City Moves for 28 August 2018 – who’s switching jobs at Johnson Service Group, Glenny and Buro Four? August 27, 2018 Today's City Moves cover textile rental, property and project management. Take a look at these movers and shakers: Johnson Service Group Johnson Service Group has appointed Christopher (Chris) Francis Girling to the board as an independent non-executive director with effect from 29 August. Chris will also assume the role of audit committee chairman with effect [...]
Cyber crime poses a massive threat to businesses, thanks to remote workers using unsecured public wifi June 28, 2018 As I write, thousands of employees are opening up Macs in cafes and trendy workspaces across the country, sipping on cortados, and getting ready to start their days. These workers are part of what’s being called the “remote working revolution”, and they represent a movement away from the presenteeism that previously defined office working. A [...]
SoftBank’s Vision Fund leads $250m series D investment into data storage tech firm Cohesity June 11, 2018 Californian data storage firm Cohesity has closed an oversubscribed series D round at $250m (£186.2m), led by SoftBank’s Vision Fund in its second ever enterprise investment after workspace messaging app Slack. The round also saw participation from Cisco Investments, Hewlett Packard Enterprise (HPE), Morgan Stanley Expansion Capital and Sequoia Capital. Cohesity’s chief operating officer and president [...]
These are the 10 best co-working spaces in London June 8, 2018 It's no surprise that London offers a vast amount of co-working spaces. Co-working simply involves the shared use of an office or working environment by independent workers. This type of space can be ideal for freelancers, small enterprises and those just starting out. Studies show employees are more ambitious and productive when surrounded by other [...]
Workspace report solid annual figures June 6, 2018 Workspace revealed a solid set of full-year figures. Profit before tax jumped by 91.9% to £170.4 million, which comfortably exceeded the Reuters consensus estimate of £80.65 million. Net rental income rose by 21% and underlying property valuation ticked up by 5%. The strong performance helped the property company increase its return to shareholders as the [...]
Calls for positive discrimination are patriarchal and patronising May 29, 2018 Social justice warriors are starting to eat themselves. White accusations of cultural appropriation on behalf of cultures more flattered than offended; white gay men excluded from having NUS reps; women’s initiatives criticised for lack of racial diversity; Germaine Greer no-platformed by feminists – and more. It would be funny, if it wasn’t so bewildering in [...]
US fintech investor Motive Partners chooses Canary Wharf as its European base March 21, 2018 US growth investor Motive Partners has chosen Canary Wharf as a home for its new European hub. The firm, which focuses on fintech investments and has already made two deals, said it was “essential” to have a base in London due to its status as a fintech capital. “You can’t claim to be an important [...]
Howard Shore, Shore Capital founder, leads $40m investment in new Israeli co-working business Mixer February 26, 2018 Shared workspace business Mixer has just nabbed $40m (£28.6m) of funding in an investment round led by Howard Shore, the founder of investment group Shore Capital. Mixer, based in Israel, is hoping to expand into Europe and the US and has a new site planned in Berlin. Shore will now become chairman of the business, [...]
Citi picks London for latest fintech innovation hub February 11, 2018 Citigroup has selected London’s tech hub as the next site in its innovation lab network, creating new jobs on the fringes of the City. Headquartered in one of WeWork’s shared workspaces in Moorgate, the London innovation lab will employ 75 technologists from different backgrounds. It is the latest in a string of technology hubs set [...]
Delivering the essentials, every day: In defence of the support services sector – and why not all firms are like Carillion February 6, 2018 Cleaning parliament, securing the perimeter fence at Britain’s atomic weapon’s establishment, feeding the nurses and doctors at the NHS’s busiest hospitals, repairing the telephone masts across our isle. These are all services provided by Mitie. We clean, protect, repair and care for the working and leisure environments that 5m people pass through every day. From [...]