BT Plc has announced its
first new key office locations as part of a plan to reduce its office portfolio
from 300 to just 30 UK
Belfast, Birmingham, Bristol, Cardiff, Edinburgh, Ipswich (Adastral
and Manchester are
to be the first eight new key locations for the group. The company has already
announced that it is to close its St Paul’s, London, HQ and is currently
looking for a new base in the capital.
BT says the move is part
of its ‘The Better Workplace Programme’ to improve and consolidate its
workplaces across the UK
into modern, future-fit buildings.
“The Better Workplace
Programme is about bringing our people together in brilliant spaces, and
transforming the way we work,” BT Group chief executive Philip Jansen said.
“Revealing these eight locations is just the first step; we have dedicated
teams working on identifying the best buildings to move into and which ones to
redesign for the future. As a result of this programme, BT people will be
housed in inspiring offices that are better for our business and better for our
Whatever the company’s
reasons for the move, the size and scale of it could have significant
implications for the commercial market in many UK towns and cities. Most of the
new key locations already have ‘hot’ commercial markets, with very much the
reverse applying in many of the locations the company is set to vacate.