Substantial growth in 21st Century self employment in the UK

Substantial growth in 21st Century self employment in the UK 0

self employmentThe 21st Century has seen an explosion of self employment in the UK, and most people who have become self employed have done so for positive reasons, claims a new report from the UK Government’s Office for National Statistics. According to the Trends in Self Employment Report, there are now more than 4.7 million people classified as self employed, around 15 percent of the workforce. There has been a marked upturn since the 2008 recession, an increase of 730,000 over that period. The trend to self employment has been evident since the turn of the Millennium when around 3.2 million people were classified as self employed. Between 2001 and 2015, part time self employment grew by 88 percent, compared to 25 percent for full time work, partly because of the growing number of workers choosing part time self employment before retirement. The report describes the changes as structural, which suggests that the growth will continue.

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Google and LinkedIn reach agreement on enormous office swap

Google and LinkedIn reach agreement on enormous office swap 0

google-new-hq-plans-7In March, we reported on the stumbling blocks faced by Google in its plans to create a vast new home for itself in Silicon Valley, not least resistance from local authorities in California and the problems associated with neighbouring land owned by LinkedIn. Now, according to a report in the Silicon Valley Business Journal, it appears the noisy neighbours have come to a deal to swap large chunks of real estate. According to the report, Google will acquire all of LinkedIn’s existing land in the Mountain View area, which consists of LinkedIn’s existing 370,000-square-feet headquarters and eight acres of land LinkedIn had set aside for turning into new office space. LinkedIn will now relocate its headquarters to four office buildings in the area currently owned by Google to create a new 750,000 sq. ft. portfolio. The deal represents a win-win for both parties with LinkedIn doubling its existing space without the costly need to build new offices, while Google finally gets the chance to realise its dream of building the quirky campus designed by Heatherwick Studio and Bjarke Ingels.

Major European telecoms firms to drive roll out of 5G across continent

Major European telecoms firms to drive roll out of 5G across continent 0

5gA coalition of twenty major European telecommunications firms has come together to drive the rapid creation of a continent wide 5G network and warn national Governments and the EU of the dangers of over-regulation. The seven page document entitled the 5G Manifesto for timely deployment of 5G in Europe, is backed by firms such as Vodafone, Telenor, Orange, Nokia, BT, Ericsson, Telefonica, Deutsche Telekom, and Hutchison. Its core aim is to showcase the technology on a large scale by 2018 and launch a commercial network capability in at least one city in every EU nation by 2020. The document outlines the features and benefits of the technology but also sets out the potential risks posed by over-regulation, including the possible threat to net neutrality, the principle that Internet service providers should enable access to all content and applications regardless of the source, and without favouring or blocking particular products or websites

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Skyscrapers in London will be hardest hit by new business rates

Skyscrapers in London will be hardest hit by new business rates 0

Citi Tower at Canary WharfAs we reported yesterday there are plans afoot to surround the ‘Walkie Talkie’ winner of last year’s Carbuncle Cup with other tall building. However for organisations interested in occupying a London skyscraper it’s worth noting that according to Colliers, businesses in London’s twenty tallest skyscrapers can expect to pay an extra £50 million under forthcoming major changes to business rates. In a data analysis published recently, Colliers has assessed the likely effects of forthcoming business rates changes – floor-by-floor – on the occupiers of London’s twenty tallest buildings. Overall, firms will need to cough up an extra £50m as business rates bills go from £194m to £243m over the next three years. And the infamous ‘Walkie Talkie’ at 20 Fenchurch Street, and now fully occupied – will see the largest increase with office occupiers and luxury rooftop restaurants faced with a business rates bill of over £19m by 2019, an increase of £5.1m compared with current levels.

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Gallery: World Architecture Festival Awards shortlist announced

Gallery: World Architecture Festival Awards shortlist announced 0

World Architecture FestivalThe shortlist for the 2016 World Architecture Festival Awards has been published and features 343 projects from 58 countries and across 32 categories. The Festival takes place in Berlin this November, where the winners will be announced. Judges include include last year’s winner Ole Scheeren, David Chipperfield, Manuelle Gautrand, and Kai-Uwe Bergmann. The shortlisted candidates in the office category include the world’s first 3Dprinted office in Dubai and Dietrich | Untertrifaller’s Omicron Campus which incorporates luminous quiet-working pods. Notable UK entries include Make Architects’ Hiscox Building in York and the Collado Collins designed scheme for the redevelopment of a landmark building at 184 Shepherds Bush Road. The design maintains the architecture of the original building, formerly a motor service depot and car showroom owned by Citroen and adds three new floors for office use.

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London planning to hide Walkie Talkie with…more tall buildings?

London planning to hide Walkie Talkie with…more tall buildings? 0

walkie-talkie-tower-bridgeIt was Frank Lloyd Wright who said ‘a doctor can bury his mistakes but an architect can only advise his clients to plant vines’. His words will be ringing in the ears of London planners who have decided they need to do something about the blight of Rafael Viñoly’s reviled Walkie Talkie building at 20 Fenchurch Street, according to an article in the Architect’s Journal. The building was last year’s Carbuncle Cup winner and has been held responsible for creating wind tunnels in the streets at its base and even frying people, shops and cars around it with reflected solar rays. Remarkably, the solution offered by planners appears to be to  surround it with other tall buildings to hide it (while also creating new office space). Gwyn Richards, head of design for London, told the AJ: ‘One issue that has been brought to our attention is whether it would be preferable to have the Walkie Talkie effectively moved into the cluster so that it is less assertive. We are hearing from stakeholders saying that it would benefit the cluster to bring it into a tightly knitted group.’

Many firms lag behind their customers in use of latest tech innovations

Many firms lag behind their customers in use of latest tech innovations 0

DigitalJust one in three IT decision makers believe advances such as cloud-based solutions, big data and wearable tech will be available in their industry within the next 12 months, according to a new study from Capita. Although the report – Trends vs Technologies – has yet to be published, the firm has released some of its findings. Based on a survey of IT professionals in the insurance, finance, legal services and manufacturing sectors, the study analyses nine key organisational trends and the implementation of related technology. The report claims that while many decision makers describe a tech trend as being relevant to their industry, several barriers to implementation mean solutions are not yet ready and in many cases might be lagging behind consumer take-up of the new technology. The trends named in the report are Big Data, Digital Workplace, Artificial Intelligence, Internet of Things, Wearable Tech, Robotics, Cloud Based Solutions, 3D Printers and Virtual Reality.

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Overwhelming majority of employees putting in unpaid extra hours

Overwhelming majority of employees putting in unpaid extra hours 0

Extra hoursThe overwhelming majority of  UK employees (81 percent) are working beyond their contracted hours, claims a report from recruitment firm Morgan McKinley. Overall, 81 percent of people put in the extra hours with senior staff most likely to work more than 10 hours over their contracted hours (42 percent) each week compared to 21 percent of those who had just started working. The Morgan McKinley Working Hours survey of 2,600 professionals in sectors such as banking and finance, claims that 75 percent of employees felt obliged to work beyond their contracted hours, yet just 13 percent of respondents to the survey say they are paid for working extra hours.  The study claims that only 32 percent of professionals believe that they are productive during the extra hours that they work. A third (34 percent) don’t take a lunch break of any kind, with Millennials (21 percent) being the largest group to have a working day without their lunch break.

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Progress for women in executive roles remains disappointingly slow

Progress for women in executive roles remains disappointingly slow 0

Women in executive rolesAs the news breaks that the UK is to have a female Prime Minister by the Autumn, it emerges that progress for women among executive ranks and in the executive pipeline remains slow. According to the latest Female FTSE Report, by academics at Cranfield School of Management, City University London and Queen Mary University London, while the percentage of women on FTSE 100 boards has increased to 26 percent and to 20.4 percent on the FTSE 250 boards this year, the rate of progress has slowed since the Davies closing report in October 2015. As a result board turnover rates have decreased and the percentage of new appointments going to women over the past six months is only 24.7 percent, the lowest since September 2011. This is short of the increase required to meet the 33 percent board target by 2020 as set out in the Davies report, requiring FTSE 350 board to have 27 percent by the end of 2016.

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Employers and staff disagree on root causes of workplace stress

Employers and staff disagree on root causes of workplace stress 0

Work is greatest cause of stressSeventy-five percent of US employers say workplace stress is their number one health concern, but a disconnect between employers and employees on the causes of stress could undermine efforts to address the problem. Data from Willis Towers Watson’s 2015/2016 Global Staying@Work Survey along with its 2015/2016 Global Benefits Attitudes Survey reveals that the top causes of stress has picked by employer tended to fall into categories of large organisational issues, such as change and ubiquitous technology connections which can make employees feel that they are always on the job. By contrast, employees pointed more directly to specific elements of their personal work experience. For example, employees ranked organisation culture — including a lack of teamwork and a tendency to avoid accountability — third on their stress list, while employers ranked it last. Conversely, employers identified insufficient work/life balance as the top stressor for workers, while employees ranked it sixth.

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Ability to meet failure with resilience is a vital management skill

Ability to meet failure with resilience is a vital management skill 0

Management resilience

The political fallout since the Brexit vote has left many feeling that the UK’s politicians could do with brushing up their leadership skills and prompted debate on whether some of those whose ambitions have been derailed might bounce back. A timely report from the Chartered Management Institute offers advice on the management skills they might need to employ in times of uncertainty. The report claims that within the world of business, unsupportive cultures leave managers to struggle with the fall-out from crises. Most managers (94 percent) have faced crises during their career, but only half (55 percent) have handled them professionally, according to Bouncing Back: Leadership lessons in resilience. The absence of professional management ranks as a major factor in the cause of crises in the survey of 1,100 managers; 78 percent blamed a lack of support from senior management and 68 percent cited culture failure as responsible.

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Overworked UK staff are losing touch with their home lives

Overworked UK staff are losing touch with their home lives 0

Winners of Flexible-working-parentsOver half of all UK workers’ home lives are negatively affected by work, with one in five admitting they’ve missed important milestones in their children’s lives. According to a survey of 2,000 people in the UK, commissioned by Coople, 51 percent admit that their current workloads are affecting their lives at home. They are missing kids’ birthdays and other important milestones like school plays, parents’ evenings and award ceremonies because of work. The research claims that poor work-life balance has been detrimental to parents’ relationships with their children, with 11 percent saying working late and not ‘switching off’ has distanced them from their young ones. Most worryingly, 28 percent of those that admitted to missing important events have done so more than five times during their working life, 10 percent say they have missed their child’s event once, 26 percent say they have done so twice, 29 percent three times, and 7 percent admit they’ve done so four times.

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