Saturday Sitdown: Soho Housing’s chief on why ‘we need to rethink the way we use central London’ March 19, 2022 Insurance giant Admiral recently warned that nearly nine out of ten Londoners can no longer afford the average cost of rent in the capital. The demand for rooms to rent is much higher than the available supply, thereby leading to such increases that most Londoners cannot keep up with, the company cited as the main [...]
Tara Cemlyn-Jones takes aim at the gender gap March 16, 2022 This article first appeared in ICAS’ CA magazine. Fintech specialist and former investment banker Tara Cemlyn-Jones co-founded the 25×25 initiative with a target of 25 female FTSE 100 CEOs by 2025. She talks to Lysanne Currie about the progress made and the critical role of data. Just over two years ago, prior to pandemic lockdowns, a [...]
London is back: Office occupancy reaches pre-pandemic levels March 15, 2022 London office occupancy peaked at 42 per cent on Thursday 10 March, the highest single daily rate in the capital since before the pandemic in 2020. The weekly average prior to the pandemic was 63 per cent. Furthermore, last week was the highest weekly average for the UK and London, with both averaging 31 per [...]
Aston Martin to work with Britishvolt on EV battery tech March 14, 2022 A new agreement between Aston Martin and Britishvolt will focus upon creating high-performance battery tech for future supercars.
Saturday Sitdown: In five years remote working will ‘just be work’, says digitally-native brands guru March 12, 2022 As the city begins to ramp up again and offices swing open their doors the debate rolls on – how many days should people return to the office? Should this be mandatory or flexible? Will the days be set or of a person’s choosing? Employers and employees find themselves at loggerheads when it comes to [...]
A cruise fit for Greta as Hurtigruten gets sustainable: ‘Our goal is zero emissions!’ March 11, 2022 Expedition cruise experts Hurtigruten is putting its ships through one of Europe’s largest ever sustainability pushes. New high-tech gear is being installed across its seven Coastal Express cruise ships – cutting CO2 emissions by 25% and Nitrogen oxide emissions by as much as 80%. Hedda Felin, CEO of Hurtigruten cruises Norway, said “This is the largest [...]
IWG bets on hybrid work in £270m investment as it trims down losses March 8, 2022 IWG has merged with a digital assets group to create a new workspace platform in a £270m investment, after it more than halved its operating losses last year. The Instant Group, which provides digital marketing and workspace solutions to nearly half of FTSE 100 firms, will invest a further £50m into the company, IWG announced [...]
Londoners pay the price as Khan and No10 stay on the carousel of fights over TfL funding March 7, 2022 A FEW weeks ago, after months of wrangling, Transport for London and the Department for Transport finally agreed a slightly longer term short-term funding deal for the network. After a series of deals lasting a week or two at a time, this one runs until June. We don’t know what’s going to happen in June [...]
A third of mid-market firms were whacked by hacker outages in 2021 March 7, 2022 New research has revealed that one in three mid-market firms suffered from a hacker induced outage in 2021. According to a report by cyber firm Censornet, one in five companies were forced to pay hackers to deactivate ransomware, with the average pay-out hitting £144,000, and seven per cent handing out more than £500,000. “For the [...]
London faces logistics space crunch as e-commerce firms take over city March 4, 2022 London would run out of available industrial space within five months, should the current take-up rate continue, amid an e-commerce boom. The capital and the South East are facing running out of industrial and logistics spaces, according to a report published today by London First, in partnership with CBRE. It comes as the pandemic has [...]