Search Results for: investment

Moody’s latest firm to quit Canary Wharf for smaller offices in London

Moody’s latest firm to quit Canary Wharf for smaller offices in London

by • News, Property

Credit ratings agency Moody’s is relocating its London headquarters from offices in Canary Wharf to a new location in the City of London. This move adds to the trend of financial firms opting to leave the Docklands district. The company will shift to offices at 10 Gresham Street in 2026, coinciding with the expiration of its lease at One Canada Square, the iconic pyramid-topped skyscraper in the heart of the east London estate. A spokesperson for Moody’s confirmed the selection of the new location, emphasizing that the move is subject to closing. (more…)

Most firms set to invest in AI but half admit they don’t know why or how

Most firms set to invest in AI but half admit they don’t know why or how

by • AI, Business, News, Technology

A new poll from Orgvue, an organisational design and planning software platform, suggests that businesses continue to ramp up investment in AI despite being unclear on its business impact or how to implement itA new poll from Orgvue, an organisational design and planning software platform, suggests that businesses continue to ramp up investment in artificial intelligence despite being unclear on its business impact or how to implement it. Four in five (82 percent) of organisations have already invested, with another 33 percent saying they will increase this by more than 50 percent in the coming year.  Based on a survey of 1,000 C-suite and senior decision makers at medium and large organisations, the report, Human-first, machine enhanced: the role of AI in workforce transformation, highlights contradictions in the business community concerning technology investment and AI’s impact on the workforce. (more…)

Government scheme will see thousands more people train in technologies like AI

Government scheme will see thousands more people train in technologies like AI

by • AI, News, Technology

Thousands of individuals will receive training and qualifications in cutting-edge technologies like AI as part of new government initiativesThousands of individuals across the UK will receive training and qualifications in cutting-edge technologies like artificial intelligence (AI) as part of new government initiatives. Additionally, other transformative fields such as medicine, 6G, and quantum computing are also part of this initiative. The driving force behind the move is a substantial investment of over £1.1 billion aimed at enhancing the country’s skill base. (more…)

Real estate sector is at a pivot point worldwide, report claims

Real estate sector is at a pivot point worldwide, report claims

by • News, Property

Despite continued economic uncertainty around the world, there is a strong belief that the global real estate industry is at a ‘pivot point’, with improving prospects ahead for renewed investment activity, according to the latest Emerging Trends in Real Estate Global Outlook 2024 from PwC and the Urban Land Institute (ULI). The report amalgamates three regional reports, which canvassed thousands of real estate leaders across Europe, the United States and Asia Pacific, and is a key indicator of sentiment towards the global real estate investment and development outlook across the globe. (more…)

UK and other countries sign international pledge to cut carbon emissions from buildings

UK and other countries sign international pledge to cut carbon emissions from buildings

by • Environment, News

This declaration aims to facilitate a swift, equitable, and effective transition within the sector to lower carbon emissions from buildings.The inaugural Buildings and Climate Global Forum, organised by the French Government and the UN Environment Programme (UNEP) concluded last week.  Representatives from 70 countries adopted the Declaration de Chaillot, a foundational document for international cooperation. This declaration aims to facilitate a swift, equitable, and effective transition within the sector to lower carbon emissions from buildings. (more…)

The sector responds to the Spring Budget

The sector responds to the Spring Budget

by • Business, News

Yesterday’s Spring Budget included a number of announcements that affect the various people, place and technology professions in the UK. These include a cut in National Insurance, pension fund reforms, support for working parents, AI, helping people back in to work and more. You can see the Government’s own summary here. The various industry sectors have been quick to respond to the announcements. You can see what some people have had to say below, in no particular order. (more…)

UK businesses risk losing out on top female talent due to ability to support hybrid and flexible working

UK businesses risk losing out on top female talent due to ability to support hybrid and flexible working

by • Flexible working, News

Ahead of International Women’s Day, new data from Ricoh Europe claims that UK and Irish businesses risk losing out on top female talent due to an inability to support workplace flexibility, exacerbated by a lack of technology and fit-for-purpose people policy. The research, conducted by Opinium and analysed by CEBR on behalf of Ricoh Europe, polled 1,000 workers and 250 decision-makers across the UK and Ireland. Insights reveal a significant gender gap in the desire for flexibility and hybrid working arrangements. While both genders see benefits, 10 percent more women, over half (51 percent), agree that hybrid working improves their work-life balance, compared with only 39 percent of men. In addition, 40 percent of women actively seek employers offering hybrid models, a higher percentage than men. (more…)

Bisley to join forces with MARK Product

Bisley to join forces with MARK Product

by • Company news, Furniture

Bisley is delighted to announce that it is joining forces with MARK Product, the Cornwall-based B-Corp, which since 2008 has specialised in designing and manufacturing sustainable furnitureOffice and home furniture giant Bisley has announced that it is joining forces with MARK Product, the Cornwall-based B-Corp, which since 2008 has specialised in designing and manufacturing sustainable furniture. The partnership is the result of a significant investment by Bisley which will enable the Cornish brand to expand its reach within the workplace sector and will pave the way for enhanced product development, with a focus on sustainable soft seating and outdoor furniture. (more…)

New plans for public sector productivity ‘will deliver up to £1.8 billion worth of benefits by 2029’

New plans for public sector productivity ‘will deliver up to £1.8 billion worth of benefits by 2029’

by • News, Public Sector

The UK’s Chancellor of the Exchequer Jeremy Hunt has outlined plans to improve public sector productivity that the government claims will deliver up to £1.8 billion worth of benefits by 2029.The UK’s Chancellor of the Exchequer Jeremy Hunt has outlined plans to improve public sector productivity that the government claims will deliver up to £1.8 billion worth of benefits by 2029. The statement focuses on public sector productivity because the government says it is “an alternative to accepting an ever-increasing bill for public services as [it] sticks to its plan to move on from the high spending and high tax approach that was necessary to get the UK through the shocks of Covid and Russia’s invasion of Ukraine. A new focus is needed on the long-term decisions required to strengthen the economy and give people the opportunity to build a wealthier, more secure life for themselves and their family.” (more…)

Business leaders struggling to navigate rapid change, report claims

Business leaders struggling to navigate rapid change, report claims

by • News, Technology, Wellbeing

Amidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challengesAmidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challenges – and it’s taking a toll on executive tenure. According to a new survey conducted by LHH, a talent advisory and solutions company, executives across various industries and countries are grappling with formidable challenges, with technological advancements taking centre stage in their concerns. The survey, titled View from the C-Suite: Bridging the executive gap, reveals some of the key insights and recommendations for senior executives as they begin 2024. (more…)

Two in five architects say they are already using AI on projects

Two in five architects say they are already using AI on projects

by • AI, Architecture, News, Technology

New research by the Royal Institute of British Architects (RIBA) suggests that 41 percent of UK architects are already using artificial intelligence (AI) on at least the occasional projectNew research by the Royal Institute of British Architects (RIBA) suggests that 41 percent of UK architects are already using artificial intelligence (AI) on at least the occasional project, and of those, 43 percent think it has made the design process more efficient. The RIBA AI report includes the findings of a survey asking architects how they are using and plan to use AI. In the next 2 years, 54 percent of architects expect their practice to use AI, and 57 percent think it will improve efficiency in the design process. However, this ambition this doesn’t yet seem to be matched by investment, as 69 percent say their practice has not invested in AI research and development, and only 41 percent expect their practice to invest. (more…)

University of Warwick receives £1.25 million to research how AI could change the market for real estate

University of Warwick receives £1.25 million to research how AI could change the market for real estate

by • AI, News, Property, Technology

The University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five yearsThe University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five years. Based in the Gillmore Centre for Financial Technology at Warwick Business School, the new Research Group will draw interdisciplinary scholars and thinkers from across the world to redefine and innovate the financial and property technology landscape. (more…)

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