JPMorgan Announces Multibillion-Pound, 3-Million-Square-Foot Tower in London’s Canary Wharf

A Landmark Investment Signals Renewed Confidence in the UK Economy and London’s Future as a Global Financial Hub JPMorgan Chase has unveiled plans to build a 3 million-square-foot tower in London’s Canary Wharf financial district—one of the largest private-sector developments in the UK—marking a powerful vote of confidence in the country’s economic trajectory following the latest government budget. Announced on Thursday, the project represents a multibillion-pound investment that the bank says will contribute £9.9 billion ($13.1 billion) to the local economy over six years, including construction costs, while creating 7,800 jobs. The move comes on the heels of UK finance … Continue reading JPMorgan Announces Multibillion-Pound, 3-Million-Square-Foot Tower in London’s Canary Wharf