Search Results for: economy

Long term investment in infrastructure needed to boost UK economy

ConstructionThe UK government should reverse the long term slump in infrastructure investment to boost the economy, according to a new report from the Centre for Economic and Business Research and the Civil Engineering Contractors Association. The report, Securing Our Economy: The Case For Infrastructure, calls for the government to address the decade long £13bn infrastructure construction shortfall and lays out a series of recommendations to reverse the situation. The report claims the UK endures a £78bn GDP ‘black hole’ each year due to the lack of investment and that by investing at the level of other developed economies, the economy could enjoy an additional £100 billion each year by 2026.

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Private sector recruitment to increase, despite fragile economy

Private sector employment

Employers from the private sector intend to hire new staff in the coming months, despite UK businesses not anticipating economic growth in the next two quarters. According to the latest Business Trends report by accountants and business advisers BDO LLP UK businesses’ hiring intentions over the next two quarters, reached 96.0 in March, the highest since August 2011. Peter Hemington, Partner, BDO LLP, commented: “It is encouraging to see improvement in UK businesses’ hiring intentions, particularly in light of the imminent public sector payroll cuts which will add pressure to the unemployment rate.” (more…)

Consolidation of state properties boosts London economy by £3.5bn

Whitehall,_LondonAccording to a new report from property consultancy Knight Frank into the impact of the Government’s policy of consolidating and improving the management of the public sector estate in London, the economy has been boosted by as much as £3.5 billion. The study has reviewed the results of the work carried out by the Cabinet Office’s Efficiency and Reform Group at 16 properties in central London including the Department for Business, Innovation and Skills, the Department for International Development, the Land Registry and the Crown Prosecution Service. Many of these sites were seen as dated and have now been redeveloped for use by other organisations. (more…)

Cabinet for Core Cities looks to reshape the English economy

A newly formed Cabinet of Core Cities met for the first time in Liverpool on Friday, seeking to reshape England and call on the Government to work with it to maximise the economic potential of the regions by creating a more balanced economic structure for the country and develop policies that would create jobs and investment. The cities represent the urban centres of Manchester, Nottingham, Newcastle, Birmingham, Leeds, Liverpool, Bristol and Sheffield.

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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…)

Surface Design Show announces the finalists in its awards programme

Surface Design Show announces the finalists in its awards programme

The Surface Design Awards have announced the shortlist for the 2026 edition. The winners will be announced during the Surface Design Show in early FebruaryThe Surface Design Awards have announced the shortlist for the 2026 edition. The winners will be announced during the Surface Design Show in early February. The awards are intended to champion material excellence and design innovation from the UK and around the globe. The announcement follows a judging day with some of the design industry’s most respected experts deliberating and debating the entries. The organisers of the Surface Design Awards 2026 promise to “uncover and celebrate the very best in design excellence, offering a global platform for ground-breaking projects and product design”. (more…)

Embedding AI into daily tasks can heighten stress and confuse people about their role

Embedding AI into daily tasks can heighten stress and confuse people about their role

While AI is taking on work across the economy, it may also create new demands on the human workforce that employers must stay ahead of and respond to.While artificial intelligence is taking on work across the economy, it may also create new demands on the human workforce that employers must stay ahead of and respond to. Researchers from Microsoft and Imperial College London highlight in the Society of Occupational Medicine’s (SOM) journal Occupational Medicine  that AI tools will bring a multitude of benefits to the workplace. The technology is likely to make accessing workplace health support much easier for employees and managers, for example by automating and simplifying booking processes and appointments. (more…)

Beyond compliance: how the EU Accessibility Act will redefine workplace inclusion

Beyond compliance: how the EU Accessibility Act will redefine workplace inclusion

he European Accessibility Act (EAA) came into effect on 28 June 2025. Since that date, any new product or service entering the EU market must meet common accessibility requirements. It’s a significant step toward ensuring that Europe’s 87 million people living with disabilities can use everyday products and services fully and confidently and will have a profound effect on workplace inclusion.The European Accessibility Act (EAA) came into effect on 28 June 2025. Since that date, any new product or service entering the EU market must meet common accessibility requirements. It’s a significant step toward ensuring that Europe’s 87 million people living with disabilities can use everyday products and services fully and confidently and will have a profound effect on workplace inclusion. The Act is designed to support both individuals and businesses. Until now, accessibility laws have varied widely across member states, creating unnecessary complexity for organisations and uneven experiences for people with disabilities. (more…)

Time to admit we were wrong about Canary Wharf and other business districts

Time to admit we were wrong about Canary Wharf and other business districts

There was a time during and after the pandemic when it looked like time was up for the world’s major business districts. For a start Canary Wharf looked like it would need to completely reinvent itself as firms started to relocate to smaller more central premises. Instead of housing tenants such as HSBC it would focus on becoming a mixed-use space with more homes and leisure facilities. Hell, we even published a feature setting that all out ourselves. But it’s funny how things turn out. The latest news is JP Morgan’s announcement of a vast new headquarters building in the area. The bank, already one of the largest employers in the UK financial sector, has confirmed plans for a three million sq ft tower on the waterfront that will accommodate 12,000 staff and represent an investment estimated at £3 billion. (more…)

Tony Attard named as new chair for British Furniture Confederation

Tony Attard named as new chair for British Furniture Confederation

After ten years in the hot seat, Jonathan Hindle is stepping down as chairman of the British Furniture Confederation (BFC). The new chairman is Tony Attard, OBE, DL, founder and chairman of the Panaz Group. The BFC was set up in 2006 by the Worshipful Company of Furniture Makers Company (WCFM) to be the voice of the industry to government. Since its formation, its chairs have traditionally been Past Masters of the WCFM– Tony was Master in 2022-3 and President of the Furnishing Industry Benevolent Association (FTBA) prior to its merger with the FMC in 2012. (more…)

Employers increasingly see AI as a way of reducing headcount

Employers increasingly see AI as a way of reducing headcount

UK firms are bullish about the use of GenAI but their employees are not so certain, according to a new pollOne in six (17 percent) employers expect AI to shrink their workforce over the next year, with junior roles most at risk, according to the CIPD’s latest Labour Market Outlook which surveyed over 2,000 employers on their hiring, redundancy and pay plans.  Of those, almost two thirds (62 percent) believe that clerical, junior managerial, professional or administrative roles are most likely to be lost because of AI. The risk is highest in large private sector firms, where one in four (26 percent) expect headcount to fall, compared with 17 percent in the private sector overall and 20 percent in the public sector. (more…)

Government report warns of growing health-related economic inactivity

Government report warns of growing health-related economic inactivity

The Government has published its final Keep Britain Working report, warning that the United Kingdom faces a continuing rise in economic inactivity linked to ill health, disability and long-term sicknessThe Government has published its final Keep Britain Working report, warning that the United Kingdom faces a continuing rise in economic inactivity linked to ill health, disability and long-term sickness. The report, issued by the Department for Work and Pensions and the Department for Business and Trade, sets out evidence that more people are leaving the workforce because of health conditions, reducing productivity and increasing costs for employers and the state. (more…)