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Published 5 March 2024

Category London

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In a recent debate with City AM, OSiT CEO Giles Fuchs makes the case that the enduring shift of working from home will spell disaster for London's status as a global financial hub. Home to 1.1m businesses and host to global HQs, London's stable corporate environment and status as a centre of innovation has attracted talent from across industries and indeed the world.

Will long-term remote working jeopardise London’s status as a global financial centre?

In a recent debate with City AM, OSiT CEO Giles Fuchs makes the case that the enduring shift of working from home will spell disaster for London’s status as a global financial hub.

Home to 1.1m businesses and host to global HQs, London’s stable corporate environment and status as a centre of innovation has attracted talent from across industries and indeed the world.

However, Giles argues that offices in London will be jeopardised by prolonged remote working. With communication and collaboration enabled by office interaction, Giles discusses the impact of remote working on productivity – spelling worrying implications for businesses if remote working was to be permanently adopted.

Read Giles’ full debate in City AM here.

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