Santander has told its nearly 10,000 UK employees that they must work in the office at least three days a week, moving from a previous two-day policy.
Many firms advocating for more in-office attendance, like Santander, cite hopes for enhanced collaboration and a significant productivity boost as primary reasons for the change.
The Centre for Cities report highlights home-working as potentially linked to a productivity decline in London, with output per hour down 2.7% from 2019.
The report underscores the importance of face-to-face interactions in combating productivity disadvantages, indicating that less frequent in-person collaboration may hinder performance.
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