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Turns out we really missed the office after all

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Remember the first few months of last year…. sitting in the lounge room in your tracksuit pants, office shirt above, on a four hour long zoom.

Thinking “this is the life, no rush to get to work, cutting the cost of transport costs, spending more time with the cat”.

Well the love of WFH didn’t last long.

White-collar workers in the UK returned to their offices in numbers not seen since the start of the pandemic.

The vaccination rollout continues and lockdown restrictions ease – so workers are fed up at home and back out and about.

Office occupancy levels across the UK topped 40 per cent Tuesday through Thursday last week.

That’s higher than any point since the 72 per cent recorded in March last year shortly before the government urged the public to move to working remotely.

The new numbers come as companies grapple to anticipate how many people will want to return to the office and how to accommodate those who do – especially when many companies moved out of their corporate offices in a bid to survive during the pandemic.

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Money

Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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Money

The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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