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Wall Street giant to bar unvaccinated staff


Eldorado

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Wall Street giant Morgan Stanley's staff and clients will be barred from entering its New York offices if they are not fully vaccinated against Covid.

Unvaccinated employees will need to work remotely, according to a person familiar with the matter.

The policy comes into effect next month, in a move aimed to allow the lifting of other Covid-related rules.

Last week, the investment bank's chief executive called on workers to return to the office.

Full BBC report

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22 minutes ago, Eldorado said:

Wall Street giant Morgan Stanley's staff and clients will be barred from entering its New York offices if they are not fully vaccinated against Covid.

Unvaccinated employees will need to work remotely, according to a person familiar with the matter.

The policy comes into effect next month, in a move aimed to allow the lifting of other Covid-related rules.

Last week, the investment bank's chief executive called on workers to return to the office.

Full BBC report

They say only 20% of the people that have been working from home want to go back so it will likely work out. What I wonder about is how much that will affect other aspects like vacant office buildings and closing retail dining in core areas. I think there will still be a lot of transitioning going on for a while.

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Working From Home article.......

A shift to working from home could see the UK Treasury lose up to £32 billion a year in taxes if high earners move abroad, a new study has suggested.

Higher and international rate taxpayers, such as chief executives and marketing directors, account for around one sixth of all income tax paid in the UK.

These workers, who meet 17.3 per cent of the nation's income tax bill, are more likely to be able to work from home as their jobs can be done away from an office.

Anyone in such a role who chose to move abroad during or after the pandemic would pay income tax in their new country of residence rather than to the Treasury.

UK Telegraph report via MSN

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