Square Mile offices and homes to be warmed with heat from over 650ft below its streets June 23, 2021 In a bid to make London’s Square Mile more sustainable, its homes and offices will be warmed by drawing heat from over 650ft below the streets of the City. As one of the largest low-carbon heating systems in the UK, which forms part of a £4m scheme, the system will produce the same amount of [...]
As the City reopens, small businesses reliant on office workers cross their fingers and hope April 21, 2021 As the City reopens, small businesses reliant on office workers cross their fingers
Pearson maintains dividend as it unveils plans to slash office space March 8, 2021 Education giant Pearson today said it will maintain its dividend for the full year as the firm unveiled plans to “significantly” reduce its office space. The publisher proposed a final dividend of 13.5p, bringing its full-year payout to 19.5p — in line with 2019. It came as Pearson announced plans to slim down its property [...]
JP Morgan’s UK staff set to return to office from next month May 11, 2021 JP Morgan has told its UK staff that more of them will return to the office from next month as restrictions start to ease. The American bank told staff to prepare for a “consistent schedule” which combines both remote and office working but offices will operate at maximum 50 per cent of capacity, according to [...]
Exclusive: Quarter of UK businesses to close or downsize offices as UK embraces hybrid working May 10, 2021 More than a quarter (26%) of UK businesses will either close, downsize or consolidate their offices in the coming months, as companies move to hybrid working models. More than half (53%) of businesses plan to offer more flexible or remote working policies, while 30 per cent are expecting employees in the office between one and [...]
UK drawing up plans for Covid-19 certificates for office workers March 29, 2021 The UK is reportedly weighing up plans to launch Covid vaccine certificates for white collar workers, which could allow people to go back to the office in large numbers later this year. A review led by Cabinet Office minister Michael Gove on the future of office working is considering implementing the certificates, which would likely [...]
Israeli security cabinet declares country at war after Hamas attack October 8, 2023 Israeli Prime Minister Benjamin Netanyahu’s office says his security cabinet has declared the country at war following a deadly Hamas assault in southern Israel. The decision, announced on Sunday, formally authorises “the taking of significant military steps,” it said in a statement.
End of the office is overstated, says Brookfield boss January 19, 2021 The end of the office has been overegged according to a top asset manager, as he claims investors are underestimating the extent to which people will return to work. Speaking to the Financial Times, Bruce Flatt, chief executive of Brookfield Asset Management is hopeful that office workers will return to the office and shopping centres. [...]
UK shared office space providers ramped up growth before pandemic April 19, 2021 The UK’s largest shared office space providers grew the value of their property portfolios before the coronavirus pandemic sparked a shift to home working. The serviced office space sector grew its overall property value to £18.9bn in the 2019/2020 financial year, up six per cent on the previous 12 months. The figures highlight the growing [...]
‘Not up to government’: Return to office under threat as ministers mull legal right to work from home June 17, 2021 Brits could be granted the right to work from home forever under shock post-pandemic plans being considered by the government. Ministers have proposed legal changes that would prevent employers from forcing staff to come into the office unless they can prove it is essential. The government will consult on the plan over the summer ahead [...]