{"id":4599,"date":"2016-09-22T10:43:35","date_gmt":"2016-09-22T10:43:35","guid":{"rendered":"http:\/\/wl.ruin.studio\/?p=4599"},"modified":"2025-02-28T07:45:19","modified_gmt":"2025-02-28T07:45:19","slug":"coworkinginlondon","status":"publish","type":"post","link":"https:\/\/work.life\/blog\/coworkinginlondon\/","title":{"rendered":"Co-working in London: 5 Takeaways from Co-work, work, work, work, work"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Quick Links<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/work.life\/blog\/coworkinginlondon\/#The_industry_is_only_going_to_grow\" >The industry is only going to grow\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/work.life\/blog\/coworkinginlondon\/#Spaces_are_going_local\" >Spaces are going local<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/work.life\/blog\/coworkinginlondon\/#Co-working_isnt_just_for_freelancers_and_start-ups\" >Co-working isn\u2019t just for freelancers and start-ups<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/work.life\/blog\/coworkinginlondon\/#The_diversity_in_co-working_options_is_great_for_the_consumer\" >The diversity in co-working options is great for the consumer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/work.life\/blog\/coworkinginlondon\/#Of_course_there_are_still_challenges\" >Of course, there are still challenges<\/a><\/li><\/ul><\/nav><\/div>\n<p>Even though co-working is still a relatively new phenomenon, in London alone there are already 800 co-working spaces &#8211; three times as many as New York. This accounts for 31,000 jobs, adding \u00a31.7 billion GVA London\u2019s economy, and it\u2019s growing at the rate of 10% a year.<\/p>\n<p>On Tuesday, I had the pleasure of being on a panel at Co-work, work, work, work, work, hosted by the\u00a0<a href=\"http:\/\/camdencollective.co.uk\/\">Camden Collective<\/a>. This event brought together a diverse group of operators and providers from across London to talk about their unique takes on co-working, and share insights on the current state of the industry in London and beyond.<\/p>\n<p>Here are my key takeaways from the day:<\/p>\n<h4><span class=\"ez-toc-section\" id=\"The_industry_is_only_going_to_grow\"><\/span><b>The industry is only going to grow\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The co-working industry is booming for a reason. We\u2019re seeing a fundamental attitudinal shift in the work that people are doing and the way that they\u2019re doing it. The future of work, especially post-Brexit, is all about flexibility, and freelancing is on the increase. People want the ability to work when they want and how they want, and co-working spaces are facilitating this by providing all the perks of an office with the flexibility, creativity, and community that this new way of working demands.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Spaces_are_going_local\"><\/span><b>Spaces are going local<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>We\u2019re going to see spaces moving further and further outside of Central and East London towards areas where people live, as well as more regional spaces opening up outside of the city.<\/p>\n<p>Until very recently, freelancers had been relegated to their kitchen table or coffee shop, and the prices of many of the spaces in Central London were prohibitive for small businesses.\u00a0Smaller spaces like Work.Life give\u00a0freelancers\u00a0and\u00a0small businesses\u00a0the opportunity to access co-working spaces that are close to home, won\u2019t break the bank, and avoid the sweaty and stressful commute.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Co-working_isnt_just_for_freelancers_and_start-ups\"><\/span><b>Co-working isn\u2019t just for freelancers and start-ups<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>One of the more interesting trends we\u2019re seeing in the industry is the number of big\u00a0businesses\u00a0choosing to set up in co-working spaces around the world. As corporates start to focus more on innovation and have an increasingly remote workforce, we\u2019ll start to see more and more setting up satellite offices in co-working spaces.<\/p>\n<p>At Work.Life we have the likes of Dr. Martens and MTV working right alongside start-ups and freelancers, and the benefits of a co-working space for businesses of all sizes are clear.<\/p>\n<p>Co-working provides an \u2018out of the box\u2019 service for businesses to offer to their staff for a fraction of the cost of setting up alone: beautiful spaces, amenities, and an often close-knit but diverse community. All of these perks help with staff retention and morale, which can make a huge difference to a generation that places huge value on work culture and finding happiness in what they do.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"The_diversity_in_co-working_options_is_great_for_the_consumer\"><\/span><b>The diversity in co-working options is great for the consumer<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>One of things I enjoyed the most at\u00a0Co-work, work, work, work, work, was listening the unique take each provider had on co-working. For the consumer, this level of choice is absolutely fantastic.<\/p>\n<p>With more and more people becoming digital nomads, freelancers, and entrepreneurs, it\u2019s important that they&#8217;re able to find a space that suits them and their business needs.<\/p>\n<p>I spoke about Work.Life&#8217;s focus on freelancing and our revolutionary\u00a0<a href=\"https:\/\/work.life\/coworking\/flex\/\">Flex membership<\/a>\u00a0option. While the majority of co-working spaces offer a day-rate, this can often prove to be prohibitively expensive for many freelancers, while also not offering people the benefits of full membership. Flex offers pay-as-you go access to our spaces (with all the perks) from just \u00a33.50 an hour, making co-working more accessible and affordable than ever before.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Of_course_there_are_still_challenges\"><\/span><b>Of course, there are still challenges<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>As rents are ever on the rise, affordable space in London is harder to come by. Additionally, business rates in the UK are increasing this year. These will both have a knock-on effect to co-working providers, which in turn will be passed on to clients.<\/p>\n<p>The industry will also be keeping an eye on what happens over the coming years when we start learning more and feeling the repercussions of Brexit. So far small businesses have been pretty resilient, and we haven\u2019t seen a slowdown or a change in the work that people are doing, but it&#8217;s something to pay attention to.<\/p>\n<hr \/>\n<p>Thank you to Camden Collective for having me on the panel, and everyone else who was there. It&#8217;s really great to see the level of creativity and diversity in the spaces that are on offer throughout London, and I&#8217;m looking forward to seeing how this industry develops over the coming years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even though co-working is still a relatively new phenomenon, in London alone there are already 800 co-working spaces &#8211; three&#8230;<\/p>\n","protected":false},"author":82,"featured_media":4600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","content-type":"","inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[1],"tags":[],"post_type_category":[],"authors":[143],"class_list":["post-4599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-work-wellness-and-culture","authors-elliot-gold"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Co-working in London: 5 Takeaways from Co-work, work, work, work, work - Work.Life<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/work.life\/blog\/coworkinginlondon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Co-working in London: 5 Takeaways from Co-work, work, work, work, work\" \/>\n<meta property=\"og:description\" content=\"Even though co-working is still a relatively new phenomenon, in London alone there are already 800 co-working spaces &#8211; 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