December 9, 2019

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

A 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 →

November 12, 2019

Oxford and Reading are best cities in which to live and work in the UK

by Neil Franklin • Cities, News, Wellbeing

Oxford has been recognised as the top performing city in the UK to live and work for the fourth year in a row in a nationwide study carried out by PwC. The city has emerged ahead of Reading thanks to work-life balance, income, transport and skills with Bradford being crowned as the most improved city. Published today (12 November 2019), the annual Demos-PwC Good Growth for Cities 2019 sets out to show there’s more to economic well-being than just measuring GDP. The index measures the performance of 42 of the UK’s largest cities, England’s Local Enterprise Partnerships (LEPs) and ten Combined Authorities, against a basket of ten factors which the public think are most important when it comes to economic well being. These include jobs, health, income and skills, as well as work-life balance, house-affordability, travel-to-work times, income equality, environment and business start-ups. More →

November 11, 2019

Smart cities must develop in surprising ways to meet new challenges

by Neil Franklin • Cities, News, Technology

The new generation of smart cities should embrace new technologies and fresh approaches to combat their growing list of challenges, claims a new report from ABI Research. In its new whitepaper, 5 Ways Smart Cities Are Getting Smarter (registration), ABI suggests that digital twins and urban modeling, resilient cities, circular cities, micro-mobility, and smart spaces as the five new urban strategy shifts that will make smart cities smarter in the new ways they need. More →

November 8, 2019

Infosys opens new digital innovation centre in Duesseldorf

by Freddie Steele • Cities, Company news, Technology

Infosys has announced the opening of its new Digital Innovation Centre in D?sseldorf, Germany.The Centre has been created to help Infosys work more closely with its clients in the region in supporting their digital transformation journey, while focusing on next-generation business suites such as SAP HANA, as well as cloud based services, Internet of Things, 5G, Artificial Intelligence and Machine Learning. More →

November 7, 2019

Real estate set to remain an attractive investment despite challenging environment

by Neil Franklin • Cities, News, Property

Europe’s property leaders continue to have faith in real estate as an attractive option for investments, despite a number of significant political and economic challenges, according to the latest Emerging Trends in Real Estate Europe 2020 report. With interest rates set to stay lower for longer and bond yields in many European countries in negative territory, real estate income retains its broad appeal to investors, especially in comparison to other asset classes. Equity and debt are expected to remain plentiful for most real estate sectors. The report, published annually by the Urban Land Institute (ULI) and PwC, is based on the opinions of over 900 real estate professionals across Europe, including investors, developers, lenders, and advisers. More →

November 5, 2019

The best smart cities focus on people rather than technology

by Arturo Bris • Cities, Features, Technology, Wellbeing

Cities are fast becoming “smart”, and the impact on people’s lives can be immense. Singapore’s smart traffic cameras restrict traffic depending on volume, and ease the commute of thousands of passengers every day. In Kaunas, Lithuania, the cost of parking is automatically deducted from the bank accounts of drivers when they park their cars. In many cities, the timing of public buses is announced at each stop with almost perfect accuracy. And free WiFi is now accessible across entire cities, including Buenos Aires, Argentina (pictured) and Ramallah, Palestine. More →

November 4, 2019

Green office building continues to increase in US cities

by Neil Franklin • Cities, Environment, Property

Chicago’s office market was named the greenest in the U.S. for the third year in a row as the level of green office building trend continues to increase in the nation’s largest cities, according to the sixth annual Green Building Adoption Index by CBRE, Maastricht University and the University of Guelph. The researchers claim that green-certified office space across America’s 30 largest office markets has reached 42.2 percent up from 41.9 percent the year before, marking a new high. More →

October 14, 2019

Self employment boom continues to shape UK cities

by Neil Franklin • Cities, News

New research from the Centre for Cities claims that we are still seeing the long-lasting consequences of the post-financial crisis self-employment boom in the UK’s cities. But too many people working for themselves lack access to training – raising concerns about their long-term security and many cities’ future economic strength. More →

October 11, 2019

Birmingham and Peterborough latest cities to benefit from government hubs

by Neil Franklin • Cities, News, Property, Public Sector

Sites in Birmingham and Peterborough are to be regenerated as part of a government programme designed to boost regional growth and save taxpayers’ money. The Government Hubs programme has so far seen the development of 14 office hubs around the country, which the government claims provide civil servants with state-of-the-art working environments designed to boost efficiency and drive savings by bringing together different departments under one roof – moving civil servants to inner-city sites located close to public transport connections, local amenities and shops. More →

September 27, 2019

Triangulum smart cities project reaches completion

by Neil Franklin • Cities, Environment, News, Technology

The €30 million award-winning Triangulum project is drawing to a close as the participating cities in the pioneering project begin to share the first results from the five-year long future smart cities programme. Triangulum is one of 14 European Smart Cities and Communities Lighthouse Projects funded by the European Union’s Research and Innovation Framework Programme Horizon 2020. More →

September 16, 2019

High streets should switch focus to office space and high-skilled jobs

by Neil Franklin • Cities, News, Property

Many British High Streets face a bleak future as policymakers are failing to identify a clear economic focus to city centre regeneration strategies. According to the Centre for Cities’ latest research, in partnership with Nationwide Building Society, success is defined by those policies that create skills, jobs and quality office space for businesses rather than currently accepted interventions such as cultural initiatives, business rate reforms and online sales taxes. More →

August 23, 2019

London is the most productive region in the UK

by Mark Eltringham • Cities, News

London is the most productive region in the UK, followed by the South East and Scotland according to new research from the the University of Durham Business School. Economists Professor Richard Harris and Professor John Moffat conducted the research and also found that the least productive region was Wales, with London having productivity levels over double the amount of Wales. London receives between twice and three times as much per capita funding for transport than any other region. More →