Office boom fuels rise in profits at workspace provider Regus March 1, 2016 Regus shares climbed higher yesterday after the workspace provider posted a 67 per cent jump in annual profits and hiked its dividend. The company, which has over 2,700 centres across across 977 towns and cities worldwide, reported pre-tax profits of £145.7m in 2015, on sales up 15.9 per cent to £1.9bn. Underlying earnings per share rose by 51 per [...]
Business landlord Workspace sells five London buildings for £64m February 11, 2016 Small business landlord Workspace has sold off five industrial buildings across London for £64m as it looks to raise cash to invest back into new schemes. The FTSE 250-listed group, which owns and manages 80 properties let to 4,000 growing companies, said the industrial estates had an average rent of £9.07 per sq ft and were sold at a [...]
Plans for revamp of Camden Lock Market and historic underground waterway given the go-ahead February 8, 2016 The owners of London's Camden Lock Market have won planning permission to push ahead with a £20m overhaul the iconic site that includes opening up a Grade II-listed underground waterway to the public for the first time. Market Tech Holdings, which owns around 15 acres of land in and around Camden, said Camden Council unanimously backed the [...]
Five things entrepreneurs and founders need to know before joining a growth business accelerator programme February 4, 2016 British entrepreneurs have a lot to be excited about at the moment. With over half a million businesses started in the UK in 2013 alone – helped by a business environment with the fewest barriers to entrepreneurship in the world – and the number growing, it’s a good time to be a British-based business. Unsurprisingly [...]
How we can mobilise public sector land to build the homes London needs January 26, 2016 In 1941, under tremendous pressure to increase food production, the war cabinet commissioned a National Farm Survey. It sought to identify uncultivated agricultural land, as well as new land to support the dig for victory. It resulted in 36,000 maps and was nicknamed the “Second Domesday Book”. Under pressure to identify land for new homes [...]
The space to create: Ogilvy & Mather UK’s Annette King on New York and the South Bank January 18, 2016 "If you have all the research, all the ground rules, all the directives, all the data – it doesn’t mean the ad is written. Then you’ve got to close the door and write something…” Few would question David Ogilvy’s contribution to advertising. But the idea of closed doors seems anathema to the creative process today [...]
Telegraph workplace monitors: Newspaper to remove controversial devices after one day of use January 11, 2016 The Telegraph has decided to remove under-desk sensors installed to monitor staff activity, after just one day of use, City A.M. has learned. In a message seen by City A.M., the newspaper's management said the devices were being withdrawn due to feedback from staff. The internal message said: "In the light of feedback we have received from staff [...]
It will cost the average Londoner over £6,000 to do their job this year January 9, 2016 Londoners spend on average over £6,000 on their jobs each year just getting to and from work, as well as buying work-related items, new research has shown. The study by health consultancy firm Protected revealed that Londoners spend an average of £6,100 per year, before employees even get to the office or workspace. Read more: The [...]
Croydon Tech City: What 2016 means for the Silicon Valley of South London as it attracts new startups and invests in skills January 8, 2016 As we enter into 2016, this year will be the fourth for the Croydon Tech City project which has grown into a formal organisation and movement of over a thousand entrepreneurs, venture capitalists and software developers. In that time, the borough has experienced a 38 per cent growth in tech, digital and creative startup activity [...]
London mayoral election 2016: Sadiq Khan says he wants Tech City to be in the hands of City Hall as he matches Zac Goldsmith pledge for super-fast broadband December 18, 2015 Labour City Hall hopeful Sadiq Khan will today call for Whitehall to devolve certain powers relating to “Tech City” to the mayor of London. “London has made a great fist of carving out a leading position as a centre of tech but there’s much more to do to ensure we build on this success,” Khan [...]