About Neil Franklin

Neil Franklin is Insight's news editor

Posts by Neil Franklin:

April 30, 2018

Commercial property lending surged in the second half of 2017

Commercial property lending in the UK surged at the end of last year, according to the latest figures from Cass Business School. New commercial property lending overall reached £44.5bn for the whole year, equalling figures for the previous year. Commercial lending had dropped by 24 per cent in the first half of the year, however, the second half of 2017 was much busier, adding another £26.8bn in new lending. The total value of loan books identified by the CASS research increased by four per cent to £199bn by the end of the year, including both drawn and undrawn amounts. The research from Cass showed that non-bank lenders were actually the most active group, increasing their market share of new loans to 14 per cent from 10 per cent a year earlier. In total, they wrote £6bn of new loans of which 60 per cent was sourced from insurance and pension funds

April 27, 2018

Faced with era of AI, employers focus on skills and employees crave jobs with purpose

by Neil Franklin • News, Technology, Workplace

According to Mercer’s 2018 Global Talent Trends Study – Unlocking Growth in the Human Age, 96 percent of UK companies have innovation on their core agenda this year and 92 percent are planning organisation design changes. At the same time, employees are seeking control of their personal and professional lives, with more than half asking for more flexible work options. As the ability to change becomes a key differentiator for success in a competitive global climate, the challenge for organisations is to bring their people along on the journey, especially as the top ask from employees is for leaders who set clear direction, claims the report.

April 24, 2018

UK companies lag in offering flexible and remote working, claims report

by Neil Franklin • Flexible working, News, Technology

The UK lags behind in the shift to flexible and remote working, putting more emphasis on effective meetings to coordinate scattered teams, according to a new report, The Modern Workplace 2018: People, Places & Technology (registration required) from workplace software company Condeco. Across the world, the study of 500 organisations in six countries claims, workers are in the midst of a shift to flexible and remote working – spending more time working from home, on the move or from multiple locations. However, the UK is significantly behind in embracing these trends, which could negatively affect worker satisfaction as well as holding back firms who are competing for the best international staff.

April 23, 2018

Poor mobile connectivity in the workplace is undermining UK productivity

by Neil Franklin • News, Technology

Mobile connectivity in workplaces all around the UK is inadequate and is holding back the country’s productivity, claims a new report from telecomms provider CommScope. In the poll of 2,000 British office workers almost half (44 per cent) said they need to step outside to make a phone call, or access 4G services on their mobile devices. The same report claims that 77 per cent of respondents see mobile coverage as ‘important’ for being able to complete tasks, and being productive, in general. There are also differences in connectivity, depending where you are located. London, Yorkshire and West Midlands have a relatively stable 4G connectivity, compared to the likes of North East or Wales.

April 20, 2018

Remote working may be doing some people more harm than good

by Neil Franklin • Flexible working, News, Wellbeing

Remote working isn’t necessarily as ideal as we have grown to believe, according to a new survey which claims it may be doing more harm than good in some cases. The new research report from Citrix claims that remote working may actually hurt productivity and often makes employees feel disconnected, lonely, and not having access to all the right and necessary technology to get the work done on time, and in proper fashion. Out of 1,000 workers and 500 managerial-level employees in the UK who were polled for the report, 81 per cent said their companies do have more than one location where they can work. These locations differ in performance regarding technology, culture, resources and collaboration.

April 20, 2018

Small changes could save UK businesses millions on wasted energy

by Neil Franklin • Environment, Facilities management, News

The UK’s 5.7 million businesses are spending £29.1 billion on energy every year, and could be making significant reductions in its cost according to a study by printerland.co.uk. With Earth Day this Sunday, (April 22) the research claims that tiny tweaks to workplace routines could make a positive impact on the environment, whilst slashing companies’ electricity bills.

April 19, 2018

Number of skyscrapers under construction in London tops 500 for first time

by Neil Franklin • News, Property

The number of skyscrapers being built in London has exceeded 500 for the first time, raising fears of further damage to the capital’s skyline. There are 510 towers of more than 20 storeys under construction or in the planning process, more than ever before. That is a rise of 12 per cent on a year ago, according to the annual report by GL Hearn, the property consultancy, and think tank New London Architecture. A record 115 towers are already under construction, up from 91 in 2016, but the number of applications is down by 10 per cent, according to the study.

April 18, 2018

Getting meeting room management and room booking software right

by Neil Franklin • Company news, Facilities management, Technology, Workplace design

Meetings and booking of conference rooms and resources are an essential part of any business and unless you have a system to effectively manage and optimise these processes, organising a meeting can be overwhelming and time-consuming. According to a study made by thinkgrowth.org the average employee spends about five hours in meetings per week and four hours preparing for these meetings. The numbers are not decreasing. In fact, meeting frequency is increasing each year and it is clear that business meetings aren’t going away anytime soon.

April 12, 2018

Poor company culture is costing the UK economy £23.6 billion per year

by Neil Franklin • News, Workplace

A new report claims that a third of people (34 percent) who leave their job, do so because of perceived poor company culture. The report, authored by breatheHR claims the associated cost of bad company culture is around £23.6 billion per year. The survey of 2,500 people analysed in The Culture Economy, also suggests that well over half of SME leaders (60 percent) consider company culture as a ‘nice to have’ in their business.This mindset has a number of knock-on effects. According to the Chartered Management Institute, effective leadership could improve Britain’s productivity by 23 percent. However, with over half (53 percent) of employees surveyed who distrust their senior management, thinking their bosses ‘didn’t appear to know what they were doing’, there is some work to be done.

April 11, 2018

British workers are too tired to exercise, claims report

by Neil Franklin • News, Wellbeing

British workers claim they are ‘too tired’ to exercise during the working week, according to a new report. The survey by conference call company Powwownow found that a worrying third of workers (35 percent) do not exercise at all Monday to Friday. A startling half of women (51 percent) only exercise once during the working week. Tiredness before and after work is apparently the top reason (58 percent) why UK workers don’t exercise during the working week, closely followed by the cost of joining a gym or going to classes (38 percent), and long working hours (28 percent). Flexible working hours was cited as the top factor that would encourage UK workers to go to the gym or exercise more frequently during the working week. Over a third (42 percent) of UK workers said they would exercise or go to the gym more often if they worked flexible hours. Other changes which would improve exercise levels include having a gym provided at work (30 percent) or one subsidised by an employer (29 percent). A huge three quarters (75 percent) of UK office workers do not currently have access to a gym or leisure facility at their place of work.

April 6, 2018

The UK’s incredible shrinking office phenomenon

by Neil Franklin • Cities, News, Property

Apparently prompted by the recent boom of so-called ‘micro-homes’ in Britain, commercial property firms Savoystewart.co.uk has set out to investigate whether the ‘micro-trend’ has also taken root in the office sector as well. The firm analysed office floorspace available relative to the number of active businesses in England and Wales from 2012 to 2016, finding that the office floorspace is shrinking both on regional and local levels. Results of the research, which is based on the latest GOV data on business floorspace from the Valuation Office Agency and official stats on business demography from ONS, revealed that the change in office floorspace available per business has been downward in all regions. The results reflect trends in the BCO’s specification guide

April 2, 2018

Combination of factors means UK faces severe workforce crisis by 2025

by Neil Franklin • News, Workplace

New projections published in Mercer’s Workforce Monitor predict that a perfect storm of falling net migration driven by Brexit and an ageing population, will lead to a severe shortage in the UK labour market. If these challenges are not met with immediate action by UK employers, they will face significant costs trying to attract workers with the leadership and skills they need to execute their business strategies. Mercer anticipates the UK workforce will increase by just 820,000, or 2.4 percent, by 2025, a significant reduction in recent trends that have seen 9 percent workforce growth in the 10 years to 2015. For the first time in half a century, the overall population will be increasing at a faster rate than the workforce, creating long term structural challenges for the economy.