Search Results for: economic

Business rates and employment costs for small firms need overhaul

Business rates and employment costs for small firms need overhaul

The Federation of Small Businesses (FSB) is calling on the Chancellor Sajid Javid to bring forward radical interventions to address an unprecedented long-term slump in small business confidence, slowing economic growth and a widening trade deficit when he publishes the 2019 Autumn Budget on 6 November. In a letter to the Chancellor, the group calls for a major reduction in business rates bills for small firms, as thousands struggle to stay afloat amid spiralling operating costs. More →

Menopause at work addressed in new CIPD manifesto

To help ensure women get the right support when going through the menopause transition, necessary public policy measures need to be put in place and the subject should be discussed openly in organisations, according to the CIPD which has published a manifesto for menopause at work at an event at the Houses of Parliament. More →

Young people struggle to find secure and meaningful work

Young people struggle to find secure and meaningful work

young people struggle to find meaningful workThe Institute for Employment Studies (IES) has published new research exploring young people’s experiences of work and the implications for their future health. Many of the issues raised are common across all age groups, but the report argues that they can be especially pronounced and harmful for younger people as they set about finding meaningful work that is also secure and well paid.

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Gender equality progress remains slow in EU, report claims

Gender equality progress remains slow in EU, report claims

gender equalityThe EU continues its snail’s pace when it comes to gender equality progress, according to the latest Gender Equality Index from the European Institute for Gender Equality (EIGE) shows that the EU’s score for gender equality is up just one point to 67.4, since the 2017 edition. Sweden continues to top the EU scoreboard, with 83.6 points, followed by Denmark with 77.5. Greece and Hungary have the most ground to make up, with both scoring less than 52. The biggest improver is Portugal, with an increase of 3.9 points, followed closely by Estonia with 3.1 points. More →

RICS initiative urges built environment sector to be more aware of global impact

RICS initiative urges built environment sector to be more aware of global impact

The Royal Institution of Chartered Surveyors (RICS) has today launched the ‘Value the Planet’ campaign, promoting the preservation of the planet through the adoption of the UN’s sustainable development goals (SDGs). The campaign pushes for increased action within the industry, highlighting the essential need to Value the Planet and will provide support and resources from RICS and the industry to help the profession take both climate action and adopt the UN SDGs. RICS is also today publishing the RICS Responsible Business report which provides recommendations for businesses on ensuring the long-term sustainability of the built environment. More →

Self employment boom continues to shape UK cities

Self employment boom continues to shape UK cities

self employment in Uk citiesNew research from the Centre for Cities claims that we are still seeing the long-lasting consequences of the post-financial crisis self-employment boom in the UK’s cities. But too many people working for themselves lack access to training – raising concerns about their long-term security and many cities’ future economic strength. More →

Full fibre broadband could boost UK economy by billions

Full fibre broadband could boost UK economy by billions

The deployment of full-fibre broadband could boost the UK economy by around £59 billion, according to a new report from the Centre for Economics and Business Research (CEBR), commissioned by Openreach. The Full fibre broadband: A platform for growth report claims that connecting the UK to fibre-to-the-Premises (FTTP) broadband could increase productivity, reduce commuting, enable smarter ways of working and improve public services. More →

Wellbeing issues dog growing number of men unable to find work

Wellbeing issues dog growing number of men unable to find work

wellbeing issues for unemployed menA new IZA World of Labor report suggests that the number of prime-age males who exist outside the labour force is increasing worldwide. The report claims that this development goes hand in hand with a decrease in wellbeing for the men themselves driven by higher levels of stress and has a wide range of economic and social consequences. More →

UK organisations falling behind on AI

UK organisations falling behind on AI

Image from Microsoft AI reportUK organisations risk falling behind global competitors unless they act now to accelerate their use of AI technology, according to a new report unveiled today by Microsoft UK. The report claims that organisations currently using AI are now outperforming those that are not by 11.5 percent – a boost that, in the face of unprecedented economic and political uncertainty, UK businesses can ill-afford to pass up, the authors suggest. More →

Older workers will drive long term success of firms

Older workers will drive long term success of firms

Older workers are essential for the success of firmsOrganisations that actively leverage the abilities and experience of their older workers will be best positioned for the future of work, according to Mercer’s report Next Stage: Are You Age-Ready? (registration). The importance of being “age-ready” is underscored for both businesses and economies by the impact of the twin forces of a rapidly ageing labour force coupled with an uncertain global economic growth rate, the report argues. More →

Employment of mothers shapes working lives of children

Employment of mothers shapes working lives of children

working lives of mothers serves as role model for childrenA new report from the IZA Institute of Labor Economics claims that working mothers serve as role models for the working lives of their children, especially their daughters. The report suggests that  while the inter-generational correlation of labour market outcomes has been a subject of interest among both academics and policymakers for a long time, much of the literature has focused on the correlation of earnings. The new report argues that not only is the potential to earn transmitted across generations but also the willingness to work more generally. More →

Skills gap driven by changing structure of labour market

Skills gap driven by changing structure of labour market

skills gapRecent years have seen a widespread drop in global unemployment rates but what continues to puzzle economists has been the subsequent failure of wage inflation to follow suit. This has created an unusual phenomenon of wage stagnation across global markets, according to the eighth edition of the Hays Global Skills Index, a report into skills and the skills gap published by recruitment firm Hays in collaboration with Oxford Economics. More →