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Thirteen years ago, Lehman Brothers almost killed Canary Wharf. When the financial giant collapsed at the height of the financial crisis, it was a major blow to the area. The US bank, which had signed a 30-year lease for over a million square feet in a 33-storey tower, vacated the building on September 15, 2008 after filing for bankruptcy protection in New York.
At the macro level the impact was huge. The building’s owner – the Canary Wharf Group, which owns and develops most of the Canary Wharf Estate – was left massively out of pocket, finally receiving a $350 million settlement from Lehman’s liquidators in 2014. At the micro level the overnight loss of 4,000 big-money employees had an immediate impact on the local economy too. “The champagne bars closed down and were replaced by chain restaurants,” recalls Jon Massey, the editor of local lifestyle publication
New rapid testing site opens in Canary Wharf
A new rapid Covid-19 testing site is now available for residents and workers without Covid-19 symptoms in Canary Wharf, Tower Hamlets.
The testing site is the third community testing site in the borough, providing rapid testing for people who are key workers, cannot work from home, or live with someone in these groups. Taking up a free rapid test twice weekly can help protect these residents and those that they live and work with.
As many as one in three people who have Covid-19 do not have symptoms. The community testing sites help to quickly identify asymptomatic cases to stop the spread of the virus.
The new Covid-19 rapid testing site at Canary Wharf.
- Credit: Tower Hamlets Council
A rapid Covid-19 testing site for people without symptoms has opened in Canary Wharf.
Located on level -2 of Jubilee Place mall, it s the third community testing site in the borough - providing rapid testing for key workers, those who can t work from home, or people who live with someone in these groups.
As many as one in three people with Covid-19 don’t have symptoms and these sites help to quickly identify asymptomatic cases.
Tower Hamlets mayor John Biggs.
- Credit: Mike Brooke
Mayor John Biggs said: “Effective community testing is key in controlling the spread of Covid-19, so having this new site in London’s business hub will be indispensable.”
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