|From Drop Box|
To Canary Wharf to have lunch with my City friend. The recession has arrived and it is as awful here as anywhere. One in ten people in his company had been fired the previous day. Many of the tall buildings were half empty, he informed me, and the atmosphere at his firm - usually upbeat and businesslike - was naturally very low. Smollensky's restaurant, which had been too busy to find us a place when we'd been a few months ago, had tables to spare.