WeWork’s UK losses rocket ten-fold

WeWork London

Source: Shutterstock/ Chrispictures

WeWork has posted a staggering ten-fold increase in losses for its UK arm in its latest set of accounts filed at Companies House.

For the year to the end of 2018 the troubled flexible office group made a loss of £75.9m in the UK, compared to £7.6m in 2017, despite almost doubling revenues from £18.8m in 2017 to £37.8m last year.

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