They're under pressure from the government to stop Pret A Manger from going under
Yeah apparently there are tax incentives for companies to use their downtown office space.
There's a lot of money in office space rental, which would plummet in value. And add to that the office lunch industrial complex collapsing. That's basically the end of everything lol
‘office lunch industrial complex’ 😝
Does that mean the cost of office rent or offices themselves would go down and present opportunities for newer businesses?
Pret's been too greedy but managed to get £700 million in debt while the execs cash in. CEO bonus is now £5 million & counting, plus year-on-year payrise. “Pret CEO handed near-£4m bonus in year staff pay was cut. Pano Christou also given 27% salary rise in 2021 as chain took more than £50m in government support” https://www.theguardian.com/business/2022/jul/14/pret-a-manger-ceo-handed-near-4m-bonus-in-year-staff-pay-was-cut-pano-christou -