June 7, 2017
Firms remain optimistic despite political uncertainty, Brexit and automation 0
Britain’s start-up businesses are more optimistic about the future than those in the US, Europe and Asia, despite the uncertainties caused by Brexit, according to research by EY. According to the company’s Growth Barometer, half of UK businesses less than five years old expected to grow by more than 11 per cent this year. Almost a quarter were forecasting growth of more than 26 per cent. The findings are based on a survey of 2,340 middle market executives across 30 countries, reveal that in spite of geopolitical tensions, including Brexit, increasing populism, the rise of automation and artificial intelligence (AI) and skilled talent shortages, 89 percent of executives see today’s uncertainty as grounds for growth opportunities. What’s more, 14 percent of all companies surveyed have current year growth ambitions of more than 16 percent.


















The British Institute of Facilities Management (BIFM) has issued updated guidance to help in-house FM teams understand what is involved in managing and changing space. The revised Space Planning and Management Good Practice Guide aims to provide practical advice on the tools and techniques that can be deployed when planning and managing space, clearly illustrating the processes involved and enabling facilities managers to set overarching space management strategies for their organisation. Key areas covered in the guide include space demands, strategy and standards, programming and managing projects and the technologies available to help with the process. The guide has been updated by its original author Joanna Eley, director of Alexi Marmot Associates.
One in seven SME employees admit to feigning illness and taking at least three bogus sick days off each year in order to cope with a culture which expects them to be available all the time. Nearly half (42 percent) of staff who are pulling sickies do so because they need a rest as just under half (46 percent) of SME employees bother to use up their full holiday allowance. At the end of 2016, SMEs employed 15.7 million people and accounted for 99 percent of all private sector businesses. Due to the piling pressure on small business owners, half (51 percent) of the 1,500 British SME workers and business owners who were polled by breatheHR confessed to contacting an employee while they were on sick leave – this number jumps to 72 percent for younger business owners (18-34-year-olds) showing clear generational differences. Additionally, three-quarters (71 percent) of business owners would expect employees to work if they had a common cold. Why? Because absenteeism impacts the bottom line – 85 percent of business owners say it has an economic effect.






