Former Prime Minister Liz Truss’ private members club is facing opposition from local residents and a licensing decision that could shape its future — as developers press ahead with plans to transform a former MI5 headquarters in Mayfair into what they describe as a "strategic nexus for global pro-growth leaders." Truss serves as the public face of the venture, which is to be called the Leconfield, personally overseeing an invite-only membership drive targeting up to 14,000 ultra-high-net-worth individuals from the worlds of technology, private equity, and family offices. Founding membership is priced at £500,000 with the capital raised earmarked to service a £130 million mortgage, fund a £90 million refurbishment, and finance the acquisition of the Royal Pavilion in Aldershot as a wellness facility. Westminster City Council is currently weighing five formal objections from neighbouring residents, who have raised concerns over noise disturbance from a proposed rooftop Japanese restaurant and basement bar. Complainants have warned that the development risks turning a quiet residential area into a late-night venue, with fears over alcohol being served into the early hours. Developers insist the club is a business centre rather than a nightclub. Soundproofing has been installed in the basement, the roof terrace will close at 11pm, and post-1am alcohol service would be limited to select areas as "refreshments" only.  The licensing sub-committee is expected to rule next month. The Leconfield is a novel concept worth watching. Private members clubs continue to thrive in London with Mayfair being the spiritual and global capital of private-members-land. Private capital, top financial, entrepreneurial and political names, and a membership list drawn from the upper reaches of global business. It may be pitched as a place to do deals, but it is also, unmistakably, a place to be seen doing them....