Accountancy firm PricewaterhouseCoopers’ UK chairman has stated that offices will still be a key feature for work, despite many people around the country continuing to work from home during the pandemic.
As the country enters a second national lockdown on Thursday 5 November, PwC UK’s chairman and senior partner, Kevin Ellis, said that the company had no plans to downsize its office space.
PwC is one of many businesses that has seen its UK employees largely working from home since the first lockdown in March. The company, one of the Big Four accountancy firms, has offices in London Bridge and Embankment and around the country, employing 22,000 staff in the UK.
Ellis said: “The future of the market for office space is difficult to predict, if anything at the moment we need more space than ever because of social distancing. From the messages I get from our people, I know that many really value having the option to use an office, whether for a personal or business need.”
Several companies have stated that post-COVID they expect to implement a more flexible working solution, with a hybrid of office and home working.
Ellis added that hybrid working will be here to stay, meaning that offices will ‘remain a key part of working life’.
According to research by American multinational independent investment bank Jefferies Group, there will be a number of office lettings expected to be signed, despite fears that businesses will hold off on leasing decisions while a large proportion of the workforce continues to work from home.
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