Search Results for: financial services

Lab rats – how the UK life sciences sector is struggling to find space to work

Lab rats – how the UK life sciences sector is struggling to find space to work

by • Features, Premium Content, Property

The UK wants to build on its already successful position as a globally important player in the life sciences and pharma sectors. Yet it is struggling to create enough space for growth in the right places and having to rethink wher research and innovation takes place In November 2023, plans to turn part of a golf course next to a motorway into a £340 million science park were refused by South Oxfordshire District Council. Although now classified as greenbelt, the location was the site of a landfill as recently as the 1990s and is just a stone’s throw from both the A40 trunk road and M40 motorway. The developers are expected to appeal. Whatever the details of this story, it is an example of how challenging it can be to meet demand for lab and life sciences space in the so-called Golden Triangle of London, Oxford and Cambridge in the South of England. This lack of supply is acting as a brake on the UK Government’s dream of making the country a “science superpower”. More →

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

by • AI, Business, News, Technology

A quarter of CEOs intend to cut their headcounts by at least five percent "due to generative AIThe proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled. At the same time, the proportion of CEOs concerned about their long-term business viability has risen to 45 percent as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey. However the survey, published to coincide with the annual World Economic Forum jamboree in Davos, also reports that artificial intelligence will result in dramatic job losses in 2024 and beyond. A quarter intend to cut their headcounts by at least five percent “due to generative AI. More →

Overwhelming majority of businesses say waste management is important to minimise climate change

Overwhelming majority of businesses say waste management is important to minimise climate change

by • Environment, Facilities management, News

over four-fifths (85 percent) of UK businesses believe that recycling and waste management are essential in minimising the effects of climate changeA new poll from waste management company Biffa suggests that over four-fifths (85 percent) of UK businesses believe that recycling and waste management are essential in minimising the effects of climate change. Moreover, almost 9 in 10 (88 percent) see waste management as central to being a sustainable business. The survey of over 1000 UK business decision-makers, conducted by YouGov, explored attitudes towards sustainability and the circular economy. The results showcase the clear importance placed on waste management in the battle to combat climate change. More →

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

by • Environment, News

To facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectorsTo facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectors, according to a new World Economic Forum report. The Net-Zero Industry Tracker 2023, published in collaboration with Accenture, takes stock of progress towards net-zero emissions for eight industries – steel, cement, aluminium, ammonia, excluding other chemicals, oil and gas, aviation, shipping and trucking – which depend on fossil fuels for 90 percent of their energy demand and pose some of the most technological and capital-intensive decarbonization challenges. More →

Appetite for hybrid working shows no sign of letting up at large firms

Appetite for hybrid working shows no sign of letting up at large firms

by • Flexible working, News

companies have been posting hybrid working related roles in record numbers, according to a new report from GlobalDataThe ongoing advancements in technology have made remote collaboration more feasible and seamless than ever before. Collaboration tools have become essential in ensuring the coexistence of the digital and physical workplace, both internally with employees and externally with clients. And in 2023, companies have been posting hybrid working related roles in record numbers, according to a new report from GlobalData. More →

How digital platforms are revolutionising the outplacement experience

How digital platforms are revolutionising the outplacement experience

by • Company news

For the first time since the 2008/2009 financial crisis, redundancy rates have risen, and this trend looks set to continue throughout 2024. Just over 42 percent of employers (HR Director) are planning to make redundancies in a year that has already seen a string of high-profile companies announce job cuts. Businesses are reorganising, considering ideas such as outplacement, and the market landscape is changing in more ways than one. With a new wave of Gen Zs raising the bar for issues that matter to them, employers are now facing expectations that are different to that of Boomers. More →

Act now on retrofitting if you want to boost commercial property values, new report argues

Act now on retrofitting if you want to boost commercial property values, new report argues

by • News, Property

For European real estate owners and investors already on a journey to net-zero-carbon through retrofitting, upfront spending has the potential for long-term rent and capital-value accumulation, according to a new report from Colliers. Europe’s Renovation Wave [registration] explores the regulatory and societal pressures the authors claim is now driving an era of accelerated asset renovation, and the proactive actions investors, owners and occupiers can take to make sure their assets are not ‘left behind and stranded’ in the race to decarbonise the built environment by 2050. Retrofitting is also the subject of a special supplement published in the new issue of IN Magazine. More →

Advancing accessibility and reaping the rewards of disability inclusion

Advancing accessibility and reaping the rewards of disability inclusion

by • Comment, Facilities management, Workplace design

two people talking to illustrate the growing number of disabled people in self-employment disability inclusionIn business, companies have a responsibility to balance profit-driven strategies with wider social commitments. As well as being the right thing to do, a focus on the latter can invariably drive economic value. Companies that prioritise diversity, for instance, earn 2.5 times higher cash flow, while inclusive teams are 35 percent more productive. As a result, diversity in the workforce is now widely accepted to be both a moral necessity and a commercial opportunity, with more and more corporates incorporating DE&I policies into their operational frameworks. Despite this progress, the disability community is still largely excluded from these discussions around inclusion.  More →

Half of parents struggling for work life balance

Half of parents struggling for work life balance

by • Flexible working, News, Wellbeing

A new poll from AA Driving School suggests that around half (51 percent) of British parents find their job prevents them from finding a healthy work life balance, due to childcare and cost of living pressures.A new poll from AA Driving School suggests that around half (51 percent) of British parents find their job prevents them from finding a healthy work life balance, due to childcare and cost of living pressures. Increases to the cost of childcare have driven UK parents to work either additional hours in their current job (18 percent) or even take another job (12 percent) to financially support their family. More →

The importance of an office location in business

The importance of an office location in business

by • Company news, Property

Your office location can have a significant impact on your price points, accessibility, and your competitionWith thousands of businesses converting to online commerce, the importance of an office or storefront is often overlooked. While internet commerce is undoubtedly at an all-time high, millions of consumers still shop and do business with brick-and-mortar companies. Your business location can have a significant impact on your price points, accessibility, and your competition. Where you set up your shop should be one of the most carefully considered aspects of opening your business. Office location is truly everything when it comes to business success. 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 →

Retrofitting buildings essential to reduce energy costs and combat the global energy crisis

Retrofitting buildings essential to reduce energy costs and combat the global energy crisis

by • Environment, News, Property

A tree lined street to illustrate the green benefits of retrofitting buildingsA new report from JLL claims that rising energy costs are expediting the move toward more efficient buildings. JLL’s Retrofitting Buildings to be Future-Fit research suggests that net-zero carbon (NZC) intervention measures directly impact a building’s bottom line and that failing to decarbonise leads to significant financial risk. For many buildings, meeting 2050 decarbonization targets put forward in the Paris Climate Agreement is grounded in retrofitting current spaces, which can also garner higher rents, reduce financial risk and generate higher occupancy rates and tenant satisfaction. More →

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