Lorraine Watts, manager of the Limehouse Arches Day Nursery in Tower Hamlets borough, told Nursery World, 'We have lost three children already because of what happened to Lehmann Brothers. We are right in Canary Wharf and 5,000 jobs have gone, so it's bound to have an effect. It's having a knock-on effect on everyone, even the small kiosk we have near here.'
She added that fortunately the 45-place nursery is not heavily dependent on parents working in the City. Kim Arrowsmith, manager of the Matchbox day nursery, said that while the nursery had some children of city workers, many of her clients work in education or the health service.
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