No return of workers to offices ‘could cost UK economy £480bn’
by Simon Goodley from on (#57H0Y)
Ex-CBI adviser says economy will not return to pre-pandemic size until 2025 if home working continues
The UK economy could lose almost half a trillion pounds of output if workers fail to return to their offices, a study estimates.
Douglas McWilliams, a former chief economic adviser to the Confederation of British Industry, has warned the economy will not return to its pre-pandemic size until 2025 if home working continues in its current form, which would add up to at least 480bn in lost activity.
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