Recent Posts by Prime Office Space

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Barnsley Regeneration Project

Barnsley was once an industrial town with thriving coal mining and glassmaking industries. The South Yorkshire town is now at the centre of regeneration efforts. In 2002, Barnsley Metropolitan Borough Council launched a regeneration programme designed to revitalise the town centre with an improved transport interchange, a new digital media centre, along with new offices and apartments. With its strategic location along the M1 corridor, the town’s business parks have also spurred job growth. In an effort to further develop the local economy, the Barnsley Town Centre Regeneration Project will add approximately 35,000 square metres of new retail and leisure … Read More

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Midlands Engine Regeneration Project

The Midlands in the heart of the UK represents an important economic region for future growth. From 2011 to 2015, there were 880 foreign direct investment projects in the region alone. This represents a quarter of foreign direct investment into the UK according to the Regeneration Investment Organisation (RIO), which is part of UK Trade & Investment (UKTI). International companies are investing in the Midlands thanks to excellent transport links that include three international airports (East Midlands, Birmingham and Luton). There are also no less than 27 universities in the region that offer businesses a strong talent pool and resources. … Read More

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Health and Safety in the Workplace – New Regulations and Tougher Fines

In February 2016, the Health and Safety Executive announced that a series of changes had been made to health and safety law in the workplace. The new rules are mainly directed at business owners who fail to enforce the applicable health and safety standards in the workplace, and therefore have the objective of ensuring compliance across the board. In this post we take a look at the ins and outs of the new rules and at how business owners can ensure they comply with them and avoid penalties. What do the recent HSE changes entail? The main thing to note … Read More

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Workplace Trends for 2016

2016 is set to bring about important changes in workplaces around the world. This article summarises the most important trends expected to be implemented across the workplace. Technology For several years, technology has been playing a transformative role changing the workplace landscape. More recently, there has been a focus on using technology to improve employees’ engagement and to facilitate repetitive tasks, boosting productivity and facilitating empowerment. Technology is being used to change internal processes and to redefine work standards, and this year we can expect to see a tendency towards bringing technology in during the initial stages of every new … Read More

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Regeneration Project: Worcester Growth Corridor

The Worcester Growth Corridor is a planned commercial and industrial development that will serve as a gateway for the city. Currently in early stages in development, the new economic corridor will focus on the manufacturing sector with the goal of supporting and attracting technology-rich manufacturing companies. The corridor will tap into local skills in information technology (IT), defence and cyber sectors. The development will also help position the city as a first rate Cathedral City, furthering Worcester’s role as a centre for business, commerce and shopping. Overview of the Worcester Growth Corridor Located between junctions 6 and 7 of the … Read More

UK Office Market Forecast 2016: Global Comparisons

In late 2014, real estate analysts anticipated that the UK office market would deliver a healthy performance during the 12 months that were to follow. In line with their predictions, steady recovery was the predominant theme across many European office property markets, and London remained at the top of the best-performing cities list, along with Stockholm, Dublin, Madrid, and Barcelona. The British office market is now heading into 2016 with confidence amid a generally positive economic climate. This article provides a summary of the performance of UK office market during 2015, a forecast of the key trends for 2016, and a … Read More

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Key UK Tax Dates for Businesses 2016

Every business needs to be aware of key tax dates in the UK, to ensure all reporting is submitted to relevant authorities prior to deadlines. This is particularly important for smaller businesses and startups due to fines levied by HMRC if annual returns are late. The UK tax year runs from 6 April to 5 April and the following key tax dates will impact any business or self employed individual: January 2016 31 January is the deadline for all self assessment tax returns for the year ended 5 April 2015. Balancing payments for the end of year also need to … Read More

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A Tax Free Office Christmas

For employers all over the United Kingdom, the run up to Christmas is one of the busiest times of the year. Meeting tight deadlines, fulfilling large orders, launching seasonal promotions, and running the workplace while some staff are on leave are among the most common concerns for office-based employers. In addition, this is also a time to reward your team for their great performance and dedication, whether that means treating them to a nice office lunch or dinner or giving out Christmas bonuses or gifts. However, some of these actions may have tax repercussions. Here’s a quick guide to enjoying … Read More

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Regeneration Project: Circuit of Wales

According to an official report from the UK government, the Welsh economy has been growing at a fast pace since 2012 and has in fact overshadowed other UK regions in terms of job gains and GVA growth. However, several analysts have pointed out that economic growth rates in many areas of Wales still lag behind the national average. This is particularly true in rural areas that formerly relied on the primary sector as the main source of income, and at regional level the total GVA remains at 72 per cent of the UK average. Training programmes, job creation strategies, and … Read More

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Regeneration Project: Nottingham MediPark

Nottingham’s MediPark will help boost the city of Nottingham’s position as a place for medical discoveries and support it as a designated Science City. The project will also help bring together life sciences and technology companies to create a new place to innovate. Built next to one of Europe’s largest teaching hospitals, MediPark covers an area of 3.5 hectares. Companies based at the new medical technology and science park will have easy access to the Queen’s Medical Centre, helping to promote collaboration and knowledge transfer particularly in the clinical sector. It will also be located close to the University of … Read More

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