Search Results for: economy

Circular economy accelerator launched to address role of built environment in climate change

Circular economy accelerator launched to address role of built environment in climate change

circular economyThe World Green Building Council (WorldGBC) and its network of over 70 Green Building Councils have launched a Circularity Accelerator — a global programme that sets out to accelerate the adoption of circular economy and resource efficiency principles in the building and construction sector. Last week, the United Nations (UN) reported we have a 50 percent chance of exceeding 1.5°C of global heating in the next five years. Between the UN Climate Summit of COP21 in Paris and COP26 in Glasgow, the global economy consumed 70 percent more raw materials than the Earth can safely replenish. More →

Flexible working currently contributes £37bn to the UK economy

Flexible working currently contributes £37bn to the UK economy

economyNew research, ‘Flexonomics: The economic and fiscal logic of flexible working’, highlights the economic benefits of flexible working to the UK economy. Flexonomics builds on our long-standing support of the Flex Appeal campaign by Anna Whitehouse, aka Mother Pukka, and follows the publication of our “Forever Flex: Making flexible working work beyond a crisis” report, published last year. More →

PLAY offers new perspective on circular economy and progressive design

PLAY offers new perspective on circular economy and progressive design

Since 2018, Tarkett and Stockholm-based Note Design Studio have developed their collaboration, with the longstanding commitment that there should be no compromise when it comes to design and sustainability. This progressive journey now introduces the latest edition of the PLAY magazine. More →

Gig economy could lead to a labour shortage…but better off workers

Gig economy could lead to a labour shortage…but better off workers

gig economy workerThe long-term impact of COVID-19 on the economy (and the gig economy) will not be clear for some time. But in the UK, the easing of pandemic related restrictions has coincided with significant labour shortages and the driving up of wages. Statistics show that wages have risen 7.4 percent in the past year, and the number of job vacancies has continued to rise (up to 953,000 in July 2021). Those vacancies have appeared amid continued travel restrictions from abroad, and the prolonged furlough scheme, which is keeping over 1 million people tied to employers that don’t have work available for them. More →

Tarkett and Note Design Studio interpret circular economy in Tarkett’s new showroom in Stockholm

Tarkett and Note Design Studio interpret circular economy in Tarkett’s new showroom in Stockholm

Recently launched is Tarkett Ateljé, the new Stockholm-based showroom designed in collaboration with Note Design Studio. The space is created as a forum for sustainability and design talks, in a setting that showcases circular economy being put into practice. More →

Ending the commercial rents stalemate can help economy rebound, claims CBI

Ending the commercial rents stalemate can help economy rebound, claims CBI

Occupiers and landlords of commercial property should partner on a path towards full economic reopening by taking decisive action to address commercial rent challenges, says the CBI. The CBI believes commercial property tenants should resume paying rents as normal when emergency coronavirus legislation protecting businesses from evictions and statutory demands ends on June 30, except in cases of extreme financial difficulty caused by this year’s lockdown measures. More →

Wellbeing strategies could add £61bn to English economy

Wellbeing strategies could add £61bn to English economy

wellbeing strategiesCorporate wellbeing could add £61bn to the English economy by 2025 through added productivity, if UK companies can create new wellbeing strategies and improve underperforming ones, according to a new study by Westfield Health. More →

Toxic workplace culture costing UK economy £20.2 billion per year

Toxic workplace culture costing UK economy £20.2 billion per year

cultureThe cost of poor company culture is a staggering £20.2 billion per year, according to research from HR software provider Breathe. The report ‘The Culture Economy 2021’, claims that almost a third (27 percent) of SME employees quit their job due to poor workplace culture, an increase of 6 percent from last year (21 percent). More →

Serfs up for the self-employed and gig economy workers (and the middle class)

Serfs up for the self-employed and gig economy workers (and the middle class)

One of the most significant consequences of the 2008 economic crash was a remarkable shift in the nature of employmentThe recession led to a surge in the number of people categorised as self-employed. The numbers have been increasing ever since, albeit at a lower rate. By the end of 2019, the number of self-employed people in the UK exceeded five million people for the first time. Fifteen percent of the workforce.  More →

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 →

Investment in digital technology set to deliver £232bn boost to UK economy by 2040

Investment in digital technology set to deliver £232bn boost to UK economy by 2040

economyInvestment in digital technology is set to increase UK GDP by £232bn (6.9 percent) in 2040, according to a new study by Virgin Media Business and the Centre for Economics and Business Research (CEBR). The research, which examines how more digital ways of working can support the UK’s economic recovery from Covid-19, claims investment in technology could boost the economy by £74bn in 2025. More →

Radical reskilling needed to ensure future of economy

Radical reskilling needed to ensure future of economy

reskillingResearch carried out by the CBI prior to the pandemic suggests there is an urgent need for the UK to embark on a radical programme of reskilling that goes further and faster than current plans. According to the CBI, the UK faces a stark choice: invest more in lifetime learning and upskilling of millions of employees, or stick to business as usual, and risk sustained higher rates of unemployment and skills shortages. More →