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One in twenty premises remain closed following lockdown

One in twenty premises remain closed following lockdown

New data released by facilities services provider phs Group claims one in 20 premises remain closed after 43 percent were shut down during the coronavirus lockdown. In London, the impact is even more pronounced with the city failing to attract people back in the aftermath of stringent COVID-19 lockdown measures. (more…)

People still love the office, but would prefer one closer to home

People still love the office, but would prefer one closer to home

A new survey from IWG claims that commuting remains the biggest barrier to the return to office life post-Covid, with only 8 percent of British workers now prepared to travel more than an hour to get to work. In the short term, workers are set to follow Government guidance by continuing to work from home, in the longer-term, six in ten (57 percent) want an office that is closer to home and an even greater proportion (77 percent) say that a more conveniently located office is a must-have for their next job move. (more…)

Office space costs fall for only the second time

Office space costs fall for only the second time

office space

Lambert Smith Hampton (LSH) has published the results of its annual Total Office Costs Survey (TOCS), claiming that the average outlay of occupying office space in the UK fell by 1.3 percent over the 12 months to June 2020 for new build accommodation and 1.6 percent for 20-year old buildings. This is only the second time costs have fallen in the survey since the global financial crisis in 2008 and contrasts sharply with the 3.6 percent increase in costs in 2019. (more…)

Furloughed employees feel less valued

Furloughed employees feel less valued

Furloughed employeesA new survey published by Boston Consulting Group (BCG) claims that while 78 percent of those who experienced a change in workplace felt that they had experienced positive impacts, furloughed employees have had a significantly different experience. (more…)

Kitchen table `entrepreneurs` surge since lockdown

Kitchen table `entrepreneurs` surge since lockdown

EntrepreneursOne in five Britons (19 percent) have become ‘kitchen table entrepreneurs’ during lockdown, either starting a business since March or putting plans in place to do so, claims new research by Direct Line – Business. Of those who haven’t yet started their venture, one in five (19 percent) hope to have it up and running by the beginning of 2021. (more…)

Employees concern over the fairness of who returns to the office

Employees concern over the fairness of who returns to the office

FairnessFairness around office rota decisions and implementation is a top employee concern, claims new research by HSM. As employers now consider the impact of a second wave of Covid-19, the Government is now encouraging people to work from home and grapple with decisions around how and when to bring people back to the office. (more…)

Back to the floor: how life on the stock exchange has changed

Back to the floor: how life on the stock exchange has changed

Let’s face it: there can’t have been many workplaces left untouched by the coronavirus pandemic. On the busy trading floors at the major stock exchanges and investment companies – and the big financial districts as a whole – life has changed considerably. (more…)

New demand for office space indicates mass `return to work`

New demand for office space indicates mass `return to work`

Return to workWater cooler chats and the buzz of office life is set to remain on hold until at least the New Year as businesses look to restructure their office needs from January. A government drive to see more office employees return to work in the workplace has seen a rise in commuters to more than 60 percent according to the latest figures from the Office for National Statistics. (more…)

Singapore, Helsinki and Zurich are top of the world`s smart cities

Singapore, Helsinki and Zurich are top of the world`s smart cities

Singapore, Helsinki and Zurich have taken the top three places positions in the 2020 IMD-SUTD Smart City Index Report, a collaboration between IMD and Singapore University of Technology and Design (SUTD). The 2020 Index ranked 109 cities, 7 more than in last year’s inaugural edition, by using both economic and technological data, taken together with citizens’ perceptions of how “smart” their cities were. It is published under the aegis of the IMD Smart City Observatory (SCO). (more…)

Commercial property market in Oxford-Cambridge Arc proving resilient

Commercial property market in Oxford-Cambridge Arc proving resilient

Take-up of office and laboratory space in the Oxford-Cambridge Arc has remained resilient during the first half of 2020, according to a new report from property consultants Bidwells. The firm claims that 117,600 sq ft was taken in Oxford between January and July, reaching 85 per cent of the city’s ten-year average despite the Covid-19 pandemic. (more…)

Career change becomes a priority for more than half of people

Career change becomes a priority for more than half of people

CareerMore than half of UK workers – 53 percent – plan to make a change to their career in the next 12 months as a direct result of the Coronavirus pandemic according to a new study from Aviva. The How We Live report claims the most popular career aspiration emerging from the crisis is the desire for flexibility. One in 10 (10 percent) UK workers say that in the next 12 months, they aim to find a role that will allow them to work from home. (more…)

Supporting hybrid teams, both in and out of the office

Supporting hybrid teams, both in and out of the office

HybridAs the UK is in the midst of the traditional ‘back to school’ period, many workplaces are debating over when to return to the office, and how. The sudden move to remote working during lockdown has proven that a new hybrid way of working is in fact possible for numerous organisations, but this has come at the expense of face to face communication and in person collaboration. (more…)