A new report from Turner & Townsend claims that a combination of a rise in demand for premium, Grade A office space and a shortfall in supply in many markets has led to double digit percentage increases in office fit-out costs over the past year in major global cities including Miami, Dublin and Bangalore London is now the second most expensive office fit-out market in the world, with Dublin 18th, Edinburgh and Glasgow 21st, Birmingham 22nd, and Manchester 25th. The year-on-year picture is mixed, as while Edinburgh and Glasgow saw costs rise by 12 percent, Manchester and Birmingham saw prices rise in line with inflation at 2 percent and 3 percent respectively, while in London costs fell by -1 percent, albeit they have increased significantly in recent years. More →

Companies that fail to adopt a people-focused approach to artificial intelligence risk losing their best AI employees within the next two years, according to new research from Gartner. The analyst firm predicts that by 2027, half of enterprises without a “people-centric strategy” will see top talent leave the organisation. The warning reflects growing concern that many organisations are pursuing AI deployment primarily through cost reduction and automation rather than workforce development. Gartner argues that firms focused solely on replacing jobs with the technology are unlikely to achieve the long-term returns they expect. More →

A new report from Hogan Assessments suggests that the qualities helping managers rise through organisations may be very different from those employees believe make effective leaders. The study, The Leadership Divide: Global Insights on Who Leads vs. Who Should [registration], found no overlap between the characteristics most commonly associated with senior executives and the qualities employees say they value in managers. Hogan analysed personality assessment data from more than 21,000 executives and surveyed 9,794 employees across 25 countries. The findings indicate that executives are often distinguished by confidence, competitiveness, visibility and self-promotion, while employees place greater importance on communication, integrity, accountability and decision-making. More →

A growing number of UK employees say they feel a stronger sense of belonging at work, although only a minority experience it consistently on a day-to-day basis, according to new research from Procter & Gamble UK. The survey of 2,000 UK adults found that 82 percent of workers now say they feel a sense of belonging in the workplace, which P&G claims is the highest level recorded in more than a decade. However, only 20 percent said they consistently experience the conditions that make them feel they truly belong at work. More →

Prime office costs in major global cities continued to rise in the first quarter of 2026, driven by strong demand for high quality workspace and limited availability, according to Savills. The real estate adviser says net effective occupier costs, including rents and fit-out costs, increased by 0.7 percent globally during the quarter. That brings the annual increase to 5 percent and the rise over the past two years to 9.1 percent. Savills tracks 47 cities worldwide and found that occupier costs increased in 23 of them during the first three months of the year. Costs rose by 1 percent across EMEA, 0.7 percent in North America and 0.4 percent in Asia Pacific. More →