Global Trends 2020

Materialism and Achievement

Most UK offices stand empty

UK-based landlord Land Securities offered a glimpse of the impact of covid on office usage as it reported a £837m loss. Less than ten per cent of its office sites were in use and many of its tenants are now struggling to pay their rent.

Source: https://www.bbc.co.uk/news/business-52629786

First class upgrades to private jet

The global covid-19 lockdown has not meant the end of air travel for the super-rich; rather it has led to further premiumisation. There has been a boom in private jet inquiries as First Class on commercial airlines has become unavailable.

Source: https://www.bbc.co.uk/news/business-51527042

Capitalism’s turning point

After a few decades of dominance, western liberal capitalism is now competing with authoritarian capitalism in China and Russia. The post-Cold War logic that ‘west is best’ has cracked. Inside western societies

Spend, spend, spend − trouble on the financial horizon

Faced with uncertainity about the future, hedonistic ‘you only live once’ lifestyles are growing in appeal. People

Future of Mobility

Many of the macro forces acting on the planet are emboldening manufacturers and governments to accelerate developments for the future of mobility: rapid urbanisation driven by dynamic populations, our technological tipping point and the need to