Office space cleans up: How offices can better serve their workers February 14, 2022 Ask 10 different people what they would want from their ideal working environment and you’d likely receive 10 different answers. For most people, the various merits of ‘Working from home’ against ‘The office’ are measured against myriad very personal circumstances – whether you have ample desk space, kids at home or stable wi-fi. Yet, much [...]
Bank of England denies it’s U-turned on return to work policy September 7, 2021 The Bank England today said it has not abandoned plans to bring staff back to the office. Threadneedle Street came under fire after reports surfaced that staff had been told they could continue working from home for the time being. However, the Bank of England said today it had not U-turned on its return to [...]
City of London Corporation urges firms to return to the office September 10, 2020 The City of London Corporation has called on businesses to start bringing employees back to the Square Mile. Speaking at the Court of Common Council, policy chair Catherine McGuinness said that any return to the office for City workers must be in line with government guidance. “We know that the workforce in the Square Mile [...]
London Tier 2: City leaders breathe ‘sigh of relief’ but push for return to the office November 26, 2020 City leaders have welcomed the announcement that London will be placed into Tier 2 when lockdown lifts, but warned that the capital will only fully recover when the government outlines a clear policy on returning to work. Health secretary Matt Hancock today said London will join regions such as Liverpool and Suffolk on “high” alert [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 14, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Allen & Overy Law firm Allen & Overy (A&O) has bolstered its disputes group with a finance litigation partner hire in its London office. Michael Godden, who previously spent six years at A&O, joins from Norton Rose [...]
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 [...]
Central London office space under offer climbs April 22, 2019 Fresh evidence of demand for Central London offices has emerged today, with new data showing a rise in year-on-year commercial space under offer in the City and West End. Read more: IWG shares surge after £320m Japanese franchise deal Roughly 3.7m square feet (sq ft) of office space was under offer during the first three [...]
Greenpeace activists blockade BP’s London offices in climate change protest May 20, 2019 Environmental protesters have blockaded BP’s central London headquarters this morning as they claim “this is a climate emergency”. Read more: Extinction Rebellion founder wants to upend the UK's financial sector Greenpeace activists have set up five steel containers outside all entrances to BP’s offices in St James's Square, W1. On Twitter, the group said: “Volunteers have [...]
Senior KPMG partner responds to Sadiq Khan’s COP26 call for London to get more powers October 22, 2021 Anna Purchas, a senior Partner at KPMG in London, wrote to City A.M. today as she responded to our article ‘Sadiq Khan will use the upcoming COP26 to vouch for cities like London to have greater powers and funding.’ Dear City A.M., I read with interest that our London mayor Sadiq Khan will use the upcoming [...]
US property firm picks up Angel office development in bet on office return July 19, 2021 American property firm Tishman Speyer confirmed the £86.5m purchase of a major office development in Islington this morning as it bets on workers returning the office. The deal with British property investment business Derwent London sees the sale of their office freehold interest in Angel Square, just behind Angel tube station. Derwent London announced the [...]