August 23, 2013

More than half of UK firms expecting to increase capital spending over next year

The latest good news for the UK economy comes from a poll conducted by Edison Investment Research of 200 medium sized companies which shows that over half (56 percent) claim they will increase capital expenditure over the next year. In the same poll in January, only a quarter made the same claim, reflecting the sharp upturn in optimism in UK businesses. In the latest EIR poll, 69 percent said they felt positive about the coming year. In the Eurozone things aren’t quite so rosy as confidence has dropped over the course of the year with 17 percent expecting growth, down from 26 percent six months ago.

August 23, 2013

Conference goers can get on their bikes to hold business meetings

by Sara Bean • Environment, Facilities management, News

The treadmill desk is designed to help workers fight the flab, now those attending business meetings and conferences at one hotel can keep fit while also helping to combat global warming. A “Pedal Power” trial at Qhotels’ Forest Pines Hotel and Golf Resort near Lincolnshire will require users to continuously pedal with a bicycle generator to convert 100 watts of energy, which powers enough electricity to charge a laptop – the equivalent to a gentle race up a hill. The initiative comes following a recent survey of QHotels’ delegates which found that 55 per cent deem environmental credentials important. The pedal power generator was deemed a simple and fun way to power a conference presentation – though whether those forced to do the cycling will agree is debatable. More →

August 23, 2013

Investor confidence in commercial property highest in five years

by Sara Bean • News, Property

The news this week that work is to begin on the former Lumiere site in Leeds is a clear indicator of how investor confidence in commercial property has reached its highest level since Q2 2008, according to Jones Lang LaSalle. Its latest UK Real Estate Investor Confidence Survey, which canvassed the views of nearly 100 principals and lenders in the UK commercial property investment sector, found investor confidence has jumped by 7 per cent in the second quarter of 2013 compared with Q1, a 63 per cent increase on Q2 last year. The report’s findings also showed even greater competition for assets amongst property investors is anticipated with 61 per cent of respondents expecting more buyers than sellers, up from 42 per cent last quarter. More →

August 22, 2013

London’s living wall designed to reduce flood risk and improve air quality

by Sara Bean • Environment, Facilities management, News, Property

The UK’s largest living wall, designed to reduce urban flooding, has been unveiled in London’s Victoria district. Standing at 350 square metres with over 10,000 ferns, herbaceous plants and 16 tons of soil, the wall, at the Rubens at the Palace Hotel near Buckingham Palace reaches over 21 metres high. The wall’s unique design enables it to capture rainwater from the roof of the building in dedicated storage tanks. Flooding is a key environmental challenge in Victoria during periods of heavy rain, due to the low absorbency of urban surfaces. According to the Environment Agency, there are now around 534,000 properties in London on the Thames floodplain, and one in four in London are at risk of flooding. More →

August 22, 2013

Communications gap hampering employee engagement and productivity

by Sara Bean • News, Workplace

Communication gap hampering employee engagement and productivity

A stream of surveys published over the past few weeks have indicated a deep rooted sense of unease and lack of job security amongst UK workers. Now yet another poll reveals that far from being keen to discuss career progression opportunities, many employees are reluctant to bring up personal development and career progression with their bosses because they think it will put them at a disadvantage at work. According to the new research from Badenoch & Clark, this growing communications gap between employees and managers could lead to lack of engagement and lower productivity within the workforce. Meanwhile too many employers are investing in the wrong kinds of personal development for their staff. More →

August 22, 2013

Work to begin at last on major mixed use development in Leeds City Centre

by Mark Eltringham • News, Property

Work is to begin on the development of the troubled former Lumiere site in the centre of Leeds after it was acquired by new owners. As we reported back in March, planning permission was granted as a way of resurrecting the site for a 195,000 sq. ft. mixed-use scheme including over 130,000 sq. ft. of commercial space, which will at a stroke increase the supply of available office space in Leeds city centre by more than half. The original plans to build Europe’s tallest residential tower on the site fell through in 2008 in the wake of the economic slump. The new Central Square scheme will consist of two new building up to 11 storeys high which will create an initial 130,000 sq. ft. of office space with outline consent for 64,000 sq. ft. for either office or hotel use.

August 22, 2013

UK Government making slow progress on commitment to spend more with SMEs

by Mark Eltringham • Comment, News, Public Sector

There is no doubt the UK Cabinet Office has been responsible for some commendable improvements in the Government’s approach to property and procurement. Yet, like most government departments it is also prone to fudging or spinning the outcomes of projects that don’t quite cover the department and its initiatives in glory. One of the sure signs of this is that the head of the department, Francis Maude, is busy doing other things on the day mixed reports and bad news come out. And sure enough, a new report from the Cabinet Office which shows that Central Government is already way off course in its aim to spend 25 percent of its budget with SMEs by 2015, has been released quietly, in August and fronted by a junior minister.

August 21, 2013

Finalists announced for first global City Climate Leadership Awards

by Sara Bean • Architecture, Environment, News, Property

Siemens and the C40 Cities Climate Leadership Group have announced the 29 cities shortlisted for the inaugural City Climate Leadership Awards. C40 is a network of cities from around the world committed to implementing meaningful and sustainable climate-related actions and the new awards aim to recognise C40 City members that can demonstrate climate action leadership. The winners will be announced at an event at the environmental London landmark building the Crystal [pictured], home to Siemens’ sustainable cities initiative, on September 4, 2013. This will be followed by a conference on September 5, gathering mayors, city planners, and urban sustainability experts to address some of the most pressing climate change and sustainability challenges of the day. More →

August 20, 2013

Leave it out. UK workers are skipping their break from the office

by Sara Bean • Legal news, News, Workplace

The problem with the UK holiday season is that you never know where you are with your contacts. While one chunk of the population is away on leave, the other half is beavering away, and carry on sending out tons of emails, which the other half are forced to plough through when they return to the office. Maybe we need to follow the example of the Italian office furniture manufacturer which emails out an annual reminder during the last week of July that its offices will be shut for the whole of August, when traditionally, most of Italy takes a break. Not so the Brits, where, according to new research, even workers entitled to a break, are reluctant to take time off. More →

August 19, 2013

Restricted access to washroom facilities leaves staff with nowhere to go

by Sara Bean • Facilities management, Legal news, News, Public Sector, Workplace

Washrooms, as facilities managers are only too aware can often be the cause of some contention within the workplace, particularly amongst female staff, who frequently complain of having to queue to use the facilities. However, that inconvenience pales into insignificance compared to the plight of many council workers and call centre staff, who, according to trade union Unison are either not able to access public conveniences or are restricted as to when they can take toilet breaks. The unions says cuts to council funding, which has led to the widespread closure of public facilities are adversely affecting those workers who spend their working day out on the road, while in a previous Unison study of call centre workers, around 28 per cent reported that access to a toilet was a problem. More →

August 19, 2013

CBI raises growth forecasts, but cautious on sustainable recovery

by Sara Bean • Knowledge, News, Property, Workplace

A pick-up in confidence across a broad range of sectors, including services and construction and a better than expected second quarter has led the CBI to raise its growth forecasts, with GDP growth of 1.2 per cent predicted in 2013, up from 1.0 per cent in the May forecast. In 2014, the business group expects the economy to gather pace, forecasting 2.3 per cent GDP growth, up from 2.0 per cent in May. However, unemployment rates look set to stick at around 7.8 per cent. John Cridland, CBI Director-General said: “The economy has started to gain momentum and confidence is picking up, but it’s still early days. We need to see a full-blown rebalancing of our economy, with stronger business investment and trade before we can call a sustainable recovery.” More →