Weekend Read: Fostering a company culture in a hybrid world June 26, 2021 After three lockdowns, more than a year of home working and an unprecedented vaccine rollout, firms of all sizes are slowly, cautiously, reopening and welcoming staff back to the office. But this mass return to the traditional workplace will be tough for managers and leaders on a number of levels. Motivation levels may be low, [...]
Square Mile offices and homes to be warmed with heat from over 650ft below its streets June 23, 2021 In a bid to make London’s Square Mile more sustainable, its homes and offices will be warmed by drawing heat from over 650ft below the streets of the City. As one of the largest low-carbon heating systems in the UK, which forms part of a £4m scheme, the system will produce the same amount of [...]
Unvaccinated Morgan Stanley staff in New York to be barred from office June 23, 2021 Staff and clients who are not fully vaccinated against Covid-19 will be barred from entering Morgan Stanley’s New York offices. The policy, which comes into effect next month, means unvaccinated employees will need to work remotely, the BBC first reported. The move will reportedly allow the Wall Street giant to remove remaining restrictions in offices [...]
Nokia shifts to two days in the office in flexible working push June 22, 2021 Nokia staff will be able to work up to three days a week remotely as the telecoms giant becomes the latest company to embrace flexible working. The Finnish firm has outlined new guidelines coming into force from next year after asking for employee feedback following the pandemic. It said staff will be given greater flexibility [...]
The return to normal: A timeline for businesses opening the office June 16, 2021 As businesses begin to reopen their offices, Oktra’s workplace specialists outline concrete steps for moving forward in the return to work. With 69% of UK CFOs expecting the bulk of their workforce to return to the office in the third and fourth quarter of 2021, and 43 of the UK’s top 50 companies embracing a [...]
Accountancy firm Azets to create 650 new UK jobs over the next year June 14, 2021 Accountancy company Azets has today announced a national recruitment drive which will see 650 new jobs being created in the UK over the next year. The roles will cover all levels from assistant right through to partner across a range of service lines including audit and assurance, corporate finance, and tax. “We have just recruited [...]
Arcadis to open new City of London office next week in boost for Square Mile June 10, 2021 Design & consultancy firm Arcadis has announced the opening of its new office in the City of London next week. From 14 June, the business will operate from 80 Fenchurch Street, with over 40,000 sq ft of new office space across two floors. “The continued strength of the City office market demonstrates the importance of [...]
Extended lockdown weighs on IWG but strong recovery predicted June 7, 2021 Office space provider IWG today said that occupancy levels are improving but the prolonged impact of Covid-19 has delayed its recovery. While the company has seen positive occupancy momentum in the US, the improvement across the group has been slower-than-expected. This is largely down to continuing lockdown restrictions and the emergence of new variants in [...]
Wall Street opens lower while FTSE plunges to snap June winning streak June 3, 2021 Wall Street’s main indexes opened lower today as investors weighed up data showing a pick up in jobs growth for cues on the trajectory of inflation. The Dow Jones Industrial Average fell 0.7 per cent at the open, while the Nasdaq Composite shed 1.3 per cent. Meanwhile, the S&P 500 dropped 0.8 per cent to [...]
Workspace group hits first losses in 12 years amid flexible working June 3, 2021 Office-space provider Workspace has tumbled into its first annual loss in over a decade today, as its rental income was hammered by work from home measures. The group posted losses before tax of £235.7m in the year to 31 March, after raking in a profit of £72.5m last year. Trading profit after interest were [...]