The mayor of London emphasized the critical need to maintain a vibrant central city amidst rising flexible working practices post-pandemic. He urged businesses to encourage employees to return to the office while making workplaces more attractive. The decline in office commuting has adversely affected London's economy and transport revenues, with significant reductions in Tube ridership during peak times. Concerns were raised about young graduates missing opportunities for professional growth and networking due to decreased office attendance. Attempts to increase ridership through fare adjustments have shown limited effectiveness, reflecting broader global challenges.
Sir Sadiq Khan warned against making central London a hollow city, urging businesses to encourage office attendance while finding ways to make workplaces more appealing.
The shift to flexible working has severely impacted London's economy, decreasing TfL's fare revenue and leaving morning peak Tube journeys significantly below pre-pandemic levels.
Khan emphasized the importance for young graduates to connect with colleagues in-person, expressing concern about the long-term implications of reduced office space.
Despite attempts to boost Friday ridership through fare abolishment, a trial showed negligible impact on peak-time journeys, highlighting the ongoing challenges faced.
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