I bicycled through Canary Wharf earlier in the week and was struck by how different it feels to the City: much more alive, more restaurants, more street life. The City has been promoting a view that having turned itself into a less successful, ersatz version of Canary Wharf, the big banks are now desperate to move to the City. If I were a big bank, I would be cautious of this. It’s propaganda from the City who seem to have the newspapers on their side. Maybe their proprietors are freemasons too.
