IN14 lands and it’s the best issue we’ve ever done. We would say that. So you decide

IN14 lands and it’s the best issue we’ve ever done. We would say that. So you decide

by • IN Magazine, News, Premium Content

The digital edition of issue 14 of IN Magazine is now available to read free, here. Print copies are in the post. We think it’s the best issue we’ve done so far, but please don’t take our word for it. It’s visually stunning, as always. It offers you the usual eclectic mix of content, covering everything from technology to urban design, management issues, property, office design, the environment, wellbeing and transport as well as all the usual interviews, news, events and commentary. All back issues of IN are available here. More →

Government turns to business rates reform to improve building quality, but will it work?

Government turns to business rates reform to improve building quality, but will it work?

by • Facilities management, News, Property

The UK Government claims that a new bill will support businesses by modernising the business rates system to incentivise property improvementsThe UK Government claims that a new bill will support businesses by modernising the business rates system to incentivise property improvements and support more frequent revaluations. The measures being put forward review and reform business rates in England, making them fairer and more responsive to changes in the market. The Non-Domestic Rating Bill will introduce more frequent valuations, to take place every three years instead of the current five, meaning those with falling values will see their bills drop sooner, accorrding to the Treasury. More →

Zürich named as world’s leading smart city in list dominated by Asia and Europe

Zürich named as world’s leading smart city in list dominated by Asia and Europe

by • Cities, News, Technology

Zürich has been named as the world’s leading smart city according to the latest annual Smart City Index published by IMD business schoolZürich has been named as the world’s leading smart city according to the latest annual Smart City Index published by IMD business school. Asian and European cities dominate this year’s top twenty. Among them, IMD names six “super champions” because they have been continuously improving their performance since 2019: Zürich, Oslo, Singapore, Beijing, Seoul and Hong Kong. More →

Three quarters of people who left their pre-covid employer now want to go back

Three quarters of people who left their pre-covid employer now want to go back

by • News, Workplace

According to a new poll from recruiter Robert Walters, almost three quarters of professionals (71 percent) who left their pre-covid employer in search of better pay or working culture say that they are open to returning. Half of the 3,000 people surveyed say that the reasons as to why they left in the first place are no longer applicable. Nearly half (45 percent of workers) who had left their job after lockdown did so for better pay – with a further 35 percent leaving for a better workplace culture or more purpose/fulfilment in their role. More →

Flexible working is the new “work-life currency”, claims new report

Flexible working is the new “work-life currency”, claims new report

by • Flexible working, News, Technology

A new report, Future of Work Life, from Ericsson Consumer & IndustryLab explores the ways in which employees and employers navigate the current work environment and their views on the future of work shaped by the pandemic, digitalisation and the fluctuating labour market. Almost half (48 percent) of the employees in the study say that they enjoy increased flexibility at work. 52 percent consider flexible work hours or locations as key requirements, and 25 percent say that flexibility is the top priority if they would start to look for a new job. Doing work rather than going to work is seen as central in this new way of thinking about work life. More →

EU building data project to drive full decarbonisation in three European countries

EU building data project to drive full decarbonisation in three European countries

by • Environment, Facilities management, News, Property

Czechia, Ireland and Spain will be the first countries to participate in a new initiative which aims to boost the availability of quality building climate data, a critical step towards full decarbonisation of the heavily emitting construction sectorCzechia, Ireland and Spain will be the first countries to participate in a new initiative which aims to boost the availability of quality building climate data, a critical step towards full decarbonisation of the heavily emitting construction sector, responsible for almost 40 percent of global carbon emissions. The INDICATE initiative will bring together governments, industry and academia to tackle one of the most common barriers to enacting policies which will ensure climate neutral construction: a lack of reliable and comprehensive emissions data for buildings. More →

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

by • News, Technology, Workplace

The latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobsThe latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs claims. The authors suggest that the technology could replace around a quarter of the work tasks carried out in the US and Europe but may also mean new jobs and a productivity boom. The report claims that the tech could increase total annual value of goods and services produced globally by 7 percent. More →

Rising business rates could impact affordable workspace in London

Rising business rates could impact affordable workspace in London

by • News, Property

Colliers calls on Government to provide greater support to tech and creative industries who will struggle as business rates rise in Revaluation 2023The 2023 business rates revaluation will come into effect on the 1st of April 2023, the first of its kind for six years and according to business rates experts at Colliers could have a material impact on the provision of affordable workspace in the capital, historically located in the “fringe” locations. Colliers claims that this is because rents and hence rateable values in fringe locations such as Hackney, Southwark and Hammersmith & Fulham have increased at a greater pace than in historic ‘core’ office locations such as the City, Islington and the West End, and those fringe locations have now become equally or in some cases more expensive locations than those in the Central London core. More →

Work-related stress costing UK economy £28bn a year

Work-related stress costing UK economy £28bn a year

by • News, Wellbeing

New data and economic modelling from AXA UK and Centre for Business and Economic Research (Cebr) claims that people are struggling with burnout and work-related stressNew data and economic modelling from AXA UK and Centre for Business and Economic Research (Cebr) claims that people are struggling with burnout and work-related stress, with an estimated £28bn lost last year due to poor mental health at work. The majority of this cost is due to loss of working days because of stress, burnout and general poor mental health, with businesses losing 23.3m working days as a result of these issues.  More →

New guide to office fit-out and refurbishment launched by trade body

New guide to office fit-out and refurbishment launched by trade body

by • Facilities management, News, Workplace design

Trade association FIS has launched a revised Client Guide to Office Fit-Out and Refurbishment with the aim of promoting best practice in the fit-out processTrade association FIS has launched a revised Client Guide to Office Fit-Out and Refurbishment with the aim of promoting best practice in the fit-out process and to take account of new working practices post-pandemic, the Building Safety Act and advances in sustainability. First published in 2017, this updated guide is aimed at clients, contractors and architects involved in fit-out projects in a changing world. It is available for free download. More →

Canary Wharf Group shifts its focus to life sciences sector

Canary Wharf Group shifts its focus to life sciences sector

by • News, Property

The development of a major life science cluster at Canary Wharf continues to build momentum with a range of life sciences focused start-ups and scaleup businesses joining the growing community of technology businessesThe development of a major life science cluster at Canary Wharf continues to build momentum with a range of life sciences focused start-ups and scaleup businesses joining the growing community of technology businesses at its specialist co-working and office hub, Level39, according to a new statement from Canary Wharf Group. Launched by Canary Wharf Group ten years ago, Level 39 is now home to over 180 start-ups and scaleups innovating in FinTech, Cyber Security, CleanTech, Blockchain, Life Sciences and HealthTech. More →

UK productivity continues to drag despite variations across sectors

UK productivity continues to drag despite variations across sectors

by • Business, News

The UK has seen a significant dip in productivity growth since the Global Financial Crisis of 2007-8, according to a new report from PwC UKThe UK has seen a significant dip in productivity growth since the Global Financial Crisis of 2007-8, according to a new report from PwC UK. However, this new analysis also highlights sectoral differences in productivity growth, with some sectors performing better than others in recent years. The slowdown in manufacturing productivity is also shown to have played a significant role in the fall in economy-wide productivity, but there is positive sentiment amongst manufacturers, with almost 1 in 5 expecting to see gains of 10-25 percent in the coming year. According to PwC UK’s new UK Productivity Tracker, a lack of sustained investment expenditure may be behind the UK’s weak performance. More →

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