Skip to content
Wednesday 22 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,716.97
+1.24%
DAX
25,155.41
+0.58%
CAC 40
8,437.89
+0.89%
STOXX 50
6,316.99
+0.50%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Monday 02 August 2021 6:53 pm  |  Updated:  Monday 02 August 2021 6:55 pm

Rishi Sunak renews call for City workers to get back to the office

By: Stefan Boscia

Add as a preferred source on Google
UK Lockdown Anniversary: The Square Mile, Back At Square One
Sunak has been the most vocal government supporter getting people back to the office and increasing footfall in city centres post-freedom day.

Rishi Sunak has renewed calls for young City workers to get back to the office now the government’s work from home order has been dropped.

The chancellor recalled how his career as a young investment banker was helped by making relationships in the office with older colleagues.

Speaking about a recent visit to Scotland where he met with young financial services workers, Sunak told LinkedIn News: “I was telling them the mentors that I found when I first started my job I still talk to and they have been helpful to me all through my career even after we have gone in different ways.

“I doubt I would have had those strong relationships if I was doing my summer internship or my first bit of my career over Teams and Zoom.

“And that’s why I think for young people in particular being able to physically be in an office is valuable.”

Sunak has been the most vocal government supporter of getting people back to the office and increasing footfall in city centres post-freedom day.

Number 10, meanwhile, has said on numerous occasions that it would leave employers and employees to decide whether or not to continue working remotely.

Recent figures from the Centre for Cities think tank show that footfall in central London in recent weeks is still only around 34 per cent of pre-pandemic levels.

Many financial institutions have said they will implement a hybrid working model, allowing people to work from home at least a couple days a week from now on.

Permanently lower footfall in Canada and Canary Wharf will seriously dent the prospects of many retail and hospitality businesses in these areas.

Canada Corporation recently begun a concerted push to get people back into central London.

This goes alongside Sadiq Khan’s Welcome Back London campaign, which is encouraging people to get back on the Tube.

Read more

Half of Gen Z Workers Report AI Guilt Despite Rising Demand for AI Skills

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Related Topics

  • London business

Trending Articles

  • UK government probes OpenAI breach after ‘unprecedented’ hack

  • FTSE 100 Segro ‘minded to accept’ £14bn Prologis takeover

  • Anthropic payout piles pressure on UK ministers in AI copyright row

  • Who is Bruno Wang? The private philanthropist whose life was compared to a spy novel

  • Clifford Chance partners pocket £2.3m as private markets drive growth

More from City PM

  • Half of Gen Z Workers Report AI Guilt Despite Rising Demand for AI Skills

    Business Wire
  • Forget Burnham, what will Starmer do next?

    Opinion
    Keir Starmer announces resignation at press conference, standing behind podium with serious expression, addressing media
  • Staff would turn down promotion to keep flexibility at work

    Retail
    Keir Starmer is heading to China
  • 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
  • If Burnham wants firms to hire young people, he needs to get out of their way

    Opinion
    Labour's Rachel Reeves has been urged to offer a tax relief to curb the number of Neets in the UK.
  • The City should hire on character again

    Opinion
    Diverse group of office workers collaborating at desks with laptops and paperwork in a modern, well-lit workspace.
  • ‘Fantastic news’ as Burnham brings Britain’s AI minister into Cabinet

    Tech
    Kanishka Narayan, prominent figure in the news, engaging in a public event or discussion, showcasing leadership and influe...
  • Why Theatre Deli is a City charity unlike any other

    Toast the City
    Bethan Ellis at Theatre Deli, showcasing a theatrical performance scene with dynamic lighting and expressive stage presence
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