Search Results for: financial

Businesses planning major investments into Generative AI to increase productivity

Businesses planning major investments into Generative AI to increase productivity

firms are planning major investments into generative AI technologies to drive increases in productivity, but are still being cautious about their impact.A new report from Cognizant and Oxford Economics New Work, New World: Quantifying Global Gen AI Momentum suggests that firms are planning major investments into generative AI technologies to drive increases in productivity, but are still being cautious about their impact. Additionally, 76 percent of businesses say they are looking to leverage the technology to create new revenue streams, while 58 percent are incorporating revenue increases into their business cases. More →

Chancellor to accelerate the sale of public buildings to plug budget gap

Chancellor to accelerate the sale of public buildings to plug budget gap

Chancellor Rachel Reeves is set to announce significant measures aimed at reducing government spending and optimising public sector assets including public buildingsIn an effort to tackle the fiscal challenges and balance the UK’s budget, Chancellor Rachel Reeves is set to announce significant measures aimed at reducing government spending and optimising public sector assets including public buildings, today. Reeves will lay out her plans in her first major speech as chancellor, where she will highlight what she describes as a £20 billion gap in government spending, attributing it to the economic mismanagement of the previous government. More →

HLW announces London leadership changes

HLW announces London leadership changes

Global architecture and design firm HLW has announced changes to its London Management Team to support growth across the UK and Europe. These leadership changes come off the back of significant new business wins and reflect the firm’s ambitious plans. More →

If you offer people universal basic income, they work less but have more choice, study finds

If you offer people universal basic income, they work less but have more choice, study finds

A new study from the Open Research Lab found that while unconditional cash transfers such as universal basic income slightly reduced employment rates and work hours, they increased the financial stability and agency of recipientsA new study from the Open Research Lab found that while unconditional cash transfers such as universal basic income slightly reduced employment rates and work hours, they increased the financial stability and agency of recipients. People were 2 percent less likely to be employed and worked 1.3 fewer hours weekly but had higher incomes when including the cash transfers. The financial support allowed individuals to pursue education, caregiving, health improvements, and more meaningful work. Overall, cash transfers provided recipients with the flexibility to make employment decisions aligned with their personal goals and circumstances. More →

HSBC Headquarters in Canary Wharf to undergo major transformation

HSBC Headquarters in Canary Wharf to undergo major transformation

This morning, the Canary Wharf Group (CWG) announced plans to reimagine the iconic buildingIn a significant redevelopment move, 8 Canada Square, currently the headquarters of HSBC, is set to be transformed into a modern multi-use skyscraper once the bank vacates its Canary Wharf location in 2027. The global banking giant will relocate to the Square Mile as part of a company refresh, prompting an overhaul of its existing headquarters. This morning, the Canary Wharf Group (CWG) announced plans to reimagine the iconic building into a state-of-the-art space encompassing workspaces, leisure, entertainment, and educational facilities. The building is wholly owned by the Qatari sovereign wealth fund (QIA), with CWG serving as the development partner. More →

The city and the office have much to teach each other

The city and the office have much to teach each other

It’s common to hear people say that the boundaries between the traditional workplace and the outside world have become blurred but it might be closer to the truth to say that in a growing number of cases they have been eradicated and that the evolution of cities and offices is informed by a two way exchange of DNA. Whatever you might hear, these times are far from unprecedented. History has lessons for us both in terms of how we view the events of 2020 and how we might respond to them, including how we progress as a species and make our lives and the world a better place. In 1832, there was an epidemic of cholera in the UK’s towns and cities. In those with a population of 100,000 or more life expectancy was just 26 years. The reasons for this were picked up on by a government official called Edwin Chadwick as a member of the Poor Law Commission.   More →

Four day work week campaigners launch new project in wake of successful pilot

Four day work week campaigners launch new project in wake of successful pilot

Campaigners advocating for a four day work week are gearing up for a fresh pilot project aimed at promoting flexible working practices.Campaigners advocating for a four day work week are gearing up for a fresh pilot project aimed at promoting flexible working practices. The initiative is set to launch in November, with participating companies currently being invited to sign up. The findings from this project will be presented to the government in the summer of 2025. The push for a four-day working week, notably with no reduction in pay, has gained significant traction in recent years, particularly following the Covid-19 pandemic which reshaped workplace expectations. In 2022, a previous UK pilot saw 61 companies participate, and 54 of them continued the practice a year and a half later. Similar initiatives have also been conducted in Germany, Portugal, Spain, and Iceland. More →

Top careers with a master’s degree in public health

Top careers with a master’s degree in public health

Choosing to pursue a master’s degree in public health can open doors to a dynamic range of career opportunities that contribute meaningfully to society. These careers span across various facets of health, including data analysis, policy development, and direct community intervention. With the increasing complexity of public health challenges, professionals with advanced degrees are more in demand than ever. Individuals equipped with a higher level of knowledge and expertise are poised to take leadership roles in tackling these challenges head-on. In this article, we will discuss the promising career paths that a Master’s in Public Health can lead to. More →

Greece goes against the flow by opting for a six day working week

Greece goes against the flow by opting for a six day working week

While countries around the world are exploring the idea of shorter work weeks, Greece has taken what many people may think is a surprising step in the opposite directionWhile countries around the world are exploring the idea of shorter work weeks, Greece has taken what many people may think is a surprising step in the opposite direction. In an effort to boost productivity, the country has implemented a mandatory six-day workweek for certain employees. More →

A new renaissance in leading change at the most disruptive time in history

A new renaissance in leading change at the most disruptive time in history

We need to seek answers that are not the status quo or at least go beyond the status quo when it comes to leading changeLast January, we talked about the three biggest disrupters of our time: technology, UN sustainability goals, and societal shifts. These three disrupters have put us at a cultural crossroads we have not experienced for 100 years. As a result, we need to think differently when it comes to decisions about leading change. The world will not look, feel or be the same in 10 years time – we will not interact and live the same as we do now. The world will be very very different. According to Dex Hunter Torricke, “The next 10 years are going to be the most disruptive we have ever experienced.” More →

Save the Knowledge Worker – insights and strategies for remote-work success

Save the Knowledge Worker – insights and strategies for remote-work success

Kolekti’s new Save the Knowledge Worker reportUndoubtedly, the remote work revolution is in full swing. But it’s messy. Kolekti’s new Save the Knowledge Worker report found a colossal 96 percent of workers desire some form of remote work, and one in three employees is willing to quit if forced to return to the office full-time. And yet, which business leader can say their organisation has perfected the strategy for remote work? Most are still experimenting, tinkering, and tweaking. Even the end destination may be unclear for some. More →

Office market upheaval means uncertain times for landlords

Office market upheaval means uncertain times for landlords

The UK office market is facing a period of significant upheaval, according to a new survey commissioned by workspace provider infinitSpaceThe UK office market is facing a period of significant upheaval, according to a new survey commissioned by workspace provider infinitSpace. The research paints what it says is a concerning picture for landlords, with a sizeable portion battling financial strain and even potential closure. Over 14 percent of the 250 surveyed landlords fear their office buildings could shut down within the next five years due to affordability concerns. More →