Hybrid working ‘to lift villages’

TOWNS and villages could see a major financial boost thanks to the growth of hybrid working.

A study by IWG and Arup found rural and suburban economies could generate up to an extra £327 million a year, due to the forecasted expansion of flexible office and co-working.

It also estimated more than 4,000 jobs can be created to support office workers who look to cut down on commuting.

IWG said its research suggested almost half of office workers would quit their job if asked to go back to their office five days a week.

Mark Dixon, chief executive of IWG, which provides flexible work and office space, said: “Over the last 18 months we’ve seen businesses not only recognise the benefits hybrid working has on their productivity and their bottom line.

“But this report demonstrates its growing importance to local communities too.”