Tower tops stacks of paper

A typical medium-sized financial services firm based in London spends around #30,000 per month on st...

A typical medium-sized financial services firm based in London spends around #30,000 per month on storing paper-based information, according to chartered surveyors Drivers Jonas.

The firm says the monthly cost of storing a single filing cabinet in London's West End is #987, or #11,800 a year. In the City, it's #838 per month, compared to #449 in Manchester, #447 in Birmingham and #420 in Edinburgh.

As most firms have dozens of filing cabinets at least, the annual cost of storing paper can run into

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: