Search Results for: economic

Smart cities infrastructure investment to top US$375 billion in 2030

Smart cities infrastructure investment to top US$375 billion in 2030

by • Cities, News, Technology

smart citiesAccording to technology intelligence firm ABI Research, investments in urban infrastructure aimed at implementing new visions for smart cities will reach US$375 billion by 2030 as cities invest in brownfield and greenfield projects. Drivers behind urban innovation are numerous but both the digitalisation of lifestyles, accelerated by Covid-19, and the increasingly pressing need to address climate change are powerful engines for metropolitan transformation. Additional agents of change include the call for more equity and inclusiveness, scalable economic development, and more affordable living. (more…)

Social mobility is restricted by lack of confidence and support in careers

Social mobility is restricted by lack of confidence and support in careers

by • News, Workplace

social mobilityA new report from Totaljobs and the Social Mobility Foundation claims that the social mobility of millions of people from lower socioeconomic backgrounds is hampered by a lack of confidence in choice of career and lower levels of support from families and friends. Of those that started their first job in the last two years, only 50 percent from lower socioeconomic backgrounds said they were confident about eventually being able to do the job they want. This contrasts with the 71 percent of those from more privileged, professional backgrounds. This gap has widened since the pandemic. (more…)

Hybrid working could save the NHS more than £4 billion per year

Hybrid working could save the NHS more than £4 billion per year

by • Flexible working, News, Wellbeing, Working lives

hybrid workingHybrid working could save the NHS more than £4 billion per year by giving workers more time to look after themselves and their families, according to a new study by Virgin Media O2 Business and the Centre for Economics and Business Research (Cebr). (more…)

Commercial property markets in major UK cities won’t meet sustainability targets

Commercial property markets in major UK cities won’t meet sustainability targets

by • Environment, News, Property

Bristol commercial propertySix of the UK’s key regional economic centres risk not achieving their net zero targets, unless significant action is taken to upgrade and improve their commercial property in the next 10 years, according to new analysis by JLL. The report, Sustainability and Value in the Regions, suggests that 90 percent of the office stock in England and Wales’ largest regional office markets is at risk of not meeting the UK government’s target for all non-domestic properties to have an EPC B rating by 2030. These findings come at a time when three of the cities analysed – Birmingham, Bristol (pictured) and Cardiff – have committed to achieving net zero status by 2030. Leeds and Manchester, both aim to be net zero by 2038. (more…)

Why real estate businesses can’t afford not to invest in sustainability

Why real estate businesses can’t afford not to invest in sustainability

by • Environment, News

sustainabilityThe World Green Building Council (WorldGBC), a global network accelerating sustainability and decarbonisation in the building and construction sector, has set out the updated value proposition to drive investment in a sustainable built environment by launching a new flagship report ‘Beyond the Business Case’ at COP26 in Glasgow. (more…)

Millions of workers feel rushed back to the office before being ready

Millions of workers feel rushed back to the office before being ready

by • News, Wellbeing, Working lives

With more than 13.5 million workers having returned to their place of work for at least one day a week, more than four million say that they do not feel entirely safe doing so, claims new research by Direct Line Life Insurance. Some 5.5 million workers would work from home permanently if given the option and 3.6 million feel as though they are being rushed back in by their employer. (more…)

Activity climbs in third quarter for London office market

Activity climbs in third quarter for London office market

by • Cities, News, Property

LondonThe latest research from Avison Young claims that the London office market’s recovery continued in the third quarter of 2021, with activity in the occupier market increasing to 2.4 million sq ft, 26 percent above the previous quarter and 1.1 percent above the 10-year quarterly average. (more…)

EU to boost sustainable growth of Europe’s cultural and creative sectors

EU to boost sustainable growth of Europe’s cultural and creative sectors

by • Cities, Environment, News

sustainable growth in EuropeThe European Institute of Innovation & Technology (EIT) has announced a new innovation partnership, in the form of a Knowledge and Innovation Community, to support the competitiveness and sustainable growth of Europe’s cultural and creative sectors and industries. The new partnership plans to help accelerate these sectors’ recovery and unlock untapped economic opportunities in the fields of architecture, cultural heritage, design, fashion, film, music, publishing, performing arts and video games. (more…)

COVID-19 has contributed to the gender pay gap

COVID-19 has contributed to the gender pay gap

by • News, Working culture, Workplace

womenAccording to new research by the ADP Research Institute, People at Work 2021: A Global Workforce View, women are being left behind when it comes to being rewarded financially for taking on new roles or additional responsibilities to fill gaps left by COVID-19 related job losses. (more…)

To hit net zero, sustainable tech investments need to increase tenfold

To hit net zero, sustainable tech investments need to increase tenfold

by • Environment, News

Net zero reportA large increase in investment in breakthrough technologies such as hydrogen-based fuels, bioenergy and carbon-capture storage solutions is needed to hit the global goal of net zero emissions by 2050. To scale these technologies and take them to market, at least a tenfold increase in investment is needed, according to the How to Finance Industry Net-Zero report. Released by the World Economic Forum and Oliver Wyman, the report outlines how to address the supply-and-demand-side gap and take these technologies to the next level. (more…)

Age discrimination impacts job prospects of millions of over 50s

Age discrimination impacts job prospects of millions of over 50s

by • News, Wellbeing, Working culture, Working lives

ageA total of 2.99 million recent job seekers over 50 (52 percent) believe their age has made employers less likely to hire them, according to a new report from Legal & General Retail Retirement (LGRR) and the Centre for Economics and Business Research (Cebr). (more…)

The truth about the workplace comes out of the well

The truth about the workplace comes out of the well

by • Comment, Property, Technology, Wellbeing, Workplace design

The debate about the workplace and the future of work gets more interesting by the week. In the last few days alone, I’ve listened in on three great speakers talking about the opportunities, challenges, nuances and complexities of it all in a way that has been all but impossible in the past 18 months. In addition, Nigel Oseland has published his new book on people-centred work. Jo Owen’s new book on hybrid working is similarly a breath of fresh air on that particular subject. (more…)

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