Search Results for: construction

Magenta Associates becomes employee owned

Magenta Associates becomes employee owned

Our friends at comms specialist Magenta Associates have announced that the business is now owned by its employees.Our friends at comms specialist Magenta Associates have announced that the business is now owned by its employees. The company has set up an Employee Ownership Trust which owns the majority of the business. The trust will be led by five trustees to ensure the management team is running the business in the best interests of the employees. Magenta was set up in 2011 by Cathy Hayward, the former editor of FM World (now Facilitate) and FMJ magazine who spotted a gap in the market for a PR agency specialising specifically in facilities management. More →

Generative AI will lead to a threefold increase in greenhouse gases from data centres

Generative AI will lead to a threefold increase in greenhouse gases from data centres

Data centres are set to emit three times more carbon dioxide because of generative AIA new report claims that data centres will generate around 2.5 billion tonnes of greenhouse gas (GHG) emissions worldwide by the end of the decade. This figure is three times higher than it would have been had the rapid rise of generative artificial intelligence (AI) not occurred. The report, published by Morgan Stanley titled Global Data Centers: Sizing & Solving for CO2, suggests that the combined emissions from the construction of new facilities and their energy consumption will amount to around 2.5 billion tonnes of CO2-equivalent by 2030, roughly 40 per cent of the United States’ current annual emissions More →

NHS to offer workplace health checks to middle aged staff

NHS to offer workplace health checks to middle aged staff

The NHS is set to launch a comprehensive initiative aimed at preventing heart attacks and strokes by conducting health checks in workplaces across the UK. Over the next six months, more than 130,000 middle-aged employees will be offered free workplace health checks in their places of work. This national drive, known as Health MoTs, is designed to identify individuals at risk of type 2 diabetes or heart disease through a 20-minute evaluation that includes weighing staff and measuring their blood pressure and cholesterol levels.

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European banks are over-valuing commercial property, ECB report suggests

European banks are over-valuing commercial property, ECB report suggests

 

An analysis by the European Central Bank (ECB) has raised concerns that several of the Euro zone's leading banks may be inflating the value of commercial propertyAn analysis by the European Central Bank (ECB) has raised concerns that several of the Euro zone’s leading banks may be inflating the value of commercial property, potentially obscuring the true state of their loan portfolios in a sector that is facing significant challenges. The analysis suggests that some banks are failing to properly account for the steep downturn in the commercial property market, which has been severely impacted by higher borrowing costs and weakened demand as businesses adjust to the post-pandemic economic landscape. More →

Ultrafabrics launches Pumice. An outdoor performance fabric collection inspired by the ocean

Ultrafabrics launches Pumice. An outdoor performance fabric collection inspired by the ocean

Ultrafabrics, the pioneer in sustainable performance fabrics, unveils Pumice, its latest outdoor performance fabric collection designed to bring the allure of underwater exploration to both indoor and outdoor active living spacesUltrafabrics, the pioneer in sustainable performance fabrics, unveils Pumice, its latest outdoor performance fabric collection designed to bring the allure of underwater exploration to both indoor and outdoor active living spaces. Inspired by the mesmerizing beauty of the ocean’s depths, Pumice blends a refreshed colour palette with unparalleled durability, ensuring it withstands whatever Mother Nature delivers. 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 →

Government says launch of Skills England will transform the economy

Government says launch of Skills England will transform the economy

Skills England is intended to collaborate with central and local governments, businesses, training providers, and unions to address the skills needs of the next decade nationwidePrime Minister Keir Starmer and Education Secretary Bridget Phillipson have unveiled Skills England, an initiative designed to unify the fragmented skills landscape and foster a cohesive national ambition to enhance the nation’s skills. Richard Pennycook CBE, former chief executive of the Co-operative Group and lead non-executive director at the Department for Education (DfE), has been appointed as the interim Chair of the new body. 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 →

Crown estate announces details of latest London commercial property developments

Crown estate announces details of latest London commercial property developments

The Crown Estate has unveiled details of its pipeline of commercial property developments in London’s West End.The Crown Estate has unveiled details of its pipeline of commercial property developments in London’s West End. According to The Crown Estate, the first three projects, which have a Gross Development Value of over £430 million, will deliver 250,000 sq ft of office, leisure and retail space in the heart of the Capital, which it claims will help to stimulate the renewal of the West End, attract global investment and contribute to the wider success of London. More →

Ultrafabrics celebrates 25th anniversary with new and improved bio-based Volar Bio collection

Ultrafabrics celebrates 25th anniversary with new and improved bio-based Volar Bio collection

Ultrafabrics proudly commemorates its 25th anniversary of excellence in the industry with the reintroduction of its Volar Bio collection which now has a 66 percent mix of recycled, rapidly renewable and bio-based content – a remarkable achievement in sustainable innovation. More →

Herman Miller Fuld Nesting Chair receives “Red Dot: Best of the Best” award for product design

Herman Miller Fuld Nesting Chair receives “Red Dot: Best of the Best” award for product design

Herman Miller has announced that its Fuld Nesting Chair designed by Stefan Diez received the prestigious "Red Dot: Best of the Best" award for Product Design—the international design competition’s top distinction within the office chairs categoryHerman Miller has announced that its Fuld Nesting Chair designed by Stefan Diez received the prestigious “Red Dot: Best of the Best” award for Product Design—the international design competition’s top distinction within the office chairs category. The Red Dot jury is made up of 40 international experts who test, discuss, and evaluate each entry individually. Designs are scored based on four qualities of good design: function, seduction, ease of use, and responsibility. This award adds to Fuld’s first successful year of being available to commercial customers More →

Are these the top ten emerging technologies for 2024?

Are these the top ten emerging technologies for 2024?

The World Economic Forum has announced the publication of its annual Top 10 Emerging Technologies Report featuring technologies with the greatest potential to make a positive impact in the worldThe World Economic Forum has published its annual Top 10 Emerging Technologies Report featuring technologies with the greatest potential to make a positive impact in the world in the next three to five years. Among the technologies mentioned in the report are AI (obv), immersive building tech, intelligent materials and microbes that can sequester carbon.  More →