Search Results for: investments

Watchdog raises concerns at councils` commercial property investments

Watchdog raises concerns at councils` commercial property investments

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commercial property risksSome local authorities in England have invested significant public money in buying commercial property over the past three years with the aim of generating a financial return. Debt has increased for many of these authorities as a result, with a small group seeing significant increases in the amount they owe and the cost of repayment, according to the National Audit Office (NAO). More →

Majority of businesses fail to see a return on their technology investments

Majority of businesses fail to see a return on their technology investments

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According to a new report from Accenture, the majority of businesses don’t see a return on their technology investments and just 14 percent of businesses manage to realise the full potential of their tech investments. Roughly $3.2 trillion was spent on new technology in the last five years. Businesses that were most successful with their investments were the ones investing in bold moves, rather than incremental shifts.

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Fresh concerns raised about council investments in commercial property market

Fresh concerns raised about council investments in commercial property market 0

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As we reported last month, the level of investment in commercial property undertaken by UK local authorities is raising serious concerns within both central government and the real estate sector. Now, a fresh warning has been issued by the former business secretary Sir Vince Cable that councils face potential bankruptcy if the property bubble bursts. In recent years councils have faced an average 37 percent real term cut in government funding and so have taken to borrowing large sums at low interest rates from the Treasury’s Public Works Loan Board to reinvest in commercial property ventures. The move has already been identified as risky by the Government’sown Public Accounts Committee and Cable joins a chorus of voices in expressing doubts.

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Pandemic will force companies to rethink how they work

Pandemic will force companies to rethink how they work

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Covid-19 pandemicThe Coronovirus outbreak and the worldwide reaction to the pandemic will force companies to radically rethink how they operate and embrace technological investment, claims global tech market advisory firm, ABI Research. In its new white paper, Taking Stock of COVID-19: The Short- and Long-Term Ramifications on Technology and End Markets (registration), ABI Research Analysts look at the current and future ramifications of COVID-19 across technologies and verticals.  Analysts also offer recommendations to weather the storm and strategies to help companies rebound and prosper after the pandemic has slowed.

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Technology jobs fall by half in six months

Technology jobs fall by half in six months

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technology jobsA new analysis of the UK’s job market claims there were 52 percent fewer available jobs listed for professionals with technology skills at the end of 2019, compared to six months earlier. Accenture’s UK Tech Talent Tracker analysed data from LinkedIn’s Professional Network. This shows 78,000 job vacancies advertised that require skills in emerging technologies, down from 162,000 last June. This decrease was driven by a 64 percent reduction in the number of advertised jobs for data analysts. More →

Smart cities investment to rise by a fifth in 2020

Smart cities investment to rise by a fifth in 2020

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smart citiesGlobal spending on smart cities initiatives will total about $124 billion this year, an increase of nearly a fifth on 2019, a new report suggests. The largest share of investments (one third) is currently in more advanced electricity and gas systems. Visual surveillance, advanced public transportation, intelligent traffic management and connected back office systems follow, representing more than half of spending. More →

Europe must do more to bring discoveries to market

Europe must do more to bring discoveries to market

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discoveriesAlthough Europe has much scientific research to be proud of, the region falls worryingly short when it comes to commercialising its discoveries, a study has concluded. A fifth of the world’s leading 100 research organisations – as determined by factors such as the number of articles published in academic journals – are based in Europe, experts from IESE Business School, the European Commission and Oxford University, among others, claim. Yet researchers often lack the resources required to find the right market for their discoveries. More →

Businesses can fail if employees are over-confident

Businesses can fail if employees are over-confident

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confidentSenior employees being too confident about the value of their ideas could be one reason businesses are failing, according to research by the University of Cologne. The study, conducted by Professor Fabian Sting and a team of interdisciplinary co-authors, highlights how choosing the wrong ideas to pursue can lead businesses to make unwise investments and miss out on opportunities, which could threaten their survival. A large part of the problem, it says, is that the person who comes up with the idea overestimates how successful their innovation will be and views their skill or performance as better than it actually is. More →

Renewable energy should make up half of all supply by 2030

Renewable energy should make up half of all supply by 2030

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renewable energyThe share of renewables in global power should more than double by 2030 as part of a ‘decade of action’ to advance global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to the International Renewable Energy Agency (IRENA). Renewable electricity should supply 57 per cent of global power by the end of the decade, up from 26 per cent today. More →

Are these the best places to work in the UK?

Are these the best places to work in the UK?

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Glassdoor has announced the winners of its 12th annual Employees’ Choice Awards – its sixth in the UK – honouring the Best Places to Work in 2020 across the UK and eight other countries. Unlike other workplace awards, the Glassdoor Employees’ Choice Awards are based on the input of employees who voluntarily provide anonymous feedback, by completing a company review about their job, work environment and employer over the past year. Common themes among the Top 50 UK Best Places to Work in 2020 include work-life balance, a great culture, smart people and respect for and from leadership and senior management. More →

Growing number of major firms commit to net zero carbon buildings

Growing number of major firms commit to net zero carbon buildings

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Today, seven major global private sector companies including Goldman Sachs and Lendlease have announced pledges to slash emissions from their buildings to net zero, by signing up to the World Green Building Council’s (WorldGBC) Net Zero Carbon Buildings Commitment (the Commitment). The organisations have pledged to take urgent action to ensure their own portfolios of buildings operate at net zero carbon by 2030 or sooner. More →

Two-thirds of major world cities set for weaker growth as global slowdown bites

Two-thirds of major world cities set for weaker growth as global slowdown bites

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Amsterdam is one of the citiesA new report from Oxford Economics (registration) predicts that the present slowdown in the global economy will persist into next year and it is already having a significant impact on growth in the world’s major cities and their prospects. Of the top 900 cities around the world, the report predicts that just under two-thirds, some 586, will experience slower growth in the period 2020-21 than they enjoyed during  the past five years – in some cases, very markedly slower, with growth rates of some key cities halved or more. More →

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