Canary Wharf
| Use attributes for filter ! | |
| Restaurants | The Ivy Canary Wharf |
|---|---|
| Third Space Canary Wharf | |
| Hotels | London Marriott Hotel Canary Wharf |
| Did you know | The average salary in Canary Wharf is £100,000. |
| Date of Reg. | |
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| ID | 876135 |
About Canary Wharf
Canary Wharf is a busy financial area filled with skyscrapers like the glittering One Canada Square. Canada Square Park hosts summer concerts and a winter ice-skating rink, while the Museum of London Docklands draws families with model ships and hands-on displays. Casual cafes bustle during the day and, come evening, post-work crowds gather in stylish wine bars and pubs. Ferries called Thames Clippers ply the river.
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HSBC to leave Canary Wharf tower for new world headquarters
By Aurelia Foster & PA NewsBBC News
HSBC is to move its world headquarters from its 45-storey Canary Wharf tower, possibly back to The City of London.
The banking giant is to move out of 8 Canada Square by 2027 when its current lease expires, after two decades.
The Move is part of plans to downsize its Office Space following the Covid-19 pandemic, as The Bank says it is now committed to flexible working.
HSBC has told The Bbc it is negotiating a new lease on BT's former headquarters near St Paul's Cathedral.
The proposed new office, in the Panorama St Paul's development, will be much smaller than The Bank 's current headquarters, which houses about 8,000 staff.
HSBC said the new development " is being designed to promote wellbeing and constructed to best-in-class sustainability standards, using predominantly repurposed materials".
HSBC moved to Canary Wharf in 2002 from its former home on Poultry in The City of London.
HSBC's decision to return to London's historic Financial District within the Square Mile is a " huge vote of confidence for The City " said The City of London Corporation policy chairman, Chris Hayward . " This move further solidifies The City 's reputation as a prime destination for Financial Services firms, offering them unparalleled opportunities. After the pandemic, globally by about 40% to reduce costs and energy and allow more employees to work from home.
Chief executive Noel Quinn said he thought going to The Office Five Days a week was " unnecessary" and its managers were often travelling to locations around The World during the week.
HSBC told The Bbc that talks began into a move to this site after a review into its future location Last Year . It said the new office would " support digital innovation" and help it meet net zero carbon commitments.
It is not known what HSBC's tower, owned by Qatari investors, will be used for when The Bank moves out.
The Canary Wharf Group, which owns and runs The Estate , has not commented on HSBC's move but said the area had become more diverse in recent years.
Having started life as a Financial District , it is now home to a growing number of health and life science firms.
It also has 3,500 residents living in build-to-rent flats on The Site , the Canary Wharf Group said.
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Related TopicsSource of news: bbc.com
