EY wants less of More London

EY is in talks to potentially exit its London headquarters. The accountancy firm is understood to be examining its options after launching a property review of its 1 More London Place office, SE1. The 10-storey building has been the headquarters of EY’s UK and Ireland businesses since 2003 and hosts about 9,000 employees, including its global executive team. A review has been launched in preparation for EY’s 25-year lease on the building expiring in 2028. The partnership is considering ditching the space as staff increasingly work remotely. EY moved to a hybrid work policy in 2021 “with the expectation that most of its people will normally spend at least two days a week working remotely”. The Telegraph (£) Photo by Sonny Meddle/Shutterstock