January 7, 2019
A new report from the World Bank has call for more investment in people to prepare them for the economies of the future. The 2019 World Development report (WDR) “The Changing Nature of Work” claims that digital technologies are driving the demand for advanced cognitive skills, socio-behavioral skills, and adaptability in labour markets. The digital economy also presents an opportunity to create more jobs.
December 19, 2018
Whether you’re a morning person or love burning the midnight oil, we’re all controlled by so-called body clocks. These body clocks (which regulate your circadian rhythms) are inside almost every cell in the body and control when we feel awake and tired during a 24-hour period. But as it turns out, our latest study found that our body clocks have a much bigger impact on us than we previously realised. In fact, our body clocks actually effect how well a person performs on both mental and physical tasks.
December 18, 2018
The UK government has introduced what it claims to be the most significant package of workplace reforms for 20 years in response to last year’s Taylor Report on working practices. The Good Work Plan has introduced a range of measures which the Government claims will improve the rights of agency and part time workers and discourage employers from indulging in unwelcome practices. The reforms are intended to stop businesses opting out of equal pay arrangements for agency employees and improve the conditions for gig economy workers generally, for example by giving workers details of their rights from the first day in a job, such as eligibility for sick leave, pay levels, maternity and paternity leave.
December 13, 2018
The European property sector is predicted to grow next year, according to CBRE’s 2019 EMEA Market Outlook report. Although recent indicators suggest some slowing of momentum economic growth in Europe will remain above-trend rate in 2019 and 2020, with Spain, Ireland and the central European countries expected to see the fastest economic growth. France’s growth is expected to accelerate as recent economic reforms begin to pay off; however, UK growth is expected to remain below-trend, but with better long-term potential once the current uncertainty around Brexit passes. Office markets around the region are expected to see positive growth in leasing levels in 2019. However, major European cities, including Paris, Berlin, Stockholm and London, are expected to see lower levels of employment growth in office-using sectors. More →
December 6, 2018
A new study of UK indoor office environments has found a direct correlation between the quality of the air in offices and its effect on workplace productivity. The two-year research initiative, backed by facilities company EMCOR and carried out by academics at Oxford Brookes University and LCMB Building Performance found that workers were able to work up to 60 percent faster in lower CO2 concentrations. It revealed that an increased intake of CO2 can lead to poor decision making, slower reaction times and increased tiredness among employees. Currently, UK productivity is 26.2 percent lower than Germany based on GDP per hour worked – and 22.8 percent less than France. Yet despite ten years of tactics to help close the gap, this is the first time environmental factors have been considered. More →
December 6, 2018
Oxford Economics has published its annual Global Cities research report projecting the shifting landscape of the world’s leading cities from 2019 to 2035. It examine which major cities will be the urban superpowers of the future and which are poised for the most rapid expansions of their economies, populations and business heft. Its main finding is that Asia’s cities, especially those in India such as Surat (pictured) and Agra are making huge strides, although New York, Tokyo, Los Angeles and London stay as the metropolitan superpowers. New York maintains pole position while Tokyo falls below Los Angeles and London in the ranking. More →
December 5, 2018
The culture of late payment by large firms has led to the failure of many small businesses in the UK and prevented even more from thriving and improving their productivity, according to a parliamentary select committee report published today. The Business, Energy and Industrial Strategy (BEIS) committee has called on the government to enforce tougher measures on large firms who treat small businesses “disgracefully” by enforcing long payment terms or paying their suppliers late. The Small businesses and productivity report said that, for an SME to succeed, it is crucial they are paid fairly and on time.
December 5, 2018
The International Bar Association Global Employment Institute and the International Organisation of Employers have published new guidance for firms on International Labour Standards (ILS). The ILS are legal instruments, set by the International Labour Organization (ILO) which protect basic workers rights and address the need for sustainable enterprises to create jobs. They are either conventions, which are legally binding international treaties or recommendations which serve as non-binding guidelines.
December 5, 2018
Freelancers expect government policy to drive their businesses and the economy into decline over the next year, a report from IPSE (the Association of Independent Professionals and the Self-Employed) claims. This quarter, amid widespread speculation about Budget announcements that would harm the self-employed, freelancers’ confidence in their annual business performance dropped nine points, sliding into negative territory. Their confidence in the wider economy – which was already in deep negative territory – fell another two points to near-record lows.
December 4, 2018
An alliance of experts specialising in digital, manufacturing, building performance standards and construction technology has been awarded leadership of a new national Hub to drive innovation and technological advances in the UK construction and infrastructure sectors. Following a nationwide competition, Innovate UK has awarded £72 million to the Transforming Construction Alliance to deliver a national Core Innovation Hub, a key element of the Transforming Construction programme. The alliance brings together the specialist expertise of the MTC (Manufacturing Technology Centre), BRE (Building Research Establishment) and the CDBB (University of Cambridge Centre for Digital Built Britain).
December 3, 2018
There is a theory that when companies talk about issues such as corporate social responsibility they are doing so because it helps them to achieve their business goals. This is the coldly rational thing to do according to people like free market guru Milton Friedman who argues that companies should not actively pursue altruistic ends unless that pursuit is ultimately in the interest of their shareholders. As Friedman puts it: ‘Hypocrisy is virtuous when it serves the bottom line. Moral virtue is immoral when it does not’.
November 29, 2018
Dell Technologies have shared their predictions for 2019. Its central forecast is that this will be the year of the data-driven digital ecosystem, bringing us one step closer to 2030, which Dell describes as the next era of human-machine partnerships and a society where we will be immersed in smart living, intelligent work, and a frictionless economy. This includes: The spark of the next gold rush in tech investments, spurred by the greater value to be derived from data; 5G paving the way for micro-hubs to line our streets, and the opportunity for real-time insights; Multi-cloud environments driving automation, AI and ML processing into high gear; Making room in the workforce for Gen Z; and stronger, smarter and greener supply chains
