How a four-day week could boost the economy after coronavirus
4 years, 3 months ago

How a four-day week could boost the economy after coronavirus

The Independent  

The coronavirus pandemic has disrupted work patterns around the world and challenged long-held assumptions about how and where we should work. In the UK, a four-day week could save businesses an estimated £104 billion annually, according to a survey by the Henley Business School of 505 business leaders and more than 2,000 employees. “The hospitality, arts and tourism sectors could definitely benefit from a four-day week.” New Zealand Prime Minister Jacinda Ardern suggested in May that a four-day week could help boost domestic tourism. “It could be very positive for the UK as it to make up for all the lost international tourism.” It is important that a four-day week is implemented for the right reasons and not simply introduced to cut costs following the pandemic, Andrew Barnes, author of the book The 4 Day Week, says. 13m The number of work days lost last year due to stress, depression or anxiety Seventy-two per cent of people surveyed by the Henley Business School said they would consider a job more if they were offered a four-day week and 40 per cent said they would use the extra day to develop their professional skills.

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