Search Results for: business

Business leaders bemoan slow progress on ‘Europe’s Silicon Valley’

Business leaders bemoan slow progress on ‘Europe’s Silicon Valley’

by • Cities, News, Property

The government has positioned the so-called OxCam growth corridor as a central plank of its economic strategy, with Chancellor Rachel Reeves describing it as having the potential to become (inevitably) Europe’s Silicon Valley.Britain’s ambition to turn the Oxford–Cambridge corridor into a globally competitive technology and life sciences hub is facing renewed scrutiny as business leaders warn that delays to infrastructure risk undermining investor confidence, even as ministers restate their commitment to accelerated delivery. The government has positioned the so-called OxCam growth corridor as a central plank of its economic strategy, with Chancellor Rachel Reeves describing it as having the potential to become (inevitably) Europe’s Silicon Valley. The plan centres on better connecting Oxford and Cambridge, stimulating housing delivery and encouraging high-value research, technology and manufacturing to scale across the region. (more…)

The role of local businesses in promoting mental health and wellbeing

The role of local businesses in promoting mental health and wellbeing

by • Company news, Wellbeing

Once seen as an individual responsibility, mental health is now recognised as a shared, community wide issue.Across the UK and over recent years, there has a change in how the general public views mental health and wellbeing. Once seen as an individual responsibility, mental health is now recognised as a shared, community wide issue. Our mental health is both our individual and collective responsibility and requires effort from family members, workplaces and organisations. For many, the workplace is where they spend most of their time. For others, local cafés, gyms, hairdressers, or local shops are their daily social spaces. These are the places that people connect, relax, and interact with other people. It’s in these spaces that local businesses have a unique power to influence how people think and feel as well as their mental health. (more…)

Time to admit we were wrong about Canary Wharf and other business districts

Time to admit we were wrong about Canary Wharf and other business districts

by • Features, Flexible working, Property

There was a time during and after the pandemic when it looked like time was up for the world’s major business districts. For a start Canary Wharf looked like it would need to completely reinvent itself as firms started to relocate to smaller more central premises. Instead of housing tenants such as HSBC it would focus on becoming a mixed-use space with more homes and leisure facilities. Hell, we even published a feature setting that all out ourselves. But it’s funny how things turn out. The latest news is JP Morgan’s announcement of a vast new headquarters building in the area. The bank, already one of the largest employers in the UK financial sector, has confirmed plans for a three million sq ft tower on the waterfront that will accommodate 12,000 staff and represent an investment estimated at £3 billion. (more…)

Uber for Business

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World’s business districts regain strength but face ongoing challenges

World’s business districts regain strength but face ongoing challenges

by • News, Property

The world’s major business districts are recovering their appeal after the disruption of Covid-19, according to new research from EY and the Urban Land Institute (ULI). The 2025 Global Business Districts Attractiveness Report shows that nearly two thirds of surveyed stakeholders now consider these districts more attractive than before the pandemic. The study assesses 30 leading districts across Europe, North America and Asia using 2,400 data points measuring macroeconomic performance, talent, real estate, innovation and sustainability. The findings suggest that long-established hubs retain their dominance, with Midtown Manhattan, the Financial District in New York, Tokyo Marunouchi, Paris La Défense (pictured) and the City of London occupying the top five positions. Collectively, the districts generate USD 4.5 trillion in annual GDP and provide more than seven million jobs. (more…)

Business leaders are told to move fast and break things. But sometimes they shouldn’t

Business leaders are told to move fast and break things. But sometimes they shouldn’t

by • Business, Comment

Business leaders are often told to embrace uncertainty, shake things up, and move fast. But this mantra masks the dangers of disruption, which can just as easily harm as help.Business leaders are often told to embrace uncertainty, shake things up, and move fast. But this mantra masks the dangers of disruption, which can just as easily harm as help. In recent research with Richard Haynes, Ingo Marquart, and Hai Anh Vu, we examined a disruptive leadership approach called “annealing.” My summary view: Although annealing can prompt change and innovation, most leaders should pause and reflect before trying. (more…)

Growing number of businesses want people back in the office, but not in all sectors

Growing number of businesses want people back in the office, but not in all sectors

by • Flexible working, News

Over two fifths (41 percent) of businesses have emphasised the need for people to work in a physical workspace such as an office over the past year, according to a new pollOver two fifths (41 percent) of businesses have emphasised the need for people to work in a physical workspace such as an office over the past year, according to a new poll from the British Chambers of Commerce (BCC). While most of the firms (67 percent) who require onsite working say it hasn’t impacted recruitment or retention, one in ten relevant businesses (9 percent) have seen staff leave in response. (more…)

Business rates hike could cost London office occupiers £432 million more from 2026

Business rates hike could cost London office occupiers £432 million more from 2026

by • News, Property

Office-based businesses across Central London could face a steep increase in business rates from April 2026, according to new research by property consultancy Colliers.Office-based businesses across Central London could face a steep increase in business rates from April 2026, according to new research by property consultancy Colliers. The analysis suggests that occupiers of prime office space may collectively see bills rise by £432 million, bringing total business rates liabilities to £5.23 billion—a 9 percent increase on current levels. Colliers examined 27 Central London areas, focusing on Grade A office spaces over 10,000 sq ft, to assess the expected financial impact of the 2026 Rating Revaluation. The forecast draws on changes in rental values between April 2021 and April 2024 and anticipates a higher business rates multiplier for properties with rateable values (RVs) above £500,000. (more…)

Half of company directors think their board is of no value to the business

Half of company directors think their board is of no value to the business

by • Business, News

Almost half (46 percent) of company directors in the US and UK think their boards do not add enough value to their organisation. according to the Board Value Index from Board Intelligence.Almost half (46 percent) of company directors in the US and UK think their boards do not add enough value to their organisation, according to the Board Value Index from Board Intelligence. The Board Value Index is based on responses from more than 200 executive and non-executive directors from companies with over $50 million in turnover across the UK and US. Almost a third (31 percent) of directors surveyed said that their board adds no value at all, with half of that group believing their board is actively holding their organisation back. (more…)

How BPO enables business flexibility in rapidly changing global markets

How BPO enables business flexibility in rapidly changing global markets

by • Business, Company news

What was once viewed as a cost-cutting tool, BPO has evolved into a strategic advantage, providing businesses with the flexibility they require to remain competitive and resilient during volatile periods.Global markets are changing at an unprecedented rate due to economic uncertainty, shifting consumer behavior, and technological breakthroughs. Businesses must be agile and able to adapt to market changes. This is where Business Process Outsourcing (BPO) comes in. What was once viewed as a cost-cutting tool has evolved into a strategic advantage, providing businesses with the flexibility they require to remain competitive and resilient during volatile periods. (more…)

Half of businesses who have made people redundant in favour of AI think they may have messed up

Half of businesses who have made people redundant in favour of AI think they may have messed up

by • AI, News, Technology

A new poll from Orgvue claims that 39 percent of business leaders who have deployed AI in their firms have already made employees redundant. Of those, 55 percent think there's a good chance they made wrong decisions about those redundancies.A new poll from Orgvue claims that 39 percent of business leaders who have deployed AI in their firms have already made employees redundant. Of those, 55 percent think there’s a good chance they made wrong decisions about those redundancies. Orgvue first conducted its international survey of 1,000 C-suite and senior decision makers at medium and large organisations in 2024. This year, the research highlights what Orgvue says is growing caution in deploying artificial intelligence and acknowledgment that businesses need to reskill people to work with the technology. (more…)

If you want your business to grow, become a digital leader

If you want your business to grow, become a digital leader

by • Business, Comment, Technology

The takeaway from research is clear: investing in becoming a digital leader fuels business success.How often does your organisation really challenge its approach to digital? A recent report from Virgin Media O2 Business in partnership with Cebr revealed a gap in progress between tech adopters and non-adopters. The average tech-adopting ‘digital leader’ saw a 12 percent turnover growth and 9 percent headcount growth between 2021 and 2023. This was double that of slower-adopting ‘digital followers’, with 6 percent turnover and 3 percent headcount. (more…)

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