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Commuting costs the UK £148 billion annually, claims new report

Commuting costs the UK £148 billion annually, claims new report

CommutingIn spite of the growth of flexible working in the UK, commuting to an office each day costs British workers and the national economy some £148 billion annually. That is the key finding of a new report from recruitment firm Randstad. The study claims that an average commute for staff in the UK covers around 22 miles, taking around 43 minutes. The report claims that the time spent commuting continues to increase as people move further away from their main place of work, especially in the South East and North West of England. London workers – unsurprisingly – spend more than anybody else on commuting. There are also major differences across sectors with the workers in financial services, accountancy and IT industries subject to the most costly commutes.

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Does declining productivity spell the end for IT and property directors?

Does declining productivity spell the end for IT and property directors?

property directorsWhen it comes to increasing organisational output, which in turn directly relates to real wage growth and higher living standards, the only determinant is productivity, measured in terms of output per hour worked. This is at the heart of all businesses and is essential for growth. The basic facts on productivity are clear. For over a decade, productivity has been painfully weak across all the major economies. The UK has performed particularly badly, with productivity having declined by 3.7 percent since 2008. A recent OECD report went as far as saying: “weak labour productivity since 2004 has been holding back real wages and well-being. The sustainability of economic expansion and further progress in living standards rest on boosting productivity growth, which is a key challenge for the coming years”.

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The death of the office has been overstated but it is changing, study confirms

The death of the office has been overstated but it is changing, study confirms

Death of the officeThe implications for the property industry of more efficient space planning models and the uptake of flexible working are laid bare in a new report from planning and design consultancy Nathaniel, Lichfield and Partners (NLP). The headline figure from the report, Workspace Futures: The changing dynamics of office locations is that the office stock in England and Wales rose by 17 percent in the twelve years to 2012 while the numbers of office based staff increased by around 21 percent. The report includes details on how these trends affect 11 key locations including Manchester, Cambridge, Bristol, Newcastle and Reading and concludes that while ‘the death of the office has been largely overstated’, the market is undergoing structural changes that need to be addressed by developers and government.

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Cautious welcome by IoD to plans for a Digital Single Market across Europe

Cautious welcome by IoD to plans for a Digital Single Market across Europe

Cautious welcome by business leaders to announcement of a Digital Single MarketThe Institute of Directors has given a cautious welcome to the plans announced by the European Commission this week to create a Digital Single Market across Europe. At present, online barriers means businesses are not fully benefitting from digital tools; there is less opportunity for cross border selling and Internet companies and start-ups are unable to take full advantage of growth opportunities online. The aim of the Digital Single Market is to remove regulatory walls and eventually move from 28 national markets to a single one. According to the European Commission, a fully functional Digital Single Market could contribute €415 billion per year to the economy and create hundreds of thousands of new jobs.

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TfL to occupy first commercial property at International Quarter

TfL to occupy first commercial property at International Quarter

The Transport for London Building at The International Quarter Stratford 3 commercial propertyConstruction is to begin this summer on the first of a number of office buildings planned for the second stage of the International Quarter, a £2.1 billion mixed-use development in Stratford in East London. Transport for London (TfL) has signed a pre-let with Lend Lease and London and Continental Railways (LCR) to occupy all of the space in the 265,000 sq ft commercial property. An estimated 3,000 TfL workers will relocate to the International Quarter’s new offices and, once completed, an estimated 25,000 people will work at and visit the site each day. The developers claim they are in discussions with other tenants about moving to The International Quarter – which, at a total of four million square feet, will be one of the largest new commercial property developments in the capital.

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UK digital infrastructure struggling to keep pace with demand

UK digital infrastructure struggling to keep pace with demand

infrastructureThe UK is struggling to create the digital infrastructure it needs to keep up with burgeoning employment and investment levels in new technology. A new study from IT recruitment firm Experis claims there has been an 18 per cent increase in the number of permanent job roles in the IT sector advertised across the UK in the first quarter of 2015. Meanwhile, a report from Santander’s commercial business division claims that the UK’s SMEs are planning to invest £53bn in digital business  over the next two years. All of this should be good news except for the fact that digital experts are warning that the UK is about to hit the digital buffers over the next two decades, according to experts who will present their findings to the Royal Society next week.

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How remote working employees go rogue in search of productivity

How remote working employees go rogue in search of productivity 0

remote working 1930s styleAlthough many European employees now spend long hours each week working remotely, many of them don’t think their employers provide them with the tools they need to do their jobs properly and so go ‘rogue’ to find the best ways of communicating with each other and using information. That is the key finding of a new study from internal communications specialist Newsweaver which explores the ways remote working employees use mobile devices. It found that while one in five workers across the EU now spend at least ten hours a week working remotely, 41 per cent do not believe that the tools their company provides meet their needs. They therefore choose to use their own apps instead. This fact is well understood by IT teams with three out of four technology managers admitting they are offering staff outdated tools.

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Are these this year’s ten most sustainable buildings in North America?

Are these this year’s ten most sustainable buildings in North America? 0

Bulliit Centre - sustainable buildingsThe American Institute of Architects (AIA) and its Committee on the Environment (COTE) have selected what they claim are the nation’s top ten examples of sustainable architecture and ecological design projects. The COTE Top Ten Awards program, now in its 19th year, claims to be the profession’s most rigorous recognition program for sustainable buildings. The program highlights projects that are the result of an “integrated approach to architecture, natural systems and technology … which make a positive contribution to their communities, improve comfort for building occupants and reduce environmental impacts through strategies such as reuse of existing structures, connection to transit systems, low-impact and regenerative site development, energy and water conservation, use of sustainable or renewable construction materials, and design that improves indoor air quality.”

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The workplace as a strategic resource: a real life CEO’s perspective

NEF today-3 workplace as a strategic resourceRaise your hand if you agree: “The workplace is obviously a strategic resource.” We facilities management professionals know that to be true. But if you often feel like a voice in the wilderness when speaking to anyone other than a fellow workplace professional, you are not alone. For many if not most senior executives, their facilities are a necessary evil that always cost too much. That reality frustrates me as much as it does you. So my colleague Paul Carder and I conducted two extensive research projects in 2012 and 2013 aimed at making the case (mostly to FM professionals themselves) that facilities and workplaces are incredibly strategic – and very poorly understood. And while we’ve gotten a lot of positive feedback about the work, we haven’t seen much change in mindsets, management practices or outcomes.

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Approval granted for new 27-storey office building at Canary Wharf 0

Planning permission for 1 Bank Street at Canary WharfPlanning permission has been granted for a new 27-storey office building at 1 Bank Street, Canary Wharf in London. The new 700,000 sq ft office building will comprise office space, three levels of trading floors, a retail unit at ground level, a free-standing retail kiosk on South Dock Promenade, public realm, planting and landscaping and basement car and cycle parking. There will also be public access to a new promenade along the South Dock. According to developers Canary Wharf Group, the new offices will provide capacity for an additional 5,837 full-time equivalent jobs. French bank Société Générale, has already agreed a lease for 280,000 sq ft of 1 Bank Street, covering the ground and first to seventh floors on a 25 year lease. Tower Hamlets also granted Canary Wharf Group outline planning permission for just over 1 million sq ft of space at 1 Park Place.

Managing the Millennials should be no different to the other generations

Mult-generational workersThere is much debate about the way the group known as Millennials should be treated. Millennials, those born between the early 1980s and the early 2000s, are viewed as different to my peers, Generation X (those born in the 60s and 70s), and certainly vastly different in outlook to the post-war Baby Boomers and the pre-war Veterans. A stereotypical view is that these newbies are highly ambitious and want everything ‘now’, for example, regular pay rises and instant promotion without putting in the work. Yet I believe that Millennials should not be viewed as a distinct group and what we are in fact seeing are long-term changes as a result of trends in society and the workplace. So while employers may recognise the particular needs of Millennials it is these long-term changes they should really be addressing.

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UK labour productivity continues to flatline in spite of upturn

flatline_8205UK labour productivity continues to flatline in spite of the recent economic upturn, according to a new report from the Office for National Statistics. Overall productivity as measured by output per hour fell by 0.2 percent in the fourth quarter of 2014 compared with the previous quarter. In 2014 as a whole, labour productivity was little changed from 2013, and slightly lower than in 2007, prior to the economic downturn. As ever, the devil is in the detail. There were notable increases in productivity in both manufacturing and construction but the modest gains in service industries obscure the fact that there is a great deal of variation across sectors and also the fact that any gains reflect a greater number of hours worked rather than an increase in the overall number of people employed or their underlying productivity.

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