August 24, 2018
Major tech companies continue to acquire new London offices, despite Brexit concerns
The repercussions of a no-deal Brexit are being hotly debated but there are some indications that it’s yet to impact the Capital’s commercial property sector. A number of leading tech and creative companies have continued to acquire large volumes of office space across London. According to figures from CBRE, take-up of Central London office space stood at 1.2m sq ft in July 2018, above the 10-year monthly average of 1.0m sq ft. The increase in July was largely down to two Facebook deals at 11/21 Canal Reach, N1 and Building P2 Handyside Street, N1, where in total 600,600 sq ft of office space has been filled. The creative industries sector led July take-up at 679,400 sq ft, representing 61 percent of the space taken; with the business services sector acquiring 17 percent of space, with 133,200 sq ft going to flexible office providers. In the past 12-months, business services has been the principal sector, accounting for 31 percent of take-up ahead of the creative industries (25 percent) and banking and finance sector (16 percent).
The majority of UK employees check their work emails while on holiday despite the fact that their employers do not want or expect them to keep in touch, new YouGov research has revealed. It seems the majority (60 percent) of those who use email for work check their inboxes while on holiday. One in four (25 percent) check ‘very often’, one in five (19 percent) check ‘sometimes’, and one in six (16 percent) check ‘rarely’. Just four in ten (40 percent) say they never look at their emails. This is despite the fact that eight in ten workers (80 percent) would prefer to ‘completely switch off’ when they’re on holiday, rather than stay on top of what’s going on in the office. The exception is those who check their emails ‘very often’. Half of this group (47 percent) say they’d rather stay on top of what’s going on at work, with the other half (50 percent) happy to stay out of work issues while on vacation. The research suggests however that fewer than one in six think their managers care whether they stay in touch or not.
More SMEs than larger businesses offer flexible working as a way of reducing absences, research from industry body Group Risk Development (GRiD), suggests. The research showed that 35 percent of SMEs with up to 249 employees are actively using flexible working strategies to combat absence compared to just 23 percent of organisations with over 250 employees. Drilling down further into the detail, 38 percent of micro businesses with between 1 and 9 employees use flexible working as a means to reduce absence. Flexible working now means a lot more than allowing an employee to work from home when they are feeling under the weather, and following changes in the law in 2014, it is now an option for everyone with at least 26 weeks continuous employment to request it – not just those with children or carer responsibilities. It also includes part-time working, term-time working, job sharing, compressed hours and flexitime. A greater degree of flexibility can increase productivity and reduce burn out, particularly in stressful occupations.
Most organisations already offer some sort of flexible working and over half of employees now ask to work flexibly, a new survey from XpertHR research has claimed. One in 12 organisations (8.1 percent) reported that all employees worked flexibly, with employers attributing the rise to a more supportive workplace culture and the impact of recent legal changes. The survey found that more than half (55.9 percent) had seen an increase in flexible working requests over the past two years. Three out of four believed that this was due to changes in workplace culture in recent years, attributable in part to a change in the law in 2014 that extended the right to request flexible working to all employees with at least 26 weeks’ service. Flexible working goes across the board, and includes part-time working, variable start and finish times, home-working and other options.
As we recently 
