Why home working might be damaging London's economy
Briefly

"According to official figures, output per hour in London was 2.7 per cent lower in 2022 than it was in 2019. This makes it the only part of England to have seen negative productivity growth over this period."
"Home-working might be part of the explanation for the most recent deterioration in productivity. The report found that Londoners work an average of 2.7 days per week in the office, just ahead of Toronto but behind the four other surveyed cities."
"Rob Johnson, an analyst at the Centre for Cities told City A.M. that the direct impact of homeworking on productivity was a 'big unknown', but argued there was good reason to think it had made a difference."
"We know knowledge disseminates and innovation happens through face-to-face interactions, especially valuable for enabling transfers of information and knowledge."
Read at CityAM
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