November 13, 2019
The impact of global warming is rarely included in standard macroeconomic forecasts, even over 20-30 year time horizons. This partly reflects the perception that the economic effects of global warming are unlikely to become significant until the second half of this century and even then, will cost no more than a few percentage points of world GDP.
November 13, 2019
Nuffield Health has released a review of remote working and its impact it on companies and their staff. According to The effects of remote working on stress, wellbeing and productivity (registration), while remote and flexible work help people deal with the conflicting demands of their lives, the evidence is unclear on how they affect productivity, stress and wellbeing. More →
November 13, 2019
UK employees are having to work harder to pay the bills, with the vast majority (91 percent) working beyond their contracted hours on a weekly basis and almost half (43 percent) not leaving the office or taking a break at lunchtime according to an analysis of Morgan McKinley’s Working Hours and Flexibility reports. And the growing practice of flexible working appears to be having no impact on the overworking culture.
November 12, 2019
Oxford has been recognised as the top performing city in the UK to live and work for the fourth year in a row in a nationwide study carried out by PwC. The city has emerged ahead of Reading thanks to work-life balance, income, transport and skills with Bradford being crowned as the most improved city. Published today (12 November 2019), the annual Demos-PwC Good Growth for Cities 2019 sets out to show there’s more to economic well-being than just measuring GDP. The index measures the performance of 42 of the UK’s largest cities, England’s Local Enterprise Partnerships (LEPs) and ten Combined Authorities, against a basket of ten factors which the public think are most important when it comes to economic well being. These include jobs, health, income and skills, as well as work-life balance, house-affordability, travel-to-work times, income equality, environment and business start-ups. More →
November 12, 2019
A new report from the RSA, Democratising Decisions About Technology, considers how citizens can have agency over new technologies, such as AI, which are entering their workplaces, homes and lives. This report reveals the desire and capability of ordinary citizens to engage with sometimes complex technology-related questions, and presents a toolkit for organisations looking to engage ordinary people on AI. The NHS, criminal justice system and employers will face a backlash against ‘tech creep’ unless they commit to ensure a role for citizens in designing and deploying tech, the report warns. More →
November 12, 2019
IPSE (the Association of Independent Professionals and the Self-Employed) has launched #5millionvotes, a manifesto for the 2019 General Election. The manifesto claims to highlight the size and influence of the self-employed sector in the election, as well as outlining the policies parties should adopt to secure the support of freelancers. The number of self-employed has grown enormously in the last ten years to almost 5 million. They are now 15 per cent of the workforce – almost as much as the entire public sector. Collectively, they contribute £305bn to the economy every year, which is enough to fund the NHS twice over. More →
November 11, 2019
More news on the patchy effects of Brexit on the UK economy comes in the latest Labour Market Outlook from the CIPD. The report claims that Brexit uncertainty has yet to take its toll on employers’ hiring expectations, with both public and private sector employers expecting staff numbers to increase in the final quarter of 2019. There has been a surge of confidence among public sector employers on increasing both pay and staff numbers in the next quarter. Although still positive, private sector pay award expectations have decreased, narrowing the gap between the public and private sector. The forward-looking indicator surveyed 1,016 UK employers in September 2019 on their recruitment, redundancy and pay intentions. More →
November 11, 2019
The new generation of smart cities should embrace new technologies and fresh approaches to combat their growing list of challenges, claims a new report from ABI Research. In its new whitepaper, 5 Ways Smart Cities Are Getting Smarter (registration), ABI suggests that digital twins and urban modeling, resilient cities, circular cities, micro-mobility, and smart spaces as the five new urban strategy shifts that will make smart cities smarter in the new ways they need. More →
November 11, 2019
The UK’s largest commercial property company, Landsec, has announced that it plans for its 24 million square feet portfolio to achieve net zero emissions by 2030 in line with the Paris Agreement on climate change. Landsec, which has a £13.8 billion portfolio of office, retail and leisure property in the UK, including its flexible office arm Myo (pictured), has had its updated greenhouse gas reduction target approved by the Science-Based Target Initiative (SBTI). More →
November 8, 2019
Although the stuttering resolution of the Brexit issue has had a mixed impact on the economy so far, a new study claims that the effects can be discerned in the jobs market. The number of vacancies has dropped below 1 million for the first time in over four years, after losing a total of 132,201 jobs in the past 12 months according to the latest research from job search engine Adzuna.co.uk. The Energy, Oil and Gas industry has seen just over a third of jobs wiped from the job market in the past 12 months as Brexit uncertainty continues to unsettle the job market. Domestic work has seen an equal number of jobs lost in the past 12 months (34 percent). More →
November 8, 2019
The UK’s workforces are being creatively stifled because of high pressure and a lack of leadership skills, a new study claims. A study of 1,000 workplaces published in Thinking On Your Feet, a report by the commercial arm of the Royal Academy of Dramatic Art, RADA Business, has found that almost half (41 percent) of UK workplaces implement practises that have a detrimental effect on employee empowerment and their ability to think creatively. The study also reveals that 75 percent of workplaces lack the right environment to enable improvisation to thrive, leaving workers feeling unsupported and stressed. More →
November 7, 2019
The results of a new academic study on the relationship between global economic growth and physical activity, carried out by Vitality and RAND Europe, reveal significant benefits to the economy and life expectancy if people adopted a more active lifestyle. The study suggests that the world’s GDP would gain more than $100bn (£80bn) each year until 2050 if people adopted a more active daily routine that could involve simple choices such as walking 15 minutes more a day, jogging slowly for half a mile a day, or walking 1,500 extra steps a day. More →
