London needs offices to thrive: Giles Fuchs in City A.M.
Are cities dead? There are plenty who think so – but Britain should hope they’re wrong.
Writing for City A.M., OSiT CEO Giles Fuchs argued that both the Prime Minister and the Chancellor, Rishi Sunak, are right to believe that businesses will once again return to the office.
For the Chancellor, this belief is underpinned by our social nature as human beings – the craving to be part of a collaborative community on which, in part, the appeal of the office rests.
However, Giles argues that a return to the office is not just going to be an inevitable outcome of our social nature. Instead, it is a crucial necessity for the future of UK business.
Indeed, young people particularly have been affected by the wellbeing and productivity impacts of home working, including a loss of motivation and enthusiasm for their organisation.
Company culture is contagious when people come together in person, and while people now want to work in more agile ways, universal and permanent home working is not sustainable for businesses or people long-term.
Giles outlines why the office will be crucial in providing the opportunities that a millennial-majority workforce requires, and why this has never been more important as we carve out the legacy of Brexit. The office is essential for both attracting and retaining talent, as well as ensuring the UK’s future as a global beacon for business.
You can read Giles’ view in full in City A.M. here.