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Brexit continues to dampen UK commercial property market

Brexit continues to dampen UK commercial property market

Brexit continues to affect the UK commercial property marketThe Brexit impasse is contributing to perceptions that the UK Commercial Property Market is in the downturn phase of the property cycle, according to the Q3 2019 RICS UK Commercial Property Market Survey. The latest results suggest that the highest proportion of respondents sensing the overall market is in the downturn phase of the property cycle since the series began in 2015 (+62 percent up from +53 percent in Q2), with anecdotal evidence suggesting that Brexit is having an increasingly detrimental impact on market activity. More →

UK and Irish law firms lead the way in adoption of agile working

UK and Irish law firms lead the way in adoption of agile working

agile working at law firmsUK based law firms lead the way in the adoption of agile working, according to a new report from CBRE which looks at the workplace strategies of major legal practices across EMEA regions. CBRE’s Law in EMEA report offers what it claims is the first ever benchmark analysis of the legal sector internationally. Although the report suggests that agile design principles are shown to be strongly associated with lower rents per person in local markets, there is limited take up of this approach amongst legal firms outside the UK.

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Over 50s account for total five year increase in night working

Over 50s account for total five year increase in night working

over 50s dominate increase in night workforceThe number of people regularly working night shifts is at its highest level since the Office for National Statistics began collecting records in their current form, according to a new analysis from the TUC. The analysis of official data shows that 3.25 million people (more than 1 in 9 workers) work in Britain’s night-time economy – 100,000 more than five years ago. While the number of over 50s doing night work has accelerated in recent years, fewer young workers are doing night shifts. More →

How office design trends in different countries feed off each other

How office design trends in different countries feed off each other

The term Global Village has passed into general use to describe many of the phenomena we associate with the modern globalised world. But it actually dates back to 1962 when coined by Marshall McLuhan to describe an emerging, electronically contracted world in which cultures converge alongside political, business and legislative frameworks. These forces have been instrumental in bringing nations and organisations closer together and yet each nation continues to be shaped by little differences and residual cultures and conditions. More →

Four in ten people close to breaking point at work, study claims

Four in ten people close to breaking point at work, study claims

breaking point at workA new study by CABA, a charity supporting the wellbeing of chartered accountants and their families, claims that 4 in 10 adults in the UK are close to breaking point at work. Research polling 2,000 professionals working across multiple sectors in the UK suggests that the average working adult feels stressed for almost a third of their entire working day. The study also claims that in an average week, employees spend 31 minutes complaining about their boss and 2 hours 45 minutes moaning about their job. Employees lose 5 hours of sleep each week because of the pressures they face at work, while 3 in 5 respondents said that they feel stressed whilst on holiday due to the thought of being behind on work and organising a handover.  More →

Full fibre broadband could boost UK economy by billions

Full fibre broadband could boost UK economy by billions

The deployment of full-fibre broadband could boost the UK economy by around £59 billion, according to a new report from the Centre for Economics and Business Research (CEBR), commissioned by Openreach. The Full fibre broadband: A platform for growth report claims that connecting the UK to fibre-to-the-Premises (FTTP) broadband could increase productivity, reduce commuting, enable smarter ways of working and improve public services. More →

WeWork, false narratives and the superstate of office design

WeWork, false narratives and the superstate of office design

WeWork New YorkSo, WeWork then. As the dust settles on whatever has happened, some lessons may be emerging. Many of them are presented in this comment in The Economist and this piece in The Intelligencer in which Scott Galloway of NYU Business School claims that the problems have been evident for a long time. He doesn’t hold back. More →

Best workplaces in UK honoured at BCO Awards

Best workplaces in UK honoured at BCO Awards

best workplaces in uk BCO AwardsLondon’s 2 Television Centre was celebrated as ‘Best of the Best’ at the British Council for Offices’ (BCO) National Awards in the capital last night, also taking home the ‘Commercial Workplace’ award. The office was joined by six other award winners recognised as leading examples of excellence in office space. More →

UK organisations falling behind on AI

UK organisations falling behind on AI

Image from Microsoft AI reportUK organisations risk falling behind global competitors unless they act now to accelerate their use of AI technology, according to a new report unveiled today by Microsoft UK. The report claims that organisations currently using AI are now outperforming those that are not by 11.5 percent – a boost that, in the face of unprecedented economic and political uncertainty, UK businesses can ill-afford to pass up, the authors suggest. More →

Tech skills now more important than maths and science say business leaders

Tech skills now more important than maths and science say business leaders

More than two-thirds (68 percent) of British businesses think that acquiring tech skills such as coding trumps the importance of more classic subjects such as maths and science. The research, from tech job board CWJobs, also claims that 71 percent of businesses urge candidates to learn tech specialisms in order to futureproof their careers. Active jobseekers should take note of skills that can push them to the top of the hiring list, with eight out of 10 (80 percent) business leaders revealing candidates having a tech specialism is an important factor in their future hiring decisions across any job sector. More →

Workplaces should change to entice people back into them

Workplaces should change to entice people back into them

A n example of the new generation of great workplacesA new report published jointly by Instant Group and Area addresses the issue of how ensure workplaces address the physical, technological and personal needs of the growing number of people who have a choice about where they work. The report explores what employers can do to ensure that the workplace is still a place where people want to be.

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Office design alone cannot motivate us or make us happy at work

Office design alone cannot motivate us or make us happy at work

Office design and happinessThere’s a good reason why we find it hard to establish the causal links between our working lives, office design and our personal happiness. It’s because it’s all very complicated. So complicated in fact that you can sidetrack any discussion on the subject by asking elementary questions such as: ‘what do you mean by happy?’ or ‘should it be the role of work to make us happy?’ More →