Search Results for: economic

UK Government grants Crown Estate new investment powers to drive growth

UK Government grants Crown Estate new investment powers to drive growth

by • News, Property, Technology

New powers enable the Crown Estate to invest up to £1.5 billion over the next 15 years in sectors such as clean energy, infrastructure, and digital technologiesThe UK government has introduced a new bill to update the Crown Estate Act of 1961 which will grant the Crown Estate new investment powers. Officials claim this will stimulate economic growth and increase returns for taxpayers. According to the government, these new powers enable the Crown Estate to invest up to £1.5 billion over the next 15 years in sectors such as clean energy, infrastructure, and digital technologies. More →

Global real estate markets grow (very cautiously) optimistic

Global real estate markets grow (very cautiously) optimistic

by • News, Property

The global real estate sector thinks it is close to ending a three-year journey to recovery, with a widely held view that 2025 may breakthrough to a ‘reset point’ or commence a new cycle. Even so, real estate leaders globally are braced for another challenging year of uncertaintyThe global real estate sector thinks it is close to ending a three-year journey to recovery, with a widely held view that 2025 may breakthrough to a ‘reset point’ or commence a new cycle. Even so, real estate leaders globally are braced for another challenging year of uncertainty, with lingering inflation, largely driven by factors including geopolitical instability, and persistently higher interest rates in some regions, potentially delaying a hoped-for recovery in capital markets and occupancy metrics. This is according to the Emerging Trends in Real Estate Global Outlook 2025 from PwC and the Urban Land Institute (ULI), which provides an important gauge of global sentiment for investment and development prospects, amalgamating and updating three regional reports which canvassed thousands of real estate leaders across Europe, the United States and Asia Pacific. More →

More employees than ever say that they are engaged with what they do

More employees than ever say that they are engaged with what they do

by • Flexible working, News, Wellbeing

More employees than ever say that they are engaged with what they doNearly one in five employees worldwide reported being fully engaged on the job, a record high going back a decade according to polling in ADP Research’s People at Work 2025 report. It was the third straight year that the share of engaged workers grew, according to the survey. The study claims there is a strong relationship between work location and employee engagement. While 56 percent of the 38,000 employees surveyed worldwide say they work on-site every day (up 2 points compared to last year and up 8 percentage points compared to 2022), only 12 percent work exclusively remotely (down 1 percentage point) and 32 percent work in hybrid mode (down two percentage points compared to last year). More →

A better focus on workplace wellbeing could add around £1 billion to UK economy, report claims

A better focus on workplace wellbeing could add around £1 billion to UK economy, report claims

by • News, Wellbeing

The commission's report on workplace wellbeing argues that a proactive and preventive approach to employee health could prevent at least 100,000 people from exiting the workforce over the next five years, potentially saving the government over £1 billion during this period.Enhancing support for individuals with health conditions to remain in employment could lead to significant economic benefits for the United Kingdom, according to a new report from the Commission for Healthier Working Lives. The commission’s report on workplace wellbeing argues that a proactive and preventive approach to employee health could prevent at least 100,000 people from exiting the workforce over the next five years, potentially saving the government over £1 billion during this period. More →

An AI divide risks growth for many organisations, new Microsoft research claims 

An AI divide risks growth for many organisations, new Microsoft research claims 

by • AI, News

An opportunity to boost the UK’s economy and improve public services could be at risk if too many organisations don't act on AIAn opportunity to boost the UK’s economy and improve its public services in ‘the coming age of agentic AI’ could be at risk if too many organisations remain ‘stuck in neutral’ on artificial intelligence, ?according to?new research?commissioned by Microsoft. The study, led by Dr Chris Brauer at Goldsmiths, University of London, claims that the highest performing businesses and most productive public sector organisations have a clear strategy in place and are preparing for the next wave of the technology – which the report refers to as agentic AI.?1 More →

UK Government set to ditch ‘right to switch off’ and make concessions on other employment rights

UK Government set to ditch ‘right to switch off’ and make concessions on other employment rights

by • News, Wellbeing, Workplace

The government is set to abandon plans to introduce a legal right for employees to “switch off” outside working hoursThe government is set to abandon plans to introduce a legal right for employees to “switch off” outside working hours, in a move aimed at easing the burden of Labour’s employment reforms on businesses. The policy was a key element of Sir Keir Starmer’s pledge to establish a “new deal for working people.” Although it was not included in the Employment Rights Bill currently passing through Parliament, ministers had previously committed to implementing a right to switch off in the future. More →

We may think we are pretty aware of the effects of AI. But posterity may draw different conclusions

We may think we are pretty aware of the effects of AI. But posterity may draw different conclusions

by • AI, Comment, Wellbeing

Artificial Intelligence (AI) is reshaping the world around us at breakneck speed, unlocking opportunities we could not have even imagined a few years ago. But with its potential comes an immense set of challenges. How we handle this transformation will define the future of our workplaces, economies, and societies. Recent events, including Trump’s revocation of Biden’s executive order addressing AI risks, Labour’s ambitious plans to integrate AI across the UK, and Facebook’s unsettling U-turn on content moderation, highlight the urgent need for businesses to take an ethical, informed, and responsible approach to AI adoption. More →

We need to address the UK’s creative skills shortage 

We need to address the UK’s creative skills shortage 

by • Comment, Workplace

With the right investments in skills, tools, and training, the UK can continue to lead the world in creativity and cultural influenceThe UK’s creative industries, from film and television to the dynamic video game sector, are cultural flagships and economic cornerstones. Valued at £125 billion annually, the creative industries are named one of the UK government’s eight growth-driving sectors in its Industrial Strategy. Yet, a significant obstacle looms over their continued success: a persistent and growing skills shortage. This gap threatens to stifle innovation and global competitiveness, particularly in the booming video game industry. More →

CIFF Guangzhou creates a new ecosystem of sustainable office and commercial space

CIFF Guangzhou creates a new ecosystem of sustainable office and commercial space

by • Company news

After the remarkable success of the March 2024 edition, CIFF Guangzhou is preparing to unveil an even more innovative chapter in March 2025, welcoming global furniture industry leaders to the Canton Fair ComplexAfter the remarkable success of the March 2024 edition, CIFF Guangzhou is preparing to unveil an even more innovative chapter in March 2025, welcoming global furniture industry leaders to the Canton Fair Complex, with the Office and Commercial Space sector poised to redefine workplace environments for the future. The timing of the 55th CIFF Guangzhou 2025 aligns perfectly with the global office furniture market’s exceptional growth, projected to reach $66.1 billion in 2024 and expand to $99.3 billion by 2029, driven by rapid economic growth, urbanization, and increasing renovation projects worldwide. More →

The constant craving to put numbers on working relationships

The constant craving to put numbers on working relationships

by • Features, Workplace design

The answer to the great question of life, the universe and everything is not 42, as you may have been led to believe. It’s 1/137 (or near enough). This is the greatest of the two dozen or so universal constants. According to current thinking, without the physical and quantum relationships it describes, the universe as we know it could not exist. More →

People say they are more distracted by online meetings than those carried out in person

People say they are more distracted by online meetings than those carried out in person

by • News, Workplace

A new poll conducted by the London conference and events venue, The QEII Centre, claims that the economic value of distraction during meetings has risen to an estimated £20.7 billion per year, partly as a result of the shift to online meetingsA new poll conducted by the London conference and events venue, The QEII Centre, claims that the economic value of distraction during meetings has risen to an estimated £20.7 billion per year, partly as a result of the shift to online meetings. Based on a survey of over 1,000 UK desk-based workers, the research set out in the new report builds on findings from The QEII Centre’s inaugural 2023 Distracted Economy report. It claims that the cost of distraction in online and face-to-face meetings and events has increased from £19.9 billion in 2023 to £20.7 billion. In The QEII Centre’s latest Distracted Economy report, 80 percent of desk-based workers admit to losing concentration during meetings. Just over half (55 percent) say they are more likely to be distracted in online meetings compared to 16 percent for in-person meetings and 27 percent who find both equally distracting. More →

Forget all the talk of Blue Monday; work is still (largely) good for us

Forget all the talk of Blue Monday; work is still (largely) good for us

by • Comment, Facilities management, Wellbeing, Workplace

blue mondaySo here it is. Blue Monday. Today. Officially the most depressing day of the year. We say ‘officially’, but like the idea of ‘Body Odour’ its common usage hides the fact that it was originally created as part of a PR campaign, in this case one for Sky’s travel channel in 2005. The whole idea of Blue Monday is couched in a pseudo-mathematical equation which includes factors like the weather, levels of debt, time since Christmas, low levels of motivation and, apparently, an unspecified variable known simply as ‘D’. More →

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