Results tagged “George Iacobescu”

Heron Quays leaseholder Michael Gross will tell an enquiry this week that he was "deceived" by Canary Wharf Group during talks for his stake.

Mr Gross is one of two leaseholders who pushed for a public enquiry after they were served with a compulsory purchase order by Tower Hamlets Council last year.

Tower Hamlets Council has dismissed claims that it is Canary Wharf Group's "poodle" as the row over land at Heron Quays continues.

The authority chose to use its compulsory purchase powers last year to allow Canary Wharf Group to snap up the last pockets of land for its 2.5million sq ft Heron Quays West development.

Click here for The Wharf's gallery of the Crossrail launch event.

The seed of Crossrail was planted over a century ago. It has attracted delays, debate and dreamers imagining a London network with elbow room.

Prime Minister Gordon Brown and London Mayor Boris Johnson were among the many who saw the £15.9billion project get underway in Canary Wharf today. The Wharf was there to gauge their reactions.

London's most important transport pipedream could be inching towards reality.

After decades of debate, construction on the £16billion east-west London link is expected officially to begin in Canary Wharf tomorrow.

Canary Wharf Group chief executive George Iacobescu has warned the current financial crisis may linger beyond 2011.

The high-profile Wharf figurehead predicted the upheaval may “last for three or four years� in a recent interview with a Romanian journalist.