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Square Mile

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Ukraine war: Russian diamonds set for ban under new EU sanctions

Ukraine war: Russian diamonds set for ban under new EU sanctions
Nov 15,2023 11:01 am

... There are security cameras everywhere, in an area of about one Square Mile...

The photos that capture Glasgow's cultural melting pot

The photos that capture Glasgow's cultural melting pot
Nov 10,2023 8:11 pm

... An estimated 88 languages are spoken in the densely populated area, which covers about a third of a Square Mile or 85 hectares...

Evelyn Hollow: 'Don't call me a ghost hunter'

Evelyn Hollow: 'Don't call me a ghost hunter'
Oct 27,2023 9:21 pm

... " Edinburgh per Square Mile has the largest number of reported ghost incidents, " she said...

Nearly 1,000 birds die after striking Chicago building

Nearly 1,000 birds die after striking Chicago building
Oct 10,2023 1:41 pm

... told local radio station WGN that the group found 700 to 800 birds in a single Square Mile it monitors...

Brics summit: How China's and Russia's clout is growing in Africa

Brics summit: How China's and Russia's clout is growing in Africa
Aug 21,2023 10:11 pm

...By Andrew HardingBBC News, JohannesburgThe wealthiest Square Mile in Africa is hosting a big international summit this week with a mixture of pride, relief, and a hint of unease...

HSBC to leave Canary Wharf tower for new world headquarters

HSBC to leave Canary Wharf tower for new world headquarters
Jun 26,2023 9:40 am

... 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...

Brian Haw memorial: Sir Mark Rylance leads campaign

Brian Haw memorial: Sir Mark Rylance leads campaign
Feb 15,2023 2:01 am

... He proved such a pain for those in Westminster that legislation was passed in 2005 specifically to try to make him leave, with all unauthorised protests within a Square Mile of Parliament being banned...

Drax: UK power station owner cuts down primary forests in Canada

Drax: UK power station owner cuts down primary forests in Canada
Oct 2,2022 9:00 pm

... One of the Drax forests is a Square Mile, including large areas that have been identified as rare, old-growth forest...

HSBC to leave Canary Wharf tower for new world headquarters

Jul 4,2022 9:10 pm

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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Source of news: bbc.com

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