Is Labour gaslighting us or following Amazon on productivity?
After Amazon announced that it would be time for its employees to return to working from the office full time, the new government is weighing in on the debate of productivity.
Productivity is a problem for the UK, since COVID-19 we have more doctors and nurses, but longer waiting lists, similarly, we have more civil servants but longer immigration processing times and passport application delays.
But alongside productivity there is a very important commercial element to it, office space in premier locations will lose its value, especially in cities and if that happens and companies downsize to by 50% then business rates will also fall.
We have not seen the impact of downsizing office space, because a lot of businesses have long-term leases, but in the next 5 years if the the status quo is the same, expect to see some radical changes.
But the Labour government has different ideas about regulation. They are trying to gaslight us into believing legislation is better for everyone, when in reality that is just not.