London Workers Are in the Office Just Half the Week, Study Finds
London lags behind other major global cities when it comes to working in the office, raising concerns about both productivity and the British capital’s appeal as an international investment destination.
Full-time workers in London spend little more than 50% of their working week in the office, the Centre for Cities think tank said in a report. While that’s up compared with last year, only Toronto puts in as little office time among the six international cities analyzed which included Paris, New York, Sydney and Singapore.
The figures show how the pandemic has permanently reshaped working patterns, with many of those forced to work from home during Covid lockdowns reluctant to return to the daily commute. Read more from Bloomberg’s Irina Anghel.
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Solutions Architect • Former Software Engineer • Team Builder • Diplomat
4moDo you know what’s awful for productivity? Lack of competition and rent seeking. WFH barely makes a dent, if anything it’s a net positive to productivity. Open planned offices kill productivity and this is the norm all over the world.
Generalist
4moThe devil is in the detail...
Senior Manager Data/Product Analytics & AI Enthusiast | Driving Digital Transformation with Innovative Solutions
4moIt's interesting to see how the pandemic has reshaped working habits, particularly in cities like London and Toronto, where the preference for remote work remains strong. While concerns about productivity and investment appeal are valid, it's important to consider the evolving nature of work and the growing emphasis on flexibility and work-life balance. The challenge for London now is to adapt to these new expectations and find innovative ways to maintain its status as a global business hub while embracing the benefits of hybrid work models.
Non-Exec / Fractional CRO / Growth Consultant / Account, Capture & Proposals Specialist / Bid Writing Trainer / Investor / Financial Freedom Expert
4moLagging behind or leading the way?
Director - Debt Capital Markets at Bank of China | CFA Level III Candidate
4moI think the title should have been « London is one step ahead of other major cities when it comes to remote working » Bloomberg News A lazy worker will be unproductive at home or at the office. Same goes for a productive person the other way around.