Recently in Business Category


Chinese firm Alibaba has arrived in Canary Wharf in a further sign of the estate's rapidly growing fintech credentials.

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Canary Wharf Group chief executive Sir George Iacobescu joined around 200 others at Island Gardens when he switch on the Christmas tree lights.


Olympicopolis - the major new scientific, cultural and education hub at the Queen Elizabeth Olympic Park, has now revealed Government backing in the form of £141million.


Six teams have made it to the final of a design competition to create a new culture and education quarter at Queen Elizabeth Olympic Park.

The teams include 125 architects from around the world who are all hoping to be chosen to design the £850m development that has been named Olympicopolis

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Boris Johnson has given the green light to the 3,610 home Wood Wharf scheme.


Planes will be flying from London City to Greece for the first time in the airport's history when British Airways begins two new routes next summer.


Business in the capital is being stifled by poor broadband speeds.

The state of the London's tech infrastructure was laid bare this on Tuesday when it was listed 26 out of 33 European cities in rankings of how fast download speeds are.


Shelved Government support schemes to make tower blocks more energy efficient should be reintroduced, according to an environmental think tank.


Songbird, the company that controls the Canary Wharf Group, has rejected an improved offer by a consortium looking to take over the estate.


Flight capacity between London City and Jersey will increase by 45% when Blue Islands launch an additional lunchtime service to the capital.

The move is part of a codeshare agreement between the airline and CityJet, signed this week.


Apprentice winner Tom Pellereau will be showcasing his newest invention at Waitrose in Canary Wharf on Thursday (December 4).

The 3-in-1 stylfile, which holds a buffer, cuticle neatener, and nail trimmer, will be launched exclusively at the store by the series seven Apprentice champion.


The arts, science and tech sectors will come together to put east London at the cutting edge of the digital revolution.

The Olympicopolis development - which will see blue-chip cultural and educational institutions in a cluster on the Olympic Park - will act as a catalyst for a wave of innovative tech communities, say its backers, the London Legacy Development Corporation.

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While Canary Wharf is the New York of the capital, the estate's new residential scheme will have the feel of San Francisco.


Songbird Estates has said that the company that runs Canary Wharf is worth almost a third more than the recent bid by Qatar and Brookfield.

In a statement to the stock market, Songbird said independent valuers have said the net value of the company's assets is 381p per share. The bidders tabled 295p.



Handelsbanken, the fast-growing relationship bank, was recently rated top for customer
satisfaction for the sixth year running in an independent survey of British banks
personal and business customers.

The 143-year-old locally-focused bank, with a branch in Moorgate and a meeting room in Canary Wharf has been found to "far exceed" its nearest high street competitors for both customer satisfaction and loyalty.