June 19, 2019
The London Office of Innovation and Technology (LOTI) has been officially launched, ushering in what the fifteen councils behind the initiative claim will be a new era of digital transformation. The councils claim that London’s public services will benefit from faster adoption of technology, data and digital skills. The city-wide venture is a collaboration between all 32 London boroughs with the Mayor of London’s backing.
June 14, 2019
According to the 2019 Vitality Index by Lambert Smith Hampton, Edinburgh is the city with the best prospects for UK economic growth, with Cambridge and Manchester coming in second and third place, despite the UK’s uncertain economic and political environment. Compiled every year, The Vitality Index claims to provide a comprehensive assessment of the health of UK towns and cities, considering education, entrepreneurialism, affluence, productivity, growth and environmental factors.
May 23, 2019
Today, the World Green Building Council’s European network, in collaboration with eight cities and partners announced the launch of Build Upon, the next phase of what it claims is the world’s largest collaborative project on building renovation. With cities across the world declaring climate emergencies and climate action high up on the agenda for the European elections, this European Union (EU) funded project will empower cities across Europe to join forces with national governments and industry to decarbonise their existing building stock by 2050 and so increase the proportion of low carbon building across Europe. (more…)
May 21, 2019
Cities with tech innovation-oriented cultures have a strong competitive advantage amongst those investing in commercial real estate, claims a new report from JLL (registration). Of 109 cities analysed, the nine leading global markets – Boston, London, New York, Paris, San Francisco, Seattle, San Jose, Sydney and Tokyo, accounted for around 37 percent of total annual real estate investment volumes over the past decade. Like real estate investors, corporate occupiers also search for locations that have advanced innovation ecosystems, the report suggests. These cities sustain highly skilled workforces and are best placed to succeed in the future.
May 16, 2019
More than a third (37 percent) of employees aged 45 and over believe that age discrimination is an issue where they work, according to a new analysis from Aviva. Those aged 55 to 59 feel this most strongly (41 percent). One in five (19 percent) feel younger colleagues are favoured over older generations, while 19 percent believe their age has become a barrier to career progression and development. However, over half (53 percent) of employees aged 60 and over are not ready to retire, increasing to 61 percent for people still working past the age of 65. (more…)
May 10, 2019
A 334,000 (63 percent) rise in highly-skilled female freelancers has driven the UK’s freelance revolution over the last 10 years according to new research from IPSE, the Association of Independent Professionals and the Self-Employed. The increase takes the number of senior-level women freelancing in the UK to 863,000. The professions that saw the largest rises since 2008 were health, the arts and media, and functional directors within companies. Alongside the increase in senior-level women, the number of mothers freelancing increased by 80 per cent. (more…)
May 9, 2019
According to a RICS global survey of Commercial and Construction market professionals, in the UK, 47 percent of respondents reported that climate change risks are not important or irrelevant for investors. In addition, while 25 percent reported that there is more interest in energy efficient buildings than two years ago, 37 percent noted that investment into energy efficient buildings was limited to niche investors. The study concludes that it still appears that other considerations take precedence in the UK for investors, and the UK is lagging behind China and Hong Kong in this area, where 41 percent reported that energy efficient buildings are increasingly seen as an attractive form of investment. The issue of responsible investment, will be being discussed on the 13 and 14 May at the RICS World Built Environment Forum, Summit in New York. (more…)
May 1, 2019
It’s no surprise to say that technology is having a significant impact on the workplace and the use of corporate real estate. The fast pace of change has seen technology impact all aspects of business, government and culture, as well as personal life, with a constant flow of new innovations and solutions helping us to do things more quickly and efficiently. Equally, technology also provides a challenge to business and, more specifically, corporate operations, with a whole array of disruptive technologies.
April 30, 2019
Despite the government’s pledge to keep and strengthen workers’ rights in a post-Brexit world, research from the CIPD has revealed that over a quarter (26 percent) of British employees have expressed job anxiety. Simultaneously, a recent article from the Guardian also states that 64 percent of people believe the stress caused by Brexit is bad for their mental health. (more…)
April 26, 2019
As urban world is moving towards the developing world, GlobalData, a data and analytics company, forecasts that 88 percent of the world megacities will be based in the developing economies of Asia, Europe & Central Asia, Latin America and Middle East & Africa by 2025. Out of 44 megacities in the developing world, GlobalData has identified 26 that will outperform developed cities by 2025. The company forecasts that the share of emerging cities to the world’s gross domestic product (GDP) will increase from 7.2 percent in 2018 to 8.3 percent in 2025 while the share of developed cities to the world GDP will decline from 8.1 percent to 6.8 percent during the period.
April 24, 2019
Not-for-profit, wellbeing provider Westfield Health has launched an online initiative to support workplace health and wellbeing which will educate employers across the UK on how they can make a positive difference within their organisation. With over half (54 percent) of businesses reporting that they don’t have any measures in place to support the health and wellbeing of their staff, The Orange Table will offer HR Directors and business owners free webinar and educational content to help improve workplace culture and in turn the performance of their employees. (more…)
April 17, 2019
Bristol has the lowest vacancy rate for Grade A offices amongst the UK’s leading Big 6 cities, reflecting strong demand combined with a shortage of high quality commercial space, according to new figures published by property consultants JLL. Although the city and region’s reputation for talent and innovation has so far countered the shortage of space, with inward investors citing access to a highly skilled, graduate workforce as one of the main reasons for relocation, JLL is warning that more needs to be done to ensure Bristol continues to attract investment. (more…)
