September 28, 2017
Offices rents in London skyscrapers and tech hubs are amongst highest in world
Rents for office space in London skyscrapers are still the highest in Europe, according to a report from Knight Frank, suggesting that the capital remains one of the most sought after business hubs in Europe despite Brexit. Knight Frank has also reported on the costs of office space in East London’s tech hubs and found they are amongst the highest in the world, with rents akin to those seen in the City of London. According to the study, prime rents in London buildings over 30 storeys stood at $110 per square feet over the first half of the year, nearly double the $58 per square feet and $54 per square feet rent for buildings in Paris and Frankfurt respectively.
UK workers are largely optimistic about the impact automation will have in the workplace, with three in four believing it will give them more time to concentrate on their primary job duties and work more flexibly, claims new research. Workfront’s annual State of Enterprise Work report, which aims to capture not only how work is being done and what challenges office workers see in the present, but also how they see current workplace trends playing out in the near future reveals that 84 percent agreed with the sentiment that “the use of automation in the workplace will let us think of work in new and innovative ways.” 82 percent expressed excitement at the chance “to learn new things as the workforce moves toward more automation;” and while the overwhelming view on automation was positive, around 2 in 5 (38 percent) feared that rising automation will place humans and robots in competition for the same jobs in the future.
The number of large scale Internet of Things (IoT) projects have doubled in the last year, as projects move from small pilots to global rollouts, according to Vodafone’s fifth annual IoT Barometer Report. The range of benefits that users are getting from IoT is also widening as adoption increases – greater business insights, reduced costs and improved employee productivity top the list globally. Large scale users report some of the biggest business gains with 67 percent of them highlighting significant returns from the use of IoT. Energy and utility companies are at the forefront of the largest IoT projects worldwide, with applications such as smart meters and pipeline monitoring. Security in IoT is still the biggest barrier for organisations regarding deployment. However, in companies with 10,000 or more connected devices in operation only 7 percent say security is their top worry. Organisations are taking more steps to tackle security concerns including an increase in security training for existing staff, working with specialist security providers and recruiting more IT security specialists.
With a plethora of reports around that generalise the behaviour of an entire generation of people, yet another exploration of the Millennial has to be approached with caution. But for this latest study, “The Millennial mindset: Work styles and aspirations of the most misunderstood worker”, 
UK workers are still uncomfortable about having honest conversations at work, with nearly two thirds (61 percent) feel they keep an aspect of their lives hidden in the workplace. The research from Inclusive Employers found family difficulties (46 percent) was the most likely hidden issue at work, followed by mental health (31 percent). One in five also admitted they would hide their sexual orientation while at work. It also found a generational divide, with 67 percent of employees aged between 18 -24 years old keeping something secret compared to 55 percent of those over aged 55 years or over. The data, released to mark National Inclusion Week 2017, found this lack of openness can have negative impacts on workers and employers, with over a quarter of workers (26 percent) admitting they would feel less connected to their workplace if they hid an aspect of themselves and 18 percent saying their performance would suffer.
The majority of UK employees (61 percent) do not feel encouraged by their employer to lead an active lifestyle, despite most managers agreeing that exercise positively impacts employees’ productivity (78 percent) and their ability to handle stress (82 percent) claims new research from AXA PPP healthcare. Of those British employees who do exercise after work, nearly half (46 percent) would prefer to do so before work but 79 percent blame a lack of time in the morning; yet for those who find time to be physically active before work, three quarters (75 percent) feel it spurs them on to be more effective in the morning while 69 percent feel more productive. More worryingly, nearly half of employees (45 percent) of employees admit they do not do the NHS recommended 30 minutes of daily exercise, five times a week, but finding time to be physically active during the working day can be difficult, or undesirable. Sixty?two percent of employees with good intentions to exercise at work find they’re cancelling their lunchtime exercise plans due to workload or work commitments.
