BOE’s Dave Ramsden expects companies to ditch some London offices

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Not all real estate will return to their old usage as working from home has become the new normal

A man wearing a protective face mask walks past the Bank of England in the City of London, Britain. Picture: REUTERS/TOBY MELVILLE

Referring to new office blocks in London’s financial centre, Ramsden said not all will go back to their old usage now that firms and employees have become used to working from home. The extent of the change could be reduced if an effective Covid vaccine is found soon.

 

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