Business rates changes are forcing the flexible office industry’s hand

It’s no secret that recent changes to business rates could push many flexible workspace operators over the edge. Now more than ever, with grade-A office supply crucially low, flexible office providers are playing a central role in supporting London’s market through giving start-ups and growing businesses access to affordable, adaptable space. According to Savills’ first-quarter figures, flexible offices accounted for 27% of London’s office demand. A clear shift in how businesses want to work.