Search Results for: economic

Six weeks paternity allowance for self-employed and other dads could boost economy by £3 billion

Six weeks paternity allowance for self-employed and other dads could boost economy by £3 billion

Introducing a new six-week paternity allowance to support self employed and ‘worker’ fathers would generate a series of benefitsIntroducing a new six-week paternity allowance to support self employed and ‘worker’ fathers would generate a series of benefits worth nearly £3 billion per year to the UK, research has found. The proposal, published in a new Institute for Policy Research (IPR) policy brief, argues that providing paid leave for self-employed and worker fathers – including contractors or those in gig-economy roles – at the Statutory Paternity Pay rate (£187.18 per week) would deliver significant economic and wellbeing benefits for families and for UK society as a whole. (more…)

Rapid growth in number of proposed data centres raises huge concerns for UK climate targets

Rapid growth in number of proposed data centres raises huge concerns for UK climate targets

A sharp increase in the number of data centres needed to meet the demands of AI is prompting concerns about energy demandA sharp increase in the number of data centres needed to meet the demands of AI is prompting concerns about energy demand and the potential impact on UK climate commitments, according to a report by The Times [paywall]. According to the newspaper, Ofgem, the energy regulator, has received connection enquiries for around 140 new data centre projects. Together, they are seeking approximately 50 gigawatts of electricity capacity, a figure that exceeds Britain’s entire recent peak electricity demand of about 45 gigawatts. The scale of the requests has raised questions about whether existing infrastructure planning and carbon reduction pathways are aligned with the speed of digital expansion. (more…)

Lack of innovation continues to hamper small business and startups

Lack of innovation continues to hamper small business and startups

Small business innovation in the UK has fallen for the fourth consecutive year despite record levels of entrepreneurial ambition,Small business innovation in the UK has fallen for the fourth consecutive year despite record levels of entrepreneurial ambition, according to the latest State of Small Business Britain report from the Enterprise Research Centre. The annual study draws together findings from a range of business surveys and shows that 36 percent of working age adults are now starting, running or planning to launch a business. This is the highest level recorded since the Global Entrepreneurship Monitor began tracking activity in 1999. Early stage entrepreneurial activity has doubled since the early 2000s and has stabilised at around 12 percent. (more…)

Wellbeing overtakes financial security as top workforce concern, study claims

Wellbeing overtakes financial security as top workforce concern, study claims

Wellbeing has overtaken financial security as the primary concern for UK employees, according to new research from MercerWellbeing has overtaken financial security as the primary concern for UK employees, according to new research from Mercer, reflecting a shift in workforce priorities after several years of economic and social disruption. The findings come from Mercer’s Inside Employees’ Minds: Building Confidence in a Changed World 2025 to 2026 report, based on responses from more than 4,000 UK workers. While financial pressures remain widespread, concerns around physical, mental and emotional health now dominate. The study found that 32 percent of employees report poor mental health, with higher prevalence among younger workers. (more…)

New white paper offers actions for managing trauma in the workplace

New white paper offers actions for managing trauma in the workplace

A new white paper offering practical guidance for employers on how to recognise, understand and respond to trauma in the workplace has been published by Nottingham Business SchoolA new white paper offering practical guidance for employers on how to recognise, understand and respond to trauma in the workplace has been published by Nottingham Business School (NBS), part of Nottingham Trent University. Recent national figures show that more than 8.5 million adults in England and Wales are survivors of childhood abuse, underlining the scale of trauma?related experiences within the UK workforce. Managing Trauma in the Workplace: Strategies for Wellbeing and Organisational Resilience brings together research, survivor perspectives, and evidence?based recommendations to help HR professionals and managers create psychologically safe working environments. (more…)

KI Achieves FISP (S) Certification, reinforcing its commitment to sustainable and circular practices

KI Achieves FISP (S) Certification, reinforcing its commitment to sustainable and circular practices

KI has reaffirmed its long-standing commitment to sustainability by achieving the enhanced FISP (S) certification, building on over a decade of continuous accreditation under the Furniture Industry Sustainability Programme (FISP).KI has reaffirmed its long-standing commitment to sustainability by achieving the enhanced FISP (S) certification, building on over a decade of continuous accreditation under the Furniture Industry Sustainability Programme (FISP). As the only independently certified sustainability standard created specifically for the furniture sector, FISP represents the industry’s most comprehensive benchmark for environmental, social and economic best practice. KI first became FISP-certified in 2013. Its progression to the advanced FISP (S) standard in late 2025 demonstrates the company’s ambition to lead the industry toward more circular, transparent and future?ready product development. (more…)

Artificial intelligence appears to cut more jobs than it creates

Artificial intelligence appears to cut more jobs than it creates

Artificial intelligence appears to be contributing to a net loss of jobs, according to a new analysis of how organisations are adopting the technology across their operations.Artificial intelligence appears to be contributing to a net loss of jobs, according to a new analysis of how organisations are adopting the technology across their operations. Research by Morgan Stanley, based on responses from nearly 1,000 companies that have been using AI for at least a year, suggests that British firms have shed more roles than they have created as a direct result of AI deployment. The study indicates a net reduction of around 8 percent of roles in the UK over the past twelve months, a higher figure than reported in comparable surveys of companies in the United States, Germany, Japan and Australia. (more…)

CEOs say they are struggling to profit from their company’s use of AI

CEOs say they are struggling to profit from their company’s use of AI

CEO confidence in their revenue prospects has fallen to its lowest level in five years, as business leaders struggle to turn investment in AI into consistent financial returns, according to PwCCEO confidence in their revenue prospects has fallen to its lowest level in five years, as business leaders struggle to turn investment in artificial intelligence (AI) into consistent financial returns, according to PwC. Findings from the consultancy’s 29th Global CEO Survey show that only 30 percent of CEOs are confident about revenue growth over the next 12 months. That compares with 38 percent in 2025 and 56 percent in 2022, suggesting a sharp cooling in optimism as organisations face a mix of economic uncertainty, geopolitical pressure and rapid technological change. The survey is based on responses from 4,454 CEOs across 95 countries and territories. (more…)

Forget all the talk of Blue Monday; work is still (largely) good for us

Forget all the talk of Blue Monday; work is still (largely) good for us

blue mondaySo here it is. Blue Monday. Today. Officially the most depressing day of the year. We say ‘officially’, but like the idea of ‘Body Odour’ its common usage hides the fact that it was originally created as part of a PR campaign, in this case one for Sky’s travel channel in 2005. The whole idea of Blue Monday is couched in a pseudo-mathematical equation which includes factors like the weather, levels of debt, time since Christmas, low levels of motivation and, apparently, an unspecified variable known simply as ‘D’. (more…)

New research highlights entrenched UK regional inequalities and policy hurdles

New research highlights entrenched UK regional inequalities and policy hurdles

New analysis from the Institute for Fiscal Studies (IFS) and partner universities suggests regional inequalities across the UK remain deep, persistent and shaped by a combination of economic, social and mobility factorsNew analysis from the Institute for Fiscal Studies (IFS) and partner universities suggests regional inequalities across the UK remain deep, persistent and shaped by a combination of economic, social and mobility factors, according to a symposium of research published this month. Researchers say disparities in earnings, productivity, educational opportunity and life outcomes continue to vary sharply between regions, with many places that were struggling two decades ago remaining comparatively disadvantaged today. (more…)

Furniture industry invited to explore how sustainability can drive commercial success

Furniture industry invited to explore how sustainability can drive commercial success

The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, is inviting furniture and furnishings professionals to attend ‘Making Commercial Sense of Sustainability’, a one-day industry eventThe Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, is inviting furniture and furnishings professionals to attend ‘Making Commercial Sense of Sustainability’, a one-day industry event focused on turning environmental responsibility into commercial opportunity. Taking place on Thursday 19 March (11:00am – 4:00pm) at Furniture Makers’ Hall, London, the event will bring together business leaders, sustainability experts, manufacturers, designers and specifiers to examine how sustainability can be embedded into business strategy in a way that supports growth, resilience and long-term profitability. (more…)

People want their jobs to provide them with security and steady pay

People want their jobs to provide them with security and steady pay

Workers are placing greater emphasis on job security, fair pay and employer support for adaptability, according to new global research from the Adecco GroupWorkers are placing greater emphasis on job security, fair pay and employer support for flexibility, according to new global research from the Adecco Group, which suggests the so called Great Resignation has given way to a more cautious approach to how ambitious people would like to seem. The Workforce Trends 2025 report [registration] is based on responses from 37,500 workers and 2,000 senior executives across 31 countries. It finds that while employees continue to value growth, flexibility and meaningful work, these priorities are increasingly secondary to stable income and employment certainty as economic and social uncertainty persists. (more…)