Is it time to look up to a city in the sky?

By Richard Steer2020-09-22T05:00:00

The catastrophic economic impact of lockdown calls for a global rethink of how we might live and work in future, says Gleeds’ Richard Steer

The latest estimates of the economic impact of the workforce staying at home, huddled over PCs laptops and smartphones, sits at around the £15bn mark - the equivalent to a 1% dent to GDP. It is not surprising when the headlines are dominated by talk of empty commuter trains, deserted concourses and a frightened workforce.

If we take one firm, Aon, which is based in the London Cheesegrater as an example, last month it had 6% of its 2,800 staff back at work and hopes to get, at most, a further 20% following suit in the coming months. This is not good for their staff, their business or the wider economy.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community