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Major companies in the City of London are planning a three-day week post-pandemic as the Square Mile considers how to lure office workers back to the capital.
The financial district is currently “empty” amid England’s third national lockdown, according to William Russell, the lord mayor of the City of London, who hopes the 500,000-strong workforce will stop working from home once lockdown is lifted to help revive the area.
“Most corporations I’m talking to are looking at three days a week,” Mr Russell told
The National shortly after delivering an online speech at Abu Dhabi Sustainability Week.
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Eurostar could go bust within months without a rescue package, British business leaders, including the head of Abu Dhabi-owned ExCeL Centre, warned the UK government.
Jeremy Rees, chief executive of ExCeL, was among 28 MPs and business heads expressing concern over the future of the high-speed, cross-channel service as the pandemic has reduced passenger numbers drastically.
In a letter sent to UK Finance Minister Rishi Sunak, the group said Eurostar “could run out of funds” in the coming months and has “fallen through the cracks” because unlike some airlines or domestic railways it is not eligible for government-backed loans.
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