Search Results for: pandemic

London is the second most expensive office fit-out market in the world

London is the second most expensive office fit-out market in the world

by • News, Property, Workplace design

A new report from Turner & Townsend claims that a combination of a rise in demand for premium, Grade A office space and a shortfall in supply in many markets has led to double digit percentage increases in office fit-out costs over the past yearA new report from Turner & Townsend claims that a combination of a rise in demand for premium, Grade A office space and a shortfall in supply in many markets has led to double digit percentage increases in office fit-out costs over the past year in major global cities including Miami, Dublin and Bangalore London is now the second most expensive office fit-out market in the world, with Dublin 18th, Edinburgh and Glasgow 21st, Birmingham 22nd, and Manchester 25th. The year-on-year picture is mixed, as while Edinburgh and Glasgow saw costs rise by 12 percent, Manchester and Birmingham saw prices rise in line with inflation at 2 percent and 3 percent respectively, while in London costs fell by -1 percent, albeit they have increased significantly in recent years. (more…)

Prime office costs continue to rise around the world, says Savills

Prime office costs continue to rise around the world, says Savills

by • News, Property

Prime office costs in major global cities continued to rise in the first quarter of 2026, driven by strong demand for high quality workspace and limited availabilityPrime office costs in major global cities continued to rise in the first quarter of 2026, driven by strong demand for high quality workspace and limited availability, according to Savills. The real estate adviser says net effective occupier costs, including rents and fit-out costs, increased by 0.7 percent globally during the quarter. That brings the annual increase to 5 percent and the rise over the past two years to 9.1 percent. Savills tracks 47 cities worldwide and found that occupier costs increased in 23 of them during the first three months of the year. Costs rose by 1 percent across EMEA, 0.7 percent in North America and 0.4 percent in Asia Pacific. (more…)

AI has yet to have any significant impact on UK employment levels

AI has yet to have any significant impact on UK employment levels

by • AI, News

A new report suggests that fears of AI triggering widespread job losses in the UK have yet to be borne out by evidenceA new report suggests that fears of artificial intelligence triggering widespread job losses in the UK have yet to be borne out by evidence, with little indication so far of major disruption to employment. The study, published by think tank The Centre for British Progress, examines labour market data since the rapid emergence of generative AI tools and finds no clear signs that the technology has led to large-scale displacement of workers. Despite frequent predictions that AI could significantly reshape or reduce the workforce in the near term, the report concludes that such effects are not yet visible in aggregate employment trends. (more…)

Memories of the Office Age 

Memories of the Office Age 

by • Cities, Features, Working lives

memories of the office ageOriginally published in November 2021. No author uses the built environment like J G Ballard. In his 1975 novel High-Rise, the eponymous structure is both a way of isolating the group of people who live and compete inside it and a metaphor for their personal isolation and inner struggles. Over the course of three months, the building’s services begin to fail. The 2,000 people within, detached from external realities in the 40-storey building, confronted with their true selves and those of their neighbours, descend into selfishness and – ultimately – savagery.  (more…)

Employee engagement falls worldwide as AI investment fails to deliver productivity gains

Employee engagement falls worldwide as AI investment fails to deliver productivity gains

by • AI, News, Wellbeing, Workplace

Global employee engagement has declined for a second consecutive year, despite rapid investment in artificial intelligence, according to Gallup’s latest State of the Global Workplace report.Global employee engagement has declined for a second consecutive year, despite rapid investment in artificial intelligence, according to Gallup’s latest State of the Global Workplace report. The study, based on one of the largest ongoing surveys of employee experience, suggests that organisations are struggling to translate technological change into measurable improvements in performance or working life. Employee engagement fell to 20 percent in 2025, down from a peak of 23 percent in 2022 and its lowest level since 2020. This decline has significant economic implications, with Gallup estimating that low engagement costs the global economy around $10 trillion in lost productivity, equivalent to 9 percent of global GDP. (more…)

Data on lifts usage suggests rising office attendance in London (but not elsewhere)

Data on lifts usage suggests rising office attendance in London (but not elsewhere)

by • Flexible working, News

Lift usage in large commercial buildings is often seen as a proxy for workplace occupancy and broader office attendance patternsOffice workers in London are returning to workplaces in increasing numbers, according to data suggesting that remote working may be receding more quickly in the capital than in many other European cities. Analysis by lift manufacturer KONE examined more than a billion elevator journeys across ten cities in seven countries and found a notable rise in lift usage in London office buildings during 2025. Activity increased by around 11 percent in January compared with the same month a year earlier, with the upward trend continuing through the year. Lift usage in large commercial buildings is often seen as a proxy for workplace occupancy and broader office attendance patterns. (more…)

Rebuilding belonging: how offices can overcome loneliness  

Rebuilding belonging: how offices can overcome loneliness  

by • Comment, Flexible working, Wellbeing

In the coming weeks it will be six years since the UK entered lockdown and working life changed overnight. While much has stabilised, the impact of the pandemic still shapes how people experience work, particularly when it comes to connection and belonging. Loneliness is widely recognised as a growing societal issue and government data shows that around a quarter of adults in Great Britain report feeling lonely at least some of the time, rising significantly among younger age groups. Hybrid working has not created this challenge but it has highlighted that for many people the workplace was a consistent source of social interaction. (more…)

Refurbishment dominates UK cities office development pipeline

Refurbishment dominates UK cities office development pipeline

by • News, Property

Refurbishment projects account for the largest share of the office development pipeline across the UK’s major regional citiesRefurbishment projects account for the largest share of the office development pipeline across the UK’s major regional cities, as new build activity remains subdued and occupiers continue to favour high quality, sustainable space. According to new figures from Avison Young, refurbishment schemes now represent the majority of space under construction in the Big Nine regional office markets. The volume of refurbishment space in the pipeline has risen by 12 percent year on year, reflecting a sustained shift towards upgrading existing stock rather than delivering entirely new buildings. (more…)

Decline in number of jobs offering remote work could hinder efforts to get more people into work

Decline in number of jobs offering remote work could hinder efforts to get more people into work

by • Flexible working, News

A significant decrease in the availability of jobs offering fully remote work in the UK is a potential obstacle to government plans to boost employmentA significant decrease in the availability of jobs offering fully remote work in the UK is a potential obstacle to government plans to boost employment, according to research from the Work Foundation at Lancaster University. The study, part of a large mixed-methods research project examining remote and hybrid working among disabled workers, surveyed more than 1,200 people. Around 85 percent of respondents said access to remote or hybrid work was essential or very important when looking for a new job, and nearly half said they would prefer to work fully remotely. (more…)

Lack of innovation continues to hamper small business and startups

Lack of innovation continues to hamper small business and startups

by • Business, News

Small business innovation in the UK has fallen for the fourth consecutive year despite record levels of entrepreneurial ambition,Small business innovation in the UK has fallen for the fourth consecutive year despite record levels of entrepreneurial ambition, according to the latest State of Small Business Britain report from the Enterprise Research Centre. The annual study draws together findings from a range of business surveys and shows that 36 percent of working age adults are now starting, running or planning to launch a business. This is the highest level recorded since the Global Entrepreneurship Monitor began tracking activity in 1999. Early stage entrepreneurial activity has doubled since the early 2000s and has stabilised at around 12 percent. (more…)

Employment Rights Act is already putting the brakes on hiring, CIPD warns

Employment Rights Act is already putting the brakes on hiring, CIPD warns

by • News, Workplace

New research from the CIPD suggests the Government’s Employment Rights Act could discourage employers from recruiting permanent staff, add to business costs and increase workplace conflictNew research from the CIPD suggests the Government’s Employment Rights Act could discourage employers from recruiting permanent staff, add to business costs and increase workplace conflict. The findings come from the CIPD’s latest Labour Market Outlook, based on a survey of more than 2,000 UK employers. It reports that overall hiring intentions remain at their lowest level on record outside the first year of the pandemic. (more…)

Hybrid working is stabilising around the world, office occupancy report claims

Hybrid working is stabilising around the world, office occupancy report claims

by • Flexible working, News, Workplace design

A new study of office utilisation trends around the world suggests hybrid working patterns have largely settledA new study of office utilisation trends around the world suggests hybrid working patterns have largely settled, with average occupancy remaining well below pre-pandemic norms and peak attendance continuing to cluster midweek. The Hybrid Occupancy Index 2025–2026 [registration] published by workplace analytics firm HubStar, draws on data from more than 300 million square feet of office space across 173 buildings in 13 countries, covering more than 27,000 workspaces between January 2023 and December 2025. (more…)

«< 8 9 10 11 12 >»