Business

Three out of four Londoners vow never to return to the office full-time

Starting next month, the city-focused chain will be adding cheaper items to its shelves, such as: B. Cheese Twists and Pastel de Natas as it tries to compete with companies like Greggs and expand outside of the capital.

Chief Executive Pano Christou, who told Bloomberg about the plans last month, said demand in London’s financial centers on Fridays was up to 80 percent lower than midweek, while sales in London’s suburbs were higher than before the pandemic and transactions is booming in Yorkshire. After being burned by his ‘follow the skyscraper’ strategy during Covid, the London star is looking elsewhere for growth.

But people tend to love coming into the office when they do. The study, released today by the Policy Institute and King’s College London, shows that people feel much more connected to others in the workplace.

Among those who reported experiencing positive effects from working from home, eight out of ten cited avoiding the daily commute as the main reason for their improved living conditions.

Traffic chaos over the past few weeks has kept people from going to the office as the return to work after the anniversary bank holiday weekend was derailed by a major subway strike on Monday. Richard Burge, chief of the London Chamber of Commerce and Industry, complained that the strike had forced Transport for London to recommend that Londoners work from home, which “will only hurt the London economy”.

Although surprised by the consensus that most people, regardless of age or seniority, support working from home, Mr. Kleinman believes London will thrive whether these behaviors prove enduring or not.

“London and other major cities have grown and thrived on the importance of ‘agglomeration economies’ – that is, the advantages of proximity, connectivity and chance that bring talent, ideas, meeting places and institutions together. That won’t go away.”

https://www.telegraph.co.uk/business/2022/06/08/three-four-londoners-vow-never-return-office-full-time/ Three out of four Londoners vow never to return to the office full-time

Russell Falcon

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