech City.

“Our buildings not only provide space for start-up businesses, but also existing tech businesses looking to expand and grow and remain in Shoreditch.”