(Reuters) - British office space provider IWG PLC (LON:IWG) said on Wednesday it expects further delay to business recovery in 2021 and set aside an additional 160 million pounds provisions related to the pandemic as the latest COVID-19 restrictions impact its markets.
The company said even though the challenging conditions were likely to persist well into the current year, it would invest more in hybrid working space, given the increased shift to that mode.