Hybrid hinders London commercial space as John Lewis slashes head office value by £15.6m June 20, 2023 The John Lewis Partnership (JLP) has slashed the value of its London head office by £15.6m in the latest signal that hybrid working trends continue to hinder the capital’s commercial work space. It comes as last month the retail group revealed that it was ending the lease on its head office in Victoria, London as [...]
Workers in the UK spend less time in the office than any other country July 20, 2023 A new report shows that workers in the UK spend the least amount of time in the office each week compared to workers from other countries. In fact, we spend significantly less time in the office when compared to the global average, with 34% of Brits spending four days or more in the workplace compared [...]
The City View: Adrienne Gormley of Dropbox on why hybrid working requires more than just new tech August 27, 2020 In this episode Christian talks to Adrienne Gormley, head of EMEA at Dropbox, about the opportunities and potential pitfalls of remote working. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Adrienne says that getting it right requires more than just having the right digital tools and that a new approach to management and company culture is necessary. Also [...]
Wework credit rating slashed after casting doubt over its future August 17, 2023 Troubled office space provider Wework saw its credit rating slashed yesterday evening after the firm cast doubt over its ability to continue operating. US credit rating agency Fitch Ratings cut Wework’s rating from CC to CCC. This is one of the lowest rankings on the credit rating scale, and means the agency believes there is [...]
Navigating the talent challenge: where should your people priorities lie over the next 12 months? February 9, 2023 The expertise and skills of people underpin the success of virtually every organisation. Yet ongoing skills shortages are often preventing today’s organisations from accessing the vital people they need to innovate and grow. ACCA’s inaugural 2023 Global Talent Trends Survey highlights some of the most pressing people challenges faced by employers globally, including in the [...]
Young City professionals ditch WFH as productivity thrives in the office December 11, 2023 London's young professionals have said they are more productive when working in the office, according to a new survey.
Bankers fired for ‘simulating’ being at their keyboards June 14, 2024 Wall Street bank Wells Fargo has fired more than a dozen employees for allegedly faking being at their keyboards, as financial firms crack down on non-compliance among hybrid workers.
Vivienne Westwood tells its staff to work three days at home to meet net zero goals January 15, 2024 Staff at fashion house Vivienne Westwood have been ordered to only come into the office two days a week, amid a push to hit net zero targets
London’s thriving financial districts are a testament to reinvention April 4, 2024 Necessity is the mother of invention – or in this case, reinvention. Many a conversation in 2020 and 2021 revolved around the future of the Docklands hub, which seemed to be at risk from our brave new world of hybrid working. Walking round the Wharf today, though, and it’s obvious that what may once have [...]
Lloyds AGM hit by flexible working protests after telling staff to come back to the office May 18, 2023 Lloyds’ annual general meeting (AGM) was hit by protests about its flexible working policies and its fossil fuel financing, but all motions ended up passing with massive majorities. Speaking at the bank’s AGM in Edinburgh on Thursday, representatives from Unite argued that trialled changes to its hybrid working policies disadvantaged women, carers and working parents. [...]