Search Results for: finance

Asia increasingly challenging economic hegemony of western cities

Asia increasingly challenging economic hegemony of western cities

by • Cities, News

Oxford Economics has published its annual Global Cities research report projecting the shifting landscape of the world’s leading cities from 2019 to 2035. It examine which major cities will be the urban superpowers of the future and which are poised for the most rapid expansions of their economies, populations and business heft. Its main finding is that Asia’s cities, especially those in India such as Surat (pictured) and Agra are making huge strides, although New York, Tokyo, Los Angeles and London stay as the metropolitan superpowers. New York maintains pole position while Tokyo falls below Los Angeles and London in the ranking.  (more…)

Government report calls time on late payments, addresses productivity puzzle

Government report calls time on late payments, addresses productivity puzzle

by • Facilities management, News, Property

The culture of late payment by large firms has led to the failure of many small businesses in the UK and prevented even more from thriving and improving their productivity, according to a parliamentary select committee report published today. The Business, Energy and Industrial Strategy (BEIS) committee has called on the government to enforce tougher measures on large firms who treat small businesses “disgracefully” by enforcing long payment terms or paying their suppliers late. The Small businesses and productivity report said that, for an SME to succeed, it is crucial they are paid fairly and on time.

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Business leaders are failing to drive disruptive technological change

Business leaders are failing to drive disruptive technological change

by • News, Technology

One in three (34 percent) employees believe a robot would be better at decision making than their boss if it had access to the right business intelligence. This is according to the Advanced Trends Report 2018/19, which also reveals that there is no clear leader driving technology change across UK businesses. Just 35 percent of C-Suite/Managing Directors are said to be driving technology change, while 51 percent believe responsibility falls to IT, followed by finance (19 percent) and marketing (13 percent). It perhaps comes as no surprise, then, that 59 percent of employees think less than half of people in their organisation are ready to adopt new technology to change the way they work.

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OECD, UN Environment and World Bank call for a radical shift in infrastructure thinking

OECD, UN Environment and World Bank call for a radical shift in infrastructure thinking

by • Cities, Environment, News

The OECD, UN Environment and World Bank Group have this week called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change. Delivering a new report, Financing Climate Futures: Rethinking Infrastructure, to the G20 at its Summit in Buenos Aires, the three International Organisations said governments need to adopt a more transformative agenda on low-carbon, climate-resilient investments if they are to meet the Paris Agreement goal of cutting CO2emissions to net zero in the second half of the century and build resilience to climate change.

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Line up of speakers announced for Workplace Trends: Research Spring Summit

Line up of speakers announced for Workplace Trends: Research Spring Summit

by • Events, Facilities management, News, Technology, Workplace design

The research-driven Workplace Trends Spring Summit returns for 2019. We have two sessions with invited guest speakers, our keynote and the after lunch debate. Following a recent Call for Abstracts and a blind peer review by our two moderators for the day, Nigel Oseland (Workplace Unlimited) and Mark Eltringham (Workplace Insight), the remaining sessions have now been filled with the highest ranked submissions.

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The meaning of life, the Black Mirror of Beijing, standing desks not a silver bullet and some other stuff

The meaning of life, the Black Mirror of Beijing, standing desks not a silver bullet and some other stuff

by • Features

So, what is the meaning of life? According to a study by Pew, the gold standard US based researchers, it’s spending time with family and friends, reading, listening to music and going for a walk in the open air. Work comes somewhere down the list. Just one-third of the survey’s respondents mentioned their career or job as a source of meaning, and only a quarter cite finances or money. This, it turns out, is not too far off Monty Python’s conclusion in their eponymous film:  Try and be nice to people, avoid eating fat, read a good book every now and then, get some walking in, and try and live together in peace and harmony with people of all creeds and nations. That’s that sorted then.

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Nearly a quarter of London office take up is in financial sector, says CBRE

Nearly a quarter of London office take up is in financial sector, says CBRE

by • Facilities management, News, Property

Nearly a quarter of London office take up in financial sector, says CBREDespite political and economic uncertainly and the aftermath of the global monetary crisis in 2008, London remains a leading global financial centre, with nearly a quarter (24 percent) of the capital’s office take-up attributed to banking and finance occupiers over the last ten years. London is by far the most active banking centre in Europe, according to the latest research from global real estate advisor CBRE. According to the report, 1.1 million people were employed in the UK financial services sector in 2017, of which 34 percent were in London. (more…)

Smart spaces and the other top technology trends for 2019

Smart spaces and the other top technology trends for 2019

by • News, Technology, Workplace design

Technology researcher Gartner has highlighted the top strategic technology trends it believes organisations should be aware of in 2019. Gartner defines a strategic technology trend as one with ‘substantial disruptive potential that is beginning to break out of an emerging state into broader impact and use, or which are rapidly growing trends with a high degree of volatility reaching tipping points over the next five years’. One of the interesting points to note is the inclusion of the physical workplace yet again, as we highlighted in our recent feature on the trends shaping office design.

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The self-employed live day to day but remain worried about plans for the future, claims study

The self-employed live day to day but remain worried about plans for the future, claims study

by • News

Self-employed workers are mostly financially secure and happy in the present, but concerned about the future, a new report by IPSE (the Association of Independent Professionals and the Self-Employed) and Sherpa has found. The report, ‘The Path to Prosperity, claims that although almost three quarters (72 percent) of freelancers are currently enjoying life because of how they are managing their money, 77 per cent are concerned the money they have – or are going to save – will not last. It also found that over half (51 percent) of the self-employed have felt anxious or stressed about their financial situation. This is exacerbated by the lack of tailored money management advice and flexible savings products available for the self-employed.

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Brexit has already caused banks to move head counts away from UK

Brexit has already caused banks to move head counts away from UK

by • News, Technology, Workplace

Brexit has already caused banks to move head counts out of UKA new report published by Information Services Group (ISG) claims that UK banks are already moving headcount out of the UK and building new centres of excellence in other EU countries. The reason it suggests is because Brexit is likely to disrupt the UK and Europe applications development and maintenance (ADM) services markets in the coming months, with the impact felt most notably in the banking, financial services and insurance (BFSI), healthcare and life sciences (HCLS) and manufacturing sectors. However, a September report from Reuters found that so far just 630 jobs in the finance sector have been relocated from the UK.  (more…)

Unskilled and low skilled men most at risk from Brexit

Unskilled and low skilled men most at risk from Brexit

by • News, Workplace

Men with GCSE qualifications or below employed in certain manual occupations are more likely than other groups to work in industries at particular risk from new barriers to trade with the EU after Brexit. Historically, those in this group have struggled to find equally well-paid work elsewhere when job losses have occurred. That is one of the key conclusions from detailed new analysis of trade data carried out by researchers at IFS and funded by the ESRC’s UK in a Changing Europe initiative.

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Fathers seek more flexible working, but remain concerned about impact on career

Fathers seek more flexible working, but remain concerned about impact on career

by • Flexible working, News

As more and more women are staying in the workplace after having children – and often full time – parents are demanding greater access to flexible working, but dads are still being held back by old-fashioned policies and fears that their employer will react negatively to requests to work flexibly, according to two new Workingmums.co.uk surveys.

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