Regus owner IWG targets £315m fundraise to drive expansion after coronavirus May 27, 2020 Office space giant IWG is aiming to raise £315m through a share offering as it eyes expansion opportunities as rival firms struggle during the coronavirus pandemic. IWG, which owns Regus, said “the current environment is presenting an increased number of attractive…opportunities to accelerate the growth and development of the business”. The office provider said sales [...]
Debate: Does the home-working trend caused by coronavirus herald the death of the office? March 24, 2020 As the world gets used to home-working, City A.M. asks whether this means the end for traditional office spaces. Yes – Andrew Johnson, managing director at PowWowNow With millions of people having to work from home worldwide, the future of the office as we know it will be transformed. Companies will have the technology, policies [...]
Workplace: a key driver of business growth March 20, 2020 For organisations that dream of emulating Silicon Valley’s success stories, growth is the main goal. However, many senior managers underestimate the importance of bringing an organisation’s strategy into the physical realm of the workplace. Theoretically, it is well known that an organisation’s people – both its employees and clients – technology and operations are key [...]
Interiors: Working from home? Here’s four tips to make it a bit more bearable March 20, 2020 Unless you’re a nurse, a checkout assistant or a delivery driver, chances are you’re going to be working from home for a while. For those who don’t have a home office set up already, this brave new world of endless conference calls in your living room is going to take some getting used to – [...]
Barclays Canary Wharf worker tests positive for coronavirus March 11, 2020 A worker in Barclays Canary Wharf offices has tested positive for coronavirus, the bank confirmed today. In a statement, Barclays said: “We can confirm that a member of our staff based in our London office, five North Colonnade, has tested as positive for covid-19 today. The health and safety of our staff, customers and clients [...]
City Moves for 25 February – Who’s switching jobs at WorldRemit, Workspace and Hines? February 25, 2020 Today’s City Moves includes WorldRemit, Workspace and Hines WorldRemit Mobile payments company WorldRemit has appointed Ian Cafferky as chief marketing officer. Ian joins from O2 where he was responsible for brand and marketing communications, leading the O2 brand to Marketing Society UK Brand of the Year in 2015. He began his career as a strategy [...]
Why your gloomy office is holding you back: the case for better workplace design February 24, 2020 Whatever industry you’re in, most companies will tell you that their biggest cost is talent. That’s why the prediction that stress-related illnesses will be the main cause of sickness in 2020, accounting for 44 per cent of all work-related absences, should be a big concern. One source of this stress is technology, which has altered [...]
Cushman & Wakefield enters UK’s flexible office market February 20, 2020 Commercial property agency Cushman & Wakefield has entered the UK’s growing co-working market with the launch of a new flexible workplace service. The service – named Indego – will offer landlords design and build, marketing, sales and on-site operations services under a management agreement with Cushman & Wakefield. The service was set up to offer [...]
Businesses must take a hard look in the mirror to understand their corporate purpose February 11, 2020 Fifty years ago, Nobel-winning economist Milton Friedman published an article in which he analysed the relationship between business and corporate social responsibility. The commentary was driven by the principle that the sole responsibility of business was “to use its resources and engage in activities designed to increase its profits so long as it stays within [...]
Stop clinging to the last century and let the high street evolve February 10, 2020 Every January, without fail, the hand-wringing begins. After predictably poor Christmas retail results, everyone wants to know: are we seeing the death of the high street? The gloom doesn’t stop. Last week, the boss of John Lewis was the latest to lament the retail landscape, warning of potential store closures and job losses. Why are [...]