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JPMorgan to build new Canary Wharf tower, creating thousands of UK jobs
JPMorgan will build a new London tower, investing nearly £10 bn and creating 7,800 jobs, signalling long-term confidence in UK’s financial hub status.
Global bank JPMorgan announced plans to construct a substantial new office tower in London’s Canary Wharf district, committing over £9.9 billion in investments over six years. The project is expected to generate around 7,800 jobs and support local infrastructure development. The bank said the move reflects its long term confidence in the UK’s financial sector and aims to leverage London’s role as a global financial hub.