New London office building hits five year low

New London office building hits five year low

by • News, Property

London office buildingsAlthough occupier demand remains high, the construction of new offices breaking ground in London over the last six months is down by nearly a half (49 percent) – the lowest level of new starts for five years, according to the London Office Crane Survey by Deloitte Real Estate. In the last six months, only 24 new schemes (1.8 million sq ft) commenced construction compared to 37 schemes (3.5 million sq ft) in the previous survey of London office building. (more…)

Bad meetings lead to problems away from the meeting itself

Bad meetings lead to problems away from the meeting itself

by • News, Working culture

A new report from Dr Steven Rogelberg of the University of North Carolina at Charlotte and the author of The Surprising Science of Meetings, examines how meetings are conducted and the effect of both good and bad meetings on participants, and to expand on ideas from the academic’s previous research, including meeting leadership, inclusivity, and something called meeting recovery syndrome. (more…)

Gulf between the values of businesses and those of employees

Gulf between the values of businesses and those of employees

by • Business, News

organisational valuesA new study from The Institute of Leadership & Management claims there is a significant gulf between the organisational values held by UK businesses and the personal values of their workers, and highlights the different values considered important to men and women, younger and older workers and between sectors. (more…)

Migration of flexible offices to contribute £12 billion to local economies

Migration of flexible offices to contribute £12 billion to local economies

by • News, Property

flexible offices in BirminghamThe increasing migration of flexible offices to the outskirts of major UK cities is creating a ‘flex economy’ that could contribute more than £12 billion to local economies in the next decade. That’s according to the first comprehensive socio-economic study of second-city and suburban workspaces. The analysis, conducted by economists on behalf of Regus, claims that as Brexit uncertainty continues to impact the economic landscape, individual flexible workspaces in suburban areas could be a welcome lifeline for local economies.

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UK industries leading global charge for AI investment, study claims

UK industries leading global charge for AI investment, study claims

by • AI, News

AI eyeA new study claims that the UK is at the forefront of a global drive for Artificial Intelligence investment, with a near universal 99 percent of UK respondents planning to invest in AI, versus 80 percent in North America, and 83 percent in mainland Europe. The report from IFS (registration) sets out to explore the perception and adoption of AI  within core industries worldwide. It polled the views of 600 decision makers working with technology and suggests that AI  will predominantly be used to make existing workers more productive (60 percent) and add value to products and services (48 percent).

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One in five businesses plan to drop contractors because of IR35

One in five businesses plan to drop contractors because of IR35

by • Business, News

Companies are in danger of losing top talent due to lack of flexible working and IR35A fifth of of UK businesses say they are planning to axe contractors completely to ensure they are fully tax compliant ahead of the IR35 changes planned for next year, according to a survey from recruitment firm Harvey Nash. The 2019 Harvey Nash IR35 Sentiment Survey (registration) of 1,200 businesses and contractors claims to reveal the confusion that still reigns around IR35 legislation among both contractors and the businesses that rely on them. The findings suggest that 83 percent) of businesses believe IR35 will impact negatively on their industry. Meanwhile 60 percent of contractors say they have experienced increased anxiety, stressing or worrying about how the new rules will affect them. (more…)

Women may be struggling to climb career ladder because of their beliefs about competition

Women may be struggling to climb career ladder because of their beliefs about competition

by • Business, News, Workplace

Women might be less likely than men to go for opportunities in competitive workplaces because they don’t see as much of an upside to competition as men do, research by UCL School of Management and London Business School reveals. Women are on average less competitive than men. This gender difference has been explained largely by external factors such as the different evolutionary and social pressures men and women experience. Extending our current understanding of the gender difference in competitiveness, Dr. Sun Young Lee and Dr. Selin Kesebir reveal beliefs about competition as one source of the gender differences in competitive attitudes and behaviours. (more…)

Strongest year ever for the number of women on FTSE 100 boards

Strongest year ever for the number of women on FTSE 100 boards

by • Business, News

The latest Hampton-Alexander report shows that women now hold 32.4 percent of all FTSE 100 board positions, up from 30.2 percent last year and up from only 12.5 percent in 2011. The FTSE 100 is very close to meeting the 33 percent target for Women on Boards and will do so ahead of the 2020 deadline. The report also shows that women hold 29.6 percent of all FTSE 250 board positions, up from 24.9 percent last year and only 7.8 percent in 2011. The FTSE 250 has had its strongest year yet and if the same rate of progress continues next year, the FTSE 350 will be on track to meet the 33 percent target by the end of 2020 deadline. (more…)

Global warming is already having a widespread economic impact

Global warming is already having a widespread economic impact

by • Business, Environment, News

global warmingThe impact of global warming is rarely included in standard macroeconomic forecasts, even over 20-30 year time horizons. This partly reflects the perception that the economic effects of global warming are unlikely to become significant until the second half of this century and even then, will cost no more than a few percentage points of world GDP.

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Remote working has mixed effect on wellbeing, stress and productivity

Remote working has mixed effect on wellbeing, stress and productivity

by • Flexible working, News, Wellbeing

remote working and wellbeingNuffield Health has released a review of remote working and its impact it on companies and their staff. According to The effects of remote working on stress, wellbeing and productivity (registration), while remote and flexible work help people deal with the conflicting demands of their lives, the evidence is unclear on how they affect productivity, stress and wellbeing. (more…)

Flexible working does not reduce levels of overwork

Flexible working does not reduce levels of overwork

by • Flexible working, News, Wellbeing

UK employees are having to work harder to pay the bills, with the vast majority (91 percent) working beyond their contracted hours on a weekly basis and almost half (43 percent) not leaving the office or taking a break at lunchtime according to an analysis of Morgan McKinley’s Working Hours and Flexibility reports. And the growing practice of flexible working appears to be having no impact on the overworking culture.

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

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

by • Cities, News, Wellbeing

best citiesOxford 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…)

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