May 29, 2018
Drones could add £42 billion to UK GDP by 2030
Drone technology has the potential to increase UK GDP by £42 billion (or 2 percent) by 2030, according to new research from PwC. The research estimates there will be more than 76,000 drones in use across UK skies by 2030. More than a third of these (36 percent) could be utilised by the public sector (including in areas such as defence, health and education). The report claims that drone technology could help the UK achieve up to £16bn in net cost savings by 2030 through increased productivity. The technology, media and telecoms (TMT) sector stands to save the most by using drones, with a potential net saving of £4.8bn by 2030.
March 20, 2018
Enter the MIPIM bandwagon, towed by pink elephants
by Anna King • Comment, Property, Technology
The old adage “once you spot a bandwagon, it’s probably too late to jump on” was certainly true at this year’s MIPIM if only for the increase in journalists sent by the national press (allegedly) hoping to catch a glimpse of men behaving badly and weaving tales of excess. Whilst the message of #TimesUp was heard loud and clear in the property world after the recent expose at the Presidents Club, the reality is the hedonistic opulence actually came to an end in 2009 after the global crash. That was the year that the property market realised they needed to do things differently and it was the beginning of putting people first. But it takes time for thoughts to turn to actions and reality, and a number of senior women that I spoke to observed that what we are now seeing are results of change and a drive to continue that change.
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