TechHub, once the heart of London’s start-up scene, goes bust
Workspace was the busy centre of the UK’s ‘Silicon Roundabout’
At several points during the past decade, TechHub struggled to keep up with demand and ran a waiting list, Ms Varley said. But Covid-19 changed that in a matter of weeks: members no longer wanted to pay for desk space as staff worked from home during lockdowns. And TechHub’s biggest landlord was unwilling or unable to offer it any discount on rent, she said. “Our major landlord is not prepared to negotiate.” "
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Workspace was the busy centre of the UK’s ‘Silicon Roundabout’
At several points during the past decade, TechHub struggled to keep up with demand and ran a waiting list, Ms Varley said. But Covid-19 changed that in a matter of weeks: members no longer wanted to pay for desk space as staff worked from home during lockdowns. And TechHub’s biggest landlord was unwilling or unable to offer it any discount on rent, she said. “Our major landlord is not prepared to negotiate.” "
Subscribe to read | Financial Times
