Search Results for: business

Cost cutting measures are on the agenda, but may prove risky

SawingTreeLimbHeisSittingOnThe latest Office for National Statistics figures released today which show that the UK economy has shrunk might suggest that firms need to cut costs as they try to weather the economic storm. This idea is given credence by a major study into the procurement strategies of organisations which found three quarters doing exactly that. However another study suggests that we may be approaching the point at which further cost-cutting measures will destabilise supply chains, making price reductions counter productive and exposing buyers to a greater degree of risk.   More →

Architects appointed for new Canary Wharf projects

WoodWharfA new development by Canary Wharf plc in London has appointed three architects to design its first six buildings. Allies and Morrison will create two new office buildings at Wood Wharf, Herzog &de Meuron have been commissioned to design a new residential tower and Stanton Williams will be responsible for the creation of three new residential blocks and a central courtyard. The overall mixed use scheme has been masterplanned by Terry Farrell and Partners.

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London’s West End now most expensive office location in World

C4G1T6London’s West End has overtaken Hong Kong’s Central district as the world’s costliest office location according to a new report from property consultancy DTZ.  The annual occupancy cost per workstation in the West End was stable last year at $23,500 (£14,900) but moved from fifth to gain top spot as costs in Tokyo, Hong Kong, Dubai and  Paris fell. Three weeks ago we reported that firms were migrating from the West End to London districts such as Clerkenwell and Shoreditch to take advantage of lower costs and pools of talent in new industries.  More →

Mixed response to Government office conversion plans

As predicted earlier this week, the government has confirmed new measures that will allow office space to be converted into homes without the need for planning permission. Further reforms are also intended to help boost rural communities and create jobs by allowing agricultural buildings to be converted for other business use, such as shops, offices, restaurants or leisure facilities without the need for planning permission. But the scheme has met with a decidedly mixed response from organisations as diverse as the Royal Institute of British Architects (RIBA) and local authority chiefs.  More →

Full extent of computer posture risks revealed

Businessman and Computer

Employee health is being put at risk in the workplace, a new report has revealed, with a majority of those polled in a recent survey saying they would score their office 55% in terms of smart computer use. According to the survey of 2,000 employees by energy and performance expert energiseYou, just over a quarter (30%) believe that their working environment is correctly designed for computer users, with for instance comfortable lighting levels. 37% complained of suffering from tension headaches or migraines and 66% experienced tension or feeling pain in their neck, back and shoulders. More →

Happiness levels in UK workplaces growing, says Government.

smiley faceThe general level of satisfaction in the UK’s workplaces has increased significantly in spite of ongoing economic uncertainty according to a report from the Government published yesterday. The study of more than 21,000 employees, found that job satisfaction levels actually increased in 2012 with a fifth (20 per cent) of employees either ‘satisfied’ or ‘very satisfied’ with all aspects of their job, compared to just 16 per cent in 2004 when the survey last appeared. The report also showed that levels of commitment to individual employers had also increased over the same period, with the proportion of employees who said they shared the values of their organisation up from 55 per cent to 65 per cent. More →

New developer ‘to create 50 per cent cheaper offices’

Lipton Rogers

Peter Rogers, left and Stuart Lipton

The high-profile new venture between two of the most prominent developers in London will focus on creating large scale office buildings that are half as cheap as current standard designs. Lipton Rogers has been formed by Stuart Lipton, formerly of Chelsfield Partners and Peter Rogers, the former technical director of Stanhope who stepped down last year. The new business will look  to put into practice the results of research commissioned in 2011 by Lipton which found that new buildings could be created far more cheaply than is currently the case.  More →

Global Gen Y survey highlights national differences

Gen Y NotNever has a generation of humans been so much talked about as Generation Y. As this millennial army marches into the world’s workplaces and takes the reins of power (or at least control) for the first time, there has been a lot of agonising about how to manage a whole generation of people who are the first to have been nurtured in a digital world. Now a new report from Deloitte into the attitudes of millennials from around the world has confirmed that this is a complex generation of individuals with many universal ideals but with regional characteristics too.  More →

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Designing for productivity means creating space for us to be alone

WilkhahnOn the face of it, the case for working in open plan offices is clear cut. Not only are they  more conducive to collaborative work and less bound by ideas of that great no-no that we used to call ‘status’, the economic case is seemingly open and shut. Open plan workstations not only take up around half the space of cellular offices, the fit-out costs are typically 25 per cent lower. And yet there are clear signs of a backlash, at least to the idea of them fostering collaborative work.

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French stick: Parisians favour USB’s to filch corporate data

Paris_-_Eiffelturm_und_Marsfeld2

Parisians are more likely to take corporate data than their UK counterparts, an “Insider Threat Survey,” by Imperva, supplier of data theft, insider abuse, and fraud solutions reveals. When those, questioned across a number of business sectors about their view on confidentiality were asked if they would personally take corporate data, 78% of respondents in Paris admitted they had, with 63% in London also confessing to the same practice. While the Parisian respondents prefer to use a USB stick (23%), in London, smart phones the favoured method (41%).
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Europe’s commercial property investors opt for safe cities

German cities dominate the investment prospects for Europe’s commercial real estate sector as investors favour safe havens according to a new report – Emerging Trends in Real Estate Europe 2013. Munich tops the league table followed closely by Berlin in second place and Hamburg in fifth position, with investors taking comfort from each of the cities’ strong local micro-economic climate and resilient property market conditions. London, which is seen by many as Europe’s safest investment, is the largest riser in this year’s report taking third position.  More →