Search Results for: financial

Office furniture firms take their partners

Office furniture firms take their partners

Living Office schematic from office furniture giant Herman MillerThe development of products for the workplace follow many trends, generally aiming to provide that ideal setting for maximum effectiveness and fully tuned to the philosophies of the day.  The processes involved can occupy a good proportion of time and energy for the workplace specialist and office furniture maker and feature heavily in the media. But, behind all the product cacophony, there are activities, often unseen, that make more difference to what will become available in furnishing the workplace. (more…)

Tech laggards face extinction unless they innovate

Tech laggards face extinction unless they innovate

Many larger businesses are struggling to implement digital transformation in spite of the dangers to their long term survival, a new joint report from CBI and Oracle claims. According to Bigger, Faster, Stronger, the improved adoption of technology could unlock productivity and wage growth. Research shows that more adoption, coupled with better management practices, could add £100 billion to the UK economy and cut income inequality by 5 per cent. However, only 54 per cent of UK companies believe disruptive technologies play an important role in their organisation, much lower than in countries such as France, Germany, India and Russia. (more…)

HSBC strikes 1000 desk deal with WeWork

HSBC strikes 1000 desk deal with WeWork

HSBC has agreed a deal to locate more than a thousand members of London staff in a WeWork coworking space in London. WeWork confirmed to the Financial Times that the bank has signed up for 1,135 desks at its new building at 2 Southbank Place.  The move is further proof of how coworking has become a mainstream option for large corporations as they seek to get more value our of their property and introduce new working methods. HSBC’s corporate real estate team and other staff already work from coworking spaces, but the new deal marks a step change in its strategy.

Image: WeWork’s existing coworking space at Waterloo

Long hours continue to risk mental wellbeing

Long hours continue to risk mental wellbeing

UK employees will be encouraged to leave work early on Friday as part of Go Home on Time Day, a charity initiative promoting healthy work-life balance. This couldn’t be more timely, with new research from Thomsons Online Benefits claiming that 1 in 4 (26 percent) people feel long hours at work prevent them from improving their mental wellbeing. (more…)

Area opens new Birmingham office

Area opens new Birmingham office

Office design and fit-out form Area is expanding its UK operation and opening a new office base in Birmingham to support and grow its existing client base. The move to Birmingham – one of the UK’s most dynamic regions – comes on the back of a series of successful projects in the region and builds on strong relationships with local clients such as Mills & Reeve, Zurich, Legal & General, Jaguar Land Rover, KPMG, Handelsbanken, Aviva, Grant Thornton and Deloitte. Birmingham and the West Midlands are regarded by economists and businesses alike as one of the most promising places in Britain to invest and grow, which creates opportunities for the commercial property market. (more…)

Coworking is now the key driver of change in property market

Coworking is now the key driver of change in property market

Having disrupted the property sector over the last decade, coworking continues to impact investors, developers and end users as the concept appears to be the dominant force in the commercial sector. Coworking can trace its roots back as far as the 1980s when Regus (now part of IWG) popularised the idea of a serviced office, by taking on leases of office buildings, subdividing the available space and leasing it out to small business, fully furnished and ready to rent. (more…)

Coworking is reshaping office market in London

Coworking is reshaping office market in London

Leo coworking space in North LondonThe flexible office and coworking markets have grown rapidly over the last five years, with more than 4 million sq ft leased to flexible office providers in Central London, according to a new report from digital office broker Hubble in partnership with JLL. Despite WeWork dominating the headlines and pioneering the uptake of coworking, the London market remains highly fragmented, with more than 150 providers offering some form of flex or coworking space in more than 650 separate locations. Flexible offices are projected to grow to a 11 percent share of overall office stock in London by 2023. At the end of 2018, flexible offices had a 6.3 percent share of the Central London market (14.7 million sq. ft.) and this number is set to keep growing. (more…)

Help on returning to work after cancer

Help on returning to work after cancer

Macmillan estimates that more than 125,000 people of working age are diagnosed with cancer in the UK every year, and the number of people surviving cancer will rise by approximately 1 million per decade and reach 4 million by 2040. With more people choosing to work longer, there are likely to be many cancer survivors choosing to return to work. Macmillan have also identified that over 80 percent of those who were working when diagnosed with cancer thought it important to continue working, but 47 percent had to give up work or change their roles as a result of their diagnosis. So helping people to return to work after cancer is an important issue for employers. (more…)

Discrimination against workers highest in UK

Discrimination against workers highest in UK

A new Europe wide study claims that reports of discrimination are highest in the UK where more than a third (38 percent) of respondents say they have been discriminated against, compared to a European average of 30 percent. It seems young people are also particularly affected, with 49 percent of UK workers aged 25-34 reported they had faced some form of discrimination.  The ADP Workforce View in Europe 2019 (registration) surveyed over 10,000 employees in the UK, France, Germany, Italy, the Netherlands, Poland and Spain, delving into how employees feel about issues in the workplace. (more…)

AI is the biggest business disruptor on world stage

AI is the biggest business disruptor on world stage

UK Asis TechAI and its transformational effect on the global business landscape was the dominant theme on day one of the UK Asia Tech Powerhouse Conference. Transforming urban mobility thanks to rapidly growing cities, and how Asian cities are leading the march towards a digital future also featured in the first of the two-day event, with influencers from across trade, investment and technology, including Singaporean entrepreneur Annabelle Kwok and Mark Purdy, Accenture’s Group Chief Economist and Managing Director at Accenture Research. (more…)

People are too quick to click on emails

People are too quick to click on emails

Modern working culture makes it impossible for employees to always make the right decision about what to do with emails, claims a new report from cybersecurity company Tessian and the University of Central Lancashire. The report Why Do People Make Mistakes? presents findings from a new survey of 1,000 UK employees, who were asked about their working environment and practices. Additionally, the report includes insights from cyber-psychologists Dr Helen Jones, University of Central Lancashire and Professor John Towse, Lancaster University, which further explains how certain factors in the workplace can cause people to make poor decisions. (more…)

People can hit career dead end in their fifties

People can hit career dead end in their fifties

Career opportunities for over 50sWith a rising retirement age and the prediction that by 2020, a third of UK workers will be aged 50 or over, new research from job board Totaljobs and recruitment firm Robert Walters found that many workers in their 50s find their career options and development opportunities are extremely limited.

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