 "The Independent (London, England)")
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Barclays to quit City for Canary Wharf.(Business)
From:
The Independent (London, England)
| Date:
September 6, 2001| Author:
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COPYRIGHT 2001 Independent Newspapers (UK) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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AFTER 300 years of being based at Lombard Street, Barclays Bank is to move its head office to Canary Wharf, in a further sign that large companies are deserting the Square Mile.
The bank said it had spent two years scouring the City and West End for a suitable site but only Canary Wharf, in London's Docklands, fitted its needs. It will have a 1 million sq ft building there, 30 storeys high.
Matt Barrett, Barclays' chief executive, said: "Barclays staff are currently dotted around London in sites across the City and West End. Bringing most of them together into one site ...
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