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Share Price:
Up 304.50p
Change Today:
12.60p
Market Cap:
3,067.42m

Four out of five staff in UK cities have not returned to workplace

By Caoimhe Toman

Date: Thursday 27 Aug 2020

LONDON (ShareCast) - (Sharecast News) - Only 17% of workers in British cities had returned to their workplaces by early August revealed the latest data from the Centre for Cities.

The rest have remained working from home which could underscore the challenge for Prime Minister Boris Johnson to steer the country away from its coronavirus shutdown.

The Centre for Cities said the data, based on mobile phone signals, showed no increase in workers going to city centres between late June and the week starting 3 August.

Johnson had encouraged workers to go back to their workplaces to help the economy recover from its 20% contraction that occurred during the lockdown.

"The costs of office closure are becoming clearer by the day," Carolyn Fairbairn, director-general of the Confederation of British Industry, an employers group, said.

"Some of our busiest city centres resemble ghost towns, missing the usual bustle of passing trade. This comes at a high price for local businesses, jobs and communities," she wrote for the Daily Mail newspaper.

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IWG Market Data

Currency UK Pounds
Price 304.50p
Change Today 12.60p
52 Week High 383.60p
52 Week Low 222.60p
Volume 1,292,462
Shares Issued 1,007.36m
Market Cap 3,067.42m

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What The Brokers Say

Strong Buy 5
Buy 1
Neutral 4
Sell 0
Strong Sell 0
Total 10
buy
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IWG Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-19 25-Apr-19
Paid 04-Oct-19 24-May-19
Amount 2.15p 4.35p

Trades for 22-Jun-2021

Time Volume / Share Price
15:09 394 @ 304.50p
15:09 330 @ 304.50p
15:09 299 @ 304.50p
15:09 107 @ 304.50p
15:09 425 @ 304.50p

IWG Key Personnel

Chair Douglas Sutherland
CEO Mark Dixon
CFO Glyn Hughes