Working from home 'costs central London £2.3bn'

[Ploptimus]

£30 on drinks, was it

3 small white wines - you are a cheap date


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I still know how to locate the student unions

[GhostofTarbera]

I would have though it’s affecting TFL and rail companies a lot more. Not sure about others and obviously excluding you fancy zone 1 residents. To work in central London I would spend £50 on travel but £7 on lunch with the occasional £30 on drinks after work each week. I do live in the sticks though so I know it even more heavily weighted that way.

£30 on drinks, was it

3 small white wines - you are a cheap date


Sent from my iPhone using Contractor UK Forum

[Ploptimus]

I would have though it’s affecting TFL and rail companies a lot more. Not sure about others and obviously excluding you fancy zone 1 residents. To work in central London I would spend £50 on travel but £7 on lunch with the occasional £30 on drinks after work each week. I do live in the sticks though so I know it even more heavily weighted that way.

[minestrone]

The core property of most UK cities is made up of companies that have been bribed to open offices with regional development grants.

The office was already uneconomic and we've been propping up this system for years. It's going to get really bad soon for cities.

[GregRickshaw]

I wondered where the dinosaurs had gone...

I imagine it (loss of revenue) barely dents anyone's income other than overly rich landlords and sadly the very local shopkeepers who are independents.

Working from home has been 'a thing' for the last 20 years and massively on the rise before Covid. The acceleration was inevitable anyway as long as the environment was at the forefront of government's minds.

Companies who weren't letting workers work from home have adapted very well and very quickly and probably are now realising they don't need office space any more. The no more office space will be the biggest loss of revenue for landlords.

Companies who don't allow home working are ultimately dinosaurs and will lose workers very quickly to more forward thinking companies.

[dsc]

I think that will be too late for many businesses to survive unless the government keeps launching new support schemes.

They would have to start launching schemes which actually support though which I doubt will happen, so in 6 months there'll be feck all to go back to.

[scooterscot]

I think that will be too late for many businesses to survive unless the government keeps launching new support schemes.

Agreed. They need to close and stop draining the cash that remains.

Continue borrowing from future generations is like grave robbing in reverse. Just cause the living don't need it now is not a defence.

[GJABS]

Yes conversation, now that BBC has realised, adapted and improved their comment section.

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About 20 years after everyone else.

[edison]

Certain the business will return, it'll just be 12-24 months before it does.

I think that will be too late for many businesses to survive unless the government keeps launching new support schemes.

[Old Greg]

Certain the business will return, it'll just be 12-24 months before it does.

Although some of it will return to Paris, Frankfurt and Dublin if the No Deal trajectory continues.

[SueEllen]

Some of the places rely on tourists and regardless of whether people went back to work in offices or not, there wouldn't be any tourists so there would still be a spending short fall.

[scooterscot]

Certain the business will return, it'll just be 12-24 months before it does.

[BigDataPro]

There's a interesting conversation going on in BBC. Yes conversation, now that BBC has realised, adapted and improved their comment section.

Coronavirus: Working from home '''costs central London GBP2.3bn''' - BBC News