City firms send workers home as heatwave melts London Economics City firms have told their workers to stay away from the office this week as London is hit with a record June heatwave. Several multinational companies headquartered in the Square Mile have advised their employees to consider remote work in a bid to dodge the sweltering heat. Banking giant JP Morgan Chase is the biggest [...]
Workspace slashes dividend as profit plummets amid new boss’ shake-up Property Real estate group Workspace slashed its dividend in the latest financial year as the firm plunged to a hefty loss. The FTSE 250 company posted a £120.5m loss before tax, from £5.4m last year, which was driven by nearly £160m in write-downs of property valuations amidst a changing strategy. New boss Charlie Green – who [...]
Law firm ‘hopeful’ staff are back in Middle East office in May Legal A major US law firm with a large London headcount is ‘hopeful’ staff will be returning to their desks in its Middle East office in less than a week, City AM understands. The firm is keen for lawyers to return to their seats in the Abu Dhabi office from 4 May, and has agreed to [...]
Hybrid working overtakes pay in race for UK tech talent April 14, 2026 Hybrid working has overtaken salary as the main way UK firms are competing for tech talent, according to new research seen by City AM, as skills shortages intensify across the sector. Data from International Workplace Group found 37 per cent of businesses now cite hybrid working as their primary strategy to attract talent, ahead of [...]
Gen Z office worker confidence crisis leads to uptick in AI use January 22, 2026 Britain’s youngest office workers are increasingly turning to AI to complete everyday tasks despite fears the technology could soon wipe out their roles. Gen Z reported feeling intense pressure to come across as more qualified than they feel upon entering the workforce, leading many to exaggerate on their CV, while over 65 per cent turn [...]
Bedding in: Would you sleep in the office? June 13, 2025 Flexible workspace provider Office Space in Town (OSiT) has launched five bedrooms at its Monument site. The company said it has noticed “increasing numbers of commuters wanting to play late in the city and skip the morning rush hour.” Employers have long been searching for new and innovative ways to bring their staff back into [...]
Boardroom Uncovered: How work from home policies have changed business June 10, 2025 Pret A Manger UK managing director, Clare Clough, said work from home patterns are influencing where the business opens new stores.
How WFH is influencing where Pret A Manger will open new stores June 10, 2025 The move to working from home post-pandemic is having an impact on where Pret A Manger will open new stores, its UK boss has said.
Can AI and gamification fix disengagement in the ‘bored room’? April 1, 2025 Corporate training has long suffered from a fatal flaw: disengagement. The rigidity of traditional, monotone presentations, and the passive nature of slide-heavy training sessions, have turned workplace education into a mundane obligation, rather than an opportunity for professional growth. And in today’s hybrid work landscape, where distractions are just a browser tab away, the traditional [...]
Working from home is not to blame for ‘hollowing out’ London February 18, 2025 Sadiq Khan has expressed concern about the decline in office attendance and urged employers to attract workers back – but the finger of blame turns inexorably on himself, says Tom Jones Nick, 30 years old, shuffles out of his single bed with a weary sigh. The dull grey morning light of late winter barely pierces [...]