June 20, 2013
Land Securities £260m development confirms City office confidence
Land Securities announcement today of a £260 million development of 1 & 2 New Ludgate, EC4, a speculative mixed-use development in the City of London confirms a growing confidence in the City office market. The 379,000 sq ft scheme occupies an island site near St Paul’s Cathedral and comprises two distinct buildings united by a new public piazza, which together aim to offer 346,000 sq ft of office accommodation set around open and green spaces. Colette O’Shea, Head of Development, London said: “Our decision to commence the speculative development of 1 & 2 New Ludgate reflects our confidence both in the City office market, where we believe supply of new space will be constrained in 2015, and in the quality of the attractive and highly efficient office space we are creating.” (more…)
















June 7, 2013
Roger Sterling of Mad Men’s guide to letting someone go
by Sara Bean • Comment, Legal news, Workplace
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One of the least appealing duties of any employer is breaking bad news to an employee, and the worst of this is, of course, the ‘we’ve had to let you go.’ In an attempt to avoid a costly employment tribunal claim, many organisations fall back on frankly horrible phrases like ‘downsizing’ and ‘rationalisation’. On one memorable occasion I heard a group of shell-shocked staff being assured that the company was planning to give them a ‘soft landing’ by bringing in careers counsellors to help them make the most of ‘fresh opportunities’. Personally, in these situations I think a little more honesty is preferable – but perhaps not with such blatant glee as Roger Sterling of Mad Men when he explains to Burt Peterson just how much pleasure he’s getting from firing him….again. Burt’s response contains some strong language.