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Jim O’Neill moves in to Second Home

Ex-Treasury minister Lord Jim O’Neill has taken a 35% stake in office space start-up Second Home.

The change in the shareholdings was revealed in Companies House filings on Tuesday.

O’Neill, a former Goldman Sachs chief economist, said he planned to support the business with a “modest” cash injection.

“The growth of flexible offices will be one of the major consequences of the pandemic,” he said, “and I hope to help grow it in a sensible way.”

Second Home opened its first site in east London in 2014. It now has three other buildings in London, another in Lisbon and in Los Angeles.

The FT (£)

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