Softbank reports mixed quarter as it ‘timidly’ restarts investment August 8, 2023 Japan’s Softbank Group posted a surprise loss but said it was dipping its toes back into new investments after its Vision Fund unit returned to the black for the first time in six quarters. The Vision Fund unit booked an investment gain of about 160 billion yen ($1.1 billion) for the April-June period, helped by [...]
Hybrid working ‘big bang’ drives Regus-owner IWG’s record revenue August 8, 2023 Booming demand for hybrid working saw workspace provider IWG, which owns Regus, net a record £1.7bn in system-wide revenue in the first half, up 16 per cent year-on-year.
These Rome hotels finally offer comfort, style (and swimming) in the big city August 7, 2023 A range of new boutique Rome hotels make Italy’s most- visited destination hot right now, says Justine Gosling In the ancient Italian capital, revered crumbling relics stubbornly hold position on every corner. Its grand theatrical architecture seduces and its slow decay over millennia has established Rome’s uniquely elegant style that has earned the city the [...]
South Bank: US developer plans three new skyscrapers by Blackfriars Bridge August 7, 2023 The South Bank may be set for three more skyscrapers after US property developer Hines submitted plans for an underdeveloped site near Blackfriars Bridge.
How do phone booths improve the office? August 3, 2023 What are phone booths and what are the benefits? It is a reality that office workers spent a substantial part of their day making and receiving phone calls and whilst telephone calls are vital for communication in the workspace, it can be difficult to keep calls private and professional with the background noises of the [...]
Workers in the UK spend less time in the office than any other country July 20, 2023 A new report shows that workers in the UK spend the least amount of time in the office each week compared to workers from other countries. In fact, we spend significantly less time in the office when compared to the global average, with 34% of Brits spending four days or more in the workplace compared [...]
Sadiq Khan unveils renovated London studio as part of £6m boost to the capital’s film and TV industry July 3, 2023 London mayor Sadiq Khan has visited the newly renovated 3 Mills Studios in east London, revealing the completed £6m development that is set to boost the capital’s film and television industry on a global stage. The project, funded with £3m from City Hall, includes upgrades to several historic buildings, the creation of over 10,000 sq [...]
HSBC moving out of Canary Wharf headquarters in favour of Square Mile June 26, 2023 HSBC is set to leave its headquarters at Canary Wharf when its lease expires in 2027 and will move back to the heart of the City, City AM understands. The bank has been based in 8 Canada Square for more than two decades, but hopes to downsize to Panorama St Paul’s, 81 Newgate Street. The [...]
London’s workspace occupancy ‘higher than before the pandemic’, says Argyll boss June 8, 2023 The boss of London’s oldest office provider Argyll has said he has seen “unprecedented” levels of office occupancy in the last six months, defying concerns that Covid-19 had permanently pushed Londoners toward homeworking. Speaking to City A.M. Argyll chief executive John Drover said that rates of occupancy had reached 90 per cent, with the firm [...]
Over a third of Londoners now travelling into the office more frequently as strikes fail to deter commuters May 31, 2023 Rail strikes have failed to stop Londoners heading into the office this year, new data shows. Almost two in five Londoners (38 per cent) are commuting more frequently than they were at the start of the year, according to new data from Virgin Media’s O2 Business Mover Index, covering January to March. Wednesday was the [...]