July 24, 2023

Global prime office rents rise for second continuous quarter – Savills

Savills latest global Prime Office Costs (SPOC) analysis claims that net effective costs for occupiers taking top quality office space in key cities around the world rose 0.3 percent in Q2, following a rise of 1.1 percent in Q1. The international real estate advisor says the fact that prime office rents are continuing to edge up demonstrates that tenant demand is still present and landlords are cautiously optimistic in some markets. More →

July 21, 2023

Cost of living crisis incentivises people to work from home

by Neil Franklin • Flexible working, News

A new report claims that rising numbers of the people in the UK are choosing to shop and work from home to make every penny count as the cost-of-living crisis continues. These insights mark the launch of the second Virgin Media O2 Business Movers Index – a quarterly barometer that combines anonymised and aggregated UK movement data from O2 Motion, with national polling findings to reveal key trends relating to the behaviour of 2,000 British businesses and 1,000 UK consumers. Together, the data paints a picture of movement patterns and the trends behind them. The second quarter of this year reveals a more cash-conscious image of Britain as more of the UK public change their behaviours to cope with a tough economic backdrop. More →

July 20, 2023

Help over-50s and other groups into self-employment to boost economy, say MPs

by Jayne Smith • News, Workplace

The UK Government’s Work and Pensions Committee has called for more employment support to address economic inactivity. The support for helping people into work should be widened to those not on benefits, with a new scheme developed to encourage people to set up their own businesses and move into self-employment. The Committee has also called for more focus to be given to measures to help young people, the over 50s and people with disabilities and long-term health conditions find and stay in work. More →

July 14, 2023

To boost productivity in the UK, we need to think big and different

by Peter McAteer • Comment, Technology

The decline in UK productivity since the Great Recession of 2008/2009 has been a matter of concern for business leaders, policymakers, and economists alike. Despite hopes that the pandemic would act as a catalyst for transformation and boost productivity, recent figures from the Office for National Statistics (ONS) show that the UK still lags behind several other G7 economies. More →

July 14, 2023

Despina Katsikakis elected President of the British Council for Offices

by Freddie Steele • Company news

Despina Katsikakis, Executive Partner & Global Lead, Total Workplace at Cushman & Wakefield, has been elected as President of the British Council for Offices (BCO) with immediate effect. She succeeds Mark Kowal, Partner at Sheppard Robson. Peter Crowther, Managing Director at Bruntwood, becomes Senior Vice President. More →

July 12, 2023

Generations in the workplace: setting the record straight

by Jo Sutherland • Comment, Workplace

If there were an algorithm to create a word cloud in response to searches for ‘What millennials want in the workplace?’, you’d expect to see Google spew out terms such as ‘flexibility’, ‘meaning’, ‘fairness’, ‘equality’, ‘inclusivity’, ‘opportunity’, ‘connections’, ‘socialising’ and ‘experience’. Do the same with ‘Gen Z’ replacing ‘millennials’ and – guess what – you’ll see the exact same word cloud, although perhaps in a different colour and order so you don’t think it’s based on the same homogeneous assumptions about younger generations. More →

July 6, 2023

Improved support for menopause could help women stay in work

by Neil Franklin • News, Wellbeing, Workplace

Women in the UK are urging politicians and business leaders to take steps that help them remain productive in the workforce for longer, as research shows more than half (54 percent) feel it would be difficult for them to raise issues, including menopause, with their employers and three fifths would also feel uncomfortable bringing up health and wellbeing issues with a male manager. More →

June 29, 2023

Half of traditional non-tech firms now consider themselves tech firms

by Jayne Smith • Business, News, Technology, Workplace

The pandemic years forced traditional industries to digitise their operations at speed, but three years on, non-tech enterprises across the UK – from sectors including finance, advertising, manufacturing and more – are actively embracing the ‘tech mindset’ more than ever, according to a new report. The poll from Pendo [registration], claims that nearly half (49 percent) of ‘traditional’ enterprises now consider themselves tech firms, and are adopting more ‘tech-like’ strategies, roles and tools to drive innovation and growth. More →

June 29, 2023

The constant craving to put numbers on working relationships

by Mark Eltringham • Features, Workplace design

The answer to the great question of life, the universe and everything is not 42, as you may have been led to believe. It’s 1/137 (or near enough). This is the greatest of the two dozen or so universal constants. According to current thinking, without the physical and quantum relationships it describes, the universe as we know it could not exist. More →

June 28, 2023

City dwellers take advantage of hybrid working to relocate to suburbs, towns and countryside

by Jayne Smith • Flexible working, News, Property

A new report from IWG claims that suburbs, small towns and rural areas across the US and UK are booming, as people take advantage of hybrid working to migrate from larger cities. The study, undertaken in partnership with Arup, suggests that an estimated 500,000 people will leave US cities this year – 59 percent higher than pre-2020 levels – with most moving to suburbs, revitalised former dormitory towns and rural areas. Similarly, outbound migration across the UK is continuing at a faster rate than pre-pandemic levels, and there is strong evidence that suburbs and small towns have higher levels of economic activity than before 2020. More →

June 26, 2023

A balanced approach: making hybrid working work, and accepting it isn’t optional

by Mavis Boniface • Comment, Flexible working

Hybrid working is back in the headlines – not that it ever really left. A recent report from the Centre for Cities warns hybrid working will result in an “unintended economic impact” and is calling on national government and the mayor of London to do more to remove barriers to getting people back into the office. It suggests a freeze on commuting costs and calls for better collaboration between the private and public sectors to make working in cities more appealing. More →

June 26, 2023

Over half a million people with long-term sickness want return to work

by Jayne Smith • News, Workplace

Analysis of Office for National Statistics (ONS) data from consultants Broadstone, claims that between January-December 2022, nearly a quarter (22 percent) of those forced out of the workplace because of long-term sickness said that they wanted a job. With economic inactivity because of ill-health surging to 2.6 million people as per the latest estimates through February-April 2023, it suggests that over half a million people – around 560,000 – are keen to return to employment so long as they can improve their health. According to the firm, would be a major boost to the UK economy, employers struggling with staff shortages and employees grappling with the continued cost of living crisis. More →