About Neil Franklin

Neil Franklin is Insight's news editor

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Gig economy workers to make up fifth of employees in financial services firms, claims report

Gig economy workers to make up fifth of employees in financial services firms, claims report

gig economyMore than half of financial institutions say they expect to have more ‘gig economy’ based employees over the next three to five years, according to PwC’s report, Productivity 2021 and beyond: Upskilling the workforce of the future to create a competitive advantage in financial services. The second iteration of PwC’s productivity research, that surveyed over 500 financial services businesses globally, and received over 60 percent of responses from C-suite leaders, looked at some key workstreams implemented by financial services businesses and evaluated its impact on productivity. More →

Two million people in the UK have not worked for at least six months

Two million people in the UK have not worked for at least six months

Almost two million workers were unemployed or fully furloughed in January – and had been for at least six months – highlighting the scale of lasting damage to the UK’s labour force that will need to be addressed in the Budget, according to major new research published today by the Resolution Foundation. Long Covid in the labour market – supported by the Health Foundation – examines the state of the labour market during the current lockdown, the cumulative impact of the longer than expected crisis so far, and workers’ prospects for the months ahead as the economy starts to recover. More →

Learning by observation reduces cognitive bias, research suggests

Learning by observation reduces cognitive bias, research suggests

Research from the Business School (formerly Cass) suggests that observing others’ decision-making can teach people to make better decisions themselves. The study, co-authored by Professor Irene Scopelliti, Professor of Marketing and Behavioural Science, tested the effectiveness of a new debiasing learning strategy and claims the first evidence that watching others make decisions can improve our own decision making. More →

Business leaders set out plans to create ‘tech supercluster’ in West Midlands

Business leaders set out plans to create ‘tech supercluster’ in West Midlands

West Midlands superclusterGenerating £27.8 billion gross value added annually, and employing more than 360,000 people, the West Midlands is the UK’s largest centre for business, professional and financial services (BPFS) outside London. Now, business leaders from Shoosmiths, Wesleyan, Bruntwood CBRE amongst others, are working with the region’s just under 12,500 leading tech and digital companies to see how they can integrate AI and advanced technology into their everyday activities. More →

Regional office markets show some signs of recovery

Regional office markets show some signs of recovery

Manchester office marketTake-up of office space in the cities outside of Central London during Q4 2020 totalled 1.1m sq ft, an increase of 138 percent compared to Q3 2020. However, the overall take-up for 2020 reached 3.9m sq ft, a decline of 40 percent on the five-year average, according to research from real estate advisor CBRE. More →

Amazon unveils latest plans for new US headquarters campus

Amazon unveils latest plans for new US headquarters campus

Amazon has submitted plans for its new $2.5 billion headquarters campus, known as HQ2, in Arlington County. Virginia. The NBBJ designed proposal for the PenPlace campus includes a 350 ft glass tower,  three 22-story towers offering 2.8 million sq. ft of office space, a 250-seat outdoor amphitheatre, public green space, and several other buildings. The centre piece tower, officially dubbed The Helix, is a plant covered structure to emphasize the firm’s commitment to the environment and biophilic design.  More →

Right to disconnect should be enshrined in law, says EU Parliament

Right to disconnect should be enshrined in law, says EU Parliament

right to disconnectThe EU Parliament has announced that it would like to protect what it calls employees’ fundamental rights to disconnect from work which includes restricting the way employers might contact staff outside their contracted working hours. Although the right to disconnect is not defined by EU law, the Parliament has called upon the Commission to come up with a law allowing employees to disconnect from work during non-work hours without consequences and setting minimum standards for remote work. More →

Remote work continues to impact physical and mental health of workers

Remote work continues to impact physical and mental health of workers

remote workNew research from Fellowes Brands claims to reveal the ‘alarming’ impact enforced remote work is having on the mental wellbeing and physical health of the nation. Over a third (35 percent) of UK workers admit feeling stressed or anxious, lonely and isolated (32 percent) and tired or lacking in energy (38 percent), while working from home during lockdown. The study is based on a survey of 1,000 UK office workers who had worked from home for at least four months. More →

Low paid workers have borne the brunt of the pandemic

Low paid workers have borne the brunt of the pandemic

low paid workersNew analysis by the Institute for Employment Studies has found that low paid workers are more than twice as likely to have lost their jobs during the pandemic and are at far greater risk of being temporarily laid off or having their hours cut. The research, funded by Standard Life Foundation, concludes that in this current lockdown it is likely that around two thirds of low paid workers – or four million people – are either temporarily laid off or working fewer hours than normal. This would be double the rate of work disruption for staff who are not classified as low paid. More →

Furlough scheme should be extended ahead of the Budget, says CIPD

Furlough scheme should be extended ahead of the Budget, says CIPD

furloughWith six weeks still to go until the Chancellor’s Budget, the CIPD is urging the Government to act early to extend the furlough scheme to protect jobs, support incomes and enhance skills development. Its calls are outlined in a report called The Future of Furlough – Recommendations for now and for any future wage subsidy. In order to support smaller firms who don’t pay an apprenticeship levy, the CIPD is also recommending the creation of a furlough scheme training fund of up to £100 million, which would be funded from levy-paying firms’ expired levy funds that would otherwise go to HM Treasury. The CIPD estimates that this could pay for training or outplacement skills development support for nearly 160,000 workers in small firms. More →

Self-employed sector undermined and diminished by events of 2020

Self-employed sector undermined and diminished by events of 2020

An uphill fight for the self-employedNew research from IPSE, the Association of Independent Professionals and the Self-Employed, claims that the number of solo self-employed people in the UK has fallen by 5 per cent compared to last year. The total number of solo self-employed (excluding those who have others working for them) has fallen from 4.6 million in 2019 to 4.4 million. Until now the sector had been growing continuously for 11 years – by a total of 40 per cent.   More →

Working from home stresses have had the greatest impact on women

Working from home stresses have had the greatest impact on women

working from homeA review of research in organisational and workplace psychology conducted by an international team of academics claims that working from home has been more disruptive for women than men. The review paper, entitled COVID-19 and the Workplace: Implications, Issues, and Insights for Future Research and Action and originally published in American Psychologist, features urgent insight from UCL School of Management Professor, Sunny Lee into the sex- and gender-related implications of changes in work practices that have taken place over the course of 2020. More →

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