Workspace group hits first losses in 12 years amid flexible working June 3, 2021 Office-space provider Workspace has tumbled into its first annual loss in over a decade today, as its rental income was hammered by work from home measures. The group posted losses before tax of £235.7m in the year to 31 March, after raking in a profit of £72.5m last year. Trading profit after interest were [...]
Hybrid work: flexibility must be at the core of the future of work but not at the expense of culture March 19, 2021 Earlier this week, Bank of England governor Andrew Bailey predicted a “hybrid” model would come to shape the way we work, with employees splitting their time between the home and office. He doesn’t expect working practice to return to pre-Covid. Over the last few years, advances in technology had already made remote working a possibility, [...]
Worth the commute: 9 out of 10 want hybrid working paired with an improved office June 14, 2021 Nine out of ten UK workers want the option to work remotely once offices reopen, while the same proportion desire a better office set-up when they do go in, new research today suggests. Data from OpenSensors, a workplace technology company, shows that a similar proportion of workers (90.5 per cent) are being offered the option [...]
Natwest calls for stamp duty rebate to fund green home improvements February 1, 2023 The government should offer a rebate on stamp duty to fund energy efficiency plans for new homeowners, argues Natwest.
Major rail engineering work on weekdays due to change in travel patterns February 11, 2024 Major rail engineering work will take place on two weekdays this month in a trial responding to a change in travel patterns.
New London careers service should be on mayoral to-do list, says BusinessLDN March 27, 2024 A new London careers service to help young people into jobs and workers to upskill should be on the to-do list of the next mayor, BusinessLDN has urged.
Not amused: Loungers chief calls govt Covid-19 messaging ‘shambolic’ July 21, 2021 The boss of bar and restaurant group Loungers has labelled the Government’s recent messaging around Covid-19 rules as “absolutely shambolic” and described Covid passports as “unworkable” for the hospitality sector. Nick Collins, chief executive of the 175-site business, said that he “can’t imagine a scenario” where Covid certification would be necessary for his customers. It [...]
Soaring rents pose a ‘threat’ to London’s competitiveness as youngsters are priced out December 4, 2023 Soaring rents in London pose a “threat” to the capital’s competitiveness, a number of business groups have warned.
Met Police fail to solve 82 per cent of burglaries July 27, 2023 The Met Police failed to solve 82 per cent of burglaries in London last year, data has revealed. Figures from the Home Office for the 2022-2023 financial year show an average of 129 burglaries a day – or a total of 47,050 – were closed without a suspect being identified. While just six per cent [...]
City minister says UK govt won’t impose compulsory flexible working model on finance July 8, 2021 The government won’t impose an obligatory flexible working model on financial services, as regulators ramp up pressure on firms to improve diversity and inclusion. City minister John Glen said financial services firms should use the experience of remote working during the pandemic to decide how flexible working could help foster a more diverse workforce, but [...]