Results tagged “canary wharf”
To mark International Women's Day, Wharf lawyer Clare Murray talks about the rise of women in business
Anyone needing a reminder of the ongoing disparity between men and women in business has only to take a glance at the Equality and Human Rights Commission survey into gender pay.
The DLR has been in a state of constant expansion since its inception in 1982 when the emerging Docklands developments demanded a dedicated transport link.
The original layout of the network saw routes from Island Gardens via Poplar to Stratford and, to the West, to Tower Gateway.
Britain can expect a budget within 50 days should the Conservatives win the General Election.
David Cameron made the pledge at an event at Thomson Reuters in Canary Wharf this morning as he outlined the Tories' plans to bring the UK out the current economic slump.
Commuters were hit by a meltdown of transport to Canary Wharf this morning with both the Jubilee line and DLR hit by problems.
A signal failure at Canada Water saw the Jubilee line suspended between London Bridge and Canary Wharf at the peak of rush hour, while Bank station shut because of overcrowding.
HSBC has reiterated its commitment to staying in Canary Wharf after revealing a jump in underlying profits last year.
The bank made a pre-tax profit of $13.3billion for 2009, an increase of 56 per cent on the previous year, but its reported profit before tax fell by 24 per cent to $7.1billion due to losses in its American operations.
The creation of Canary Wharf has been a towering success but the benefits of the booming business district have not always been felt in neighbouring communities.
To bridge the gap the Isle of Dogs Community Foundation has spent 20 years providing funding for essential services on the Island.
Long-suffering rush-hour commuters on DLR's Bank to Lewisham line will have congestion eased thanks to the introduction of the first three-car trains.
The completion of extended platforms on that section of track means it will be the first to take advantage of 55 new carriages, which have been bought at a cost of £100million.
It's hard enough to train properly for a marathon without the elements conspiring to stop you even hitting the streets.
But that's what happened to Laura Knight, who found the start of her training programme for the Virgin London Marathon hampered by the big freeze.
Teams of enterprising young business people battling it out to be top dog - sound familiar?
No it's not Sir Alan Sugar's The Apprentice. It's a teenage charity - and thanks to support from Canary Wharf firms it is giving thousands of the capital's youngsters a valuable introduction to the working world.
It might be the most widely read magazine in the world but that has not stopped the UK arm of Reader's Digest going into administration.
The publisher, based in Westferry Circus, filed for administration today after a deal to save its pension fund collapsed, putting around 135 jobs at risk.
Levi's became the latest addition to Canary Wharf's retail collection when it opened its doors this morning in what it hopes will be a stroke of "jeanius".
The leisurewear store opened in Canada Place mall at 11am, and business was already brisk by lunchtime.
Barclays recorded a big jump in profits last year despite the recession.
The bank posted a year-end profit of £11.6billion before tax, an increase of 92 per cent on its 2008 figure. Most of that came from the £6.3billion sale of Barclays Global Investors and a strong performance from investment arm Barclays Capital.
The opening of Jamie's Italian was one of 2009's big Canary Wharf success stories.
Jamie Oliver's restaurant in Churchill Place has seen Wharfers queuing round the block since it opened last August, attracted by its low prices and good quality food.
The Financial Services Authority is asking for over £450million to carry out its supervisory duties for the next year.
The Wharf-based regulator wants £454.7million to pay for its more "intensive and intrusive supervision of businesses. It represents a 9.9 per cent increase on last year's figure of £413.8million.
Credit Suisse enjoyed a productive 2009, making a profit of 6.7billion Swiss francs last year.
The bank, which has its UK headquarters in Canary Wharf, has bounced back from a poor 2008, largely due to the strength of its private banking business and adopting a safer business model.
Two Christian events will be held at Canary Wharf next Wednesday to celebrate the beginning of Lent.
Both a lunchtime service at the prayer room in Churchill Mall and an early evening Roman Catholic mass at Barclays with the Archbishop of Westminster will take place.
Hector Sants is to leave his job as chief executive of the Financial Services Authority in the summer.
The Wharf-based financial watchdog announced today that Mr Sants will step down after three years in the job, a period which has seen increasing criticism of the FSA's regulatory role, particularly when the credit crunch hit the banking sector in 2008.
President Barack Obama's assault on Wall Street is driven more by political expediency than economic necessity.
His lack of tangible progress (job creation) in his first year has lost him much ground and the new round of bank bonuses has only served to rub his nose in his apparent impotency.
Its collapse came to symbolise the financial crisis and the last remnants of Lehman Brothers is set to disappear from Canary Wharf soon.
The failed bank's administrators will vacate Lehman's former headquarters at 25 Bank Street on March 31 and will stop paying rent on April 1.
Ratepayers in Canary Wharf, The City and Westminster are to pay a greater share of the business levy used to fund Crossrail.
Mayor of London Boris Johnson has announced that he is raising the threshold at which London businesses are required to contribute towards the £15.9billion project. Boroughs with a station will also pay a greater share.
