Search Results for: economy

Chancellor to accelerate the sale of public buildings to plug budget gap

Chancellor to accelerate the sale of public buildings to plug budget gap

by • News, Property

Chancellor Rachel Reeves is set to announce significant measures aimed at reducing government spending and optimising public sector assets including public buildingsIn an effort to tackle the fiscal challenges and balance the UK’s budget, Chancellor Rachel Reeves is set to announce significant measures aimed at reducing government spending and optimising public sector assets including public buildings, today. Reeves will lay out her plans in her first major speech as chancellor, where she will highlight what she describes as a £20 billion gap in government spending, attributing it to the economic mismanagement of the previous government. More →

Shortage of high-quality data threatens the AI ‘boom’

Shortage of high-quality data threatens the AI ‘boom’

by • AI, News

A number of fundamental issues, including a shortage of high-quality data with which to ‘train’ the technology is threaten the AI ‘boom’, according to a new white paper from the Open Data InstituteA number of fundamental issues, including a shortage of high-quality data with which to ‘train’ the technology is threatening the AI ‘boom’, according to a new white paper from the Open Data Institute. The paper Building a better future with data and AI is based on research carried out by the Institute in the first half of 2024. It claims to identify significant weaknesses in the UK’s technological infrastructure that threaten the predicted potential gains – for people, society, and the economy – from the surge of interest in artificial intelligence and its applications. It also outlines the ODI’s recommendations for creating diverse, fair data-centric AI. More →

Accelerating the rise of the adaptable office

Accelerating the rise of the adaptable office

by • Company news, Workplace design

The growth of the adaptable office is one of the most obvious responses to the growing appetite for flexible working and agile property strategiesThe introduction of the Flexible Working Act is another sign that the concept of the ‘workplace’ has undergone a significant transformation. These shifts in work patterns, office usage and approach are all having dramatic knock-on impacts when it comes to the future of the physical infrastructure of the nation’s office environments, and the investor communities behind them. The growth of the adaptable office is one of the most obvious responses to the growing appetite for flexible working and agile property strategies. More →

British icons showcase sustainable design at Material Matters during London Design Festival

British icons showcase sustainable design at Material Matters during London Design Festival

by • Company news, Furniture, Workplace design

Bisley and MARK Product have announced their participation in Material Matters, as part of London Design Festival 2024Bisley and MARK Product have announced their participation in Material Matters, as part of London Design Festival 2024. This marks the debut of their collaboration since their strategic partnership was announced earlier this year, spotlighting their commitment to a sustainable and circular economy. Material Matters bring together over 40 world-leading brands, designers, makers and manufacturers. MARK and Bisley have been invited as part of the Room 12 exhibit, curated by designers TP Bennett and The Furniture Practice in celebration of the importance of material intelligence in architecture and design. Their installation focusses on the social aspect of the circular economy – how good jobs and skills along with building strong manufacturing and creative communities are essential for a sustainable future. More →

People are cautiously optimistic about the impact of AI and other tech

People are cautiously optimistic about the impact of AI and other tech

by • AI, News, Technology, Wellbeing

both employers and employees are optimistic about the impact new technologies, such as artificial intelligence (AI), augmented reality (AR) and virtual reality (VR) will have on their workplace – even though decision makers feel more optimistic than staffEmployers and staff are optimistic about impact of new technologies, despite uncertainty about safety according to a new British Safety Council survey. The YouGov survey commissioned by British Safety Council among 4018 UK employers and employees claims that both employers and employees are optimistic about the impact new technologies, such as artificial intelligence (AI), augmented reality (AR) and virtual reality (VR) will have on their workplace – even though decision makers feel more optimistic than staff. More →

Living the dream of better times for a new generation

Living the dream of better times for a new generation

by • Business, Comment

As a new Labour Prime Minister settles into office with a thumping majority behind him and with the Conservative opposition in utter disarray, it’s difficult not to think back to 1997 and the wave of euphoria that over took the nation. Here was a Labour government that seemed to understand the issues the country faced and the direction of travel it needed to take in the future. Tony Blair was 43 years old when he took office (nearly 20 years younger than Keir Starmer is now) and had an instinctive grasp for what Generation X craved. After all, he was the first British Prime Minster to grow up with rock and roll and appeared to embody a generational shift like no politician before him. More →

Save the Knowledge Worker – insights and strategies for remote-work success

Save the Knowledge Worker – insights and strategies for remote-work success

by • Features, Flexible working, Premium Content, Wellbeing

Kolekti’s new Save the Knowledge Worker reportUndoubtedly, the remote work revolution is in full swing. But it’s messy. Kolekti’s new Save the Knowledge Worker report found a colossal 96 percent of workers desire some form of remote work, and one in three employees is willing to quit if forced to return to the office full-time. And yet, which business leader can say their organisation has perfected the strategy for remote work? Most are still experimenting, tinkering, and tweaking. Even the end destination may be unclear for some. More →

Two in five people say they aren’t paid enough to make ends meet

Two in five people say they aren’t paid enough to make ends meet

by • News, Workplace

A new report from Indeed, released two weeks ahead of the UK General Election, suggests that more than 2 in 5 (42 percent) Brits are struggling to make ends meet. According to the survey of over 2,000 British people, those in the North East of England feel most comfortable, with less than a third (32 percent) struggling, while almost half (48 percent) of those in Scotland say their pay isn’t keeping pace.  More →

UK continues to trail behind in business investment. Incoming government won’t solve that

UK continues to trail behind in business investment. Incoming government won’t solve that

by • Business, News

A new report from the Institute for Public Policy Research (IPPR) says that the UK holds the lowest investment rates among G7 nationsA new report from the Institute for Public Policy Research (IPPR) says that the UK holds the lowest investment rates among G7 nations. The data indicates that for the third consecutive year, business investment in the UK has lagged behind its G7 counterparts. The nation also ranks 28th out of 31 OECD countries, trailing behind economies such as Slovenia, Latvia, and Hungary. More →

Forget Cannes. Commercial property sector hits the North to great effect

Forget Cannes. Commercial property sector hits the North to great effect

by • Cities, Comment, Property, Public Sector

Away from London and Cannes, the commercial property sector is holding meaningful forward looking conversationsAn hour or two on the train from that part of the UK that gets talked about most and much better optics for local authorities to chase private investment than the South of France, little wonder the UK’s Real Estate Investment and Infrastructure Forum (UK REiiF) proved so popular this year. Over 13,000 attendees descended on Leeds for three days in May this year, a figure all the more remarkable when considering the event only started in 2022 with nearly 4000 attendees, which it nearly doubled the following year. Back to 2024 then and housing was a strong focus but that’s not to say some interesting stories from the commercial property sector didn’t also arise. More →

A brief history of the future of work

A brief history of the future of work

by • Features, Flexible working, Technology, Working culture

The future of work has always existed but never arrives. It is best seen as a way of thinking about current and emerging issues The past few years and our current predicaments should serves as a reminder of that tragic, unchangeable feature of the human condition, best expressed by Kierkegaard, that we are doomed to live our lives forwards but only understand them backwards. Retrospect is particularly important when we look back on sudden, large changes that knock us off our normal path. It’s important to remember this as we continue to grapple with the nature of the present and future of work in the wake of the pandemic. More →

Furniture Makers to hold next sustainability event focussed on ecodesign

Furniture Makers to hold next sustainability event focussed on ecodesign

by • News, Workplace design

The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, is hosting its next sustainability event focussed on the issues surrounding ecodesignThe Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, is hosting its next sustainability event focussed on the issues surrounding ecodesign, including the implications of the new EU law, Ecodesign for Products Regulation (ESPR). More →

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