Search Results for: economic

Understanding how to project financials for a startup business

Understanding how to project financials for a startup business

by • Company news

Launching a startup can be an exciting endeavor that requires thorough planning and preparation. One of the most essential and challenging aspects of planning a startup is projecting the financials. To make credible financial forecasts, it is crucial to have a solid understanding of the fundamental aspects of projecting financials. In this article, we delve into the art of projecting financials for a startup business. More →

It will take more than government funding for the world to reach net zero

It will take more than government funding for the world to reach net zero

by • Environment, News

The world needs up to $3.5 trillion of additional investments each year to reach net-zero and restore natureClimate finance was central to discussions at COP28 in Dubai and funding to reach net zero and restore biodiversity is still falling short. A new report from the World Economic Forum highlights the priorities for action and sets out how partnerships between organisations from the philanthropic, private and public sectors can create what it refers to as a positive domino effect, cut emissions at speed. More →

Government brings forward plans to relocate 22,000 jobs away from London

Government brings forward plans to relocate 22,000 jobs away from London

by • News, Property, Public Sector

The UK Government is bringing forward its target to relocate 22,000 roles out of LondonThe UK Government is bringing forward its target to relocate 22,000 civil service roles out of London. It comes as new figures today show that 16,061 roles have already been moved out of London, exceeding the commitment to relocate 15,000 roles by 2025 as part of the Places for Growth programme. Under the newly announced plans, Aberdeen, Darlington and Greater Manchester are to host second headquarters for major departments. Darlington is already the Treasury’s second headquarters.

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Women value work-life balance more than men – unless they are a manager

Women value work-life balance more than men – unless they are a manager

by • News, Wellbeing

Women value their work-life balance much more than men do when at a junior-level on average, but not at the managerial-level, according to new researchWomen value their work-life balance much more than men do when at a junior-level on average, but not at the managerial-level, according to new research by Durham University Business School. The researchers also found that women on the whole were much less satisfied within their job roles than male colleagues who held the same positions. More →

Threat of recession means half of firms say they have stopped innovating

Threat of recession means half of firms say they have stopped innovating

by • Business, News

Half of UK C-suites (50 percent) say that the threat of recession has meant innovation has ceased in their businessHalf of UK C-suites (50 percent) say that the threat of recession has meant innovation has ceased in their business, according to brand new research from consultancy Magnetic. Just 22 percent disagree, with 28 percent undecided. This corroborates the 56 percent who say they’re prioritising the survival of their business above all else; an especially concerning figure when two-thirds of the sample are large businesses with more than 250 employees. More →

Creating the epicentre: unlocking the untold benefits of next-generation office spaces 

Creating the epicentre: unlocking the untold benefits of next-generation office spaces 

by • Comment, Flexible working, Property, Technology

Many associate the notion of futuristic office spaces, filled with equipment like sleep pods and beer taps, with companies that have a young workforce or challenger brand identityMany associate the notion of futuristic office spaces, filled with equipment like sleep pods and beer taps, with companies that have a young workforce or challenger brand identity. The association is often linked to tech giants like Google, which created quite a stir when it originally revealed its indoor slides. Whilst the inclusion of playground furniture in the office is not right for every business, the assumption that unconventional workspaces should be limited to unconventional companies simply isn’t true.  More →

Demand for sustainable buildings and tight regulations drive business case for investment

Demand for sustainable buildings and tight regulations drive business case for investment

by • Environment, News, Property

The current economic environment is creating challenges for investors and occupiers to make the case for investing in retrofitting and futureproofing their real estate. JLL’s new The Commercial Case for Making Buildings More Sustainable report outlines three key factors that should be prioritized in occupiers’ and owners’ decision-making to create a more resilient and sustainable built environment. More →

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

by • Environment, News

To facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectorsTo facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectors, according to a new World Economic Forum report. The Net-Zero Industry Tracker 2023, published in collaboration with Accenture, takes stock of progress towards net-zero emissions for eight industries – steel, cement, aluminium, ammonia, excluding other chemicals, oil and gas, aviation, shipping and trucking – which depend on fossil fuels for 90 percent of their energy demand and pose some of the most technological and capital-intensive decarbonization challenges. More →

Half of work related illness is down to stress, depression or anxiety

Half of work related illness is down to stress, depression or anxiety

by • News, Wellbeing

1.8 million workers reported they were suffering from work-related ill health in 2022/23, with approximately half of the cases down to stress, depression or anxietyNearly two million workers in Great Britain reported suffering from work-related ill health in 2022/23, according the latest annual statistical report from the UK’s Health and Safety Executive. The statistics reveal that 1.8 million workers reported they were suffering from work-related ill health in 2022/23, with approximately half of the cases down to stress, depression or anxiety. In the recent years prior to the COVID-19 pandemic, the rate of self-reported work-related ill health had been broadly flat, but the current rate is higher than 2018/19. More →

Business leaders who screw up struggle to own up and learn from their mistakes

Business leaders who screw up struggle to own up and learn from their mistakes

by • Business, News

Leaders making mistakes can be costly not only to the organisation, but also to their own job security, which makes it difficult for them to admit when there’s been an error. However, new research from emlyon business school shows that there are some techniques CEOs can use to frame these mistakes, in order to ensure they keep their jobs, but also make changes in their organisation. When there is this clear trade-off between admitting a mistake and potentially losing power and control in the organisation, it is important that CEOs use their language effectively to create a safe space for themselves in the organisation – but how can they do so? More →

Most business leaders think generative AI will be a boon for employees

Most business leaders think generative AI will be a boon for employees

by • AI, News, Technology, Workplace

Four out of five (81 percent) business leaders in the UK say Generative AI will benefit their employees, according to new research from LinkedInFour out of five (81 percent) business leaders in the UK say Generative AI will benefit their employees, according to new research from LinkedIn. The top ways that UK executives believe Generative AI will benefit employees is by removing boring, repetitive tasks (64 percent), increasing productivity (52 percent) and freeing up time for bigger and more creative thinking (59 percent), according to the poll. One in three (31 percent) also believe that the rise of Generative AI will create brand new roles at their organisation. More →

Firms make lots of noise about social mobility but don’t always act on it

Firms make lots of noise about social mobility but don’t always act on it

by • News, Workplace

Social mobility: UK employers disproportionately focused on outreach to working-class candidates rather than recruiting and retaining them A new report on social mobility, conducted by the charity Making The Leap, claims that only a third of employers (35 percent) took any action on the retention and inclusion of job candidates from less advantaged socio-economic backgrounds (LSEB) candidates this year. This is down from 53 percent in 2022, showing a significant decline in prioritising a key element of social mobility, and significantly lower than those that say they are focussed on recruiting candidates. More →

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