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Unintended economic consequences of remote working becoming evident

Unintended economic consequences of remote working becoming evident

New data suggests that office attendance in London has recovered strongly since the end of Covid restrictions, confounding predictions of remote working becoming the ‘new normal’New data suggests that office attendance in London has recovered strongly since the end of Covid restrictions, confounding predictions of remote working becoming the ‘new normal’, according to a new report from the Centre for Cities. However, recovery has stalled in 2023 and the report, London, Office politics: London and the rise of home working, co-authored with Professor Dan Graham and his colleagues from Imperial College and published in partnership with EC BID, addresses the possible economic risks of businesses adopting hybrid working permanently. (more…)

Growth in self-employment a good sign of economic recovery

Growth in self-employment a good sign of economic recovery

IPSE (the Association of Independent Professionals and the Self-Employed) has welcomed new figures from the Office for National Statistics (ONS) showing year-on-year growth in self-employmentIPSE (the Association of Independent Professionals and the Self-Employed) has welcomed new figures from the Office for National Statistics (ONS) showing year-on-year growth in self-employment. There are 154,000 more self-employed than this time last year. In total, there are now 4.4 million operating in the UK. The data also revealed a significant rise in the number of women choosing to work for themselves, with an additional 93,000 self-employed women compared to the same time last year. (more…)

Most people don’t worry that they are about to be replaced by artificial intelligence

Most people don’t worry that they are about to be replaced by artificial intelligence

Most people don't worry that they are about to be replaced by artificial intelligence, a new report claims. Artificial intelligenceDespite all of the recent debate around the rapidly increasing abilities of Artificial Intelligence (AI), a new poll from ID Crypt Global, suggests that more than 80 percent of people have no concern that the technology is going to replace them in the workplace. Thanks to the recent rise of Chat GPT and other rival chatbots, the debate around AI has heated up with people all over the world debating both the good and bad of allowing autonomous technology into our lives, homes, and workplaces. (more…)

Most firms don’t see retrofit as part of their net zero strategy

Most firms don’t see retrofit as part of their net zero strategy

Without boards changing their attitudes and government action, the UK faces a building retrofit crisis which threatens the nation’s ability to ever reach net zeroDespite organisations and the Government setting environmental targets, when it comes to buildings, there remains a lack of commitment to prepare for net zero. Without boards changing their attitudes and government action, the UK faces a building retrofit crisis which threatens the nation’s ability to ever reach net zero. That is the main finding of a new report which explores the current state of retrofit for commercial property in the UK. (more…)

Flexible working and its benefits are enjoyed most by highest paid workers

Flexible working and its benefits are enjoyed most by highest paid workers

Low paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 reportLow paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 report from advocacy group Flexibility Works. Just half (51 percent) of workers surveyed for the report earning less than £20,000 a year work flexibly, compared with eight in ten (80 percent) workers earning more than £50,000. The figures are from an analysis of flexible working in Scotland, which is supported by the Scottish Government and The Hunter Foundation. (more…)

WorldGBC launches Circular Built Environment Playbook

WorldGBC launches Circular Built Environment Playbook

The World Green Building Council (WorldGBC) and its network of over 75 Green Building Councils are launching the Circular Built Environment Playbook.The World Green Building Council (WorldGBC) and its network of over 75 Green Building Councils are launching the Circular Built Environment Playbook. The organisation claims this is ‘a critical guide for the building and construction sector around the world to accelerate the adoption of circular economy and resource efficiency principles’. (more…)

Three quarters of small business owners say overwork leads to strife at home

Three quarters of small business owners say overwork leads to strife at home

AOne of the consequences of overwork for SME owners is a tendency for stress to spill over into other parts of their lives new poll from Sky Business claims that whilst 67 percent of SME owners and decision makers would recommend someone should start their own business, more than half (54 percent) have found running their own business more stressful since the threat of impending recession in the middle of 2022. And one of the consequences of overwork for SME owners is a tendency for stress to spill over into other parts of their lives. (more…)

UKGBC launches new guidance to empower the built environment to deliver Biodiversity Net Gain

UKGBC launches new guidance to empower the built environment to deliver Biodiversity Net Gain

The UK Green Building Council has launched new guidance which it claims will empower the built environment sector to deliver Biodiversity Net Gain as a key element in its developments.The UK Green Building Council has launched new guidance which it claims will empower the built environment sector to deliver Biodiversity Net Gain as a key element in its developments. Biodiversity Net Gain policy requirements will come into effect in November and will mandate that all new developments must design and deliver solutions that support nature. (more…)

Around a quarter of jobs will shift over the next five years, WEF report claims

Around a quarter of jobs will shift over the next five years, WEF report claims

Almost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic ForumAlmost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic Forum. Its Future of Jobs Report for 2023 suggests that employers anticipate 69 million new jobs to be created and 83 million eliminated among the 673 million jobs corresponding to the dataset, a net decrease of 14 million jobs, or 2 percent of current employment. The data is an extrapolation of data from 803 employers employing around 11 million people. (more…)

Reconnecting older workers with the office: have we retired what matters most?

Reconnecting older workers with the office: have we retired what matters most?

If we look at what older workers are actually saying about work and workplaces, there is an appetite for change, says Julie LecoqOlder workers now make up a larger percentage of the workforce than they did two decades ago. Data from Legal and General and the Centre for Economic Research (Cebr) suggests that the number of over 50s in employment has increased by 36 percent in the last 20 years, with 47 percent of this age group predicted to be in employment by 2030. A combination of the increase in retirement age and rising costs of living have made it a necessity for individuals to stay in work longer. From a corporate perspective, the growing skills shortages in a range of sectors has also meant that employers are consistently seeking to attract and retain those in the latter stage of their professional career. (more…)

Zürich named as world’s leading smart city in list dominated by Asia and Europe

Zürich named as world’s leading smart city in list dominated by Asia and Europe

Zürich has been named as the world’s leading smart city according to the latest annual Smart City Index published by IMD business schoolZürich has been named as the world’s leading smart city according to the latest annual Smart City Index published by IMD business school. Asian and European cities dominate this year’s top twenty. Among them, IMD names six “super champions” because they have been continuously improving their performance since 2019: Zürich, Oslo, Singapore, Beijing, Seoul and Hong Kong. (more…)

EU building data project to drive full decarbonisation in three European countries

EU building data project to drive full decarbonisation in three European countries

Czechia, Ireland and Spain will be the first countries to participate in a new initiative which aims to boost the availability of quality building climate data, a critical step towards full decarbonisation of the heavily emitting construction sectorCzechia, Ireland and Spain will be the first countries to participate in a new initiative which aims to boost the availability of quality building climate data, a critical step towards full decarbonisation of the heavily emitting construction sector, responsible for almost 40 percent of global carbon emissions. The INDICATE initiative will bring together governments, industry and academia to tackle one of the most common barriers to enacting policies which will ensure climate neutral construction: a lack of reliable and comprehensive emissions data for buildings. (more…)