Hong Kong to San Francisco: How office workers are returning across the globe May 25, 2023 The rise of hybrid working and working from home during the pandemic has left cities across the world facing up to new challenges – but the rate at which staff are returning to their offices is different across the world. Asian cities, despite more strident restrictions on mobility during the pandemic itself, have seen their [...]
Flexi office firm Workspace slips to loss despite hybrid working boom May 25, 2023 London-focused office-space provider Workspace Group posted an annual loss on Thursday, hurt by a more than 3 per cent drop in the valuation of its properties, and warned high inflation levels would impact service charge and administrative costs. Office space providers across the globe have been battling with valuation and rental declines amid an increased shift [...]
The only way to get staff back to the office? Tell them to turn up and do it yourself May 25, 2023 Culture is not pilates at lunch or free fruit in the office; is the way bosses and employees come together, share ideas and create things. Sharing the same space is important for that culture, writes Chris Hirst
Uncapped Crystal Palace star handed first England call-up May 24, 2023 Crystal Palace forward Eberechi Eze has been handed a first call-up to the senior England squad for next month’s Euro 2024 qualifying matches. Eze was the only uncapped player in Gareth Southgate’s 25-man party, while there were recalls for Brighton defender Lewis Dunk, Newcastle striker Callum Wilson, Liverpool defender Trent Alexander-Arnold, Aston Villa defender Tyrone [...]
London ‘busier and busier’ as return to office gathers pace – but demand for flexible working remains May 24, 2023 Great Portland Estates, a leading landlord in office space said London has got “busier and busier,” but noted that it does not expect the the recovery of offices in the capital to be “uniform” as a demand for flexible working and best space remains. Throughout the year, the property firm recorded £55.5m of leasing, as [...]
Hybrid working: Khan must do more to get workers back to the city centre, says new report May 24, 2023 London’s mayor Sadiq Khan must do more to encourage workers back into the office in order to avoid a productivity slump and “unintended economic impact,” says a new report today. The report – authored by the Centre for Cities think tank – urged the government and mayor of London to reduce cost-barriers for commuters using [...]
3 Finance Jobs That Pay Over £100k May 23, 2023 Did you know that in London, the average price of a cup of coffee is £2.55? That’s according to research from price comparison website Compare The Market. The study also found that the most expensive place to buy a coffee in London is Selfridges, but the cheapest is at Pret. It can be an expensive [...]
Yes, inflation will fall – but back to Bank of England target? Well, that’s anyone’s guess May 23, 2023 Inflation is definitely on its way down, but no thanks to the Bank of England – well, yet. Most of the drop will be driven by energy price rises falling out of the ONS’s numbers. Tomorrow’s figures are poised to start that descent, with the rate of inflation probably falling to around eight per cent [...]
The Notebook: Symphony CEO Brad Levy on getting clear on Whatsapp, Revolut’s regulatory woes and using AI May 22, 2023 The Notebook is a daily column where interesting people say interesting things. Today, CEO of Symphony Brad Levy writes ahead of Symphony Innovate conference on 23 May. Message received: Time for UK banks to get clear on Whatsapp In the last year, multiple banks in the US have paid a high price for staff use [...]
UK law firm mergers rose last year as ‘growing by acquisition’ becomes more attractive May 22, 2023 New data reveals the number of law firm mergers in the UK has risen by nearly a quarter in the past year – from 99 in 2021 to 122 in 2022. New research from accountancy firm Hazlewoods shows merger and acquisition (M&A) activity in the sector has rebounded following a pandemic slump. According to Hazlewoods, [...]