Cities must harness potential of new technology to keep themselves moving

Cities must harness potential of new technology to keep themselves moving

The UK Government needs to develop a new transport strategy based on local partnerships to keep up with technological advances in areas such as self-driving cars, claims a new report. Rethinking Urban Mobility has been published by engineering company Arup, in collaboration with the London Transport Museum, law firm Gowling WLG and transport company Thales. […]

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Record office take up in Edinburgh last year, boosted by burgeoning tech sector

Record office take up in Edinburgh last year, boosted by burgeoning tech sector

Demand for office space in Scotland’s three largest cities pushed overall take-up beyond 2m sq ft last year, aided by a solid final quarter of occupational deals in Aberdeen and Glasgow, and an all-time record year for Edinburgh. Scotland’s offices market in 2017 reach ed2.4 million sq ft, 14 percent above the 10 year average, […]

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Report reveals astonishing cost of congested road system during rush hour

Report reveals astonishing cost of congested road system during rush hour

UK drivers wasted an average of 31 hours in rush hour traffic last year, costing each motorist £1,168, a study by traffic data firm Inrix suggests. The UK is the world’s 10th most congested country and London is Europe’s second most gridlocked city after Moscow, according to the report which claims that overall traffic congestion […]

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Rent falls due to Brexit and concerns about oversupply of serviced offices in London

Rent falls due to Brexit and concerns about oversupply of serviced offices in London

There have been 18 months of faltering net effective rents within the commercial office market in the Capital since the Brexit referendum, with ten of the 18 Central London office submarkets monitored in Cluttons’ latest London Office Market Outlook report registering rent falls in the final quarter of 2017, buoyed by additional incentives such as […]

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The patchy outcomes of automation could compound Britain’s North/South divide

The patchy outcomes of automation could compound Britain’s North/South divide

The patchy effects of automation and artificial intelligence could compound the economic differences between the UK’s cities, according to a new report from the Centre for Cities. It concludes that while automation will boost jobs in British cities over the coming decades, it will also deepen economic and political divisions across the country, with Northern […]

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UK in 8th place for global talent competitiveness but gender equality lags behind

UK in 8th place for global talent competitiveness but gender equality lags behind

The UK has been ranked as the eighth best country in the world for the ability to attract, retain, train and educate skilled workers, but while its ability to leverage diversity for talent competitiveness is boosted by its global knowledge skills – the UK is undermined by its weaker performance on tolerance and gender equality. […]

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BSRIA launches urbanisation megatrends report

BSRIA launches urbanisation megatrends report

The Building Services Research and Information Association (BSRIA) has launched a new report called Megatrends – Urbanisation (registration needed) which claims to look at the major forces that are shaping the ‘world in which we live and do business’. The report cites as inspiration a 2015 McKinsey report called No Ordinary Disruption, which examined ‘The Four Global […]

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City of London on track for record levels of office investment

City of London on track for record levels of office investment

The City of London is defying the doomsday Brexit scenario and on track to reach record levels of office investment in 2017, as Savills anticipates total turnover will hit £12.5 billion – subject to a number of deals currently under offer exchanging or completing before 31st December. This sees total transactions in 2017 doubling the […]

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The power of cities continues to shift east as Asia set to outstrip Europe and North America by 2035

The power of cities continues to shift east as Asia set to outstrip Europe and North America by 2035

A new report from Oxford Economics suggests although New York, Tokyo, London and LA will stay as the world’s major urban superpowers in the near future, China’s cities’ GDP will double in the coming two decades while Shanghai (pictured) and Beijing have already outstripped Paris in terms of economic activity. The 780 global urban centres […]

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Smart cities could lead to cost savings of $5 trillion for firms and governments, report claims

Smart cities could lead to cost savings of $5 trillion for firms and governments, report claims

Smart city technologies could save businesses, governments and citizens globally over US$5 trillion annually by 2022 according to a new whitepaper from ABI Research (registration required). The new white paper analyses the scope for cost savings and efficiency as a driver for smart city deployments, smart technologies and the Internet of Things (IoT). According to the […]

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Facebook’s new Frank Gehry designed London office includes start-up space

Facebook’s new Frank Gehry designed London office includes start-up space

Facebook has unveiled its new offices in London’s Rathbone Place, with the announcement that it will include a dedicated incubator space for start-ups. In terms of Facebook staff, the office will be home to a diverse range of teams including engineers, developers, marketing and sales teams. The 247,000 sq office, designed by award-winning architect Frank […]

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London office construction declines to three year low

London office construction declines to three year low

The development of new offices in central London has declined, according to the latest London Office Crane Survey by Deloitte Real Estate. Construction activity now totals 12.6 million sq ft, a 9 percent drop since the previous survey (six months ago). The survey reports 25 new office schemes starting construction, adding 1.8 million sq ft […]

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