Search Results for: recession

Startups fuelling growth in demand for flexible offices

Startups fuelling growth in demand for flexible offices

flexible officesAccording to  data from The Instant Group 584,097 companies have been registered in the UK since the start of 2021 – this equates to 1,781 per day. The most companies registered in 2021 so far have been in London, Birmingham, and Manchester. The growth in start-ups has fuelled an increase in demand for flexible offices across the UK’s cities, with large proportional increases outside London. Requirements for coworking and serviced offices has grown significantly in cities such as Bristol (41 percent), Manchester (28 percent), and Reading (27 percent) over the past year. More →

Pandemic-driven shifts have made the workforce smaller, younger and more female

Pandemic-driven shifts have made the workforce smaller, younger and more female

pandemicThe pandemic has not led to mass unemployment as many feared, but has instead driven wider shifts that have increased employment among younger women, but pushed many men and older workers out of the labour market altogether, according to new research. More →

The commercial property market is changing rapidly, and for the better

The commercial property market is changing rapidly, and for the better

commercial propertyPredicting behaviours in the commercial property market is never an easy thing, yet we know that the pandemic has drastically altered this market. Whilst some players have advocated ‘the end is nigh’ for all office space, research shows a different picture emerging – namely the office space as we know it is evolving into something different. The impact of prolonged uncertainty has fuelled change.  However, there are other forces at work shaping a brighter and more varied future for office space. More →

Public concerned about risk of unemployment, day to day living costs, and economic growth

Public concerned about risk of unemployment, day to day living costs, and economic growth

publicA large majority of the public are concerned about rising unemployment (82 percent), day to day living costs (80 percent), and low economic growth (77 percent), according to a PwC survey of 2,000 people across the UK. Pandemics and other health crises (84 percent), cyber crime (82 percent), and climate change (81 percent) were other key concerns according to the research, which looks at the UK public’s attitude to risk.
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Half of freelancers planning to stop contracting in the UK after IR35 reforms

Half of freelancers planning to stop contracting in the UK after IR35 reforms

freelancers

Half (50 percent) of freelancers are planning to stop contracting in the UK after the changes to IR35 come into effect in April – unless they can get contracts unaffected by the changes – according to new research by IPSE (the Association of Independent Professionals and the Self-Employed). Instead, they are planning to seek contracts abroad (24 percent), stop working altogether (12 percent), seek an employed role (17 percent) or retire within the next year (11 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 →

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 →

We must seize the chance to go full circle on sustainable office design

We must seize the chance to go full circle on sustainable office design

The circular economy is the ‘holy grail’. Few people would deny the ambition of keeping resources in use for as long as possible, extracting the maximum value from them, then recovering and regenerating products and materials at the end of each service life. Is this achievable within the furniture and furnishings sector? Many manufacturers and suppliers can justifiably boast impressive ‘green’ credentials, such as manufacturing techniques, the use of innovative and sustainable materials as well as recyclability of products. The production and supply of new furnishings doesn’t address, however, the short and longer term issues relating to sustainability. ‘Cradle to cradle’ is a great concept – but who is responsible? More →

Nearly half of young people put their career plans on hold due to pandemic

Nearly half of young people put their career plans on hold due to pandemic

careerMore than 40 percent of young people aged 16-24 surveyed in the UK say they are putting their career or education plans on hold until the pandemic is over. The research, commissioned by BAE Systems to mark National Apprenticeship Week (8-12 February), looks at the impact the pandemic has had on the ‘lost generation’ and their career aspirations. More →

Working from home spells trouble for the careers of younger workers

Working from home spells trouble for the careers of younger workers

working from homeLockdown meant that the choice to work from home was made for us. However, for many the decision to continue to do so post-lockdown will be a personal choice. The question we should all ask ourselves is, whether when we are outside of any lockdown restrictions, is working from home really a workplace revolution or simply an act of selfishness? For thousands of workers who’ve spent years of their lives commuting to offices that feel more like soul-less factories than inspiring and engaging workplaces, it’s no wonder that enforced work from home has proven popular. More →

Unemployed over 50s are two and a half times as likely to be unemployed for at least two years

Unemployed over 50s are two and a half times as likely to be unemployed for at least two years

over 50sUnemployed over 50s are two and a half times as likely as younger age groups to be out of work for at least two years, according to new analysis from Rest Less. There are 407,000 unemployed over 50s in the UK, making up one in four (24 percent) of all unemployed people. More →

The shape of things to come for the world and the workplace

The shape of things to come for the world and the workplace

Originally published in March, right at the start of all this. Makes me wonder how far we’ve come in nine months. In Dorian Lynskey’s The Ministry of Truth, a “biography” of Nineteen Eighty-Four, the author describes how Orwell’s  book was the end point of an obsession with utopian (and ultimately dystopian) fiction that characterised the first half of the Twentieth Century, and reflected the competing political, social and economic ideologies of the era. More →