Search Results for: economy

Sell out Material Choices event provides a forum for eco learning

Sell out Material Choices event provides a forum for eco learning

A recent seminar focussed on examining some of the established and widely used materials in the furniture and furnishing sector and considerations for greater sustainability.The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, hosted the next in a series of sustainability events, ‘Material Choices for more Sustainable Products’, on the 4th of March 2025 at Furniture Makers Hall. The seminar focussed on examining some of the established and widely used materials in the furniture and furnishing sector and considerations for greater sustainability. More →

Employment law five years after COVID: what’s changed?

Employment law five years after COVID: what’s changed?

As we approach five years since the COVID-19 pandemic hit, it’s a good opportunity to look back on the impact it had on the UK workplace and employment lawAs we approach five years since the COVID-19 pandemic hit, it’s a good opportunity to look back on the impact it had on the UK workplace and employment law. The pandemic was a seismic event for the workplace, but did it fundamentally change employment law in the UK? While COVID brought emergency measures such as furlough, the legal framework underpinning employment has remained largely intact. What has shifted, however, is the prominence of certain legal rights and protections for the employee —especially around health and safety, flexible working. More →

An AI divide risks growth for many organisations, new Microsoft research claims 

An AI divide risks growth for many organisations, new Microsoft research claims 

An opportunity to boost the UK’s economy and improve public services could be at risk if too many organisations don't act on AIAn opportunity to boost the UK’s economy and improve its public services in ‘the coming age of agentic AI’ could be at risk if too many organisations remain ‘stuck in neutral’ on artificial intelligence, ?according to?new research?commissioned by Microsoft. The study, led by Dr Chris Brauer at Goldsmiths, University of London, claims that the highest performing businesses and most productive public sector organisations have a clear strategy in place and are preparing for the next wave of the technology – which the report refers to as agentic AI.?1 More →

UK Government set to ditch ‘right to switch off’ and make concessions on other employment rights

UK Government set to ditch ‘right to switch off’ and make concessions on other employment rights

The government is set to abandon plans to introduce a legal right for employees to “switch off” outside working hoursThe government is set to abandon plans to introduce a legal right for employees to “switch off” outside working hours, in a move aimed at easing the burden of Labour’s employment reforms on businesses. The policy was a key element of Sir Keir Starmer’s pledge to establish a “new deal for working people.” Although it was not included in the Employment Rights Bill currently passing through Parliament, ministers had previously committed to implementing a right to switch off in the future. More →

We may think we are pretty aware of the effects of AI. But posterity may draw different conclusions

We may think we are pretty aware of the effects of AI. But posterity may draw different conclusions

Artificial Intelligence (AI) is reshaping the world around us at breakneck speed, unlocking opportunities we could not have even imagined a few years ago. But with its potential comes an immense set of challenges. How we handle this transformation will define the future of our workplaces, economies, and societies. Recent events, including Trump’s revocation of Biden’s executive order addressing AI risks, Labour’s ambitious plans to integrate AI across the UK, and Facebook’s unsettling U-turn on content moderation, highlight the urgent need for businesses to take an ethical, informed, and responsible approach to AI adoption. More →

Sustainable Design Awards call for entries

Sustainable Design Awards call for entries

The Sustainable Design Collective (SDC), a think tank group of leading design professionals working in the office workplace sector – is inviting entries for its annual awards.The Sustainable Design Collective (SDC), a think tank group of leading design professionals working in the office workplace sector – is inviting entries for its annual awards. The announcement follows confirmation that the third SD Forum will be held on 24th April 2025 at the Crypt on the Green in Clerkenwell, London. Free to enter, each entry will be assessed completely independently by a panel of eight industry experts against specified criteria. New to the team, this year’s panel includes award-winning product designer, Luke Pearson and Sophie Thomas, founding partner at Thomas.Matthews. Assessments include: whole life carbon performance including contribution to the circular economy; contribution to the health and wellbeing of the occupants; and social value. More →

Hybrid working businesses say they are more optimistic about their future profitability

Hybrid working businesses say they are more optimistic about their future profitability

A new poll from flexible office provider International Workplace Group (IWG) claims that businesses operating with a hybrid working model are significantly more optimistic about growthA new poll from flexible office provider International Workplace Group (IWG) claims that businesses operating with a hybrid working model are significantly more optimistic about growth in the year ahead than those which do not offer employees flexibility about where they work. This follows a spate of so-called return-to-office-mandates from major corporates including Amazon and WPP. A study of more than 500 CEOs and senior business leaders by  found that 69 percent of businesses offering hybrid working had a positive outlook for 2025 compared to 44 percent of non-hybrid companies. More →

We need to address the UK’s creative skills shortage 

We need to address the UK’s creative skills shortage 

With the right investments in skills, tools, and training, the UK can continue to lead the world in creativity and cultural influenceThe UK’s creative industries, from film and television to the dynamic video game sector, are cultural flagships and economic cornerstones. Valued at £125 billion annually, the creative industries are named one of the UK government’s eight growth-driving sectors in its Industrial Strategy. Yet, a significant obstacle looms over their continued success: a persistent and growing skills shortage. This gap threatens to stifle innovation and global competitiveness, particularly in the booming video game industry. More →

People say they are more distracted by online meetings than those carried out in person

People say they are more distracted by online meetings than those carried out in person

A new poll conducted by the London conference and events venue, The QEII Centre, claims that the economic value of distraction during meetings has risen to an estimated £20.7 billion per year, partly as a result of the shift to online meetingsA new poll conducted by the London conference and events venue, The QEII Centre, claims that the economic value of distraction during meetings has risen to an estimated £20.7 billion per year, partly as a result of the shift to online meetings. Based on a survey of over 1,000 UK desk-based workers, the research set out in the new report builds on findings from The QEII Centre’s inaugural 2023 Distracted Economy report. It claims that the cost of distraction in online and face-to-face meetings and events has increased from £19.9 billion in 2023 to £20.7 billion. In The QEII Centre’s latest Distracted Economy report, 80 percent of desk-based workers admit to losing concentration during meetings. Just over half (55 percent) say they are more likely to be distracted in online meetings compared to 16 percent for in-person meetings and 27 percent who find both equally distracting. More →

Businesses are cautiously optimistic despite economic and technological uncertainty

Businesses are cautiously optimistic despite economic and technological uncertainty

Nearly three-in-five businesses optimistic about global economic outlook as they plan headcount increases and continued AI rolloutAlmost 60 percent of CEOs around the world expect global economic growth to increase over the next 12 months, according to PwC’s 28th Annual Global CEO Survey, launched during today’s World Economic Forum Annual Meeting. The report, which surveyed 4,701 CEOs across 109 countries and territories, also finds that 42 percent of businesses expect to increase headcount by 5 percent or more in the next 12 months – more than double the proportion who expect headcount decreases (17 percent), and up from 39 percent last year. The percentage is highest (48 percent) among smaller companies (less than US$100 million) and those in the technology (61 percent), real estate (61 percent), private equity (52 percent) and pharma and life sciences (51 percent) sectors. More →

BSI launches research into how young people are affected by hybrid working

BSI launches research into how young people are affected by hybrid working

Young people who began their careers around the start of the Covid-19 pandemic or soon after are being invited to share their experiences of the workplace, as part of an inquiry into the effects of hybrid workingYoung people who began their careers around the start of the Covid-19 pandemic or soon after are being invited to share their experiences of the workplace, as part of an inquiry into the effects of hybrid working. To mark five years since the first lockdowns began globally, business standards and improvement company BSI is investigating the impact of the restrictions on younger workers, and how transformed ways of working have shaped subsequent career journeys. As part of this BSI has opened a public call for evidence, inviting submissions from individuals or groups with relevant experience on the topic. More →

Working life in 2024 is defined by stress, poor management and loneliness

Working life in 2024 is defined by stress, poor management and loneliness

Despite living in an era of progress, people feel that stress, disengagement, and declining mental health are prominent in daily working lifeThe 2024 State of the Global Workplace report by Gallup sets out to provide a comprehensive analysis of employee experiences worldwide, revealing a large number of people who feel they are under increasing strain. Despite living in an era of remarkable technological and economic advancements, workers face significant challenges, with stress, disengagement, and declining mental health prominent in people’s daily working life. The report suggests that 41 percent of employees experience high levels of daily stress, with poor management practices being a major contributing factor. One in five workers report daily loneliness, an issue particularly pronounced among remote employees. More →