Search Results for: economic

Flexible workspace, cognitive dissonance and lessons learnt from The Shining

Flexible workspace, cognitive dissonance and lessons learnt from The Shining

by • Comment, Flexible working, Property

If you were to take LinkedIn posts as a barometer of market confidence you would get the sense that flexible workspace / coworking is powering ahead. But this initial impression is simply not backed up by the statsAt the start of the Shining, the seminal horror film of the 1970s, the fantastically unsettling orchestral score provides the clue that this happy family of the opening scene is going to end very, very badly. But the key element of the film is the casting of Jack Nicholson in a kind, smiling role as a writer and loving parent – from the minute the camera settles on that jarring smile, it is obvious that something is off. And this is cognitive dissonance – Jack is being portrayed as a loving husband to Shelley Duvall with your nerves jangling and telling you that he is everything but that…… More →

Hybrid working improves self-reported wellbeing and productivity

Hybrid working improves self-reported wellbeing and productivity

by • Flexible working, News

Hybrid working improves employee health and wellbeing, reducing stress, and boosting productivity, according to a new study by flexible office provider International Workplace Group.Hybrid working improves employee health and wellbeing, reduces stress, and boosts productivity, according to a new study by flexible office provider International Workplace Group. The research, which surveyed more than 2,000 hybrid workers, found that 34 percent reported taking fewer sick days since gaining flexibility over how and where they work. The findings suggest that hybrid work enables better overall health management. More than seven in ten respondents (71 percent) said flexible arrangements allow them to prioritise preventative healthcare, such as regular screenings and check-ups, while 69 percent said they can better manage existing health conditions. The reduction in stress-related illnesses was also significant, with 68 percent of hybrid workers reporting fewer symptoms such as headaches, digestive issues, and tension-related pain. More →

Five years on and firms are also suffering from the effects of long Covid

Five years on and firms are also suffering from the effects of long Covid

by • Flexible working, News, Wellbeing

Many employers are still struggling with the long-term effects of the Covid-19 pandemic, five years after the first UK lockdown begaMany employers are still struggling with the long-term effects of the Covid-19 pandemic, five years after the first UK lockdown began, according to the CIPD. While the pandemic led to significant changes in working practices and an increased focus on employee wellbeing, challenges around productivity and economic inactivity persist. The pandemic brought widespread upheaval, with many people experiencing job losses, business closures, and the loss of loved ones. However, the CIPD argues that it also prompted positive changes in the workplace, including greater flexibility in working arrangements and increased adoption of technology to support collaboration. Despite these developments, many businesses continue to face difficulties, particularly as the cost-of-living crisis and economic uncertainty exacerbate the challenges of workforce engagement and productivity. More →

UK Government grants Crown Estate new investment powers to drive growth

UK Government grants Crown Estate new investment powers to drive growth

by • News, Property, Technology

New powers enable the Crown Estate to invest up to £1.5 billion over the next 15 years in sectors such as clean energy, infrastructure, and digital technologiesThe UK government has introduced a new bill to update the Crown Estate Act of 1961 which will grant the Crown Estate new investment powers. Officials claim this will stimulate economic growth and increase returns for taxpayers. According to the government, these new powers enable the Crown Estate to invest up to £1.5 billion over the next 15 years in sectors such as clean energy, infrastructure, and digital technologies. More →

Global real estate markets grow (very cautiously) optimistic

Global real estate markets grow (very cautiously) optimistic

by • News, Property

The global real estate sector thinks it is close to ending a three-year journey to recovery, with a widely held view that 2025 may breakthrough to a ‘reset point’ or commence a new cycle. Even so, real estate leaders globally are braced for another challenging year of uncertaintyThe global real estate sector thinks it is close to ending a three-year journey to recovery, with a widely held view that 2025 may breakthrough to a ‘reset point’ or commence a new cycle. Even so, real estate leaders globally are braced for another challenging year of uncertainty, with lingering inflation, largely driven by factors including geopolitical instability, and persistently higher interest rates in some regions, potentially delaying a hoped-for recovery in capital markets and occupancy metrics. This is according to the Emerging Trends in Real Estate Global Outlook 2025 from PwC and the Urban Land Institute (ULI), which provides an important gauge of global sentiment for investment and development prospects, amalgamating and updating three regional reports which canvassed thousands of real estate leaders across Europe, the United States and Asia Pacific. More →

More employees than ever say that they are engaged with what they do

More employees than ever say that they are engaged with what they do

by • Flexible working, News, Wellbeing

More employees than ever say that they are engaged with what they doNearly one in five employees worldwide reported being fully engaged on the job, a record high going back a decade according to polling in ADP Research’s People at Work 2025 report. It was the third straight year that the share of engaged workers grew, according to the survey. The study claims there is a strong relationship between work location and employee engagement. While 56 percent of the 38,000 employees surveyed worldwide say they work on-site every day (up 2 points compared to last year and up 8 percentage points compared to 2022), only 12 percent work exclusively remotely (down 1 percentage point) and 32 percent work in hybrid mode (down two percentage points compared to last year). More →

A better focus on workplace wellbeing could add around £1 billion to UK economy, report claims

A better focus on workplace wellbeing could add around £1 billion to UK economy, report claims

by • News, Wellbeing

The commission's report on workplace wellbeing argues that a proactive and preventive approach to employee health could prevent at least 100,000 people from exiting the workforce over the next five years, potentially saving the government over £1 billion during this period.Enhancing support for individuals with health conditions to remain in employment could lead to significant economic benefits for the United Kingdom, according to a new report from the Commission for Healthier Working Lives. The commission’s report on workplace wellbeing argues that a proactive and preventive approach to employee health could prevent at least 100,000 people from exiting the workforce over the next five years, potentially saving the government over £1 billion during this period. More →

An AI divide risks growth for many organisations, new Microsoft research claims 

An AI divide risks growth for many organisations, new Microsoft research claims 

by • AI, News

An opportunity to boost the UK’s economy and improve public services could be at risk if too many organisations don't act on AIAn opportunity to boost the UK’s economy and improve its public services in ‘the coming age of agentic AI’ could be at risk if too many organisations remain ‘stuck in neutral’ on artificial intelligence, ?according to?new research?commissioned by Microsoft. The study, led by Dr Chris Brauer at Goldsmiths, University of London, claims that the highest performing businesses and most productive public sector organisations have a clear strategy in place and are preparing for the next wave of the technology – which the report refers to as agentic AI.?1 More →

UK Government set to ditch ‘right to switch off’ and make concessions on other employment rights

UK Government set to ditch ‘right to switch off’ and make concessions on other employment rights

by • News, Wellbeing, Workplace

The government is set to abandon plans to introduce a legal right for employees to “switch off” outside working hoursThe government is set to abandon plans to introduce a legal right for employees to “switch off” outside working hours, in a move aimed at easing the burden of Labour’s employment reforms on businesses. The policy was a key element of Sir Keir Starmer’s pledge to establish a “new deal for working people.” Although it was not included in the Employment Rights Bill currently passing through Parliament, ministers had previously committed to implementing a right to switch off in the future. More →

We may think we are pretty aware of the effects of AI. But posterity may draw different conclusions

We may think we are pretty aware of the effects of AI. But posterity may draw different conclusions

by • AI, Comment, Wellbeing

Artificial Intelligence (AI) is reshaping the world around us at breakneck speed, unlocking opportunities we could not have even imagined a few years ago. But with its potential comes an immense set of challenges. How we handle this transformation will define the future of our workplaces, economies, and societies. Recent events, including Trump’s revocation of Biden’s executive order addressing AI risks, Labour’s ambitious plans to integrate AI across the UK, and Facebook’s unsettling U-turn on content moderation, highlight the urgent need for businesses to take an ethical, informed, and responsible approach to AI adoption. More →

We need to address the UK’s creative skills shortage 

We need to address the UK’s creative skills shortage 

by • Comment, Workplace

With the right investments in skills, tools, and training, the UK can continue to lead the world in creativity and cultural influenceThe UK’s creative industries, from film and television to the dynamic video game sector, are cultural flagships and economic cornerstones. Valued at £125 billion annually, the creative industries are named one of the UK government’s eight growth-driving sectors in its Industrial Strategy. Yet, a significant obstacle looms over their continued success: a persistent and growing skills shortage. This gap threatens to stifle innovation and global competitiveness, particularly in the booming video game industry. More →

CIFF Guangzhou creates a new ecosystem of sustainable office and commercial space

CIFF Guangzhou creates a new ecosystem of sustainable office and commercial space

by • Company news

After the remarkable success of the March 2024 edition, CIFF Guangzhou is preparing to unveil an even more innovative chapter in March 2025, welcoming global furniture industry leaders to the Canton Fair ComplexAfter the remarkable success of the March 2024 edition, CIFF Guangzhou is preparing to unveil an even more innovative chapter in March 2025, welcoming global furniture industry leaders to the Canton Fair Complex, with the Office and Commercial Space sector poised to redefine workplace environments for the future. The timing of the 55th CIFF Guangzhou 2025 aligns perfectly with the global office furniture market’s exceptional growth, projected to reach $66.1 billion in 2024 and expand to $99.3 billion by 2029, driven by rapid economic growth, urbanization, and increasing renovation projects worldwide. More →

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