Search Results for: tech

Reducing the risk of personal gambling becoming a corporate fraud issue

Reducing the risk of personal gambling becoming a corporate fraud issue

A recently leaked confidential report for the betting industry says that, if introduced, the new rules to encourage responsible gambling in the UK would lead to closure of half of the country’s bookmakers and the loss of around 20,000 jobs. The report follows widespread concerns about the controversial use, and misuse, of Fixed Odds Betting Terminals (FOBTs) in betting shops which, have been shown to be one of the major causes for problem gambling behaviour (due to their addictive play). They allow customers to place wagers as high as £100 every twenty seconds. With gambling becoming ever more accessible through the spread of FOBTs, the growing number of online betting platforms and access to casinos on the high street, the pressure of funding a gambling habit has become one of the main reasons why people commit corporate fraud.

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UK ranks thirty-first worldwide for broadband speeds, claims year long study

UK ranks thirty-first worldwide for broadband speeds, claims year long study

An analysis of over 63 million broadband speeds worldwide carried out by comparison site Cable.co.uk claims that the UK sits in 31st place, with an average speed of 16.51 Mbps. The data was collected for the 12 months up to 10 May this year by M-Lab, a partnership between New America’s Open Technology Institute, Google Open Source Research, Princeton University’s PlanetLab, and other supporting partners, and compiled by Cable.co.uk. The UK manages to beat 158 other countries, yet falls behind 30 others, coming in behind 20 European countries, 17 of which are in the European Union (EU).  The five fastest countries have download speeds around 40 times faster than the five slowest. Singapore tops the table at 55.13Mbps, compared to Yemen, which is more than 162 times slower at just 0.34Mbps.

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New analysis reveals shrinking pool of younger workers in the UK workforce

New analysis reveals shrinking pool of younger workers in the UK workforce

New analysis reveals shrinking pool of younger workers in the UK workforceAn increase in the number of UK-born employees leaving the UK’s workforce, either through retirement or emigration is coinciding with a shrinking pool of younger workers, which a fall in immigration can no longer fill, a new report warns. An analysis of the UK’s workforce showed that the UK’s workforce grew in 2016-2017 only because of an increase in EU and non-EU workers. Mercer’s Workforce Monitor showed that retirement, opting out (i.e. due to caring responsibilities) or emigration saw around 143,000 UK-born employees leave the UK workforce with the loss of workers only being offset by the entry of around 147,000 EU-born workers and around 232,000 Non-EU workers.  In sum, the UK’s workforce grew by an estimated 234,000 over 2016-2017. From Q1 2016 to Q1 2017, the number of workers over 50 in the UK economy grew by 230,000, the under 35’s grew by 50,000 while the number of workers aged 35-49 shrunk by 48,000. According to the analysis, if net migration into the UK levels off at 100,000 per year from 2020, the number of under 50s in the workforce will fall by 200,000 by 2025; the over 50s would increase by over 1 million while the number of under-25s in the population would fall by 100,000. This means apprentices and graduates numbers will be less.

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Coworking provider Mindspace set to open first London location

Coworking provider Mindspace set to open first London location

Coworking provider Mindspace has announced that it will be opening its first coworking property in London. Opening in December 2017, the new location will span two floors and around 30,000 sq ft which the firm claims will accommodate 700 members. Mindspace currently operates 13 coworking spaces across the European mainland in locations such as Berlin, Hamburg (pictured), Munich, Tel Aviv and Warsaw and was founded in 2014 by Dan Zakai and Yotam Alroy. Mindspace’s first coworking space in London will be located at the Relay Building on Whitechapel High Street, directly above Aldgate East tube station and within walking distance of the City and Shoreditch.

 

Whatever you might be told, this is not the Office of the Future

Whatever you might be told, this is not the Office of the Future

office of the futureIt seems like we don’t have to wait more than a few days at a time before some or other organisation is making its own prognoses about how we will be working in the future, especially at this time of year. The thing these reports about the office of the future all share in common, other than a standardised variant of a title and a common lexicon of agility, empowerment, collaboration and connectivity, is a narrow focus based on several of their key narratives and assumptions. While these are rarely false per se, and often offer some insights of variable worth, they also usually exhibit a desire to look at only one part of the elephant. The more serious reports invariably make excellent points and identify key trends, it has to be said. However, across them there are routine flaws in their thinking that can lead them to make narrow and sometimes incorrect assumptions and so draw similarly flawed conclusions. Here are just a few.

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Air quality in cities would benefit more from electric heating in buildings than from electric vehicles

Air quality in cities would benefit more from electric heating in buildings than from electric vehicles

There would be more immediate benefits to the air quality in UK cities by converting all their buildings to electric heating than from the much talked about government plan to halt the sale of petrol and diesel cars by 2040, according to consultancy WSP. A switch to electric heating would provide around a 40 reduction in emissions, a similar level to what would be achieved if all vehicles were to become electric by 2040, according to the report. It highlighted the figures following yesterday’s government announcement that petrol or diesel cars would no longer be sold from 2040. In Central London alone 38 percent of NOx emissions come from buildings using gas power, claims WSP. In 2014 WSP published a report that showed that if all transport and buildings were to become electric by 2030 in London, air pollution could be reduced by over a third, carbon emissions cut by 80 percent and noise pollution reduced significantly. Its figures come from the expected London emissions in 2020 from London Atmospheric Emissions Inventory.

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Potential job creation will replace only fifth of jobs lost to artificial intelligence and automation

Potential job creation will replace only fifth of jobs lost to artificial intelligence and automation

The debate surrounding the threat from artificial intelligence (AI) and automation leading to the loss of jobs has been highly publicised. Most recently, tech titans Elon Musk and Mark Zuckerberg have locked horns over the issue, and PricewaterhouseCoopers (PwC) has estimated that by the early 2030’s 30 percent of British jobs will be lost to automation. Job meta-search engine Joblift has analysed the field of automation and AI in the UK, comparing potential job creation with jobs lost by the early 2030’s. Its meta-analysis based on jobs listings and the research from PwC suggest that newly created positions in the field of AI and automation would only replace around 19 percent of the jobs lost to robotics.

 

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Near universal access to broadband in OECD countries

Near universal access to broadband in OECD countries

High-speed Internet use continues to grow in OECD countries with mobile broadband penetration reaching 99 subscriptions per 100 inhabitants in December 2016, up from 91 per 100 inhabitants a year earlier, according to new data released by the OECD. The addition of 113 million new mobile broadband subscriptions in the 35-country OECD area made a year-on-year rise of 9.8 percent, driven by continued growth in the use of smartphone and tablets, and lifted the OECD total to 1.275 billion subscriptions in a population of 1.284 billion people.
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Flexible working increasingly seen as top option, claims major new study

Flexible working increasingly seen as top option, claims major new study

A new report from ManpowerGroup Solutions claims that 40 percent of job candidates cite flexible working as one of their three most important career considerations. The firm polled 14,000 people in 19 countries. Among the countries surveyed, the US had the highest percentage of job candidates who want work flexibility (45 percent). A majority (63 percent) of workers said they believe they can work outside the office, and the number of men who want flexibility has significantly increased according to the study. The report, Work, for Me: Understanding Candidate Preferences for Flexibility, Manpower Group Solutions claims to offer ‘both the immediate steps and the long-term actions that companies can take to better meet their prospective employees’ preferences around flexibility’.

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Employers have a growing responsibility to provide staff with cycling facilities

Employers have a growing responsibility to provide staff with cycling facilities

This month, the British Council for Offices (BCO) launched a new report looking at the importance of offering better workplace facilities for cyclists in order to support the Government’s ambitious cycling growth targets. The Department for Transport’s £1.2bn cycling and walking investment strategy, published in April, aims to make cycling “the norm” by 2040. It plans to do this by improving cycling infrastructure and expanding cycle routes between city centres, local communities and key employment and retail sites, making improvements to 200 sections of roads for cyclists and providing funding for councils to invest in cycling schemes. In addition, city councils across the UK are making improvements to their cycling infrastructure. Last year, Sadiq Khan announced plans to spend £770m on cycling initiatives in London over the course of his term, in order to make riding a bike “the safe and obvious” transport choice for all Londoners. Birmingham City Council has pledged to invest more than £11m in creating two-way cycle paths, resurfacing canal towpaths, and even offering free bikes, with the aim of doubling the number of trips in the city made by bike from 5 percent to 10 percent by 2033, in order to make the city healthier, greener, safer and less congested.

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Link between offices and wellbeing is too important for landlords and occupiers to ignore

Link between offices and wellbeing is too important for landlords and occupiers to ignore

Developers and landlords who invest to create offices that embody the occupier-driven focus on wellbeing will reap their rewards commercially while those that don’t face diminishing returns, according to a new report from Cushman & Wakefield. The Well Workplace report claims to map out the major trends, opportunities and challenges of the future facing owners and occupiers of commercial office space due to the growing emphasis on employee health and vitality as part of the work environment.  Improved lighting, layout and use of plants are all known to benefit wellbeing and can increase employee performance. Gains through boosting performance far outweigh potential cost savings through real estate efficiencies – making the imperative for occupiers clear, according to the report’s authors.

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BCO predicts how Brexit might impact on demand for office space to 2022

BCO predicts how Brexit might impact on demand for office space to 2022

Commercial property occupiers remain cautious about the future, and hard data indicates that demand has, so far, been largely unaffected by Brexit, claims a new report from the British Council for Offices (BCO) . ‘Brexit and its Potential Impact on Office Demand’, examines how Brexit might impact on demand for office space on a national and regional basis through to 2022. According to the report, almost one year on from the Brexit vote the situation is one of uncertainty, feeding through to slower growth, with ‘an almost palpable sense that choppy waters lie ahead, particularly with regard to trade and movement of labour’. However, businesses continue to make long-term investments in the national economy and even in the City, some large investment banks have committed to large new office buildings. There is much variation in the relative performance of the UK’s major office centres, though, with some expanding and others apparently in decline.

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