Search Results for: economy

Digital skills shortage costs the UK economy £12.8 billion

Digital skills shortage costs the UK economy £12.8 billion

by • News, Workplace

digital skillsWith more than 5 million Brits unable to carry out simple online tasks like sending emails or using the internet, new research reveals UK workers are missing out on additional earnings of £5.69 billion due to a lack of digital skills according to Virgin Media O2 and economic modelling from Cebr. As the UK faces ongoing economic instability and with an uncertain jobs market, the research claims that a lack of adequate digital skills could exacerbate problems being faced by cash-strapped Brits struggling to make ends meet. More than a third of Brits (34 percent) feel a lack of digital skills training has held back their earning potential already, and almost a third say they need digital skills so they can shop around for deals and save money – amid rising anxiety over the cost of living.   More →

Physical activity could boost UK economy by up to £17 billion

Physical activity could boost UK economy by up to £17 billion

by • News, Wellbeing

physical activityThe fitness and leisure sector holds the key to encouraging physical activity which could save the UK economy up to £17bn a year, according to a new report from ukactive. The report’s authors have called on the Government and its partners to work with the fitness and leisure sector to get the nation’s workforce physically active, as new research from Deloitte shows it could benefit the UK economy by up to £17bn a year.  The landmark report was commissioned by IHRSA (International Health, Racquet and Sportsclub Association) on behalf of the Global Health and Fitness Alliance. More →

Circular economy accelerator launched to address role of built environment in climate change

Circular economy accelerator launched to address role of built environment in climate change

by • Architecture, Environment, Facilities management, News, Property

circular economyThe World Green Building Council (WorldGBC) and its network of over 70 Green Building Councils have launched a Circularity Accelerator — a global programme that sets out to accelerate the adoption of circular economy and resource efficiency principles in the building and construction sector. Last week, the United Nations (UN) reported we have a 50 percent chance of exceeding 1.5°C of global heating in the next five years. Between the UN Climate Summit of COP21 in Paris and COP26 in Glasgow, the global economy consumed 70 percent more raw materials than the Earth can safely replenish. More →

Flexible working currently contributes £37bn to the UK economy

Flexible working currently contributes £37bn to the UK economy

by • Flexible working, News, Working lives

economyNew research, ‘Flexonomics: The economic and fiscal logic of flexible working’, highlights the economic benefits of flexible working to the UK economy. Flexonomics builds on our long-standing support of the Flex Appeal campaign by Anna Whitehouse, aka Mother Pukka, and follows the publication of our “Forever Flex: Making flexible working work beyond a crisis” report, published last year. More →

PLAY offers new perspective on circular economy and progressive design

PLAY offers new perspective on circular economy and progressive design

by • Company news, Workplace design

Since 2018, Tarkett and Stockholm-based Note Design Studio have developed their collaboration, with the longstanding commitment that there should be no compromise when it comes to design and sustainability. This progressive journey now introduces the latest edition of the PLAY magazine. More →

Gig economy could lead to a labour shortage…but better off workers

Gig economy could lead to a labour shortage…but better off workers

by • Comment, Flexible working, Workplace

gig economy workerThe long-term impact of COVID-19 on the economy (and the gig economy) will not be clear for some time. But in the UK, the easing of pandemic related restrictions has coincided with significant labour shortages and the driving up of wages. Statistics show that wages have risen 7.4 percent in the past year, and the number of job vacancies has continued to rise (up to 953,000 in July 2021). Those vacancies have appeared amid continued travel restrictions from abroad, and the prolonged furlough scheme, which is keeping over 1 million people tied to employers that don’t have work available for them. More →

Tarkett and Note Design Studio interpret circular economy in Tarkett’s new showroom in Stockholm

Tarkett and Note Design Studio interpret circular economy in Tarkett’s new showroom in Stockholm

by • Company news, Flooring, Workplace design

Recently launched is Tarkett Ateljé, the new Stockholm-based showroom designed in collaboration with Note Design Studio. The space is created as a forum for sustainability and design talks, in a setting that showcases circular economy being put into practice. More →

Ending the commercial rents stalemate can help economy rebound, claims CBI

Ending the commercial rents stalemate can help economy rebound, claims CBI

by • News, Property

Occupiers and landlords of commercial property should partner on a path towards full economic reopening by taking decisive action to address commercial rent challenges, says the CBI. The CBI believes commercial property tenants should resume paying rents as normal when emergency coronavirus legislation protecting businesses from evictions and statutory demands ends on June 30, except in cases of extreme financial difficulty caused by this year’s lockdown measures. More →

Wellbeing strategies could add £61bn to English economy

Wellbeing strategies could add £61bn to English economy

by • News, Wellbeing, Working culture

wellbeing strategiesCorporate wellbeing could add £61bn to the English economy by 2025 through added productivity, if UK companies can create new wellbeing strategies and improve underperforming ones, according to a new study by Westfield Health. More →

Toxic workplace culture costing UK economy £20.2 billion per year

Toxic workplace culture costing UK economy £20.2 billion per year

by • News, Wellbeing, Working culture

cultureThe cost of poor company culture is a staggering £20.2 billion per year, according to research from HR software provider Breathe. The report ‘The Culture Economy 2021’, claims that almost a third (27 percent) of SME employees quit their job due to poor workplace culture, an increase of 6 percent from last year (21 percent). More →

Serfs up for the self-employed and gig economy workers (and the middle class)

Serfs up for the self-employed and gig economy workers (and the middle class)

by • Features, Flexible working, Working culture

One of the most significant consequences of the 2008 economic crash was a remarkable shift in the nature of employment. The recession led to a surge in the number of people categorised as self-employed. The numbers have been increasing ever since, albeit at a lower rate. By the end of 2019, the number of self-employed people in the UK exceeded five million people for the first time. Fifteen percent of the workforce.  More →

Gig economy workers to make up fifth of employees in financial services firms, claims report

Gig economy workers to make up fifth of employees in financial services firms, claims report

by • Flexible working, News

gig economyMore than half of financial institutions say they expect to have more ‘gig economy’ based employees over the next three to five years, according to PwC’s report, Productivity 2021 and beyond: Upskilling the workforce of the future to create a competitive advantage in financial services. The second iteration of PwC’s productivity research, that surveyed over 500 financial services businesses globally, and received over 60 percent of responses from C-suite leaders, looked at some key workstreams implemented by financial services businesses and evaluated its impact on productivity. More →

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