National Lethargy

  • This is the third edition of Bull and Bear this year. How time flies! In the first two issues, our friendly protagonists considered the likely impact of the stuttering economy and the sharp rise in yields on the outlook for property performance in 2023.

  • This week, Bear is in bed suffering from concussion and a broken ankle. Bull tries to be sympathetic, but he cannot stop himself going off on a personal rant about the volume of people still working from home (WFH).

  • His opinions may possibly reflect his age, but Bull argues that WFH is damaging the economy, destroying the benefits of team-working, impacting on personal welfare and putting massive pressure on shops and restaurants which depend on five-day trading.

  • Bull is also concerned about the lack of regulation on the space/environment that staff may have to deal with when working from home.

  • Bull concludes that after having to cope with the challenges of Brexit, the pandemic and more recently, the rising cost of living, the UK has fallen into a national state of lethargy. Somewhat impetuously, he proposes that we should ‘up and the coffee smell wake’ or something very similar!

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