July 11, 2019

HMRC extends deal for new London hub

Her Majesty’s Revenue and Customs (HMRC) today completed the topping out at the 12-storey office where HMRC will establish a new Regional Centre. HMRC has also leased a further 58,000 sq. ft. to become the sole tenant of the 300,000 sq. ft. development next to Westfield Stratford City. The topping-out ceremony was attended by senior executives from Unibail-Rodamco-Westfield, HMRC and Legal & General, which has funded the development. the offices are located above the shopping centre at Westfield Stratford City. Works continue with completion of the facade and internal works, in preparation for handover of office floors for final fit out by HMRC. More →

July 11, 2019

Tick box attitude to women on boards must stop

by Neil Franklin • Home, News

Although the percentage of women on boards at FTSE 100 firms is on track to reach 33 percent by 2020, a new report claims there are worrying signs that companies are appointing women for symbolic value. The Female FTSE Board Report, produced annually by Cranfield University’s School of Management, claims that women serve shorter tenures than men (on average, female non-executive directors serve 3.8 years – with men serving 5 years) and are less likely to get promoted into senior roles. More →

July 11, 2019

Take up of shared parental leave constrained by traditional attitudes

by Neil Franklin • Flexible working, Legal news, News

Despite the introduction of shared parental leave rights, more than half of UK adults still think that women be the primary carers of babies and children, according to the latest British Social Attitudes Survey. Despite this, there has been a notable shift in attitudes over the last seven years, according to the researchers from the National Centre for Social Research. More →

July 10, 2019

Large firms not investing enough in productivity

by Neil Franklin • News, Workplace

A new report claims that 86 percent of Britain’s largest businesses are worried about raising their productivity with two-fifths (39 percent) calling their productivity ‘very concerning’, but that they are investing just 0.25 percent of turnover in measures to improve it, less than they invest in telecoms. The report by the Centre for Economics and Business Research (CEBR) and Concentra Analytics also suggests there is a “spray and pray approach” to driving productivity caused by a lack of insight into the performance of people. More →

July 10, 2019

Vast majority of workers want more flexible hours

by Neil Franklin • Flexible working, News, Wellbeing

The overwhelming majority (84 percent of workers) would like their organisations to offer more flexible hours of work, whether that’s time to suit personal needs, or the occasional early finish, according to a new report from Totaljobs. While employees have the legal right to request flexible working from their employer regardless of their existing contract, some companies have already built greater flexibility into their employer offering. Some go one step further with “agile working”, whereby employees can work from any location, at any time, by utilising appropriate technology. More →

July 9, 2019

Fifth of people do not last a year in self-employment

by Neil Franklin • News

One-fifth of sole traders in self-employment don’t survive one year, and the majority don’t survive five, according to a new study from the Institute for Fiscal Studies (IFS). The analysis of HMRC tax records by researchers at the IFS was funded by the Office for National Statistics through the Economic Statistics Centre of Excellence (ESCoE) and the Economic and Social Research Council. More →

July 9, 2019

UK productivity continues to fall

by Neil Franklin • News

Labour productivity, as measured by output per hour, was down 0.2 percent in Q1 2019, when compared to the same quarter in 2018, according to Office of National Statistic (ONS) figures. These findings make Q1 the third consecutive quarter of contraction for UK productivity.According to the ONS, this sustained period of declining labour productivity represents a continuation of the UK’s ‘productivity puzzle’, with productivity since the economic downturn in 2008 growing more slowly than during the long period prior.

Despite occasional periods of growth, this sustained general pattern contrasts with patterns following previous UK economic downturns, when productivity initially fell, but subsequently recovered and returned to the previous trend rate of growth. However, movements in productivity were found to vary between industries, with the services industry recording labour productivity growth of 0.2 percent, while manufacturing productivity growth reduced by 0.9 percent, compared with the same quarter in the previous year.

July 8, 2019

Meetings ruined by late arrivals and setting up tech

by Neil Franklin • News, Technology, Workplace design

A report from Moo claims that people are wasting time by waiting for all attendees to arrive at or dial-in to meetings. Engaging in small talk with colleagues and tackling technology followed closely behind. The findings include the claims that nearly half of British workers spend up to ten minutes trying to find a meeting room on average, and around the same number spend up to 15 minutes waiting for other attendees to arrive or dial-in.

July 8, 2019

Flexible office demand in Paris almost double the global average

by Neil Franklin • Coworking, News, Property

Demand for flexible office space in Paris is almost double the global average, according to a report by Instant Offices. With demand for office space on the rise in Paris, serviced offices have seen a 26 percent increase while hybrid space has seen a 23 percent increase. While the city ranks fourth globally by the size of supply, Paris is considered to be one of the largest flexible office markets in Europe and ranks among the top 10 best start-up cities in the world. Alongside New York, San Francisco and London, Paris also remains one of the most expensive places to rent a desk. Despite this, demand in the city is on the rise as more large businesses choose flexible offices over conventional leases. More →

July 8, 2019

People feel most creative at mid-morning

by Neil Franklin • News, Workplace

People feel they’re most creative at 11:05am, according to new research by MPA Group. The survey of 1,000 UK office workers looked into the time of day employees feel most creative, and which working environments best help to stimulate our creativity. Interestingly, the morning was the most creative time across all industries, with the overwhelming majority claiming their best ideas come between 10am and 11.30am. More specifically, across the whole country, the average time for optimum creativity was 11:05am. More →

July 5, 2019

Four day week makes business sense, claims Henley report

by Neil Franklin • News, Wellbeing

A four day working week could save UK businesses an estimated £104 billion annually, while improving productivity and their environmental performance according to new research from Henley Business School. The research claims that a shorter working week on the same pay could add to businesses’ bottom lines through increased staff productivity and an uplift in staff physical and mental health, whilst also resulting in a cleaner environmental footprint. Henley’s ‘Four Better or Four Worse?’ white paper exploring the issue claims that of those businesses who have already adopted a four day week, nearly two-thirds (64 percent) have reported improvements in staff productivity. More →

July 4, 2019

Smart cities spend to top $189 billion in next five years

by Neil Franklin • Cities, News, Technology

Global spending on smart cities will reach $189.5 billion in 2023, according to the latest IDC Worldwide Semiannual Smart Cities Spending Guide. The report claims that the main priorities for investment will be resilient energy and infrastructure projects, followed by data-driven public safety and intelligent transport. It suggests that these priority areas will account for more than half of all smart city spending throughout the 2019-2023 forecast period. The guide claims to quantify the expected technology opportunity around initiatives at a regional and global level. More →