City of London struggling to entice financial workers back to the office

The CEO of insurance and investment specialist Legal & General has said the City is struggling more than other UK regions to bring workers back to their offices.

Nigel Wilson – Legal & General CEO – said that since lockdown restrictions had been eased, other centers across the UK had been showing greater signs of life than the capital’s main financial district.

Wilson added that employers in the City will have to step-up efforts in the ‘next few years’ to refill their offices.

He continued, “The challenge for us that we have in the UK is how do we get people back to working in the City. If you travel around the rest of the country, there is a lot more economic activity going on in the core areas within those cities.”

According to Carrier Management, activity in the City and its rival district Canary Wharf recently climbed after seeing little change over recent weeks due to the summer holiday season.

The publication also emphasised that companies in the UK and worldwide are ‘grappling’ with what the future of the office holds, as many employees are now being able to work from home several days a week.

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