November 12, 2015
English regions outside the Capital lead construction growth 0
The construction industry has returned to growth after six months of contraction, according to figures released by industry analysts Glenigan. Its latest Index also found that the value of projects starting on site are higher than a year earlier for the first time since March, fueled by growth across the industry; with housing, civil engineering and non-residential building sectors all up on a year earlier. Non-residential starts as a whole were up 4 percent on a year earlier, as growth in private sector activity offset continued weakness across the public sector. Industrial, office, retail and hotel and leisure starts all registered growth. Although UK construction has moved back into growth, it is the English regions outside of the Capital which are seeing most activity. London, Wales and Scotland last saw growth in March this year and South West England hasn’t recorded a rise in starts since May 2014.
November 9, 2015
Business success is progressively less related to employment levels 0
by Mark Eltringham • Comment, Technology, Workplace, Workplace design
If you want to understand exactly how the economy has changed over the last few decades, one of the most important statistics is also one of the least remarked upon. It is the growing disconnect between a firm’s earnings and the number of people it employs, a statistic that puts paid to the lie that people are an organisation’s greatest asset. Once upon a time, of course, there was a direct correlation of one sort or another between the a firm’s revenue and the number of people it employed and consequently the amount of space that it took up. This was especially true for the world’s great manufacturers and other industries engaged in what was once proper work; moving, creating, destroying and maintaining things. Growth and success meant more employment and more space. There were economies of scale but the upshot was more or less an arithmetic progression in employment based on earnings.
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