Skip to content
Wednesday 5 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,879.38
+0.20%
DAX
26,202.35
0.00%
CAC 40
8,666.63
0.00%
STOXX 50
6,486.70
0.00%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Monday 22 November 2021 10:55 am  |  Updated:  Monday 22 November 2021 11:25 am

Boris Johnson ‘prophesises’ mass return of office working at CBI conference

By: Stefan Boscia

Add as a preferred source on Google
Work from Home
Andrew Monk, the chief executive of VSA Capital, questioned whether employees who want to work from home are suitable for high powered financial services jobs in the City.

Boris Johnson has “prophesised” a mass return of workers to city centres and office blocks, saying that there are “sound evolutionary reasons why mother nature does not like working from home”.

Johnson said – in a bizarre speech that referenced Pippa Pig World and saw the Prime Minister lose his place for 20 seconds – at the Confederation of British Industry’s (CBI) annual conference today that “young people need to be in the office to learn and compete and pick up social capital”.

It comes after figures from Remit Consulting in the Financial Times today showed that just 22 per cent of staff are working at the office full-time nationally.

Footfall numbers have increased in central London over the past six months, however they are only at around half of pre-pandemic levels.

Many City workers now come in three days a week – Tuesday, Wednesday and Thursday.

Johnson said he did not think this would be a long-term trend.

“I know that there are some people that think working habits have been remade by the pandemic and that we will only be working on Tuesday, Wednesday and Thursday in an acronym I wont’ repeat,” he said.

“I don’t want to be dogmatic about this, but I have my doubts and it’s not just that young people need to be in the office to learn and compete and pick up social capital. There are also sound evolutionary reasons why mother nature does not like working from home.

“I prophesise people will come back, they will come back to the office … and people also want choice and that’s why we must put in the gigabit broadband as we are.”

The Prime Minister used his speech today to announce new regulations that will see all home and business owners forced to install electric vehicle charging points outside new buildings.

Downing Street believes the policy will lead to 145,000 more electric vehicle charging points being installed every year.

Read more

Forget Burnham, what will Starmer do next?

Keir Starmer announces resignation at press conference, standing behind podium with serious expression, addressing media

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Politics

Trending Articles

  • Donald Trump is creeping towards a shrewd sanctions policy

  • Rupert Lowe axes pensions triple lock and pledges tax cuts in economic plan

  • West Ham: Staveley receives Sadiq Khan encouragement to buy London Stadium

  • Staveley planning ‘big property play’ as she closes in on West Ham stake

  • North Sea is not competitive, says BP boss days after exit

More from City PM

  • Forget Burnham, what will Starmer do next?

    Opinion
    Keir Starmer announces resignation at press conference, standing behind podium with serious expression, addressing media
  • ‘Number 10 North’ is no more than a gimmick

    Opinion
    Andy Burnham speaking at a press conference, wearing a suit and tie, addressing current political issues in Manchester.
  • ‘Phenomenal waste of time’: Burnham slammed over plans to dismantle tech department

    Tech
    Andy Burnham speaking at a press conference, expressing confidence despite challenges, highlighting leadership and resilie...
  • London workers most exposed to AI jobs cull

    Economics
    London skyline with modern skyscrapers and lush green foliage in foreground on a clear day, highlighting urban nature balance
  • In praise of Count Binface

    Opinion
    Count Binface wearing a silver mask and cape, standing in front of a podium during a press conference.
  • ‘Pro-business’ Burnham eyes Reynolds return to top business job

    Business
    Jonathan Reynolds addressing the SMMT's annual International Automotive Summit (image courtesy of SMMT)
  • The water industry needs investment, not confiscation

    Opinion
    Thames Water infrastructure with pipes and maintenance workers, highlighting water management efforts in London
  • Alkermes plc Reports Second Quarter 2026 Financial Results

    Business Wire
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook