Affordable Workspace: A solution, not a problem (Briefing Note)

Providing affordable and interesting workspaces is crucial to ensuring that cities such as London are at the forefront of the tech and creative industries, and therefore a draw for national and international talent. With small and medium-sized enterprises (SMEs) leading much of London’s future innovation and enterprise, the availability of affordable workspaces is key. However, in order for this to be achieved, local authorities need to step up and act as catalysts for change. The past five years have seen a growing number of local authorities introduce affordable workspace policies in some form, these mostly being aimed at securing subsidised premises from major office schemes.

Providing affordable and interesting workspaces is crucial to ensuring that cities such as London are at the forefront of the tech and creative industries, and therefore a draw for national and international talent.

With small and medium-sized enterprises (SMEs) leading much of London’s future innovation and enterprise, the availability of affordable workspaces is key. However, in order for this to be achieved, local authorities need to step up and act as catalysts for change. The past five years have seen a growing number of local authorities introduce affordable workspace policies in some form, these mostly being aimed at securing subsidised premises from major office schemes.

File Type: pdf
Categories: Capital Development, Economic Growth, Planning
Tags: British Council for Offices (BCO), Savills
Affordable Workspaces - A Solution, Not A Problem
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