Bank of England Close to Endorsing the Four-Day Week

By Gary Cutlack on at

It's a fairly massive open secret that most office workers could perform their allocated weekly work tasks in just four days, often three, sometimes two and in extreme cases may power through an entire week of work on the one Friday afternoon, so let's at least think about when to switch the nation to a four-day week, says a Bank of England economist.

Andy Haldane is such a mature business cheese that he has a Wikipedia entry saying he's the Executive Director of Monetary Analysis and Statistics at the Bank of England, and he's gone on record to suggest the UK could be four-day working by 2050. That's near enough that if you're young-ish you could still be working by then, so hooray, there's a small thing to look forward to.

Haldane doesn't say it's because we all spread work out to fit the time though. Better technology and more flexible working practises will hand us the legendary three-day weekend, and he explained: "It's not so long ago when the norm was a six day week. That was only a few generations ago. On average that's been falling pretty rapidly for at least 200 years. If the pattern of the last 200 years continues we would be looking at a four day working week by the middle of the century."

Haldane has previously been bullish on the prospects for AI to start pulling its weight in the working world, although how an algorithm is ever going to microwave a sausage roll and dish out some lentil & bacon soup we don't yet know. [Telegraph]