July 30, 2024

Businesses planning major investments into Generative AI to increase productivity

A new report from Cognizant and Oxford Economics New Work, New World: Quantifying Global Gen AI Momentum suggests that firms are planning major investments into generative AI technologies to drive increases in productivity, but are still being cautious about their impact. Additionally, 76 percent of businesses say they are looking to leverage the technology to create new revenue streams, while 58 percent are incorporating revenue increases into their business cases. More →

October 14, 2021

To hit net zero, sustainable tech investments need to increase tenfold

by Neil Franklin • Environment, News

A large increase in investment in breakthrough technologies such as hydrogen-based fuels, bioenergy and carbon-capture storage solutions is needed to hit the global goal of net zero emissions by 2050. To scale these technologies and take them to market, at least a tenfold increase in investment is needed, according to the How to Finance Industry Net-Zero report. Released by the World Economic Forum and Oliver Wyman, the report outlines how to address the supply-and-demand-side gap and take these technologies to the next level. More →

December 11, 2020

Increased revenue, savings and productivity from tech investments accelerated by COVID-19

by Jayne Smith • Business, News, Technology

Nearly seven in 10 business leaders and decision-makers say that investments in digital technologies in 2020 have enabled their organisations to increase revenue, save money and improve productivity, according to a new survey released by Randstad US. More →

February 14, 2020

Watchdog raises concerns at councils` commercial property investments

by Neil Franklin • News, Property

Some local authorities in England have invested significant public money in buying commercial property over the past three years with the aim of generating a financial return. Debt has increased for many of these authorities as a result, with a small group seeing significant increases in the amount they owe and the cost of repayment, according to the National Audit Office (NAO). More →

February 6, 2019

Majority of businesses fail to see a return on their technology investments

by Neil Franklin • News, Technology

According to a new report from Accenture, the majority of businesses don’t see a return on their technology investments and just 14 percent of businesses manage to realise the full potential of their tech investments. Roughly $3.2 trillion was spent on new technology in the last five years. Businesses that were most successful with their investments were the ones investing in bold moves, rather than incremental shifts.

May 1, 2017

Fresh concerns raised about council investments in commercial property market ⁰

by Mark Eltringham • Comment, Property, Public Sector

As we reported last month, the level of investment in commercial property undertaken by UK local authorities is raising serious concerns within both central government and the real estate sector. Now, a fresh warning has been issued by the former business secretary Sir Vince Cable that councils face potential bankruptcy if the property bubble bursts. In recent years councils have faced an average 37 percent real term cut in government funding and so have taken to borrowing large sums at low interest rates from the Treasury’s Public Works Loan Board to reinvest in commercial property ventures. The move has already been identified as risky by the Government’sown Public Accounts Committee and Cable joins a chorus of voices in expressing doubts.

March 14, 2025

New research claims there is a lack of support for many neurodiverse employees

by Neil Franklin • News, Wellbeing, Workplace

A significant proportion of employees feel unsupported in the workplace when it comes to neurodiversity, according to new research from City & Guilds. The organisation’s latest annual Neurodiversity Index 2025 reveals that nearly one in three neurodiverse employees are dissatisfied with the support they receive from their employer, while over a third of neurodivergent respondents reported that they had no onboarding support when starting their jobs. More →

March 10, 2025

A better focus on workplace wellbeing could add around £1 billion to UK economy, report claims

by Neil Franklin • News, Wellbeing

Enhancing support for individuals with health conditions to remain in employment could lead to significant economic benefits for the United Kingdom, according to a new report from the Commission for Healthier Working Lives. The commission’s report on workplace wellbeing argues that a proactive and preventive approach to employee health could prevent at least 100,000 people from exiting the workforce over the next five years, potentially saving the government over £1 billion during this period. More →

January 31, 2025

We need to address the UK’s creative skills shortage

by Chris Meredith • Comment, Workplace

The UK’s creative industries, from film and television to the dynamic video game sector, are cultural flagships and economic cornerstones. Valued at £125 billion annually, the creative industries are named one of the UK government’s eight growth-driving sectors in its Industrial Strategy. Yet, a significant obstacle looms over their continued success: a persistent and growing skills shortage. This gap threatens to stifle innovation and global competitiveness, particularly in the booming video game industry. More →

January 20, 2025

Businesses are cautiously optimistic despite economic and technological uncertainty

by Neil Franklin • Business, News

Almost 60 percent of CEOs around the world expect global economic growth to increase over the next 12 months, according to PwC’s 28th Annual Global CEO Survey, launched during today’s World Economic Forum Annual Meeting. The report, which surveyed 4,701 CEOs across 109 countries and territories, also finds that 42 percent of businesses expect to increase headcount by 5 percent or more in the next 12 months – more than double the proportion who expect headcount decreases (17 percent), and up from 39 percent last year. The percentage is highest (48 percent) among smaller companies (less than US$100 million) and those in the technology (61 percent), real estate (61 percent), private equity (52 percent) and pharma and life sciences (51 percent) sectors. More →

November 22, 2024

The challenge for the workplace in 2025: transformation when everybody is already tired of change

by Marvin Gort • Business, News, Workplace

In 2025, human resource leaders say they will be focusing on navigating the complexities of workplace transformation, at a time when most people say they are already worn out by change. This is one of the key findings from the Gartner HR Priorities Survey [registration] of over 1,400 HR leaders from 60 countries and a range of industries. The report highlights five pivotal areas—leader and manager development, organisational culture, strategic workforce planning, change management, and HR technology—as central to driving change in an evolving business landscape. More →

October 29, 2024

How commercial property owners can boost revenues and occupancy in light of the Autumn Budget

by Dieter Wood • Comment, Facilities management, Property, Workplace design

The Autumn Budget is anticipated to introduce a series of tax increases that could directly impact commercial property owners, including changes to capital gains tax (CGT), national insurance contributions, and business rates. These changes could have a ripple effect across the property market, influencing both investment decisions and tenant demand. These are the key areas of concern for commercial property owners. More →