The higher a person rates their social class, the more likely they are to overestimate their talents and the more likely they are to be promoted to a level beyond their competence, a new study from researchers at Stanford and the University of Virginia claims. According to the study published by the American Psychological Association in the Journal of Personality and Social Psychology,  people who see themselves as being in a higher social class tend to have an exaggerated belief that they are more adept than their equally capable lower-class counterparts, and that overconfidence can often be misinterpreted by others as greater competence in important situations, such as job interviews.

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New office building in central London is at a three-year high, with 13.2 million square feet of space under construction, up 12 percent on the figure six months ago, according to the Deloitte Real Estate’s London Office Crane Survey. Some 55 percent of the office space under construction was already let and for larger schemes of over 100,000 square feet, more than three quarters was already committed to, Deloitte said. The survey covers seven major central London office markets – The City, West End, Docklands, King’s Cross, Midtown, Paddington, Southbank – as well as three emerging submarkets – Vauxhall-Nine Elms-Battersea, White City and Stratford. more…

City & Guilds Group is calling on Government to urgently rethink how skills and education policy in the UK is designed and delivered, in light of a new report launched by the Group today. Sense and Instability 2019 finds that important lessons from the implementation of skills policy over several decades have not been learned, meaning badly-needed training and education programmes are not fit for purpose or delivering the right results for people, businesses and the economy.
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Cities with tech innovation-oriented cultures have a strong competitive advantage amongst those investing in commercial real estate, claims a new report from JLL (registration). Of 109 cities analysed, the nine leading global markets – Boston, London, New York, Paris, San Francisco, Seattle, San Jose, Sydney and Tokyo, accounted for around 37 percent of total annual real estate investment volumes over the past decade. Like real estate investors, corporate occupiers also search for locations that have advanced innovation ecosystems, the report suggests. These cities sustain highly skilled workforces and are best placed to succeed in the future.

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A confidential survey of 850 members of Unite, the UK and Ireland’s largest union, claims that there is an epidemic of stress related illness and massive mental health issues among people employed by charities and non-governmental organisations. The survey found that 80 percent of respondents said that they had experienced workplace stress in the previous 12 months, while 42 percent of respondents said their job was not good for their mental health.

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