Search Results for: uk talent market

UK employees confident they will benefit from a ‘buyers’ market for talent

UK employees confident they will benefit from a ‘buyers’ market for talent

UK employees confident they will benefit from a ‘buyers’ market for talentThis year is set to be a ‘buyers’ market’ for the UK’s top professionals, as the nation’s war for talent intensifies. This is according to new research from Robert Half UK, which found that nearly a third (32 percent) of those surveyed believe their skillset will be more desirable over the coming months – even against the current economic and political climate – as the supply/demand imbalance of the UK’s top talent heightens. The current skills in demand include data analysis and digital skills, as well as softer skills such as adaptability, resilience and critical thinking to help complement the evolution of the workplace. More →

Manchester leads the UK as regional creative talent market place for tech and media

Manchester leads the UK as regional creative talent market place for tech and media 0

Manchester leads the UK regional creative talent market to house tech and media

Manchester tops the ranking as the leading UK regional creative talent market, having the key ingredients required by this sector to progress and develop as a future destination for the creative industries (including publishing, film, TV, media, digital, computer programming and information services). This is according to ‘Creative Regions’, a first of its kind report, showcasing the Top 25 Regional Creative locations in the UK [outside of London] published by CBRE. Common characteristics of successful creative locations, suggest the report, include large concentrations of creative businesses and professionals, deep talent pools of highly educated graduate populations, large and growing millennial populations, good transport connections, quality of life and proximity to world class universities with strong research and computer science ratings. The report’s also found that Reading punches well above its weight as a creative talent destination, given the size of its office market; Scotland features particularly well with Edinburgh and Glasgow in the top five list, and 11 of the top 25 creative talent locations are in the East and South East.

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Reactions to the UK’s new Employment Rights Bill

Reactions to the UK’s new Employment Rights Bill

Details of the UK's new Employment Rights Bill were released yesterday. The legislation represents what the government claims is a significant overhaul of workers' rights, offering more protections and benefits and helping to promote practices like flexible workingDetails of the UK’s new Employment Rights Bill were released yesterday. The legislation represents what the government claims is a significant overhaul of workers’ rights, offering more protections and benefits and helping to promote practices like flexible working. Key elements of the bill include granting workers access to statutory sick pay and parental leave from the first day of employment, and introducing a ban on exploitative zero-hour contracts. It also aims to curb controversial “fire and rehire” practices and gives employees the right to claim unfair dismissal from day one, rather than after two years of service. However, businesses will still be allowed to operate probationary periods to ensure fit for roles, with discussions suggesting a maximum of six months. More →

Commercial property market should be more optimistic, but it still needs to change

Commercial property market should be more optimistic, but it still needs to change

JLL’s latest Future of Work Survey claims to reveal new opportunities for the commercial property sector as two-thirds of business leaders expect their CRE budget to riseJLL’s latest Future of Work Survey claims to reveal new opportunities for the commercial property sector as two-thirds of business leaders expect their CRE budget to rise between now and 2030. Despite challenges in the commercial real estate sector and bumpy economic conditions, global business leaders are optimistic about the future, with two-thirds (65 percent) expecting their CRE budgets to increase by 2030, according to the poll. This survey sets out to explore the evolving nature of work, assessing the key priorities, challenges, and strategies for more than 2,300 business and CRE decision-makers. More →

UK Space Agency announces new headquarters and regional offices

UK Space Agency announces new headquarters and regional offices

The location of the UK Space Agency's new headquarters, the Quad Two building at the Harwell Science Campus’ Space Cluster in Oxfordshire.The UK Space Agency is opening new headquarters in Harwell, Oxfordshire and regional offices in Scotland, Wales and the Midlands as it works to support the space sector across the UK.  According to the government, the expansion will enable the Agency to collaborate more closely with the UK’s space sector, while promoting regional skills and job opportunities to deliver ‘increasingly ambitious missions and capabilities’. As set out in the Space Industrial Plan, the government says it is committed to continuing its support for space clusters across the UK and ‘providing the tools needed to drive collaboration between them and catalyse further investment’. More →

University of Warwick receives £1.25 million to research how AI could change the market for real estate

University of Warwick receives £1.25 million to research how AI could change the market for real estate

The University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five yearsThe University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five years. Based in the Gillmore Centre for Financial Technology at Warwick Business School, the new Research Group will draw interdisciplinary scholars and thinkers from across the world to redefine and innovate the financial and property technology landscape. More →

Lab rats – how the UK life sciences sector is struggling to find space to work

Lab rats – how the UK life sciences sector is struggling to find space to work

The UK wants to build on its already successful position as a globally important player in the life sciences and pharma sectors. Yet it is struggling to create enough space for growth in the right places and having to rethink wher research and innovation takes place In November 2023, plans to turn part of a golf course next to a motorway into a £340 million science park were refused by South Oxfordshire District Council. Although now classified as greenbelt, the location was the site of a landfill as recently as the 1990s and is just a stone’s throw from both the A40 trunk road and M40 motorway. The developers are expected to appeal. Whatever the details of this story, it is an example of how challenging it can be to meet demand for lab and life sciences space in the so-called Golden Triangle of London, Oxford and Cambridge in the South of England. This lack of supply is acting as a brake on the UK Government’s dream of making the country a “science superpower”. More →

London’s office market is reshaping the city and the way people experience the workplace

London’s office market is reshaping the city and the way people experience the workplace

2024: The year of connectivity, collaboration, and culture for workplace trends and changes in London's office marketLondon’s office market continues to adapt to evolving workforce demands. The normalisation of hybrid and flexible working since the pandemic remains the biggest cultural shift that the office sector has witnessed in decades. In addition to the rise in demand for quality-as-a-must in 2023, collaboration, culture, and connectivity will lead the charge for office space trends in the year ahead. More →

Whinging Poms? Why the UK workforce is one of the unhappiest in Europe

Whinging Poms? Why the UK workforce is one of the unhappiest in Europe

Nearly all UK workers (90 percent) are not enthused by their work and workplace, according to Gallup’s State of the Global Workplace 2023 Report.Nearly all UK workers (90 percent) are not enthused by their work and workplace, according to Gallup’s State of the Global Workplace 2023 Report. The UK workforce rate of engagement at work (10 percent) remains one of the lowest in Europe, ranking near the bottom among peer countries (33 out of 38) with countries like the US reporting triple the number of engaged employees (31 percent). The poor state of disengaged workforces is not unique to the UK, with just 13 percent of employees across Europe feeling engaged at work, and the lowest rates of engagement reported in France (7 percent) and Italy (5 percent). More →

Unlocking the digital frontier: hiring the next generation of tech talent

Unlocking the digital frontier: hiring the next generation of tech talent

Any business that is looking to grow its consumer base or expand into new markets is likely to be relying on digital technology to a greater extent than ever before both in their operations and management. This also means that the world of employment, both for workers and enterprises, is necessarily evolving too. An inevitable consequence of this evolution has been that those for whom technology has been an essential part of their life and education — so-called digital natives — are in growing demand. More →

Employers brace for ‘talent exodus’ as people seek better pay

Employers brace for ‘talent exodus’ as people seek better pay

56 percent of employees in the UK are looking to move jobs in the first half of the year, with 49 percent selecting better pay as the primary reasonOver half (58 percent) of employers in the UK believe that they will lose staff in the next six months as they seek to earn more by moving jobs, according to a new poll. According to the survey by talent services company, Morgan McKinley for its 2023 Salary Guide, 56 percent of employees in the UK are looking to move jobs in the first half of the year, with 49 percent selecting better pay as the primary reason, followed by ‘better career growth and development opportunities’ (17 percent). More →

Majority of firms currently using technology to plug talent gaps

Majority of firms currently using technology to plug talent gaps

In the face of hiring and skills issues, 77 percent of UK organisations say they are finding ways for technology to do jobs formerly performed by people, according to a new poll from Rackspace Technology.  According to the survey, two thirds (64 percent) of UK companies are downsizing their staff, facilitated by technology, out of a necessity, with roles in customer service the most likely to be automated, as identified by 70 percent of business decision makers – followed by IT operations (62 percent), sales and marketing (57 percent), business operations (56 percent), and HR and admin (56 percent). More →