WeWork posts £1.45bn loss ahead of stock market debut May 21, 2021 WeWork today posted a £1.45bn first quarter loss as the office-sharing startup prepares for its stock market debut. The company, which is backed by Japanese tech giant SoftBank, said its quarterly revenue almost halved from a year ago to $598m. WeWork had originally attempted to go public in 2019, but the move collapsed over concerns [...]
West End London office rates rise prompted by four-day workweek November 9, 2023 According to Savills, occupancy rates in the area have risen to 62 per cent up from 50 per cent in the last six months.
The next government must rebuild the UK’s planning system May 14, 2024 You almost couldn’t make it up. Britain, faced with a generational housing crisis, building less than a year ago. Even better, the weather is at least partly to blame. Welcome to Blighty. We used to build things, you know. The main culprit is of course the planning system, which – from the moment a misty-eyed [...]
An introvert’s confession: I really need the office January 15, 2021 I’m an introvert. When people first get to know me they find it ridiculous I tell them this. I apparently do a very convincing impression of someone who isn’t panicking, but the truth is socialising is a very difficult thing for me. When faced with social situations, my flight or fight reflex kicks in, and [...]
Reed exclusive: With half of Londoners looking for a new job, the ‘balance of power is shifting’ September 29, 2021 Six in ten Londoners are currently looking for their next challenge, recruitment giant Reed told City A.M. this afternoon. Chancery Lane-based Simon Wingate, managing director of Reed, shared the findings of a new survey that the company recently commissioned. It showed that over half of Londoners (52 per cent) are either actively looking for a [...]
London needs offices to thrive to secure its global future January 15, 2021 Are cities dead? There are plenty who think so – but Britain should hope they’re wrong. “The history book has not yet been written for cities” is the rallying cry emanating from Government. Those were Rishi Sunak’s words, echoing the Prime Minister’s faith when he spoke with FTSE 250 leaders last week that, post-pandemic, we [...]
Canary Wharf boss: ‘FOMO’ will bring staff back to the office June 14, 2021 Canary Wharf boss: Government must be clear on rules, but FOMO will bring people back to the office
As companies want to bond post-Covid, corporate ski breaks are a growth area November 23, 2021 While the tired old cliche of corporate teambuilding weekends might be orienteering in Hampshire or perhaps a spot of paintballing somewhere outside of Milton Keynes, the reality can be reassuringly different. Award-winning travel specialist Leo Trippi organises ski breaks for corporate groups, from small groups of executives to entire workforces. We caught up with CEO [...]
Poor broadband can knock £40k off average London home: study December 10, 2020 Due to the global pandemic, many people have either chosen or have been forced to work from home. The shift out of the office and into people’s homes has changed the importance of factors people consider when purchasing a new property. Now, if a house has poor broadband, it will knock the house price down [...]
Purplebricks to open new office in Soho after remote hiring spree July 6, 2021 Purplebricks will open a new office in Soho in response to pandemic-led changes that saw the online estate agent hire more people from across the country. The new office, located in London’s West End, will eventually house between 40 and 50 staff who will work on a hybrid basis, spending some time at the office [...]