Hospitality bosses: Government should ‘do everything possible’ to urge workers back to desks April 19, 2022 City centre business groups have called for the government to have more urgency in encouraging commuters back to offices after figures revealed low attendance numbers at government departments. There was a daily average of only one third of staff back at their desks at the Department for Business, Energy and Industrial Strategy (BEIS), in numbers [...]
Commuter belt office space surges in popularity as workers flex hybrid options April 19, 2022 The commuter belt has become the new worker hub as people opt for co-working spaces rather than longer commutes. New data from office space provider IWG, which manages brands Regus and Spaces, found that there was a 91 per cent rise in attendance in Maidenhead in March compared with the month before. Meanwhile, homely towns like Hemel Hempstead [...]
EY to double size of consulting team by hiring 5,100 consultants over the next four years April 5, 2022 Big Four accountancy firm EY is set to double the size of its UK consulting team, by hiring 5,100 new consultants over the next four years. The accountancy giant said it plans to double the size of 5,100 strong consulting team, with a view to having more than 10,200 consultants on its books by 2026. [...]
Exclusive: The boss of London’s oldest office provider returns from retirement to drive the City’s bounce-back April 4, 2022 As we passed the two-year anniversary of the first lockdown last month, City A.M. sits down with the CEO of London’s oldest office provider, who came out of retirement to drive the business’ post-Covid recovery. Shedding light on how the business and City has suffered, Argyll CEO John Drover reveals to this paper how his [...]
Value of serviced office providers’ portfolios drops £1.4bn after Covid April 4, 2022 Goliaths in the office space sector have taken their first hit as the value of their property portfolios has dropped. The value of the largest serviced office providers’ estates have fallen to £24.3bn from £25.7bn in the previous year, according to law firm Boodle Hatfield. Since 2017, the value of office space providers has leaped [...]
Not just electric cars: Super SOCO and the rise of e-mopeds April 2, 2022 Electric cars have dominated the discourse around sustainable mobility for some time now. Not only did the UK Government recently pledge to ban the sale of all fuel cars from 2030, but manufacturers have also jumped on the bandwagon and started mass producing electric vehicles. According to data from the Society of Motor Manufacturers and [...]
Businesses fear losing staff over lack of hybrid working options April 1, 2022 The pandemic has shifted working patterns towards a hybrid office-home balance, with many employers now worried about losing staff without offering both options. With almost 20 per cent of firms now expecting workers back in the office full-time, according to a new report by Poly, many are considering options that offer more flexibility. The report [...]
It’s time to raise the bar on service – why companies should expect more from digital partners March 31, 2022 Over the last few years, we’ve seen incredible digital progress – across industries, employees and society. In some cases completely transforming what is possible almost overnight. And everything we’ve learned from the past few years of challenge and progress is now directly impacting the way business leaders make decisions to prepare for the future. Resilience, [...]
Letters: London, get creative March 30, 2022 [Re: Post-Brexit City exodus fails to materialise as London lifts hiring, yesterday] Despite much doom-mongering, it appears London has retained its crown as a global employment hub for now. However, the City should not rest on its laurels. There is a unique tension rumbling in the recruitment market which threatens to disrupt London’s “recruitment bounce”. [...]
Exclusive: Activist shareholders push for ‘hybrid’ AGMs over fears firms are stifling debate March 30, 2022 A shareholder activist group is pushing FTSE 100 bosses to hold ‘hybrid’ shareholder meetings over fears that firms are stifling investor debate by holding meetings in person.