Flexible workspace to pump £12bn into UK over next decade

2 Kingdom Street, Paddington, London

The increasing migration of flexible office space to the outskirts of major UK cities is creating a ‘flex economy’ that could contribute more than £12bn to local economies in the next decade, according to a socio-economic study of second-city and suburban workspaces.

The analysis, conducted by independent economists at Development Economics on behalf of Regus, revealed that as Brexit uncertainty continues to impact the economic landscape, individual flexible workspaces in suburban areas could be a welcome lifeline for local economies.

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