Global trust demands business acts as force for good

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Government trails business, media, and non-governmental organisations as the least trusted institution worldwide. The 2012 Edelman Trust Barometer reveals trust in government fell a record nine points to 43% globally, and in 17 of the 25 countries surveyed, government is now trusted by less than half. “Business is now better placed than government to lead the way out of the trust crisis,” said Richard Edelman, President and CEO, Edelman. “But the balance must change so that business is seen both as a force for good and an engine for profit.”

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A more decentralised office inevitable for world’s workers

The changing nature of work and the workforce continues to transform offices around the world. And nowhere more so than in the United States  According to a recent report from McKinsey – called Preparing for a New Era of Knowledge Work – not only are we seeing the final stages of the transition to a knowledge economy with all that entails, demographic inertia means that there may be a huge shortfall in the number of skilled graduate workers needed to service it. This pattern will be evident around the world, especially in rapidly developing economies such as China and India.  More →

Wellness linked to job satisfaction and engagement

Did ‘Blue Monday’ really get you down, or are you happy in your work? If you are engaged with your work, research suggests you’re most likely to have a healthier lifestyle. The findings from Gallup Daily tracking found that engaged employees are deeply involved in and enthusiastic about their work, those not engaged may be satisfied, but are not emotionally connected to their workplaces and are less likely to put in discretionary effort. And employees who are actively disengaged are emotionally disconnected from work and workplace and jeopardise their teams’ performance. More →

French stick: Parisians favour USB’s to filch corporate data

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Parisians are more likely to take corporate data than their UK counterparts, an “Insider Threat Survey,” by Imperva, supplier of data theft, insider abuse, and fraud solutions reveals. When those, questioned across a number of business sectors about their view on confidentiality were asked if they would personally take corporate data, 78% of respondents in Paris admitted they had, with 63% in London also confessing to the same practice. While the Parisian respondents prefer to use a USB stick (23%), in London, smart phones the favoured method (41%).
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Reversal of usual state of affairs as offices turn into homes

After years in which we have gradually seen technology and flexible working practices transform our homes into offices, the UK Government has reversed this apparently natural order of things by introducing legislative changes to the planning system that will allow developers to convert office buildings into blocks of flats without asking councils for planning permission.  The intention is to address the UK’s housing shortage and stimulate the economy. It’s also a sign that many offices are empty as both a consequence of  the downturn and changes in the way they are designed and used. More →

Europe’s commercial property investors opt for safe cities

German cities dominate the investment prospects for Europe’s commercial real estate sector as investors favour safe havens according to a new report – Emerging Trends in Real Estate Europe 2013. Munich tops the league table followed closely by Berlin in second place and Hamburg in fifth position, with investors taking comfort from each of the cities’ strong local micro-economic climate and resilient property market conditions. London, which is seen by many as Europe’s safest investment, is the largest riser in this year’s report taking third position.  More →

Green retro fitting a ‘best bet’ for 2013

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Refurbishing existing buildings to new standards and turning them into good green assets has been identified as one of the best bets for the property sector in the year ahead, according to new research from the Urban Land Institute and PwC. The survey of industry leaders across Europe found the move to ‘reactivate assets’ – refurbish good properties with green credentials – is taking hold. Sustainable properties are increasingly commanding higher rents and values, as governments move to force companies to increase building’s energy efficiency and reduce their environmental footprint.

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Hidden depression amidst Blue Monday hype

DepressionToday is ‘Blue Monday’, allegedly the most depressing day of the year. The case against the beginning of the third working week in January includes an inability to keep up New Year resolutions, lack of daylight, and giving us something to gripe about. However it also presents an opportunity to discuss the hidden problem of depression amongst the workforce. One in four will have some kind of mental health problem this year which is why Business Disability Forum has today announced a new guide for line managers on how to manage mental health at work.

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UK’s Centre for Cities launches Outlook 2013 report

cit_0000The Centre for Cities has today published the latest issue of its flagship Cities Outlook report in conjunction with the Local Government Association. The report has been published annually since 2008, identifying trends and key economic indicators from the UK’s largest cities. This year’s report is extensive in its coverage of a range of issues but focusses on construction, especially of housing, as an engine of growth.  Several towns including Milton Keynes, Brighton and Northampton are singled out for their high levels of private sector investment and employment.

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Mayfair office plan gets green light

hanover-sq-4018Westminster Council has granted Legal and General Property (LGP) planning consent for a new West End office in London’s Hanover Square, expected to become one of Mayfair’s most sought after squares following the completion of Crossrail. The redevelopment will comprise a 56,000 sq ft high office-based scheme, arranged over two basements, ground and seven upper floors. The office element will provide typical floors of 8,200 sq ft, whilst there will also be two retail/restaurant units on the ground floor, totalling 9,300 sq ft and fronting Hanover Square.

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Business spending to grow for two years, forecast Ernst & Young

Business spending will grow tentatively over the next two years, according to a new report from the ITEM Club, an economic research group established by Ernst & Young. It predicts that overall spending by businesses will grow by just over three per cent this year and a further 8.1 per cent in 2014. This is good news following a number of recent economic forecasts but means that spending will remains some way short of its pre-downturn peak. The ITEM Club also called on the UK Government to do more to stimulate growth. More →

Cabinet for Core Cities looks to reshape the English economy

A newly formed Cabinet of Core Cities met for the first time in Liverpool on Friday, seeking to reshape England and call on the Government to work with it to maximise the economic potential of the regions by creating a more balanced economic structure for the country and develop policies that would create jobs and investment. The cities represent the urban centres of Manchester, Nottingham, Newcastle, Birmingham, Leeds, Liverpool, Bristol and Sheffield.

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