Search Results for: economy

Oxford and Reading are best cities in which to live and work in the UK

Oxford and Reading are best cities in which to live and work in the UK

by • Cities, News, Wellbeing

best citiesOxford 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 →

IPSE launches manifesto for the self-employed

IPSE launches manifesto for the self-employed

by • News

a self-employed man sits at a computerIPSE (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 →

Brexit uncertainty yet to affect UK jobs market

Brexit uncertainty yet to affect UK jobs market

by • Business, News

BrexitMore 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 →

Brexit continues to affect jobs market in UK, despite latest delay

Brexit continues to affect jobs market in UK, despite latest delay

by • News, Workplace

Brexit affecting jobs marketAlthough 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 →

More active lifestyles would have far reaching economic impact

More active lifestyles would have far reaching economic impact

by • News, Wellbeing

activeThe 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 →

Real estate set to remain an attractive investment despite challenging environment

Real estate set to remain an attractive investment despite challenging environment

by • Cities, News, Property

ULI PWC real estate reportEurope’s property leaders continue to have faith in real estate as an attractive option for investments, despite a number of significant political and economic challenges, according to the latest Emerging Trends in Real Estate Europe 2020 report. With interest rates set to stay lower for longer and bond yields in many European countries in negative territory, real estate income retains its broad appeal to investors, especially in comparison to other asset classes. Equity and debt are expected to remain plentiful for most real estate sectors. The report, published annually by the Urban Land Institute (ULI) and PwC, is based on the opinions of over 900 real estate professionals across Europe, including investors, developers, lenders, and advisers. More →

Cyber security remains a key tech priority for businesses

Cyber security remains a key tech priority for businesses

by • News, Technology

cyber securityOrganisations are prioritising investment in cyber security to strengthen their defences against their perceptions of a growing threat, according to a new survey of its customers to gauge their technological priorities by Softcat. According to a BBC report, 55 percent of UK firms have experienced a cyber-attack in 2019, up 15 percent compared to last year, signifying a growing threat so their fears may be well-founded. Softcat’s survey claims that 83 percent of industries ranking cyber security as their biggest technology priority for the year ahead. More →

HR leaders feel unprepared for the future of work

HR leaders feel unprepared for the future of work

by • News, Technology, Workplace

Gartner and the future of workOnly 9 percent of chief human resources officers (CHROs) agree that their organisation is prepared for the future of work, according to a new report from Gartner. The study ties in to Gartner Gartner ReimagineHR conference, which took place last week. It concludes that to address the needs of organisations and workers in the future, HR leaders must focus on five areas of work. It suggests that tackling the future of work should not mean looking at the various changing aspects of work, such as AI, the gig economy and the multigenerational workforce, in silos. Istead, HR leaders should focus on the big picture of what the future of work can and should look like in their organisation. More →

Remote working key to winning the battle for talent

Remote working key to winning the battle for talent

by • Flexible working, News

remote workingAccording to a new study conducted by the Centre of Economics and Business Research (Cebr) with support from Citrix Systems, Inc., companies that leverage technology to enable flexible and remote working models can not only attract talent, but increase employee engagement and productivity, potentially boosting the US economy by as much as $2.36 trillion a year. Through an online survey of more than 2,500 US knowledge workers conducted in July, the Cebr study sought to determine the potential value to the US economy of the adoption of a more widespread, flexible working culture. It claims that in offering virtual/remote work options and providing the tools to enable them, companies can better compete in the battle for talent by dipping into untapped pools of workers. More →

Over 50s account for total five year increase in night working

Over 50s account for total five year increase in night working

by • News, Wellbeing, Workplace

over 50s dominate increase in night workforceThe number of people regularly working night shifts is at its highest level since the Office for National Statistics began collecting records in their current form, according to a new analysis from the TUC. The analysis of official data shows that 3.25 million people (more than 1 in 9 workers) work in Britain’s night-time economy – 100,000 more than five years ago. While the number of over 50s doing night work has accelerated in recent years, fewer young workers are doing night shifts. More →

How office design trends in different countries feed off each other

How office design trends in different countries feed off each other

by • Comment, Workplace design

The term Global Village has passed into general use to describe many of the phenomena we associate with the modern globalised world. But it actually dates back to 1962 when coined by Marshall McLuhan to describe an emerging, electronically contracted world in which cultures converge alongside political, business and legislative frameworks. These forces have been instrumental in bringing nations and organisations closer together and yet each nation continues to be shaped by little differences and residual cultures and conditions. More →

Firms not meeting the needs of a growing flexible workforce

Firms not meeting the needs of a growing flexible workforce

by • Flexible working, News

flexible workforceA new report claims that US based businesses are not addressing the needs of an increasingly “deskless workforce” which thinks flexible working is a right that should be valued more than other benefits. The Future is Flexible: A New Workforce Paradigm Evolving From the Gig Economy (registration) from Quinyx compiles publicly available data alongside a survey of more than 4,000 employed Americans over the age of 18. It claims that, behind wages, flexibility is one of the most important factors of happiness at work for this growing flexible workforce, higher than health benefits, culture, and employee discounts. More →

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