Search Results for: economic

UK government outlines £86 billion science and technology plan to support regional growth

UK government outlines £86 billion science and technology plan to support regional growth

by • News, Property, Technology

The UK government has announced a package of funding and initiatives aimed at strengthening the country's position in science and technologyThe UK government has announced a package of funding and initiatives aimed at strengthening the country’s position in science and technology, which it believes will offer a particular focus on helping regions capitalise on local research and innovation. The investment, totalling £86 billion, forms part of the government’s broader Science and Technology Framework. It includes targeted support for universities, researchers and businesses outside of the traditional innovation hotspots in the South East of England. (more…)

Growing demand for homes and lab space may be met by repurposing vacant offices

Growing demand for homes and lab space may be met by repurposing vacant offices

by • News, Property

Rather than retrofitting secondary vacant offices, landlords are converting them into homes and life sciences laboratoriesA growing mismatch between supply and demand in the housing and life sciences sectors is fuelling a wave of office conversions across the UK, as developers seek to repurpose outdated vacant offices to meet changing needs, according to a new report from CBRE. According to the real estate firm, the rise in hybrid and remote working has left a significant volume of secondary office space vacant, with many buildings no longer fit for modern corporate requirements. Rather than invest in costly retrofitting, landlords and investors are increasingly exploring conversion opportunities – particularly into residential units and life sciences laboratories. (more…)

How BPO enables business flexibility in rapidly changing global markets

How BPO enables business flexibility in rapidly changing global markets

by • Business, Company news

What was once viewed as a cost-cutting tool, BPO has evolved into a strategic advantage, providing businesses with the flexibility they require to remain competitive and resilient during volatile periods.Global markets are changing at an unprecedented rate due to economic uncertainty, shifting consumer behavior, and technological breakthroughs. Businesses must be agile and able to adapt to market changes. This is where Business Process Outsourcing (BPO) comes in. What was once viewed as a cost-cutting tool has evolved into a strategic advantage, providing businesses with the flexibility they require to remain competitive and resilient during volatile periods. (more…)

Younger people increasingly willing to give up remote work for secure work, study suggests

Younger people increasingly willing to give up remote work for secure work, study suggests

by • Flexible working, News

New data from over two million job seekers suggests that younger people are becoming less focused on remote work options as they face a more competitive jobs market.New data from over two million job seekers suggests that younger people are becoming less focused on remote work options as they face a more competitive jobs market. The latest Work Index from Flexa, which tracks workplace preferences based on real-time job search behaviour, found that Gen Z candidates (aged 16 to 28) are now the least likely age group to seek remote-first roles. In March 2025, just 24 percent of Gen Z job seekers expressed a preference for fully remote positions, compared to 35 percent of Gen X (aged 45 to 60). (more…)

Meh. Generative AI in the workplace is delivering modest returns that don’t match the hype

Meh. Generative AI in the workplace is delivering modest returns that don’t match the hype

by • AI, News

the use of generative AI chatbots has so far delivered only modest gains in productivity and almost no increase in pay or reductions in working hours for employeesA new study by the US-based National Bureau of Economic Research has cast doubt on the immediate transformative impact of artificial intelligence in the workplace, finding that the use of generative AI chatbots has so far delivered only modest gains in productivity and almost no increase in pay or reductions in working hours for employees. The working paper [restricted access], authored by economists Anders Humlum and Emilie Vestergaard, used detailed Danish employment data to assess the real-world effects of AI adoption across 7,000 workplaces and 25,000 workers, focusing on white-collar roles most susceptible to automation—such as accountants, IT support staff, journalists, HR professionals, and software developers. (more…)

Nearly two thirds of Europe’s workers say they experience Impostor Syndrome 

Nearly two thirds of Europe’s workers say they experience Impostor Syndrome 

by • News, Wellbeing, Workplace

A new survey by AI-based career tool Kickresume claims that impostor syndrome remains a widespread issue across European workplaces, affecting both personal wellbeing and professional developmentA new survey by AI-based career tool Kickresume claims that impostor syndrome remains a widespread issue across European workplaces, affecting both personal wellbeing and professional development. The study, which surveyed nearly 2,000 people, revealed that 63 percent of workers in Europe have experienced impostor syndrome at some point. More than half—56 percent—said they had turned down or missed out on opportunities as a result of these feelings of self-doubt. (more…)

Little evidence that hybrid working has encouraged high skilled people to relocate to cheaper regions

Little evidence that hybrid working has encouraged high skilled people to relocate to cheaper regions

by • Flexible working, News

the shift towards remote and hybrid working has not significantly changed where people live, nor has it helped to distribute talent more evenly across the countryA new report and series of policy briefings by a team of UK researchers suggest that the shift towards remote and hybrid working has not significantly changed where people live, nor has it helped to distribute talent more evenly across the country. Led by Professor Jackie Wahba OBE from the University of Southampton and Dr David McCollum from the University of St Andrews, the research was conducted by the ESRC Centre for Population Change and Connecting Generations, in collaboration with academics from the University of Birmingham, De Montfort University, and the University of the Arts London. The findings show that most remote workers continue to follow hybrid working patterns, splitting their time between home and the office while staying within commuting distance of major employment centres. This trend limits the potential to reduce regional inequalities or drive economic growth outside of London and the South East.

(more…)

Is anyone really thinking about the future beyond what happens next?

Is anyone really thinking about the future beyond what happens next?

by • Comment, SF, Technology, Wellbeing

I am invited to discussions about AI impacts which focus on the coming weeks and months, but it begs the question, who is thinking about the futureThe conversations around AI at the moment are interesting. Academic. Thought-provoking. Posts on LinkedIn discuss job changes and what the future may look like in theoretical terms. The words ‘streamlined’ and ‘automated’ litter the chats between Executives and CEOs. But that seems to be where consideration ends. We are talking about the future, but the very near future. I am invited to discussions about AI impacts which focus on the coming weeks and months, but it begs the question, who is thinking about the future? (more…)

Ping pong, perks, pizza and beanbags won’t get you a better workplace culture

Ping pong, perks, pizza and beanbags won’t get you a better workplace culture

by • Comment, Flexible working, Wellbeing, Workplace, Workplace design

Organisations have become increasingly inward-looking, preoccupied more with symbolic purpose statements and curated internal experiences of workplace culture than delivering real value to the business or its customersBusiness has taken a wrong turn. Since the 2008 financial crisis, best practice has led companies to believe that the route to driving greater productivity and performance is to establish a workplace culture that prioritises purpose, meaning, and how people feel. As a result, organisations have become increasingly inward-looking, preoccupied more with symbolic purpose statements and curated internal experiences than delivering real value to the business or its customers. However, in today’s challenging economic climate, and with UK productivity at an all-time low, this navel-gazing approach is not only proving ineffective, but is also actively holding companies back. What began as a well-meaning shift towards cultivating happier employees has become a harmful distraction from genuine employee engagement and performance. (more…)

Most organisations now think they reduced their office space too much in the wake of the pandemic

Most organisations now think they reduced their office space too much in the wake of the pandemic

by • Flexible working, News, Property, Workplace design

According to The Office Occupiers Report 2025 from Irwin Mitchell nearly two-thirds of the organisations surveyed now believe they may have downsized their office space too much over the past few years.Most UK businesses now believe they got their office space strategies wrong in the wake of the pandemic. According to The Office Occupiers Report 2025 from Irwin Mitchell nearly two-thirds of the organisations surveyed now believe they may have downsized their office space too much over the past few years. Consequently, 45 percent are planning to expand their office footprint within the next 12 to 18 months, compared to just 10 percent considering further reductions. (more…)

Office design and the office market are not what you might be led to believe

Office design and the office market are not what you might be led to believe

by • Comment, Workplace design

The future of office design is that the physical workplace will resemble nothing so much as an upscale hotel, right? Right?Over the weekend The Times published an article headlined “The ‘super-prime’ offices designed to lure WFH staff back in”. It described how firms are reshaping offices in the image of upmarket hotels, with enticing features such as gyms, childcare, cinemas, climbing walls, lounges and restaurants (run by Gordon Ramsay natch). These are luxury spaces to make the office worth the commute, as the cliché goes. Although the author concedes that this is largely a London phenomenon in the UK, the implication is that offices everywhere must ape this office design approach to some degree to meet the demands of the post-covid workforce. This is compelling stuff and not the first time you will have heard the argument. But, is it true? (more…)

The world needs amazing leaders like never before. But where are they?

The world needs amazing leaders like never before. But where are they?

by • Business, Comment, Workplace

rapid changes in today’s environment can put even the best leaders under immense strain and cause ripple effects within the organisationDemand for integrity and strength in leadership has never been greater. A wave of quickly evolving AI technologies, combined with geopolitics and other pressures, is increasing this need at an unprecedented pace. The rapid changes in today’s environment can put even the best leaders under immense strain and cause ripple effects within the organisation. In fact, even those changes that are expected to bring efficiency and simplicity like GenAI, translate into confusion, anxiety, and complexity in many situations. According to McKinsey research, a staggering 56 percent of employees report that their leaders are either mildly or highly toxic. Even more concerning, 75 percent of employees identify their boss as the most stressful part of their workday. (more…)

«< 6 7 8 9 10 >»