City of London office market reaches the highest volume of lettings for 15 years

by • Facilities management, News, Property

05Central London leasing activity hit the highest volume since 2007 last year, while the office market in the city reached its highest volume for 15 years. Take up of central London office space totalled 12.4 million sq ft, when 12.7 million sq ft was let; which is 15 per cent ahead of 2013 totals. According to the latest research by Cushman & Wakefield, while all areas of the capital saw an upturn in activity during 2014, the City of London market recorded the highest volume of lettings for 15 years, with 7.2 million sq ft of transactions completed compared to 7.4 million sq ft in 1998. West End lettings reached 4.0 million sq ft; on a par with the last peak in 2007.  Even Docklands saw take-up double in comparison to 2013 to exceed 1.0 million sq. ft for the first time since 2010; and the serviced office sector is thriving.

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Government should accept that self employment is the new normal for many

by • Flexible working, News, Workplace

self employmentThe Government should develop more policies that meet the needs of the growing numbers of self-employed in the UK and across Europe. That is the message of a new report from think tank The Institute for Public Policy Research which points out that while 40 percent of the rise in job levels since 2010 has been in self-employment, the Government should accept this is not a blip but a structural change in the way many people work and develop appropriate policies to meet their needs. The report argues that self-employment is already the new normal for some 4 million UK workers and the Government should take steps to ensure their pensions, training and earnings are in step with the rest of the workforce.

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Workers feel increasingly undervalued and over a third plan to move jobs this year

by • News, Workplace

Workers feel increasingly undervalued and over a third plan to move jobs this yearThere’s been a dramatic increase in the number of workers planning to move jobs. According to the latest research by the Institute of Leadership & Management (ILM), 37 per cent of workers are planning to leave their current jobs in 2015 – compared to 19 per cent in 2014 and 13 per cent in 2013. Of those who left their jobs in 2014, 35 per cent cited greater opportunity for progression as their main motivation for seeking a new role – compared to only 12 per cent who sought a higher salary. In 2015, that has increased to 59 per cent, meaning increased opportunity is a number one priority; beating a better salary (56%), a more interesting role (50%) and better management (30%). Staff are also feeling increasingly undervalued by their managers. 25 per cent of those planning to leave said they felt unappreciated in their current role, almost 10 per cent more than last year (16%). (more…)

Smartphone use is rewiring our brains, claims new research

by • News, Technology, Wellbeing

Smartphone brainWe may be finding out a lot more about the way smartphones shape our behaviour, but a new study from Swiss researchers at the University of Zürich and Fribourg claims that any changes may go a little deeper than the obsessive need to peer at them. It suggests that while repeated and regular use of smartphones improves how quickly and dextrously we use screens and keystrokes, the cortex of our brains is also adapting to cope with the new demands we place on it. Touchscreen usage appears to actually change the way our fingers, thumbs and brains work, according to the report published in the journal Current Biology. The study appears to show that the increased use of touchscreens in the recent past has resulted in an instinctive increase in brain activity when our fingertips are touched.

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CIPD claims 2015 should be a ‘rollover year’ for workplace productivity

by • News

workplace productivityThe UK labour market will continue to expand at a strong rate in 2015 but there are unresolved issues relating to levels of pay and how best to increase workplace productivity to drive further growth, according to Mark Beatson, chief economist for the Chartered Institute of Personnel and Development (CIPD) in a new report. While the report argues that the ongoing economic recovery and improvements in the labour market are good news for jobseekers and good news for businesses, it also considers it unlikely that we’ll see any real increase in wage growth until 2016. The author also warns that the UK’s steady growth remains vulnerable to developments in Europe and that the UK’s ‘workplace productivity puzzle’ is an urgent issue for policy makers and businesses to address in order to sustain growth.

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Report finds that tech increases productivity, but also the hours we work

by • Flexible working, News, Technology

Flexible workingA report published at the end of December by the non-profit Pew Research Center claims that while nearly half of US workers believe that new technology helps them to be more productive, it also means they are working significantly longer hours. The study of 535 people claims that 46 per cent of US workers believe that the internet, email, and mobile phones have upped their productivity, while only 7 per cent think they have led to a fall in their productivity. Over a third (39 percent) of those surveyed say that they now have more flexible working hours, and a similar number (35 percent) believe that new technology has increased the number of hours they work. For office based workers the changes are even more pronounced with nearly half (47 percent) seeing an increase in their working hours.

BBC Wales exchanges contracts on new Cardiff headquarters

by • Architecture, News, Property

BBC-Wales-Cardiff-HQBBC Wales has exchanged contracts with the developer of its new 150,000 sq. ft headquarters in the centre of Cardiff. Although still subject to final planning consent and the approval of BBC executives, the building is an anchor site in the Foster + Partners masterplanned Central Square regeneration project and work is confidently expected to begin in the middle of 2015 for completion in 2017 with full occupancy expected the following year. The new building will be home to some 1,000 staff and has been targeted to achieve a BREEAM excellent rating. Developers Rightacres expect the Central Square mixed use project to provide around 1 million sq. ft of  office, residential and retail space, creating one of Wales’ largest property developments and regeneration schemes in the heart of Cardiff on the site of the current bus station.

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Digital infrastructure boost will lead to urban brain drain, claims report

by • Cities, Flexible working, News, Technology

Country_MouseThe tap roots of the digital economy will not spread beneath the concrete of Tech City and other urban enclaves, but in the fertile soil of the UK countryside. That is the finding of a new briefing document from the Department for Environment, Food and Rural Affairs (Defra), which claims that rural areas are set to overtake towns and cities as the main driver of Britain’s digital economy. As a result of improvements in the country’s digital infrastructure and transport links as well as a changing relationship between firms, employees and contractors, there are now more people moving to the countryside from towns and cities than those moving in the opposite direction. The briefing suggests that by 2025, the rural economy will be worth an additional £35 billion and the productivity of rural areas could outstrip urban areas for the first time since the industrial revolution.

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Employers far more positive about flexible working, claims Government report

by • Flexible working, News

thumbs up flexible workingPositive attitudes towards flexible working are increasing amongst UK employers, according to a new survey from the Government. The latest edition of the Work–Life Balance Employer Survey, published by the Department for Business, Innovation and Skills, claims that over half (56 percent) of employers consider flexible working good for their business. The survey reports other major attitudinal shifts since the last edition was published in 2007, including the fact that the proportion of employers who agree with the statement ‘employees should not be able to change patterns if it disrupts the business’ has dropped from 73 percent  to just 49 percent. The survey of just over 2,000 employers also found that the adoption of one particular form of flexible working – job sharing – had decreased in the intervening period while most others had increased markedly.

Latest addition to flexible working locations should be the local library

by • Flexible working, Knowledge, News, Workplace design

flexible working bookThe latest venue to be co-opted as a potential flexible working space is the public library. According to a new report published last week by William Sieghart, based on research into over 150 locations and hundreds of written submissions, the key to saving Britain’s imperilled public libraries is for them to introduce more seating, Wi-Fi connectivity and hot drinks and food. The provision of fast and reliable Wi-Fi access was named as one of the key actions to draw more people away from coffee shops, which often prove popular venues for flexible working, and into libraries. The report, published by the Department for Culture Media and Sport found that a third of libraries currently do not offer visitors Wi-Fi, which is a “shocking” statistic, according to report author, William Sieghart. “So they’re slated for closure while everyone’s in the Costa opposite, where there’s a loo, hot drinks and internet access.”

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Government report highlights radical potential of Internet of Things

by • Facilities management, Knowledge, News, Technology

Internet_of_ThingsAccording to a report published this week by the Government’s Chief Scientific Advisor, by taking the lead in developing the internet of things, the UK could transform the way the country lives and deliver huge benefits to the economy.  The internet of things – in which digital networks are connecting everyday objects so data can be shared – creates enormous opportunities for both the private sector and government. It also has the potential to be applied in many areas of everyday life, transforming the way we use energy, how we travel and maintain a healthy lifestyle. The number of connected devices could potentially reach up to 100 billion globally by 2020 and industry estimates also suggest that these technologies could have a global value of nearly £10 trillion by then.

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Market for smart cities set to triple worldwide over next five years

by • Cities, News, Technology

According to a new report, the global market for smart cities will grow by nearly a factor of three from $411.31 billion in 2014 to $1,135 billion by 2019. The not so snappily titled report, “Smart Cities Market by Smart Home, Intelligent Building Automation, Energy Management, Smart Healthcare, Smart Education, Smart Water, Smart Transportation, Smart Security, & by Services – Worldwide Market Forecasts and Analysis (2014 – 2019)”, has been published by MarketsandMarkets, and claims to define and segment smart cities into various sub-segments of technologies, solutions, services and regions with in-depth analysis and forecasting of revenues. The authors also claim that the report identifies drivers and restraints of this market with insights on trends, opportunities, and challenges.

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