Search Results for: economic

Lack of joined up thinking hampers efforts to reduce commercial property energy consumption

by • Environment, Facilities management, News, Property

SunriseA new report commissioned by the Green Construction Board, Property Industry Alliance and UK Government claims that efforts to tackle energy consumption in commercial property and reduce the associated emissions of greenhouse gases needs a new approach to the way policies are understood, monitored and enforced. The warnings come in a paper produced by Deloitte which suggests that while the associated potential for savings and a wide range of environmental and economic benefits are beyond question and the Government has the will to make them happen, there is a lack of cohesive thinking in current policies and legislation coupled with a shortfall in innovation and investment. When the report was commissioned last year, it was done so on the basis that buildings remain the UK’s largest contributor to carbon emissions, with energy use in non-domestic buildings accounting for 17 per cent of the total.

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Skills body to fund UK employers to improve management capability

by • News, Workplace

Staff-trainingThe UK trails behind its international competitors in management skills, says the UK Commission for Employment and Skills (UKCES). To help tackle the problem it is offering businesses across the UK co-investment to help develop ways of boosting management skills in their sector. A total of £4 million is being made available through the UKCES, as part of an ongoing government-backed programme to encourage employer-led solutions to persistent skills problems. Nigel Whitehead, Group Managing Director of BAE Systems and a Commissioner at UKCES explained: “Our research shows that the UK lags behind its international competitors when it comes to management skills. That matters. Good management practices boost productivity, staff engagement and ultimately drive economic growth. And while the UK’s best firms may be world-leading, the sad truth is that, generally, management capability in the UK isn’t as good as many other countries, particularly the US.” More →

England’s technology firms now employ more people than California’s, claims new report

by • News, Property, Technology

technology firmsAs we reported last week, London and the South East of England remain the UK’s hotspots for new business start-ups and now new research claims that the region now has more people working in the vital technology and information sector than the capital of world tech, California. The report from South Mountain Economics and Bloomberg Philanthropies shows that there are nearly three quarters of a million people working for technology firms in London, the South East and East Anglia compared to 692,000 in California and that there are more firms working in financial technology in London than either Silicon Valley or New York. The report backs up new research from Oxford Economics, commissioned by the Mayor of London to coincide with London Technology Week, which claims that over the next decade, London’s digital tech sector is expected to grow at a rate of 5.1 per cent per annum, creating an additional £12 billion of economic activity and 46,000 new jobs, which in turn is driving change in the commercial property market. More →

UK public sector estate now reduced by 2 million square metres over three years

by • Facilities management, News, Property, Public Sector

Public sector estateThe UK Cabinet Office has today issued the latest edition of its regular State of the Estate Report which shows that the government has reduced the size of the public sector estate by 2 million square metres since 2010 – which it claims will boost economic growth and save a cumulative £1.2 billion with more savings in the pipeline. Now in its third year, the report also shows that: during 2013 there was a 500,000 sq m reduction in the size of the estate; £240 million was saved on running costs, against a 2009 to 2010 baseline; there was a 7.6 percent reduction in the cost of office space per employee; office space per employee was down from 13 square metres to 11.9 square metres; carbon emissions were down by 14 percent; and waste produced was down by 15 percent. The reductions are a core element in the Government’s plans to consolidate and modernise the public sector estate.

Feeling excluded at work is worse for wellbeing than bullying, claims report

by • News, Workplace

Social exclusionBeing ignored at work is worse for physical and mental wellbeing than harassment or bullying, says a new study from the University of British Columbia’s Sauder School of Business. Researchers found that while most see ostracism as less harmful than bullying, feeling excluded is significantly more likely to lead to job dissatisfaction and health problems. The study, Is negative attention better than no attention? The comparative effects of ostracism and harassment at work, is to be published in the next issue ofOrganization Science. The researchers found that people rate workplace ostracism as less socially inappropriate, less psychologically harmful and less likely to be prohibited than workplace harassment. Additional research revealed that people who claimed to have experienced ostracism were significantly more likely to report a degraded sense of belonging and commitment, a stronger intention to quit their job, and an increase in health problems.

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Property sector calls for introduction of mandatory energy standards

by • Environment, Facilities management, News, Property

Property sector urges government to introduce mandatory energy standardsAhead of the Queen’s Speech today, business leaders from some of the UK’s biggest property owners, developers and occupiers are urging the Government to end the “prevarication” around the introduction of mandatory energy standards for privately rented commercial buildings, amid concerns there is “significant opposition” to them within the Coalition. The UK Green Building Council has released the text of a letter sent to Prime Minister David Cameron by the heads of major companies including Legal and General, Whitbread, Land Securities and Marks & Spencer on the Government’s proposed minimum energy performance standards (MEPS). It argues that commercial buildings are responsible for around one fifth of the UK’s total carbon dioxide emissions. More →

Business leaders must do more to address gender inequality says Mitie CEO

by • Facilities management, News, Workplace

Change of mind set need to address gender inequalityThe Chair of the Women’s Business Council, (WBC) Mitie Chief Executive Ruby McGregor-Smith, is calling for a fundamental change in mind-set from business leaders, to help remove the final barriers to women’s equality. In the Council’s ‘One Year On’ report which included discussions with over 500 companies and individuals over the last year, as well as canvassing the views of male Chief Executives; the WBC concludes that male leaders are important, as visible agents of change, to ensure women are not held back in reaching their full potential in the workplace. Back in June 2013, the WBC published a number of recommendations for business and government to improve opportunities for women. Since then things have been moving in the right direction. But despite this progress, the organisation argues that male leaders could do more. More →

Commercial property helps fuel rise in number of new construction projects

by • Facilities management, News, Property

Commercial property fuels growth in construction projectsConstruction growth in the three months to June was at its highest peak since the start of the year, driven by a renewed strengthening of non-residential properties, according to new figures from industry analysts Glenigan. Following reports from the Confederation of British Industry (CBI) that the economy is growing at its fastest pace since its records began in 2003,the Glenigan Index, which covers the value of projects starting in the UK over the previous three months, is 20 per cent higher than a year ago. Its non-residential index is up by 24 per cent compared to the same period in 2013, the strongest rate of growth seen since the three months to January of this year; largely fuelled by the private sector, with the industrial, office and hotel and leisure sectors all seeing healthy improvements. More →

New guidance published on greening the building supply chain

by • Environment, Facilities management, News

Greening the building supply chainA major new report on the building and construction sector, “Greening the Building Supply Chain”, has been launched by the United Nations Environment Programme’s Sustainable Buildings and Climate Initiative (UNEP-SBCI). The report notes that while the need to understand and reduce energy consumption and greenhouse gas emissions from buildings during their operation has become increasingly recognized, efforts related to the resource use in the building supply chain appear to be less advanced. For that reason the scope of the report, co-authored by Skanska, UNEP and IMS Consulting, extends beyond the well-established benefits associated with green buildings themselves (such as energy efficiency). Instead it is intended to help stakeholders better understand resource use in the building and the construction supply chain as a whole, and identify opportunities to promote greater resource efficiency in the sector as well as and contribute towards wider socio-economic goals. More →

Supply of new office space in London continues to fall short of demand

by • Architecture, News, Property

Glass half emptyOne of the downsides to London’s attractiveness as a business destination, as we reported yesterday, is its inability to provide enough office space to satisfy the rapacious demands of the companies who want to work there. Survey after survey reveals the same thing. Even though London has a healthy pipeline of new offices under construction, it cannot keep pace with demand. The latest survey to make the same point comes from Deloitte Real Estate whose London Crane Survey claims that the 9.2 million sq. ft. of office space currently being built will fall short of what is needed. The report claims that London office space is likely to remain in short supply for two years as the new occupancy levels of offices continues to outstrip supply. The report claims that 2014will see 7 million sq. ft. of Grade A office space delivered, the largest volume for over a decade but nearly half has already been let even before construction is complete.

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Design skills cited as one reason why London is the world’s best city

by • Environment, Events, News, Workplace design

Clerkenwell design weekFor the first time, London is the world’s best city for business, culture and finance, according to the latest edition of PWC’s annual Cities of Opportunity report.  And the city’s reputation as a global leader in design is cited as one of the main reasons. The index of thirty of the world’s most important cities claims that London’s sheer economic clout, technological infrastructure and its design and development skills are just a few of the factors that led to the city usurping New York for the first time. When the survey was last carried out, it was ranked third. London is ranked one of the top three best places for intellectual capital and innovation alongside Paris and San Francisco and has leapt from eighth place last year to joint first place (with Seoul) in terms of its technological readiness.

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Four million people in UK now work from home, claims TUC

by • Flexible working, News, Technology

work from home

Figures released today by the TUC to mark National Work from Home Day show that more than 4 million people now regularly work from home; a rise of more than 62,000 over the course of the last year. The number of people who say they usually work from home increased by 62,000 over the course of last year to reach more than four million for the first time. The findings are from a new TUC analysis published to mark national work from home day, organised by Work Wise UK. The TUC analysis of figures from the Office for National Statistics shows that the number of regular home-workers has risen by over a half a million since 2007 – an increase of more than 10 per cent. Millions of workers across the UK occasionally work from home too, says the TUC. More →

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