Boost for office group as people shun daily commute

OFFICE and hybrid workspace group IWG has said workers shaking off long daily commutes were driving a “dramatic” jump in demand within small towns as it opened hundreds of new sites.

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The London-listed company, which operates in about 120 countries, reported system-wide revenues of 2.2 billion US dollars (£1.6 billion) for the first six months of 2025.

This refers to revenues generated from its managed, franchised and partner locations, excluding fee income.

It was about 2% more than the same period a year ago and its highest ever amount for the half year, the firm told investors.

IWG operates under a swathe of workspace brands including Regus, Spaces and Signature.