Search Results for: economic

Climate health risks threaten global productivity, warns WEF

Climate health risks threaten global productivity, warns WEF

by • Environment, News

Climate-related health impacts could strip at least $1.5 trillion from global productivity by 2050, according to a new report from the World Economic ForumClimate-related health impacts could strip at least $1.5 trillion from global productivity by 2050, according to a new report from the World Economic Forum (WEF). The study warns that food and agriculture, the built environment, and health and healthcare are among the sectors most at risk unless businesses take urgent steps to adapt. The report, Building Economic Resilience to the Health Impacts of Climate Change, produced in collaboration with Boston Consulting Group, highlights the growing economic burden of heat stress, infectious disease and other climate-driven health threats. It argues that protecting workforce health is now a strategic priority, not only for humanitarian reasons but also to safeguard business continuity and economic stability. (more…)

AI, automation anxiety and the future of work: lessons from Daniel Susskind

AI, automation anxiety and the future of work: lessons from Daniel Susskind

by • AI, Comment, Workplace

Jo Sutherland reports from an enlightening lecture on how automation anxiety and fears about the future of work may not be quite as you thinkWhen I joined the audience at Gresham College for Professor Daniel Susskind’s inaugural lecture on automation anxiety, I expected the familiar line: AI is coming for our jobs. That’s not what I heard. Instead, Susskind, Professor of Business at Gresham, made a surprisingly nuanced argument, explaining that the real story was less about the number of jobs losses, and more about how the very nature of work is shifting. This piece reports on that event (available to watch below) and reflects on what his ideas mean for workplace leaders – and, from my vantage point as a communications professional working with organisations through workplace and digital transformation, how we talk to and engage our colleagues through the change. (more…)

Ten projects named as 2025 Urban land Institute Europe Awards for Excellence finalists    

Ten projects named as 2025 Urban land Institute Europe Awards for Excellence finalists    

by • News, Property

Ten projects from eight countries across the EMEA region have been announced as the finalists in the sixth annual Urban Land Institute Europe Awards for ExcellenceTen projects from eight countries across the EMEA region have been announced as the finalists in the sixth annual Urban Land Institute Europe Awards for Excellence, which recognise exemplar projects and programmes in the private, public, and non-profit sectors. This year’s finalists comprise cutting edge refurbishment, restoration and new build projects, and include residential, healthcare, mixed use, education, community, laboratory and office projects from Italy, Germany, the UK, Belgium, Sweden, Denmark, France and Spain.    (more…)

Public sector productivity gap costs UK economy eighty billion pounds a year

Public sector productivity gap costs UK economy eighty billion pounds a year

by • News, Workplace

A widening gap in productivity between the UK’s public and private sectors is costing the economy around eighty billion pounds annually, according to new analysis from EYA widening gap in productivity between the UK’s public and private sectors is costing the economy around eighty billion pounds annually, according to new analysis from EY. The report, Mind the productivity gap, claims that if public sector productivity had kept pace with the private sector since 2019, the economy would now be three per cent larger. Instead, public sector productivity has fallen by over eight per cent since the pandemic. (more…)

UK office take-up reaches highest level in three years

UK office take-up reaches highest level in three years

by • News, Property

Office take-up across the UK has reached its highest level in three years, according to new figures from CBRE.Office take-up across the UK has reached its highest level in three years, according to new figures from CBRE. The total for the twelve months to the end of the second quarter of 2025 stood at 20.3 million square feet, the highest rolling annual figure since the third quarter of 2022. CBRE reports that activity was strongest in the first half of 2025, with occupiers continuing to focus on high quality, well-located space. The firm says demand is being driven by a combination of business expansion, lease events, and the desire to secure the best available stock in a competitive market. (more…)

Memories of the Office Age 

Memories of the Office Age 

by • Cities, Features, Working lives

memories of the office ageOriginally published in November 2021. No author uses the built environment like J G Ballard. In his 1975 novel High-Rise, the eponymous structure is both a way of isolating the group of people who live and compete inside it and a metaphor for their personal isolation and inner struggles. Over the course of three months, the building’s services begin to fail. The 2,000 people within, detached from external realities in the 40-storey building, confronted with their true selves and those of their neighbours, descend into selfishness and – ultimately – savagery.  (more…)

Growing number of businesses want people back in the office, but not in all sectors

Growing number of businesses want people back in the office, but not in all sectors

by • Flexible working, News

Over two fifths (41 percent) of businesses have emphasised the need for people to work in a physical workspace such as an office over the past year, according to a new pollOver two fifths (41 percent) of businesses have emphasised the need for people to work in a physical workspace such as an office over the past year, according to a new poll from the British Chambers of Commerce (BCC). While most of the firms (67 percent) who require onsite working say it hasn’t impacted recruitment or retention, one in ten relevant businesses (9 percent) have seen staff leave in response. (more…)

How AI is already changing the world of work

How AI is already changing the world of work

by • AI, Comment, Workplace

AI is already changing the world of work, but not everybody is reacting to it in the same way, writes Laura AndersonAI is rapidly transforming the world of work. That much is clear. Understanding how different generations are adapting to this shift is therefore crucial for any organisation looking to the future.  Our recent study focusing on the generational differences in attitudes towards some of today’s biggest topics sheds some light on what might be driving these trends. Perhaps the most important finding was that nearly two-thirds of Gen Z feel concerned about AI’s impact on their future (only Baby Boomers reported more concern) – even though over half are still using AI day to day. (more…)

Average length of London flex office agreements reaches a new high

Average length of London flex office agreements reaches a new high

by • News, Property

New research from CBRE has found that the average London flex office agreement now stands at 22 months, a record highNew research from CBRE has found that the average London flex office agreement now stands at 22 months, a record high since CBRE started tracking the data in 2020. In addition to longer commitments from occupiers, pricing in the capital has increased in recent years for best-in-class locations, with CBRE’s data showing H1 2025 rents in Mayfair & St James’s achieving an average of £315 per sq ft, and a top rate of £380 per sq ft, the highest in the UK. (more…)

Why winning the AI race starts with workforce readiness

Why winning the AI race starts with workforce readiness

by • AI, Comment, Workplace

While AI is heralded as a transformative force across industries, a quieter challenge threatens to slow its momentum: the growing shortage of skilled AI professionals. Behind the buzz of breakthroughs lies a stark reality — companies are racing to adopt AI, but many are leaving their people behind. Recent data shows the skills required for AI-exposed jobs are evolving 66 percent faster than for other roles — a dramatic leap from just 25 percent a year ago. The demand for AI talent is surging in the UK, where the job market is cooling off. Yet, as job postings requiring AI skills continue to climb, this only underscores a critical imbalance felt across the job market. (more…)

Poorly designed and managed workplaces costing the UK over £70 billion a year, report claims

Poorly designed and managed workplaces costing the UK over £70 billion a year, report claims

by • Facilities management, News, Workplace design

A new report suggests that the quality of workplace environments could have a significant impact on the UK’s economic performance.A new report suggests that the quality of workplace environments could have a significant impact on the UK’s economic performance. According to a new report published by facilities management company MITIE, ineffective workspaces may be costing the economy up to £71.4 billion in GDP each year. The study claims to highlight how various physical and environmental workplace factors can affect employee productivity. (more…)

Regional inequalities in the quality of work continue to widen, new report claims

Regional inequalities in the quality of work continue to widen, new report claims

by • News, Wellbeing, Workplace

A new report from the Institute for the Future of Work (IFOW) shows that while employment levels across the UK remain high, the quality of work available to people varies sharply depending on where they liveA new report from the Institute for the Future of Work (IFOW) shows that while employment levels across the UK remain high, the quality of work available to people varies sharply depending on where they live. The 2025 edition of the Good Work Time Series suggests that regional inequalities in job quality are widening. Although people are in work, they are not necessarily in good work, with the study highlighting issues such as low autonomy, poor pay, unsocial hours and limited opportunities for development in many parts of the country. (more…)

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