
Tower tops stacks of paper
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
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 [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on E-Trading
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Aviva’s Covid-19 BI claims exposure down to broker wordings
- Brightside sold to Markerstudy seven years after collapse of initial deal
- JM Glendinning buys Staffordshire broker
- Third deal in a week for Aston Lark
- Aston Lark buys Magenta Insurance
- Aviva's UK operating profit falls in 2020
- PIB buys Staffordshire broker in second deal of 2021