Search Results for: business

Law firm defies sector’s West End exodus with office relocation

by • Company news, Facilities management, Legal news, Property

Davenport Lyons AtriumThe relocation by law firm Davenport Lyons from London’s Mayfair to its new offices at 6 Agar Street in the West End next month, means it is one of the last remaining West End-based law firms – most have moved out of the area due to the increasingly exorbitant costs. Davenport Lyons, which has been based in its current Old Burlington Street location for 23 years, says it remains in the area to form a “legal hub bridging the gap between the financial institutions and wealth in Mayfair, and the commercial banking sector in the city and Canary Wharf.” The new office space is also designed to deliver a semi cellular space solution, reflecting the next phase in the law firm’s evolution. More →

Employee engagement, not fear, behind the fall in staff turnover

by • Facilities management, Legal news, News, Workplace

Job satisfaction and engagement could be real reasons for low staff turnoverExplanations for a marked fall in employee turnover have largely attributed it to the recession, which, it’s been suggested, has led cautious employees to prefer to stay put in a secure position, rather than risk losing their place in an uncertain job market. However new data published today from the CIPD’s Megatrends research project suggests a more positive picture. The proportion of workers leaving their employer at any given time fell by over two fifths between 1998 and 2012, long before the downturn took hold. And the good news for those concerned with improving the quality of the workplace environment is that increased job satisfaction and improved levels of employee engagement could play a significant role.. More →

Forget Gen Y – the future workplace is multigenerational

by • Comment, Flexible working, Knowledge, Legal news

Old dog new tricksThere is quite possibly more guff talked about the impact of Gen Y on businesses and the workplace than any other management topic. However, it’s not only wrong to characterise the people of Generation Y as some homogeneous blob with stereotyped attitudes that set them apart from the rest of humanity, but also to miss the point that the workplace is and will remain multigenerational. In fact, according to new data from the Department of Work and Pensions, there have never been more over 50s in work in the UK than there are right now.  There are 2 million more over-50s in jobs than there were 15 years ago and they will form a third of the workforce by 2020. And they will want their own say on things just as much as the much talked about millennials.

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More than half of UK firms expecting to increase capital spending over next year

by • Knowledge, News


Investment

The latest good news for the UK economy comes from a poll conducted by Edison Investment Research of 200 medium sized companies which shows that over half (56 percent) claim they will increase capital expenditure over the next year. In the same poll in January, only a quarter made the same claim, reflecting the sharp upturn in optimism in UK businesses. In the latest EIR poll, 69 percent said they felt positive about the coming year. In the Eurozone things aren’t quite so rosy as confidence has dropped over the course of the year with 17 percent expecting growth, down from 26 percent six months ago.

London’s living wall designed to reduce flood risk and improve air quality

by • Environment, Facilities management, News, Property

London's living wall designed to reduce flood risk and improve breathing

The UK’s largest living wall, designed to reduce urban flooding, has been unveiled in London’s Victoria district. Standing at 350 square metres with over 10,000 ferns, herbaceous plants and 16 tons of soil, the wall, at the Rubens at the Palace Hotel near Buckingham Palace reaches over 21 metres high. The wall’s unique design enables it to capture rainwater from the roof of the building in dedicated storage tanks. Flooding is a key environmental challenge in Victoria during periods of heavy rain, due to the low absorbency of urban surfaces. According to the Environment Agency, there are now around 534,000 properties in London on the Thames floodplain, and one in four in London are at risk of flooding. More →

UK Government making slow progress on commitment to spend more with SMEs

by • Comment, News, Public Sector

DollsThere is no doubt the UK Cabinet Office has been responsible for some commendable improvements in the Government’s approach to property and procurement. Yet, like most government departments it is also prone to fudging or spinning the outcomes of projects that don’t quite cover the department and its initiatives in glory. One of the sure signs of this is that the head of the department, Francis Maude, is busy doing other things on the day mixed reports and bad news come out. And sure enough, a new report from the Cabinet Office which shows that Central Government is already way off course in its aim to spend 25 percent of its budget with SMEs by 2015, has been released quietly, in August and fronted by a junior minister.

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CBI raises growth forecasts, but cautious on sustainable recovery

by • Knowledge, News, Property, Workplace

CBI raises growth forecasts but cautious on sustainable recovery

A pick-up in confidence across a broad range of sectors, including services and construction and a better than expected second quarter has led the CBI to raise its growth forecasts, with GDP growth of 1.2 per cent predicted in 2013, up from 1.0 per cent in the May forecast. In 2014, the business group expects the economy to gather pace, forecasting 2.3 per cent GDP growth, up from 2.0 per cent in May. However, unemployment rates look set to stick at around 7.8 per cent. John Cridland, CBI Director-General said: “The economy has started to gain momentum and confidence is picking up, but it’s still early days. We need to see a full-blown rebalancing of our economy, with stronger business investment and trade before we can call a sustainable recovery.” More →

New report urges UK’s large organisations to adopt more flexible working

by • Facilities management, Flexible working, Knowledge, Technology, Workplace, Workplace design

Omnicorp logoThe UK’s large organisations are missing out on some of the opportunities presented to them by mobile working methodologies according to a new survey from Deloitte and (what else?) telecoms provider EE. The Upwardly Mobile report questioned more than 1,000 employees of firms with more than 1,000 staff including Kier, Royal Mail, Oxfam and BP and found that this situation would change as Generation Y employees assumed the power needed to introduce a more flexible working culture. The report goes on to predict that by 2016, at least one FTSE 350 company will have a Gen Y CEO at the helm.

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CBI survey gives suppliers chance to have say on UK public sector procurement

by • Knowledge, News, Public Sector

OLYMPUS DIGITAL CAMERAThe Confederation of British Industry (CBI) is offering private sector firms the chance to take part in a survey detailing their experience of working with UK public sector. It follows a largely damning 2012 report from the same organisation which found that only 7 per cent of firms believed the public sector procurement function was effective. However the same report did find that around 80 percent of respondents were in favour of the UK Government reform programme and so the latest survey is a chance to see whether recent initiatives such as the recent Public Administration Committee report into procurement failings  and the setting up of the Crown Commercial Service have had any impact on private sector confidence in the way the UK public sector goes about its business.

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Worldwide space standards moving closer to UK norm, claims new report

by • Comment, Facilities management, Flexible working, Knowledge, News, Property, Workplace design

ShrinkingWorldwide office space standards are now moving closer to the norm seen in the UK according to a new survey from CoreNet Global. According to the CoreNet survey of real estate managers, the average amount of space per office worker globally has dropped to 150 sq. ft (14 sq.m.) , from 225 sq. ft. (21 sq.m.). This is still well outside the standards from the British Council for Offices Specification Guide which reported a fall to 11.8 sq. m. in 2009 and which will be revised downwards even further with the publication of the new guide which has been promised soon.  Even this figure might be seen as high and makes assumptions about the relevance of such space standards given the way some firms now work.

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Unilever extends BT partnership to further more sustainable ways of working

by • Company news, Environment, Flexible working, Technology

Unilever extends BT partnership to further sustainable and flexible working plan

Unilever, one of the world’s largest consumer goods companies, which includes Wall’s Ice Cream, Dove beauty products, Lipton and Knorr brands has announced a three year extension to its IT outsourcing contract with BT. It’s part of the firm’s Sustainable Living Plan to grow its business, while reducing its environmental footprint and increasing its social impact. BT, which first won its first contract with the Anglo-Dutch company in November 2002, delivers a fully integrated network providing voice, data, video and mobility services to the company’s 173,000 employees across nearly 100 countries. This includes the delivery of collaborative services such as audio-conferencing and video-conferencing, which is helping Unilever introduce more sustainable ways of working. More →

Pressure to fill roles as employers struggle to persuade cautious workers to switch jobs

by • News, Workplace

Challenge to fill roles as employers struggle to persuade cautious workers to switch jobs

More good news on the economy today with the Summer 2013 CIPD/Success Factors Labour Market Outlook (LMO) survey report showing that for the sixth quarter in a row, employers expect jobs growth. However, while this means more opportunities for job seekers the pressure is mounting for employers to attract the right talent. It seems that despite employment confidence being at its highest level since the 2008 recession, this isn’t shared by those already in work, who are showing a marked reluctance to change jobs, leading to a struggle for employers to find the right candidates. More →

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