Search Results for: economy

October 24, 2018

Commercial property uptake shows finance sector remains committed to London

Undeterred by political and economic headwinds in recent years, London remains a world leading financial centre and is by far the most active centre in Europe, according to the latest research from global real estate advisor CBRE. According to the report, 1.1 million people were employed in the UK financial services sector in 2017, of which 34 percent were in London. The industry contributed £119bn to the national economy (7% of UK GDP) – half of this was generated by London, where it accounted for 14 percent of the city’s economic output.

October 22, 2018

Nearly a quarter of London office take up is in financial sector, says CBRE

by Sara Bean • Facilities management, News, Property

Despite political and economic uncertainly and the aftermath of the global monetary crisis in 2008, London remains a leading global financial centre, with nearly a quarter (24 percent) of the capital’s office take-up attributed to banking and finance occupiers over the last ten years. London is by far the most active banking centre in Europe, according to the latest research from global real estate advisor CBRE. According to the report, 1.1 million people were employed in the UK financial services sector in 2017, of which 34 percent were in London. More →

October 16, 2018

The self-employed live day to day but remain worried about plans for the future, claims study

by Mark Eltringham • News

Self-employed workers are mostly financially secure and happy in the present, but concerned about the future, a new report by IPSE (the Association of Independent Professionals and the Self-Employed) and Sherpa has found. The report, ‘The Path to Prosperity, claims that although almost three quarters (72 percent) of freelancers are currently enjoying life because of how they are managing their money, 77 per cent are concerned the money they have – or are going to save – will not last. It also found that over half (51 percent) of the self-employed have felt anxious or stressed about their financial situation. This is exacerbated by the lack of tailored money management advice and flexible savings products available for the self-employed.

October 8, 2018

Refurbished industrial buildings provide perfect modern workplaces

by Mark Eltringham • Architecture, News, Property, Workplace design

Refurbished industrial sheds provide the perfect space for the creation of modern workplaces, according to a study by Hawkins\Brown and JLL. In what the authors claim is the first comparative study of its kind, Industrial Rehab: A new space of opportunity takes a look at the global trend for companies in the knowledge economy to seek out large-span buildings because they support creative working, are able to accommodate rapid growth and deliver high quality, good value accommodation.

October 8, 2018

Unskilled and low skilled men most at risk from Brexit

by Neil Franklin • News, Workplace

Men with GCSE qualifications or below employed in certain manual occupations are more likely than other groups to work in industries at particular risk from new barriers to trade with the EU after Brexit. Historically, those in this group have struggled to find equally well-paid work elsewhere when job losses have occurred. That is one of the key conclusions from detailed new analysis of trade data carried out by researchers at IFS and funded by the ESRC’s UK in a Changing Europe initiative.

October 5, 2018

Innovation and culture are key ingredients of successful cities

by Neil Franklin • Cities, News

CBRE has released Our Cities, Knowledge for the future, a report and microsite which explores how British cities might look and feel in twenty years’ time. The research claims to cast new light on the complexity of the future city. The project examines what will make a successful city through a collection of over 80 separate articles with insights on areas such as diversity, culture and sport, the economy, sustainability, governance, health, transport and placemaking. In doing so it identifies innovation, culture, and governance as being crucial to the success of British cities.

October 5, 2018

Friday finds: the best workplace stories from this week

by Mark Eltringham • Features, Technology, Workplace design

Technologies won’t replace good management

Is this the RFP – or just another country?

The way hunter-gatherers share food shows how cooperation evolved

The future of human work is perpetual beta

The most plausible cause of wellbeing decline is screen time

The gig economy isn’t going to be the future of work

The new era of Workplace Management is here

October 3, 2018

Nearly half of UK workers do not have skills that match their job, says CIPD

by Sara Bean • News, Workplace

Almost half (49 percent) of UK workers are in jobs they are either under- or over-skilled for, according to new research from the CIPD. Its report ‘Over-skilled and underused: Investigating the untapped potential of UK skills’ surveyed 3,700 UK employees and found that more than a third (37 percent) of workers have the skills to cope with more demanding duties than they currently have. At the opposite end of the scale, one in ten (12 percent) employees said they lacked all the skills needed to carry out their job effectively. This means that as many as half (49 percent) of UK workers could be in the wrong job, based on their skill level. The UK has one of most skilled workforces in the world, with 42 percent of workers qualified to degree level, yet it also has the highest proportion of jobs within the OECD which require no qualifications at all.

September 28, 2018

Change of mindset can transform workplace performance says Smart Summit

by Sara Bean • Events, Facilities management, News, Wellbeing, Workplace, Workplace design

Changing mindsets and the workplace through co-creative leadership was the theme of the latest Quora Smartworking Summit which took place this week at ExCeL London. Hosted by Quora’s Managing Director John Blackwell, the event featured a distinguished group of senior leaders who discussed under Chatham House rules, how they have helped change their organisation’s mindsets using leadership styles aimed at achieving successful work performance transformations.

September 27, 2018

With six months to go before Brexit, only 630 finance jobs have left UK, claims Reuters

by Neil Franklin • News

As few as 630 UK-based finance jobs have been shifted or created overseas with just six months to go before Brexit, a far lower total than banks said could move after Britain’s surprise vote to leave the European Union, according to a new Reuters survey. Many bankers and politicians predicted after the June 2016 referendum that leaving the EU would prompt a mass exodus of jobs and business and deal a crippling blow to London’s position in global finance.

September 26, 2018

British Property Federation announces plans to modernise commercial property sector

by Mark Eltringham • News, Property, Technology

The British Property Federation (BPF) has launched a Technology and Innovation programme for the UK commercial property sector – to support the sector in its digital transformation – following the Government’s challenge to all sectors of the economy to improve productivity and deliver growth. The programme is launched with the publication of a new report produced by Future Cities Catapult, commissioned by the BPF, to understand the barriers to and opportunities for improving the productivity of the real estate sector through the application of technology.

September 25, 2018

Fifth of workers fake physical illness to cover up mental health issues

by Sara Bean • News, Wellbeing, Workplace

A fifth (42 percent) of UK employees call in sick claiming a physical illness, when in reality it’s a mental health issue and just 15 percent would tell their boss the truth about having a mental health issue a new report claims. According to the research from BHSF, over half (56 percent) of employees admitted to suffering from stress, a third from anxiety (36 percent) and a quarter from depression (25 percent). Despite 88 percent of employees suffering from poor mental health admitting that work is either the main cause or a contributing factor, just 15 percent would tell their boss if they were struggling with an issue of this nature. More →