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The Guardian - UK
The Guardian - UK
Business
Joanna Partridge

Flexible workspace provider IWG reports record revenues

People work on laptops in a Spaces office workspace, an IWG brand, in London.
People work on laptops in a Spaces office workspace, an IWG brand, in London. Photograph: May James/Reuters

The flexible workspace provider IWG has reported record revenues and a doubling of profits for the first half of the year, as it predicted the pandemic “big bang” in hybrid working would become permanent.

The company said it had signed almost as many lease agreements between January and June as in the whole of last year, as it reported that the shift in the world of work sparked by Covid looks set to endure in the UK and globally.

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