Search Results for: finance

Two thirds of workers sit at desk over six hours a day

Sitting_at_DeskTwo-thirds of office workers sit at their desk for over six hours a day – putting themselves at risk of back complaints. A survey by Office Angels found that 63 per cent of workers spend six hours or more sitting at their desk, over half (51 per cent) slouch in their chair and nearly half (48 per cent) admit to not leaving the office all day. A fifth (21 per cent) of people also admitted to taking their work home with them and a third (32 per cent) work late on a regular basis. The study ‘Work happy, Work well”, which looks at the nation’s wellbeing and bad habits in the workplace reveals that sales, media and marketing (60 per cent) and finance (54 per cent) are the sectors with the highest number of desk bound workers.

More →

Marked improvement in US energy efficiency

Energy use in US

The US is consuming energy considerably more efficiently and with lower emissions than just five years ago thanks to a slew of modern technologies that are changing decades-old patterns, according to a major new report compiled by Bloomberg New Energy Finance for the Business Council on Sustainable Energy. Energy Star-certified commercial building floor space has increased by 139% from 2008 to 2012, and the stringency of building air conditioning efficiency standards has increased by up to 34% since 2005. Overall, energy intensity for US commercial buildings has now dropped by more than 40% since 1980. More →

We shape the World’s cities, then they shape us

ChonggingThe story of the world’s cities is often told not in words but in numbers. This is especially the case with the megacities – those with a  population in excess of 10 million – which obtain enough critical mass not only to produce eye boggling statistics but also to distort the fabric of whole regions and change the way people live and behave. This is true for the established megacities of London, New York and Tokyo as well as the emerging global metropolises in Sao Paolo, Beijing, Mumbai, Shanghai, Cairo and Istanbul.

More →

Tech and media firms drive demand for London offices

Tech City

The UK’s thriving technology and media sectors are driving demand for office space in London, creating hotspots of businesses and talent according to a new report published yesterday by property services provider Colliers International. However a shortage of supply means that not only are tech and media firms driving up rents and supplanting traditional businesses, many are adopting more ‘institutional-style’ office spaces then using design and refurbishment to put their own stamp on them.

More →

Happiness levels in UK workplaces growing, says Government.

smiley faceThe general level of satisfaction in the UK’s workplaces has increased significantly in spite of ongoing economic uncertainty according to a report from the Government published yesterday. The study of more than 21,000 employees, found that job satisfaction levels actually increased in 2012 with a fifth (20 per cent) of employees either ‘satisfied’ or ‘very satisfied’ with all aspects of their job, compared to just 16 per cent in 2004 when the survey last appeared. The report also showed that levels of commitment to individual employers had also increased over the same period, with the proportion of employees who said they shared the values of their organisation up from 55 per cent to 65 per cent. More →

Business spending to grow for two years, forecast Ernst & Young

Business spending will grow tentatively over the next two years, according to a new report from the ITEM Club, an economic research group established by Ernst & Young. It predicts that overall spending by businesses will grow by just over three per cent this year and a further 8.1 per cent in 2014. This is good news following a number of recent economic forecasts but means that spending will remains some way short of its pre-downturn peak. The ITEM Club also called on the UK Government to do more to stimulate growth. More →

Greater clarity required for UK infrastructure plan

1011676_200

The National Audit Office has called on the UK government to provide greater clarity to taxpayers and consumers on how it will meet its national infrastructure plan. The government expects £310 billion to be spent by 2015 and beyond on new infrastructure projects in sectors such as energy, rail, roads, water, waste, flood defences and digital communications. The government is looking to private companies to own and finance around 64 per cent of the £310 billion, with the burden of funding likely to shift towards the public as consumers rather than taxpayers.

More →

Gulf developments are talking the big numbers

Following the announcement at the end of last year from the ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, that the emirate was to build what it called a new city within its borders, the Government of neighbouring Abu Dhabi has announced that it plans to spend around £56bn on capital projects over the next five years as it seeks to restructure its economy to reduce its reliance on the oil and gas industry. Abu Dhabi is the largest emirate state and its investment marks a significant shift in the economic focus of the region.  More →

JLL’s CEO new Chairman of the UK Green Building Council

Jones Lang LaSalle’s Andrew Gould has succeeded Dan Labbad, Group CEO of Lend Lease, as Chairman of the UK Green Building Council. He takes up the position at a time when business leaders are increasingly focused on the need to show leadership on climate change and recognise the opportunities for green growth in the UK. The UK Green Building Council is an industry-led campaign group, part of a global network of Councils that are active in over 90 countries worldwide. More →

Only one in five FDs see suppliers as strategic partners

Only one in five finance directors see their suppliers as ‘strategic partners’, according to a survey of finance leaders in the UK and Ireland carried out by Expense Reduction Analysts (ERA). The report also revealed that 77 per cent of companies work on a short term basis when procuring products and services and resort to a defensive cost-cutting mentality when money is tight. More →

Regional slump responsible for overall UK property fall

Canary-Wharf_1

The New Year starts with news from Chicago based property broker Jones Lang LaSalle that investors spent some £ 30 billion on  income generating property in the U.K. during 2012, about 9 percent less than in 2011. However there was a marked disparity between the London market and the rest of the UK. London deals totaled £18 billion in 2012, the highest figure for four years, while purchases outside the capital reached 12 billion pounds, the lowest amount over the same period. More →