UK finance workers weigh quitting over back-to-office mandates Business Financial services workers are weighing quitting their roles if their companies mandate office attendance amid a deepening feud between managers and employees. Nearly six in ten employees in the finance sector said requirements around their office presence is making them more likely to leave their role, according to new research from City recruiter Morgan McKinley. [...]
FCA staff threaten industrial action over three-days-a-week office policy Business Union representatives for the UK’s financial watchdog the FCA have threatened industrial action if staff are made to come into the office more than two days a week. In an open letter to the board of the FCA, Unite the Union said more than 90 per cent of its members would take action if the [...]
HSBC’s return-to-office plans risk boss’ cost-cutting ambitions Banking HSBC’s cost-cutting agenda is set to face a major disruption as the lender faces a shortfall of desks in its office move. The banking juggernaut has been reported to be mulling a return-to-office mandate that would force employees back into the office for at least three days a week. This comes as the bank is [...]
HSBC: FTSE 100 giant mulls return to office mandate June 18, 2025 Banking juggernaut HSBC is exploring a global mandate that would force employees back into the office for at least three days a week. The lender’s considerations come straight from the top, with chief executive Georges Elhedery meeting with executives across the business to discuss a group-wide return. Discussions are still said to be going, as [...]
Charles Tyrwhitt: Office return helps sales to new record April 23, 2025 Sales at Charles Tyrwhitt have surged to more than £300m for the first time as the trend of returning to the office has boosted the workwear retailer. The London-headquartered business, which was founded by Nick Wheeler in 1986, has posted a turnover of £305.7m for the 12 months to 3 August, 2024. The total comes after [...]
WFH: Just one in 10 Gen Z want to be in the office full-time February 14, 2025 Only one in ten Gen Z employees want to work in the office full-time and more than half admit they are less industrious than their parents. According to a Times-led study into the generation, more than one in five respondents (21 per cent) of Gen Z, who are between 18 and 27 years old, spend [...]
‘Once you legislate, people will rebel’: Why a vibes-based WFH policy is working for Vitality February 13, 2025 The debate-stirring issue of working from home (WFH) has never been far from the headlines so far in 2025. The likes of FTSE 100 giant WPP, Lord Alan Sugar and London Mayor Sir Sadiq Khan have all made waves with where they stand on the topic. Now Neville Koopowitz, the chief executive of health and [...]
Barclays the latest to harden line on office attendance rules January 30, 2025 Barclays has become the latest blue chip firm to tighten its office attendance policy, asking staff to attend the office a minimum of three days a week. The British-headquartered lender unveiled a more stringent approach to hybrid working in a memo to staff earlier this week, which cut the minimum number of days staff can [...]
Waterstones: Return to the office helps profit almost quadruple January 21, 2025 The return of employees to offices in major UK city centres helped profit almost quadruple at Waterstones during its latest financial year. The bookseller cited the trend of the return to work as a key factor in its pre-tax profit surging from £11.2m to £42.9m in the 12 months to 27 April, 2024. In newly-filed [...]