Search Results for: brexit

Real estate set to remain an attractive investment despite challenging environment

Real estate set to remain an attractive investment despite challenging environment

ULI PWC real estate reportEurope’s property leaders continue to have faith in real estate as an attractive option for investments, despite a number of significant political and economic challenges, according to the latest Emerging Trends in Real Estate Europe 2020 report. With interest rates set to stay lower for longer and bond yields in many European countries in negative territory, real estate income retains its broad appeal to investors, especially in comparison to other asset classes. Equity and debt are expected to remain plentiful for most real estate sectors. The report, published annually by the Urban Land Institute (ULI) and PwC, is based on the opinions of over 900 real estate professionals across Europe, including investors, developers, lenders, and advisers. More →

Business rates and employment costs for small firms need overhaul

Business rates and employment costs for small firms need overhaul

The Federation of Small Businesses (FSB) is calling on the Chancellor Sajid Javid to bring forward radical interventions to address an unprecedented long-term slump in small business confidence, slowing economic growth and a widening trade deficit when he publishes the 2019 Autumn Budget on 6 November. In a letter to the Chancellor, the group calls for a major reduction in business rates bills for small firms, as thousands struggle to stay afloat amid spiralling operating costs. More →

Making flippy floppy with the meaning of work

Making flippy floppy with the meaning of work

Great news! No, not the Brexit deal but the reports that the US has replaced the floppy disks it uses to store the information about its nuclear arsenal with something a bit less Nineties. If nothing else, a useful reminder that even the people responsible for a potential Armageddon might not be quite on board for the Fourth Industrial Revolution just yet, and are still coming to terms with the Third. More →

US firms dominate most desirable workplaces for tech workers

US firms dominate most desirable workplaces for tech workers

The BBC, Monzo and Skyscanner are the companies UK top tech talent wants to work for the most according to new research from Hired which has today released its annual Brand Health Report. However, despite the UK’s flourishing tech landscape, British business are not featured on the global list of the top 15 private or public companies indicating that UK brands are losing popularity. This is especially worrying at a time when 60 percent of London firms apparently anticipate a ‘Brexit Brain Drain’. More →

Three quarters of people want to work for a firm with a good reputation

Three quarters of people want to work for a firm with a good reputation

Ethical behaviourOver three quarters of people (76 percent) want to work for firms with a good reputation, according to the latest business reputation survey “Everyone’s Business” by the CBI, in collaboration with Porter Novelli and Opinium. Encouragingly, the reputation of business has improved since the last wave of the tracker in September 2018. Last year a series of events and scandals in the business community had a chilling effect on business reputation, but 2019 has seen this ‘reputational chill’ start to thaw, with a 4-point rise in those thinking business reputation is good (60 percent). More →

Artificial Intelligence will positively impact accountancy, according to accountants themselves

Artificial Intelligence will positively impact accountancy, according to accountants themselves

Artificial intelligence in the workplaceFor many, the thought of adopting artificial intelligence (AI) in the workplace is a daunting prospect. But it seems that the majority of chartered accountants believe it will, in fact, have a positive effect on the industry. According to research conducted by CABA, the charity supporting the wellbeing of chartered accountants and their families, 52 percent believe this to be the case, with 16 percent either unsure or predicating no impact at all. The same research also found that, more generally, the biggest bugbear for chartered accountants was the amount of work expected to be completed in the time available (41 percent). So, it’s encouraging that nearly 1 in 4 (25 percent) agree that AI will let humans add value elsewhere as robots take on more menial jobs. In addition, 17 percent stated that the adoption of AI/automation will increase productivity, with 11 percent also agreeing that it will reduce errors and improve attention to detail. More →

Coworking continues to reshape property markets worldwide

Coworking continues to reshape property markets worldwide

Epicenter Coworking Space in StockholmAgainst a global backdrop of diminishing business confidence and a weaker outlook for economic growth, a robust labour market in the world’s largest economies continues to underpin demand for office space with high employment levels prevalent across a number of major markets. Demand continues to be driven by the knowledge economy, with the coworking boom continuing to broaden its reach across major markets, forcing traditional landlords to adapt their offering in order to best accommodate existing and potential occupiers. More →

Firms need to place more value on older workers

Firms need to place more value on older workers

Older workers are now a key part of the workforceAs we live longer lives, it’s inevitable that more of us want to work for longer. It makes good business sense too: with fewer younger people starting work to replace those set to retire in future years, coupled with uncertainty over Brexit and labour shortages, employers can’t afford to lose older workers.

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Increase in non-EU workers eases skills challenge

Increase in non-EU workers eases skills challenge

The sharp increase in non-EU citizens coming to work in the UK has helped to ease recruitment difficulties for medium and high-skilled roles, according to new research from the CIPD and Adecco Group. Despite employment growing strongly over the past year, the number of applicants chasing each medium and high-skilled vacancy has fallen relatively modestly compared with the same period last year. However, the number of people applying for low-skilled roles has dropped by a fifth over the past year, suggesting that some employers may face significant recruitment challenges for skills in the coming months. These are the findings of the latest quarterly Labour Market Outlook from the CIPD and the Adecco Group, a survey of 2,104 employers which explores their pay and hiring intentions. More →

London occupiers mixing conventional and flexible offices

London occupiers mixing conventional and flexible offices

London occupiers are looking at various ways of occupying spaceAlthough London retains its status as the European capital of flexible offices and coworking, a new report from Colliers International claims that the capital is also enjoying above average demand for conventional office space, coupled with reduced footprints overall, as corporate occupiers seek to expand their businesses but without taking on property at the same rate. More →

Political chat dominates watercooler moments

Political chat dominates watercooler moments

Political chat gets heatedUK workers are becoming increasingly saturated with political chat with just under half (46 percent) claiming they’ve noticed a significant increase in discussions had by colleagues since the EU Referendum. Despite once being considered the ultimate professional faux pas, new research from Jobsite.co.uk claims that political chat has now entered our workplaces in a big way with 3 in 5 comfortable discussing political matters. More →

Construction industry prepares for a downturn

Construction industry prepares for a downturn

Construction industry bosses are reorganising their workforce in preparation for a potential downturn, with higher levels of sub-contracting and lower levels of direct employment, claims new research by the Federation of Master Builders (FMB). There was a decrease in employment levels among small construction firms with 21 percent of employers reporting a reduced workforce. Workloads for construction SMEs grew with 27 percent of employers reporting higher workloads. More →