Major US-owned fund manager Vanguard, one of the world’s largest investment firms, has opened a new office in Manchester.

Openwork Partnership, one of the UK’s largest financial advice networks, is planning a staff return to a revised 5 day a week office working model from 6 September if the government further eases Covid-19 restrictions.

Staff at adviser platform Transact will start to return to the office from August as the platform pilots a hybrid working model.

Over 66% of CISI members believe it will take 12+ months or more for their business and the economy to recover from Covid-19 disruption.