Singapore, London, New York, Paris and Tokyo leading the charge of smart cities

Singapore, London, New York, Paris and Tokyo leading the charge of smart cities

The market for smart cities technology and related infrastructure used in the world’s most advanced urban areas could expand to $1.6 trillion by 2020, but major cities around the world are showing signs of fragility claims a report from Bank of America Merrill Lynch. The study, 21st Century Cities: Global Smart Cities Primer Picks, claims […]

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RSA report sets out nationwide strategy for inclusive growth

RSA report sets out nationwide strategy for inclusive growth

The Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) has published the final report from its Inclusive Growth Commission. The report sets out a series of recommendations which it claims will address the lack of an inclusive approach to the economy. In the context of Brexit, this is one of the underlying […]

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Western European cities ranked high by multinationals on quality of infrastructure

Western European cities ranked high by multinationals on quality of infrastructure

City infrastructure plays a key role when multinationals decide where to establish locations abroad and send expatriate workers, claims a new report. Mercer’s 19th annual Quality of Living survey now includes a supplementary question on city infrastructure, as easy access to transportation, reliable electricity, and drinkable water are all important considerations when determining hardship allowances based […]

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London businesses bounce back from initial concerns over the Brexit vote

London businesses bounce back from initial concerns over the Brexit vote

London firms’ optimism has rebounded since a poll taken just after the EU Referendum, according to the latest CBI/CBRE London Business Survey; as its the most recent data reveals that a fifth of companies (19 percent) feel more positive about the economy over the next six months, compared to 4 percent in the last Survey. […]

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Global migration plays an important role in London’s ongoing success, says report

Global migration plays an important role in London’s ongoing success, says report

Demand for construction workers in London looks set to grow due to the completion of Crossrail and the extension of the Northern Line alongside other infrastructure projects. But a new analysis reveals the Capital is struggling to attract and train the workforce needed; with London and the South East having a shortfall of 60,000 people […]

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Brexit effect means London’s real estate is much better value than last year

Brexit effect means London’s real estate is much better value than last year

In the two years running up to the Brexit vote, London vied with New York and Hong Kong for the title of most expensive world city to accommodate employees and last year it was crowned the most expensive world class city for international businesses to rent office and living space for their employees. Now Brexit’s […]

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Cautious London job market post-Brexit, as EU nationals consider options

Cautious London job market post-Brexit, as EU nationals consider options

The more recent employment figures for London suggest that until the terms of Brexit are known and put in motion, the jobs market will remain cautious. This is according to the latest Morgan McKinley London Employment Monitor which found that despite an 81 percent increase in jobs available and an 83 percent increase in professionals […]

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Birmingham creates city development blueprint with global dimension

Birmingham creates city development blueprint with global dimension

Researchers at the University of Birmingham have developed a way of investigating or diagnosing the challenges facing their home city that could be used to help improve the lives of city dwellers around the world. And the blueprint they are working with could help city policy makers and other countries to take more effective actions […]

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Plans unveiled for £1 billion mixed use scheme in East London

Plans unveiled for £1 billion mixed use scheme in East London

Developers Knight Dragon have unveiled the details of a landmark £1 billion project as part of  the Greenwich Peninsula regeneration in East London. Designed by architect and engineering firm Santiago Calatrava, the Peninsula Place development marks the latest shift in London’s shift eastwards. The scheme will total 1.4 million sq ft including a new tube […]

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Higher levels of uncertainty blamed for drop in UK commercial construction activity

Higher levels of uncertainty blamed for drop in UK commercial construction activity

Commercial construction activity in the UK for the 12 months to the end of 2016 fell to £16.7 billion, down 14.1 percent on the previous quarter, according to JLL and Glenigan’s Q4 2016 UK Commercial Construction Activity Index. In London, activity declined in a quarterly comparison but increased 2.7 percent compared to the same period […]

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London salaries fall as UK becomes less capital-centric, and it could be due to Brexit

London salaries fall as UK becomes less capital-centric, and it could be due to Brexit

London continues to be the region with the highest number of advertised vacancies (248,605) and the highest average salaries (£38,449), but its previously unassailable supremacy may soon be challenged, a new survey suggests. According to the latest UK Job Market Report from Adzuna real-time jobs data average salaries in the capital have fallen more (-3.9 percent) […]

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UK commercial property continues to bounce back after Brexit, but there’s trouble ahead

UK commercial property continues to bounce back after Brexit, but there’s trouble ahead

Demand for commercial property in the UK continues to grow even as the country prepares to leave the European Union, according to the latest quarterly Royal Institution of Chartered Surveyors (RICS) market survey. The report for Q4 2016 suggests that a large proportion of the increase was linked to the attractiveness of UK commercial property […]

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