Editing London Borough of Tower Hamlets (section)

==Economy==
[[File:London MMB S6 Canary Wharf.jpg|thumb|upright|[[One Canada Square]], the [[List of tallest buildings in Europe|16th-tallest building in Europe]] and currently the [[List of tallest buildings in the United Kingdom|third tallest completed building in the United Kingdom]], the tallest being [[The Shard]]]]
[[File:Whitechapel market.JPG|thumb|left|The market area in [[Whitechapel]]]]
The borough hosts the world headquarters of many global financial businesses, employing some of the highest paid workers in London, but also has high rates of long-term illness and premature death and the 2nd highest unemployment rate in London.<ref>{{cite web|url=http://www.londonspovertyprofile.org.uk/indicators/boroughs/tower-hamlets/|title=Poverty Indicator - Tower Hamlets|work=Londons Poverty Profile}}</ref>

[[Canary Wharf]] is home to many of the world and European headquarters of numerous major banks and professional services firms including <!-- Please do not add any further examples to this list without discussing on the Talk page, this is supposed to be a selection of notable names not a comprehensive list.-->[[Barclays]], [[Citigroup]], [[Clifford Chance]], [[Credit Suisse]], [[Infosys]], [[Fitch Ratings]], [[HSBC]], [[J.P. Morgan & Co|J.P. Morgan]], [[KPMG]], [[MetLife]], [[Morgan Stanley]], [[Royal Bank of Canada|RBC]], [[Skadden, Arps, Slate, Meagher & Flom|Skadden]], [[State Street Corporation|State Street]] and [[Thomson Reuters]].<ref>{{cite news|url=http://www.chinaeconomicreview.com/china-eye/2009_08_31/China_to_invest_in_Canary_Wharf.html|title=China to invest in Canary Wharf|access-date=11 November 2010|publisher=China Economic Review|date=31 August 2009}}{{Dead link|date=July 2018 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> [[Savills]], a top-end estate agency recommends that 'extreme luxury' and ultra-modern residential properties are to be found at Canary Riverside, West India Quay, Pan Peninsula and Neo Bankside. Tower Hamlets is the earliest borough where the first skyscrapers were built and since 2014 it saw the completion of over seventy skyscrapers, more than any other place in the UK <ref>{{cite web | url=https://www.express.co.uk/news/uk/1969098/uk-city-dubbed-manhattan-600-skyscrapers/amp | title=UK city dubbed 'another Manhattan' as 600 skyscrapers poised to go up &#124; UK &#124; News &#124; Express.co.uk }}</ref>

The [[End Child Poverty coalition]] published that Tower Hamlets has the highest proportion of children in poverty of any local authority in the UK at 49% (and as high as 54.5% in the Bethnal Green South ward).<ref>{{cite web|url=http://www.endchildpoverty.org.uk/why-end-child-poverty/poverty-in-your-area|title=Poverty in your area|publisher=End Child Poverty|date=October 2014|access-date=4 November 2014|archive-url=https://web.archive.org/web/20141031001323/http://www.endchildpoverty.org.uk/why-end-child-poverty/poverty-in-your-area|archive-date=31 October 2014|url-status=dead}}</ref>

Surveys and interviews conducted by the Child Poverty Action group for the council found that the [[Universal Credit]] system was deeply unpopular with low-income families in the borough and that most claimants who have used the system found it difficult to understand and experienced frequent payment errors.<ref>{{cite news|last=Butler|first=Patrick|date=2019-10-16|title=Universal credit 'leaving families depressed' in poorest London borough|language=en-GB|work=[[The Guardian]]|url=https://www.theguardian.com/society/2019/oct/16/universal-credit-leaving-families-depressed--poorest-london-borough-tower-hamlets|access-date=2020-05-05|issn=0261-3077}}</ref>