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The flat white economy is now the most important sector in the UK

The flat white economy is now the most important sector in the UK

flat white economy

According to a new study from the Centre for Economics and Business Research (CEBR) think tank, the so-called ‘flat white sector’ is now the most important driver of the UK economy. Consisting of the digital and creative businesses that cluster around areas like Silicon Roundabout in north-east London, the term has been coined by Douglas McWilliams, deputy chairman at the CEBR to reflect the way startups can apparently save on property costs by working out of coffee shops. McWilliams claims that the flat white economy contributed 14.4 per cent of gross value added (GVA) to the UK in 2018, making it more important than traditional sectors such as manufacturing, mining and utilities on that measure. More →

Gaslighting widespread in the UK workplace

Gaslighting widespread in the UK workplace

More than half of people questioned in  research by HR software and services provider MHR claim they have experienced what they consider to be gaslighting at work. The Twitter poll of 3,033 people aged between 18 and 54 found that 58 percent of respondents have experienced what they consider to be gaslighting during their working lives. Thirty percent of respondents said they hadn’t experienced gaslighting in the workplace, with 12 percent saying they didn’t know. More →

Channel 4 chooses Bristol’s Finzels Reach for its new Creative Hub

Channel 4 chooses Bristol’s Finzels Reach for its new Creative Hub

Channel 4 Bristol new creative hubChannel 4 is in advanced negotiations with developer Cubex to locate its new Creative Hub at Finzels Reach, Bristol’s new waterfront quarter. Channel 4 will lease 3,200 sq ft of space on the second floor of the Fermentation Buildings at Finzels Reach. Channel 4 announced in October 2018 that it had confirmed that Leeds would be the new National HQ alongside Glasgow and Bristol as its Creative Hubs.

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RICS’ new commercial property service charge rules come into effect today

RICS’ new commercial property service charge rules come into effect today

RICS' new commercial property service charge rules come into effect todayNew service charge rules which aim to ensure there are no hidden costs and clarity around disputes, come in to force today (1 April 2019) and are mandatory for RICS professionals. ‘Service charges in commercial property’ has been developed with industry leaders, including major property organisations and professional bodies to secure transparent, upfront and fair costs for businesses as part of the maintenance and upkeep of their building. Amongst the rules, any charges incurred by the tenant must be explained fully at the outset and in accordance with the terms of the occupational lease, whilst any upkeep costs not specifically mentioned or explained in a lease must be made irrecoverable from the tenant.

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Green Building Council releases guidance on social value for local authorities

Green Building Council releases guidance on social value for local authorities

Two people in an office discuss green building designThe UK Green Building Council (UKGBC) has released its latest guidance document, detailing how local authorities can help ensure that new construction and property development in their area positively impacts people and communities by delivering social value. More →

Co-design is an old idea, but it belongs to the 21st Century like never before

Co-design is an old idea, but it belongs to the 21st Century like never before

A group of people share ideas around a tableAs with so many apparently new ideas that resonate in a contemporary context, co-design has a long history. Originally referred to as cooperative or participatory design, it was first applied in Scandinavia in the 1960s and 70s, especially as a way of engaging stakeholders in the public sector in the design and development of IT projects, healthcare and workplaces. Arguably, our modern understanding of the idea was first set out by C.K. Prahalad and Venkatram Ramaswamy in a 2000 Harvard Business Review article called Co-opting Customer Competence and a subsequent book by the authors on the subject. They argue that there is a growing trend for firms to actively seek the insight and competence of customers to offer them better solutions, tailored to their own needs. More →

Need for employee resilience heightened in a time of constant change

Need for employee resilience heightened in a time of constant change

Challenges facing UK businesses in the next five years have heightened the need for employee resilience, according to new research from recruitment specialist Robert Half UK. As businesses adapt to an ongoing period of change, more than nine in 10 (94 percent) CFOs think developing resilience amongst their employees will be important over the next two to five years, with 43 percent citing this as very important. This is critical to almost all (97 percent) CFOs from London-based businesses – the UK’s financial hub. More →

The rise of the digital workplace is transforming the physical office

The rise of the digital workplace is transforming the physical office

serviced officesA recent survey by Gartner predicts that one in five workers will have an AI bot as their co-worker by 2022. It’s almost impossible to talk about the future of the workplace without mention of AI or robotics, and is therefore hardly surprising that there is a feeling of apprehension amongst workers. PwC’s 21st global CEO Survey in 2018 revealed that between 23 percent and 51 percent of respondents were “extremely concerned” about the speed of technological change, and indicated “anxiety about the impending promise and perils of AI.”

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Millions more people say they would like to work as freelancers

Millions more people say they would like to work as freelancers

gig workerThe so-called gig economy is likely to increase dramatically over the next few years, new research suggests. Along with over 8 million people who currently work on a freelance basis, over 5 million more say they would like to go freelance. The data collated by Direct Line for Business claims that 5.3 million people (10 per cent) dream of becoming their own boss in the future, by embracing a career as a freelancer. This is in addition to the 8.6 million (16 per cent) who currently freelance and are either full time self-employed or carry out contract work alongside their main jobs.

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Third of UK employees work way outside contracted hours

Third of UK employees work way outside contracted hours

Third of UK employees work way outside contracted hours

Over 35 percent of employees regularly arrive at work early or stay late, and that younger people are more likely to work longer hours than their older colleagues. The study, conducted by Love Energy Savings discovered that 8 percent of British employees work a staggering 20 hours or more each week than their contracted hours. Of those surveyed, over 40 percent of 18 to 24-year-old employees admit to working more than their contracted hours, a higher number than any other age group; 10 percent of 25 to 34-year-olds admitted to working over 20 hours of overtime per week.

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CIPD report finds employers can do more for women going through the menopause

CIPD report finds employers can do more for women going through the menopause

CIPD: employers need to do more to help women going through the menopauseThe majority of working women experiencing the menopause say it has a negative impact on them at work, finds a new survey from the CIPD. The research found that three out of five (59 percent) working women between the ages of 45 and 55 who are experiencing menopause symptoms were finding it impacted them at work. In response, the CIPD has launched free guidance on managing the menopause at work to help break the silence surrounding the topic. More →

A new practitioner guide helps teams reach peak change-capability in the workplace

A new practitioner guide helps teams reach peak change-capability in the workplace

The Institute for Employment Studies (IES) HR Research Network, in conjunction with The Henley Forum, part of The Henley Business School, is pleased to announce the launch of a new practitioner guide, Changing Together: Change Tools for Teams. The concise booklet is designed to assist teams to be change-ready, maximising full change-capability potential when faced with growing demands for increased agility and adaptability in the workplace.

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