London could generate £76bn boost to UK economy through ‘frontier industries’, says PwC

London could generate £76bn boost to UK economy through ‘frontier industries’, says PwC

by • News, Property, Technology

London could help generate an additional £76 billion a year for the UK economy by 2030 if productivity growth in finance, technology, and science and research industries is acceleratedLondon could help generate an additional £76 billion a year for the UK economy by 2030 if productivity growth in finance, technology, and science and research industries is accelerated, according to a new report from PwC. The consultancy’s Grow London report argues that the capital is well positioned to support growth in what it describes as “frontier industries” due to its concentration of skilled workers, access to investment, established technology clusters and stable business environment. (more…)

Issue 19 of Works magazine is out now and ready for you to explore

Issue 19 of Works magazine is out now and ready for you to explore

by • News, Premium Content, Workplace, Workplace design

The digital edition of the new issue of Works magazine has landed, bringing you another compelling mix of insight and ideas from across the workplace design and management sector. The print edition is on its way and, we think, better than ever. Whichever format you choose, issue 19 offers a comprehensive look at the trends, projects, ideas, products and people shaping the contemporary workplace and the way we think about it. from global perspectives and expert commentary to case studies, interviews and a closer look at the materials and products shaping modern workplaces. (more…)

Growing demand drive City of London prime office rents to narrow gap with West End

Growing demand drive City of London prime office rents to narrow gap with West End

by • News, Property

Prime office rents in the City of London have continued to rise, bringing them closer to levels traditionally associated with the capital's West EndPrime office rents in the City of London have continued to rise, bringing them closer to levels traditionally associated with the capital’s West End as demand for high quality workspace outpaces supply. New figures from Savills show that average prime rents in the City reached £130.80 per square foot during the first quarter of 2026. By comparison, prime rents in the West End stood at £165 per square foot. The West End of London is typically one of the most expensive markets in the world.  The figures are based on the top 10 percent of Grade A office rents recorded during the period. (more…)

People impressed by corporate bullshit tend to make worse decisions

People impressed by corporate bullshit tend to make worse decisions

by • Business, News

Employees who respond positively to management jargon and corporate buzzwords may be less effective at analytical thinking and workplace decision-makingEmployees who respond positively to management jargon and corporate buzzwords may be less effective at analytical thinking and workplace decision-making, according to new research from Cornell University. The study, published in the journal Personality and Individual Differences, examined how office workers reacted to what researchers describe as “corporate bullshit” – abstract, jargon-heavy language that sounds impressive but often lacks clear meaning. (more…)

European workers upbeat about jobs despite low engagement, says Gallup poll

European workers upbeat about jobs despite low engagement, says Gallup poll

by • News, Workplace

European workers are increasingly optimistic about their chances of finding a new job, despite remaining having some of the worst engagement levels of any employees in the worldEuropean workers are increasingly optimistic about their chances of finding a new job, despite having some of the worst engagement levels of any employees in the world, according to new Gallup research. The results of the poll suggest that over half (57 percent) of European employees thought it was a good time to find a job in their local market in 2025, maintaining record highs and representing the region’s strongest increase in job optimism since 2011. (more…)

Government report warns of ‘economic catastrophe’ as young people struggle with mental health

Government report warns of ‘economic catastrophe’ as young people struggle with mental health

by • News, Wellbeing, Workplace

Former health secretary Alan Milburn has warned that Britain risks a “generational, societal and economic catastrophe” unless employers and government adapt to rising levels of poor mental health among young peopleFormer health secretary Alan Milburn has warned that Britain risks a “generational, societal and economic catastrophe” unless employers and government adapt to rising levels of poor mental health among young people. An interim review led by Milburn into the growing number of 16 to 24-year-olds not in education, employment or training argues that businesses will need to provide greater flexibility, pastoral care and mental health support to what he describes as an “anxious generation”. (more…)

Companies are adopting AI more quickly than their staff can adapt

Companies are adopting AI more quickly than their staff can adapt

by • AI, News, Workplace

Adecco has warned that companies are accelerating the adoption of artificial intelligence faster than they are preparing their workforces for the changeAdecco has warned that companies are accelerating the adoption of artificial intelligence faster than they are preparing their workforces for the change, according to a new global study of senior business leaders. The report, The Human Premium: Leadership Beyond the Algorithm, is based on a survey of 2,000 executives across 13 countries whose organisations collectively employ more than 8.6 million people. It highlights what Adecco describes as a growing gap between AI ambition and organisational readiness. (more…)

Corporate real estate strategy will be defined by resilience now, report suggests

Corporate real estate strategy will be defined by resilience now, report suggests

by • News, Property

Resilience, not scale or speed, will define the next phase of corporate real estate strategy across EMEAResilience, not scale or speed, will define the next phase of corporate real estate strategy across EMEA, as occupiers face a convergence of pressures reshaping how and where they operate. A new report from Colliers, Building Resilience: 5 Megatrends Redefining Corporate Real Estate, identifies five long-term megatrends – AI-enabled workforces, demographic shifts, energy scarcity, climate risk and a shifting global order – that are fundamentally changing how organisations choose locations, design workplaces and manage risk. While the full impact will play out over time, many companies remain underprepared for the scale of disruption. (more…)

Businesses are currently more focussed on keeping down costs than growth

Businesses are currently more focussed on keeping down costs than growth

by • Business, News

UK employers are prioritising cost management over growth as rising business costs and global uncertainty continue to weigh on confidenceUK employers are prioritising cost management over growth as rising business costs and global uncertainty continue to weigh on confidence. This is according to the latest Labour Market Outlook from the CIPD. The survey of more than 2,000 UK employers found that cost management is now the top priority for organisations of all sizes and across all sectors, ahead of improving productivity and growing market share. (more…)

UK is trapped in reactive cycle of sickness and inactivity, warn wellbeing experts

UK is trapped in reactive cycle of sickness and inactivity, warn wellbeing experts

by • News, Wellbeing, Workplace

Business leaders, policymakers and workplace experts have warned that the UK’s fragmented approach to work, wellbeing and welfare is undermining economic resilienceBusiness leaders, policymakers and workplace experts have warned that the UK’s fragmented approach to work, wellbeing and welfare is undermining economic resilience, with comparisons to Denmark highlighting the pressure placed on the NHS and benefits system in Britain. The warning came during a Westminster roundtable  for the Policy Liaison Group on Workplace Wellbeing chaired by Dame Carol Black on 13 May. The discussion followed shortly after the King’s Speech opened the new parliamentary session with a renewed emphasis on “economic security”. Participants argued that Britain’s rising levels of long-term sickness and economic inactivity will require a more coordinated approach involving employers, government departments, healthcare systems and insurers. (more…)

London is the second most expensive office fit-out market in the world

London is the second most expensive office fit-out market in the world

by • News, Property, Workplace design

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 yearA 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…)

Firms are ignoring the needs of people in the adoption of AI, and it will cost them

Firms are ignoring the needs of people in the adoption of AI, and it will cost them

by • AI, News

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…)

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