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| Return to the office would help young workers, says Rishi Sunak | |
| (about 1 hour later) | |
| Rishi Sunak says he doubts he would have been able to build his strong contacts virtually | Rishi Sunak says he doubts he would have been able to build his strong contacts virtually |
| Young people will see their careers benefit by working in the office, the Chancellor, Rishi Sunak, has said. | Young people will see their careers benefit by working in the office, the Chancellor, Rishi Sunak, has said. |
| He told LinkedIn News he doubted he would have done as well if he had started his working life virtually. | He told LinkedIn News he doubted he would have done as well if he had started his working life virtually. |
| Mr Sunak worked in finance, including at banking giant Goldman Sachs. | Mr Sunak worked in finance, including at banking giant Goldman Sachs. |
| He said he still talked to his early mentors, saying: "I doubt I would have had those strong relationships if I was doing my summer internship or my first bit of my career over Teams and Zoom." | He said he still talked to his early mentors, saying: "I doubt I would have had those strong relationships if I was doing my summer internship or my first bit of my career over Teams and Zoom." |
| "That's why I think for young people in particular, being able to physically be in an office is valuable," he added. | "That's why I think for young people in particular, being able to physically be in an office is valuable," he added. |
| The government has recommended a gradual return to work in England since restrictions were lifted on 19 July. However, the Scottish government wants people to keep working at home until at least 9 August, where possible. | |
| Should I be working at home or going to the office? | |
| Goldman raises pay after 95-hour week complaint | |
| Bankers have been among the keenest businesses to encourage staff back into the office after many professionals were forced to work from home by the Covid pandemic. | Bankers have been among the keenest businesses to encourage staff back into the office after many professionals were forced to work from home by the Covid pandemic. |
| Mr Sunak said: "I've spoken previously about young people in particular benefiting from being in offices: it was really beneficial to me when I was starting out in my career. | |
| "The mentors that I found when I first started my job, I still talk to and they've been helpful to me all through my career even after we've gone in different ways." | |
| Another former Goldman Sachs banker, Xavier Rolet, who has been in the news this week for telling the younger generation of bankers to stop complaining about long working hours, said technology had a bigger role to play in working relationships than pre-pandemic. | |
| "We're never going to go back to exactly the way we were before," he told the BBC. | |
| "But the chancellor also has a point, which is that human interaction, besides the new technological tools, is also important. | |
| "So I think we're going to end up with a blended approach. Yes, by any means get back into the office, but do not underestimate the power of technology." |