Goldman Sachs is set to ramp up employee numbers in its UK headquarters from 21 June, when the government lifts more Covid-19 restrictions as vaccinations continue to increase, asking its City employees to prepare for a return to the office.

Around 20% of the US banking giant's City-based employees have been coming into the office since 29 March, when the England-wide Covid-19 lockdown started to loosen. But Goldman said that staff should "make plans to be in a position to return to the office" by 21 June, according to a 4 May memo from bank executives seen by Financial News.