Search Results for: cyber

Economic and political uncertainty continue to dampen commercial property market sentiment

Economic and political uncertainty continue to dampen commercial property market sentiment

The outlook for the European commercial property market is cautiously optimistic despite growing geopolitical uncertainty and concerns about economic growthThe outlook for the European commercial property market is cautiously optimistic despite growing geopolitical uncertainty and concerns about economic growth, with London, Madrid and Paris emerging as the standout performers, according to a new report by PwC and the Urban Land Institute (ULI). The report – Emerging Trends in Real Estate Europe 2025 outlines how market players believe ‘a new normal’ is emerging as valuations have come down and interest rates regain some level of predictability in a market characterised by higher inflation and interest rates, and geopolitical and economic uncertainties. This led to more than 80 percent of survey respondents expecting business confidence and profits to stay the same or rise in 2025, with around half predicting increases in both. (more…)

Bosses are too cocky when it comes to modern risks to their businesses

Bosses are too cocky when it comes to modern risks to their businesses

CEOs face sleepwalking into reputational disaster through over-confidence which masks inadequate crisis planning to mitigate modern day risksCEOs face sleepwalking into reputational disaster through a concerning over-confidence which masks inadequate crisis planning to mitigate modern day risks, according to a new report [registration] from PHA Group. The survey questioned 150 CEOs across the UK’s £240bn professional services sector on confidence and planning in navigating business critical issues. Examining issues from workforce management and whistleblowing to climate change and regulation, CEOs from law firms, insurance, finance and accounting, consultancy and recruitment conveyed confidence but also revealed a lack of investment and planning. (more…)

GenAI will change the nature of work and encourage people to spend more time working together

GenAI will change the nature of work and encourage people to spend more time working together

UK chief executives see implementing Generative AI (GenAI) as an opportunity to change the nature of work and create highly skilled workforces without reducing the number of jobs in the marketUK chief executives see implementing Generative AI (GenAI) as an opportunity to change the nature of work and create highly skilled workforces without reducing the number of jobs in the market, according to KPMG’s 10th annual CEO Outlook survey. KPMG surveyed more than 1,300 CEOs around the world – 150 in the UK – in July and August, revealing that two thirds of UK CEOs (65 percent and 76 percent globally) see GenAI as a positive disruptor with 68 percent (65 percent globally) agreeing that GenAI remains a top investment priority. (more…)

Majority of IT managers think AI is coming for people’s jobs

Majority of IT managers think AI is coming for people’s jobs

Sixty-eight per cent of UK based managers believe AI will take more jobs than it creates and only 20 percent think AI will be a net job creator. The global average is 57 percent and 27 percent respectively.Two thirds of UK organisations say they are prioritising AI in their IT and customer service thinking, according to a new poll from 8×8. As a result they are starting to assess the roles and working hours of employees. The Future of Work: 2030 Vision Report [registration], surveyed the opinions of over 400 IT and Customer Experience (CX) managers. It looks into the projected makeup of the global workforce in 2030, organisations’ technological priorities between now and then, and the current and future challenges they may face. (more…)

Technology failures are a major headache for small businesses

Technology failures are a major headache for small businesses

A new poll  from TalkTalk Business claims to identify the significant impact technology failures have on small and medium-sized enterprises (SMEs) in the UK.A new poll  from TalkTalk Business claims to identify the significant impact technology failures have on small and medium-sized enterprises (SMEs) in the UK. According to the survey, nearly one-quarter (23 percent) of these businesses have experienced system glitches within the past year. These technical issues are proving costly for many SMEs, with 17 percent reporting that such problems have cost their business between £500 and £999 over the last 12 months. More alarmingly, 12 percent of SMEs have faced losses ranging from £2,000 to £3,999, while 7 percent have incurred staggering costs between £8,000 and £9,999 due to technology-related failures. (more…)

Tech workers and young people will need a major skills upgrade if they are to keep up with AI

Tech workers and young people will need a major skills upgrade if they are to keep up with AI

The vast majority (92 percent) of ICT roles are expected to undergo big changes as a result of advancements in AIThe vast majority (92 percent) of ICT roles are expected to undergo big changes as a result of advancements in artificial intelligence and the technology continues to transform the information and communications (ICT) sector according to a new report from tech giants, Cisco, Microsoft and Google. The AI-enabled ICT Workforce Consortium, led by Cisco has published the “Transformational Opportunity of AI on ICT Jobs” report, offering guidance on the areas for of concern for workers to reskill in response to the evolving job landscape. This transformation will impact professionals in 47 ICT roles, including cybersecurity, data science and software development, according to the report. (more…)

Britain is no longer a nation of shopkeepers, but it is divided by the work we do

Britain is no longer a nation of shopkeepers, but it is divided by the work we do

An analysis of workforce data suggests that the work people do in different parts of the UK varies enormously, especially compared to LondonFollowing last week’s news that the fastest growing job category in the US isn’t necessarily the one you’d expect, a new report from HR software provider Ciphr, based on ONS data, claims to identify which jobs are the most disproportionately common in each part of the UK. The report analyses the latest regional employee estimates for over 370 occupations to find out which work roles (with at least 5,000 full-time employees) appear to be more concentrated, or over-represented, in some places more than others. (more…)

Major US firms scammed by massive North Korean remote work laptop farm

Major US firms scammed by massive North Korean remote work laptop farm

A massive remote work scam may have fooled hundreds of US companies into hiring North Koreans. US prosecutors have accused North Korean nationals of infiltrating over 300 US companies, including Fortune 500 giants using a so-called laptop farm. The elaborate scheme, facilitated by an American accomplice, allegedly saw millions of dollars funnelled back to the sanctioned nation. (more…)

International report calls for collaboration on AI, highlighting both benefits and risks

International report calls for collaboration on AI, highlighting both benefits and risks

A landmark report claims to shed light on the double-edged sword of advanced artificial intelligence (AI)A landmark report claims to shed light on the double-edged sword of advanced artificial intelligence. Backed by over 30 nations, the International Scientific Report on the Safety of Advanced AI paints a picture of a technology brimming with potential benefits, but also fraught with potential risks if safety isn’t prioritized. This first iteration of the report, launched at the AI Safety Summit, fulfils a key commitment set forth during the historic Bletchley Park discussions and the subsequent Bletchley Declaration. (more…)

London Mayor sets out ambitious plans for Capital’s growth and reinvention

London Mayor sets out ambitious plans for Capital’s growth and reinvention

Sadiq Khan, the Mayor of London, is today launching an ambitious plan aimed at creating 150,000 high-quality, well-paid jobs by 2028. This initiative will be unveiled alongside the shadow chancellor, Rachel Reeves. Reeves will say that a Labour administration intends to reset the relationship between the national government and London, while Khan thinks what is good for London is good for the UK. (more…)

US and UK sign agreement on AI safety

US and UK sign agreement on AI safety

In a landmark agreement, the United States and the United Kingdom have pledged to collaborate on testing advanced AI safetyIn a landmark agreement, the United States and the United Kingdom have pledged to collaborate on testing advanced artificial intelligence (AI). This is the first-ever bilateral deal of its kind focused on AI safety. This agreement builds on commitments made at the AI Safety Summit last year, where both countries established AI Safety Institutes. These institutes will work together to develop robust methods for evaluating the safety of AI tools and systems. (more…)

Industry: the art of working from anywhere

Industry: the art of working from anywhere

Eugenia Anastassiou is stopped in her tracks by a painting of a quintessential  21st century phenomenon – working from anywhere.Walking into Bristol-based artist Gail Reid’s studio, I literally stopped in my tracks! There it was a painting of everything I had been researching and writing about with workplace strategist Chris Kane for our book “Where Is My Office?” both pre-and post-pandemic. Gail, was a Semi-Finalist in this year’s Sky Art’s Portrait Artist Of The Year –  alas she didn’t make the final – although she impressed everyone with her talent and charisma. She also impressed me in managing to convey via the very traditional medium of an oil painting, a quintessential  21st century phenomenon – working from anywhere. (more…)