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Canary Wharf Tenants Aim to Avoid Olympic Chaos, Guardian Says

Dec. 17 (Bloomberg) -- Companies in London’s Canary Wharf district are working with Olympic Games officials to avoid a standstill in business during the event next year as a result of possible transportation problems, the Guardian reported.

As much as 80 percent of workers in Canary Wharf’s banks, law firms and accounting companies may arrange to stay away from the area or take vacation during the Games, which run from July 27 to Aug. 12, the newspaper reported today.

HSBC Holdings Plc, Britain’s biggest bank, is among companies working with officials on alternative arrangements during the event, including having “the vast majority” of the bank’s 8,500 London employees work from home or use other offices, the newspaper said.

To contact the reporter on this story: Erik Larson in London at elarson4@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net

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