Paypal to open major office in London landmark April 23, 2025 Electronic payments giant Paypal has signed up to become the first occupier of a redeveloped office building on London’s Southbank. Paypal has agreed a lease for 40,000 sqft on the top floor of the building, a newly revamped Grade II-listed structure next to the National Theatre. Overall, the building will provide another 300,000 sqft of [...]
Wework hopeful of revival amid growth in demand for flexible workspaces April 22, 2025 Embattled office company Wework is hopeful of a revival after reporting a jump in demand for flexible workspaces in London. The New York-based business, which collapsed in November 2023 before emerging from bankruptcy last year, said its on-demand bookings – a pay-as-you-go membership option – rose by 30 per cent in London compared to the [...]
Workspace: Lettings activity surges but CEO warns on economic uncertainty April 17, 2025 Workspace lettings activity in Q4 was up around 15 per cent of the same quarter in the previous year, as the group competed for over £10m worth of new rentals
Bionow Awards honour our greatest Innovators April 9, 2025 The Bionow Awards are given to honour those most deserving for their ingenuity and dedication, distinguishing them from their competitors and proving them worthy of recognition. With a prestigious history of more than 20 years, the awards have become the leading life sciences accolades in the UK; highlighting the achievements of the sector, shining a [...]
London’s commercial property sector is suffocating March 31, 2025 A combination of environmental regulations and falling office attendance means commercial property is struggling and the Spring Statement was a missed opportunity to turn it around, says Dan Drogman The UK’s commercial property sector is being strangled from all angles, and this year’s Spring Statement was a missed opportunity to relieve that pressure. Let’s start [...]
Blue Orchid Hospitality granted permission to convert Atlas House to a luxury hotel March 27, 2025 Planning permission has been granted for Atlas House on King Street, Cheapside, currently vacant with prior uses as offices. The landmark Italianate-style property is to be transformed into a high-quality boutique hotel under the ownership of the award-winning Blue Orchid Hospitality group, part of the Integrity International Group, led by renowned hotelier and developer, Tony [...]
WPP bets big on AI to regain industry leadership March 22, 2025 Artificial intelligence (AI) isn’t just reshaping industries, it’s upending them. Nowhere is this more evident than in advertising, where AI is reshaping how brands create, deliver and optimise campaigns. While many firms are still finding their feet with AI, WPP is claiming it has hit the ground running. For the global communications giant, the AI [...]
If we want our economy to grow, our skyline must go up, up, up March 10, 2025 The City's skyline is always changing, but if we want our economy to grow bigger, it must go higher, writes Chris Hayward.
Can the ‘hotelification’ of the office beat working from home? March 8, 2025 London offices are offering monogrammed towels and rooftop gardens to tempt staff back into work, says Alex Morgan Some of the world’s largest companies are pulling the plug on hybrid working, but not without a hitch. In the US, Amazon’s return-to-office (RTO) mandate has been put on pause because of a shortage of desks in [...]
IWG: Co-working platform announces share buyback, higher dividend March 4, 2025 Hybrid workspace provider IWG has announced a share buyback programme and an increase in its dividend after a jump in earnings. The company will buy back $50m (£39.4m) worth of shares and pay out a dividend of 0.90 pence per share for a total 2024 dividend of 1.33 pence per share, up from one pence per [...]