After all the job cuts, downsizing, budget slashing and bonus crunching, the City’s survivors are digging in for a long cold winter. For many, this means craming their remaining staff into increasingly smaller and more economically-arranged offices. Firms that previously operated on six floors will now jostle side-by-side over four. The face of corporate business is changing. And it could be advantageous for some. For firms whose leases have come to an end, it’s a great time to move. Robert Leigh, founder of £1.8m-turnover property firm Devono, has the inside scoop: "Landlords are extremely keen to do deals at the moment," he says. "They are offering bargain basement prices and lengthy rent-free periods." If you’re slap-bang in the middle of your lease, however. Stay put. "It costs around £30 per square foot to relocate," says Leigh. "This isn’t the time for opportunistic moves." Furniture companies that are rolling out clever, more economical workstations will also see a boost. Steelcase, a US-based firm that manufactures office furniture, has just launched its Smart Space range. Mark Spragg, MD of Steelcase UK, says: “Smart Space addresses the challenges that many companies in the UK are facing in a difficult economic climate. We are helping dealers and customers focus on maximising and optimising their office space." Related articlesRegus launches campaign to help startups"London isn’t the be all and end all," says music entrepreneurBeat the crunch: slash energy bills Picture source
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