Majority of employees opt for flexible working over a pay rise August 18, 2021 A new study has revealed that the vast majority of people would choose to work flexibly over an immediate pay rise and full-time return to the office. Nearly three quarters (72 per cent) of workers would prefer flexible working over going back to the office full time even if they were handed a 10 per [...]
60 seconds with… Marquee TV founder Simon Walker August 16, 2021 Marquee TV has been streaming live art and culture for 3 years. We had a chat with founder Simon Walker about the business of streaming the arts and partnering with arts organisations to bring a global audience to their performances. You describe yourself as the ‘business guy’ in the team, developing the business model. Has [...]
The future of the office: How one property firm is using virtual reality to create the new normal August 16, 2021 The future of the office has never been more richly discussed. For all the benefits of flexible working, most firms seem determined to bring people back in to reap the benefits of collaboration and creativity. But the co-founder of one property firm, Kitt, is determined to make sure that when we get back to the [...]
Chasing Tesla: how traditional carmakers are revving up their electric vehicle production August 16, 2021 Equities generally had a strong year in 2020, but few parts of the market could match the runaway share price gains of the pure electric vehicle (EV) makers. Tapping into investor (and day trader) demand for two popular themes – tech and sustainability – such companies became extremely highly sought after. US group Tesla is [...]
Rightmove: First monthly dip in UK house prices this year recorded in August August 16, 2021 The average price tag on a home dipped by just over £1,000 this month. Across the UK, the average asking price in August was £337,371, down by 0.3 per cent or £1,076 compared with July, Rightmove data out this morning shows. It marked the first monthly fall in the average price of property coming to [...]
Long read: the office, pay cuts, promotions and cities. Transcending the gender gap post-pandemic August 14, 2021 Cabinet ministers and CEOs are falling over themselves trying to bark us back into the office. Some are even threatening to cut our pay if we move too far away, but their sledgehammer approach is not winning converts, especially amongst women. Over the course of sixteen months of remote work, many of us have felt [...]
Wework narrows losses amid hybrid working shift August 13, 2021 Office sharing startup Wework narrowed its losses in the second quarter as companies increasingly turn to hybrid working strategies after the pandemic. Net loss slipped to $922.5m (£666m) in the three months to the end of June, down from $1.1bn in the same quarter last year. Revenue for the period was $593m, down from $882m [...]
PwC profit up 25 per cent to £1.2bn as private sector demand drove growth August 12, 2021 PwC has today reported that its total group profit for the financial year rose by 25 per cent to £1.2bn, as the firm saw renewed private sector demand drive growth for audit, deals and transformation services. The big four accountant also saw its gross revenue increase slightly by two per cent to £4.4bn for the [...]
Just 15 per cent of central London workers back in the office, says think tank August 12, 2021 Just 15 per cent of central London workers have returned to their place of work, according to new figures from the Centre for Cities think tank. The new figures for the last week of July showed that central London has the lowest amount of workers who have returned to the office out of any city [...]
Employers shun offering remote working to new candidates August 11, 2021 Few firms are offering new candidates remote working despite many predicting changes to working practices triggered by the pandemic are here to stay, according to new figures. Recruitment site Reed said just 5.6 per cent of jobs advertised on their website mentioned hybrid working in the job description. The proportion mentioning remote working is down [...]