How do you cope with the aftermath of “Trussonomics”?

The UK government’s failed experiment with “Trussonomics” over the last few weeks, has seen us go from a dash for growth with major tax giveaways to warnings, from our new Chancellor Jeremy Hunt, that taxes will rise, and public spending needs to reduce. Now the PM has gone.

We are left with energy cost increases and general inflation which appear to be weighing down current and forecast economic growth for the UK. Forecasts for the economy are predicting no growth, negative growth, or a recession depending on who you believe.

This means that over the coming year, delivering better value for money, reducing costs, and reducing energy will become even more important for us all. This needs to be done carefully and in a way that improves, rather than destroys workplace performance and productivity.

Real estate is generally the largest cost category for most organisations after people, so ensuring you’re delivering value for money is always key. Workplace operation can positively or negatively impact our people’s performance. Research by the British Council for Offices has demonstrated that well-run workplaces, in terms of their indoor environmental conditions, can produce enough additional productivity to cover an organisation’s annual cost of property outside London, and 70% inside London.

If you would like to learn how to reduce your real estate operational costs, without impacting your people’s performance you can join us for our webinar “Real estate cost and energy reduction strategies” at 2 pm on 08/12/2022.

For an informal, no-obligation chat to discuss how we can help you improve the value of your real estate spend or reduce your operational costs, please feel free to contact me.

Good luck in coping with the aftermath of “Trussonomics”.

Real Estate Cost and Energy Reduction

Strategies Webinar 08/12/22 2pm

The next year looks like it may present difficult economic headwinds for all organisations in the UK. With inflation running at historic levels and increasing forecasts of a recession, organisations need to improve the value their real estate budgets deliver and reduce operational costs.

Join our webinar to learn our Top Tips for:

• Reducing your real estate and energy costs
• Accelerating your Net Zero Carbon journey
• Improving your workplace performance and productivity

LCMB have worked with many public and private sector clients to reduce their operational costs, energy and carbon use and improve their workplace performance delivering tens of millions of savings.

We look forward to seeing you there.