Search Results for: finance

People are worried about the impact of new tech, but many feel confident it will benefit them

People are worried about the impact of new tech, but many feel confident it will benefit them

by • AI, News, Technology

With over a third (36 percent) of workers concerned about the impact of technological changes and what this might mean for them, a new report from Virgin Media O2 Business claims that many people believe new tech will offer them a better work-life balance. According to the report, the pandemic accelerated remote and hybrid work, mostly benefitting desk-based workers. Meanwhile, deskless workers like teachers, nurses and engineers saw limited long-term change despite many organisations comprising both types of workers. More →

Women value work-life balance more than men – unless they are a manager

Women value work-life balance more than men – unless they are a manager

by • News, Wellbeing

Women value their work-life balance much more than men do when at a junior-level on average, but not at the managerial-level, according to new researchWomen value their work-life balance much more than men do when at a junior-level on average, but not at the managerial-level, according to new research by Durham University Business School. The researchers also found that women on the whole were much less satisfied within their job roles than male colleagues who held the same positions. More →

Most business leaders think generative AI will be a boon for employees

Most business leaders think generative AI will be a boon for employees

by • AI, News, Technology, Workplace

Four out of five (81 percent) business leaders in the UK say Generative AI will benefit their employees, according to new research from LinkedInFour out of five (81 percent) business leaders in the UK say Generative AI will benefit their employees, according to new research from LinkedIn. The top ways that UK executives believe Generative AI will benefit employees is by removing boring, repetitive tasks (64 percent), increasing productivity (52 percent) and freeing up time for bigger and more creative thinking (59 percent), according to the poll. One in three (31 percent) also believe that the rise of Generative AI will create brand new roles at their organisation. More →

Oscillate wildly between the death of the office and the death of hybrid working

Oscillate wildly between the death of the office and the death of hybrid working

by • Comment, Flexible working

The media's twisting between the death of the office and the death of hybrid working shows we've reached a point of equilibriumIt’s March 2020, very early days of lockdowns and the first catastrophising headlines appear. Is this the death of the office? Is this the death of handshakes? Is this the death of the open plan? I dismissed them at the time in this piece from March the 19th, citing Betteridge’s Law which states: “any headline that ends in a question mark can be answered with the word no”. More →

Prime office rents in London’s West End continue to rise in response to growing demand

Prime office rents in London’s West End continue to rise in response to growing demand

by • News, Property

BNP Paribas Real Estate has predicted that super prime office rents in London’s West End could hit £300 per sq ft by December 2024, as it says demand continues to outstrip the constrained supply of spaceBNP Paribas Real Estate has predicted that super prime office rents in London’s West End could hit £300 per sq ft by December 2024, as it says demand continues to outstrip the constrained supply of space. The prediction has been made on the basis of evidence shared by an expert at the firm. BNP Paribas Real Estate West End office agent Simon Knights claims that lettings could see rents for super prime office stock reach highs of “up to £300 per square foot by December 2024” as demand continues to outstrip constrained supply. More →

Firms are throwing resources at AI knowing they are likely to fail

Firms are throwing resources at AI knowing they are likely to fail

by • AI, News, Technology

three quarters of UK businesses are gearing up to invest in AI over the next 12 months without really knowing what they are doingDespite a recent track record of failure when implementing digital strategies, more than three quarters of UK businesses are gearing up to invest in artificial intelligence over the next 12 months without really knowing what they are doing. Nearly three-quarters (73 percent) admit to being ill-prepared for the integration of the technology into their operations, according to new survey. The report [registration] from tech consultancy Infinum  suggests that over two-thirds of UK businesses that invested in digital products over the past five years have faced failure and are about to invest in AI knowing of their own poor track record. More →

Projects from Portugal, Belgium and France winners of the 2023 ULI Europe Awards for Excellence   

Projects from Portugal, Belgium and France winners of the 2023 ULI Europe Awards for Excellence   

by • Architecture, Company news

Three built environment projects that have, respectively, restored an historic market building in Porto, delivered 182 individual school projects in Flanders, and created a hybrid, mixed use flagship development in Paris, have been announced as winners in the 2023 Urban Land Institute (ULI) Europe Awards for ExcellenceThree built environment projects that have, respectively, restored an historic market building in Porto, delivered 182 individual school projects in Flanders, and created a hybrid, mixed use flagship development in Paris, have been announced as winners in the 2023 Urban Land Institute (ULI) Europe Awards for Excellence. The awards set out to recognise outstanding built environment projects in the private, public, and non-profit sectors, celebrating excellence in land use practice across the entire development process, from planning and construction to economics, management, sustainability and resiliency, community impact, and architecture and design. More →

New study reveals deteriorating employee wellbeing and eroding trust in employer efforts

New study reveals deteriorating employee wellbeing and eroding trust in employer efforts

by • News, Wellbeing • Tags: ,

WellbeingA new study from Alight reveals that 64 percent of the UK workforce would rate their overall wellbeing as low. This comes at a time where economic headwinds, budget cuts and remote work has created a feeling of uncertainty in the UK workforce, heightening the urgency for employers to act fast or compromise employee wellbeing.

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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 →

Working from home won’t last forever… will it?

Working from home won’t last forever… will it?

by • Comment, Flexible working, Technology

The so-called return to office and pushback on  working from home seems to be the must-talk topic on workplace strategy right nowHave we all gone a little OTT on RTO? The so-called return to office and pushback on  working from home seems to be the must-talk topic on workplace strategy right now; a heated debate ignited by Zoom’s recent call to reduce remote working days for its employees.  Many have been surprised at how polarising this decision has become. Who would have thought that a global business asking employees to work from the office two days a week could cause such controversy? Even if that business does specialise in video calls for remote work? More →

Scottish government to trial public sector four day week

Scottish government to trial public sector four day week

by • Flexible working, News

After twelve months, if the trial proves successful, the four day week scheme could be extended to include a wider range of central government bodies, councils and quangosThe Scottish government is to trial a four day working week for many civil servants. The experiment is set to last for a year and a number of departments and public sector bodies have been invited to take part. After twelve months, if the trial proves successful, the four day week scheme could be extended to include a wider range of central government bodies, councils and quangos. More →

Growth of serviced office market doesn’t mean it has bounced back

Growth of serviced office market doesn’t mean it has bounced back

by • Flexible working, News, Property

An analysis of the UK serviced office market from Sirius Property Finance, claims that while the sector is set to grow by 17 percent in 2023, a growing acceptance of remote working means it is still struggling to match its pre-pandemic highs.An analysis of the UK serviced office market from Sirius Property Finance, claims that while the sector is set to grow by 17 percent in 2023, a growing appetite for remote working means it is still struggling to match its pre-pandemic highs. More →

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