December 19, 2017
City of London on track for record levels of office investment
The City of London is defying the doomsday Brexit scenario and on track to reach record levels of office investment in 2017, as Savills anticipates total turnover will hit £12.5 billion – subject to a number of deals currently under offer exchanging or completing before 31st December. This sees total transactions in 2017 doubling the 10-year average (£6.259 billion), in line with the all-time record volume seen in 2014 (£12.6 billion). The real estate advisor suggests the West End market will see £7.155 billion transacted in 2017 bringing total turnover in central London for the year £19.6 billion. Savills says that the weakness of sterling since the EU referendum has boosted the city’s attractions to overseas capital. This has happened in tandem with a return of UK buyers to the London market. Figures from the firm show office take-up in the City and West End are both above the long-term average while more than a third of the city’s developments are pre-let.




Over half of the workforce (57 percent) of employees admit to officially downing tools today (Monday 18 December) as the festive period gets well and truly underway, claims new research by Peakon. The HR analytics firm’s survey of more than 2,000 people reveals that, as Christmas creeps ever closer, employees admit to a whole raft of distractions from their everyday work duties. Two in five people (42 percent) confess to clocking off to Christmas shop online, a third (35 percent) say they’re planning Christmas day and almost one in three (30 percent) are planning their Christmas break instead. One in six (16 percent) confess to indulging in the odd Christmas tipple on the job – with men twice as likely to take advantage of a festive drink than women (22 percent and 11 percent respectively). 17 percent of those surveyed leave work earlier than usual, and one in 10 (12 percent) take longer lunches. A small percentage (4 percent) confess to calling in sick. But offering staff more flexible hours for shopping and Christmas prep would help maintain performance.


December 19, 2017
We need to have an honest conversation about presenteeism
by Steve Brewer • Comment, Flexible working, Workplace design
We have talked before about the risks of over thinking problems. It is not just something that consultants, designers and the workplace intelligentsia are guilty of – everyone does it. It is why we do not switch off when we are ill and still insist on going to work. We over think the consequences of not being in our workplace. Likewise, many traditional line managers simply cannot get their head around their teams working from home. After all, modern management mantras all talk about creating a great atmosphere in which teams all work together – in the same space at the same time? We all tend to over complicate most things and that is one of the main reasons in the UK we struggle with the concept of working from home. A consequence of this is the rise in presenteeism, which is mainly linked to illness, people ignoring how bad they feel and because of a perceived pressure, still turning up for work.
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