Search Results for: economy

Sleeping habits improve under lockdown, but conspiracy theories abound

Sleeping habits improve under lockdown, but conspiracy theories abound

One of the surprising consequences of the current lockdown for many people is that they are sleeping more soundly. A new study claims that nearly two thirds of people are getting the same amount or more sleep than they were before the UK went into lockdown on March 23rd. However the report also uncovered some troubling attitudes amongst groups of people, even though the majority are informed and behaving as advised. More →

When it comes to the future of work, we only know what we don’t know

When it comes to the future of work, we only know what we don’t know

As the threat and reality of COVID-19 simultaneously sweep the earth, the only certainty is the uncertainty, which is the least favourable place for businesses and individuals. The complexities of this situation cannot be underplayed, with multiple layers to consider, from human health both physical and mental to world economies. Whilst COVID-19 may be a great equaliser in terms of its indiscriminate contagion, the response from governments has varied widely. More →

Loneliness has always been a workplace issue

Loneliness has always been a workplace issue

Loneliness is increasingly recognised as a serious issue in modern society. In the UK, the Office of National Statistics reported that 5 percent of adults feel lonely ‘often’ or ‘always’, with further 16 percent of adults reporting feeling lonely ‘sometimes’, equivalent to approximately 9 million adults suffering from loneliness to some degree. More →

Fall in employment and property values is inevitable

Fall in employment and property values is inevitable

commercial propertyIt is already inevitable that the economic fallout from the COVID-19 pandemic will include a “big hit to commercial property values” and a rise in unemployment in the UK, according to reports from researchers Capital Economics (paywall). The economic research consultancy has downgraded its forecasts for the UK economy and, as a result, is projecting a near 10 percent decline in property values and a rapid but short-lived increase in unemployment. More →

Freelancer groups call for emergency fund during Coronavirus crisis

Freelancer groups call for emergency fund during Coronavirus crisis

Coronavirus crisisIPSE (the Association of Independent Professionals and the Self-Employed), the Creative Industries Federation and other organisations representing freelancers have written an open letter calling on Prime Minister Boris Johnson for a Temporary Income Protection Fund to support the self-employed during the Coronavirus crisis. More →

Will coronavirus mean the death of the office?

Will coronavirus mean the death of the office?

Betteridge’s law of headlines declares that “Any headline that ends in a question mark can be answered by the word no”. And so I simultaneously ask and answer the question of whether the coronavirus pandemic will really lead to the death of the office. So it goes. Of course, I’m not the first person to raise the question over the last few weeks as the world adapts to the threat of the pandemic. But it’s worth reminding ourselves that the demise of the office has been predicted for at least a quarter of a century, although never in such circumstances. More →

The UK`s tech sector continues to thrive

The UK`s tech sector continues to thrive

Britain’s digital sector is growing at six times the pace of the country’s other industries, according to new research from Tech Nation. According to the annual study, technology businesses contributed around £149 billion to the UK economy in 2018, nearly 8 percent of GDP. Since 2017 staff numbers at digital companies have risen by 40 percent to 2.9 million, nearly tenth of the total UK workforce. More →

Pandemic highlights precarious reality of workplace legislation

Pandemic highlights precarious reality of workplace legislation

precarious workplace Less than a week on from the Budget, and already the government’s emergency measures to respond to covid-19 feel like they belong to another crisis. While attention this weekend has rightly focused on how our health services and older people can be supported, we also need urgently to revisit the impact on the workplace and especially how we’ll support the many millions of workers who will find themselves off work – sick or in self-isolation – over the coming months. More →

Higher female state pension age causes an increase in older women at work

female state pension ageThe number of women aged between 60 and 64 in work has increased by 51 percent since the 1995 Pensions Act came into effect which increased the female state pension age from 60 to 65 since 2010, claims research from Rest Less, a jobs, volunteering and guidance site for the over 50s.

Between October and December 2009, there were 644,674 women aged between 60 and 64 in work. In the same period in 2019, there were 976,376 women aged between 60 and 64 in work – an increase of 331,702 or 51 per cent. This contrasts with an increase of only 127,882 (or 13 percent) in the number of men working aged between 60 and 64 over the same period. More →

Flexible offices are not just an issue for the next generation

Flexible offices are not just an issue for the next generation

flexible officesFor as long as I have been in the industry, workspace has focused on the “next” generation whether that has been the overly-discussed millennials or Gen-Z.  As it has grown, the market for flexible offices has inevitably followed the same path, but in doing so its providers could have taken their eyes off the ball by lacking focus on the most cash-rich and flexible generation of all – Generation X. More →

Tech firms drive explosion in Oxford office costs

Tech firms drive explosion in Oxford office costs

Office rent in Oxfordshire has shot up an eye-watering 24.3 percent in a year, with Bidwells’ latest research suggesting the need to fast-track new office and laboratory space to fulfil the explosion in demand from growing technology companies. Bidwells recorded more than 1.1 million sq ft of office and laboratory space being sought in Oxfordshire – another all-time high – with just 569,500 sq ft of space available, less than was on offer at the end of 2018. More →

Majority of Brits struggle to make ends meet

Majority of Brits struggle to make ends meet

According to the latest survey from CV-Library, the majority of Brits admit that they struggle to make ends meet, but over half are still too scared to ask their employer for a pay rise. The study, which surveyed 2,000 British professionals, claims that 18-24 year-olds are the most likely to struggle financially; with 67.7 percent of respondents in this age group finding it hard to make ends meet. This is closely followed by 66.7 percent of 35-44 year-olds and 60.9 percent of 25-35 year-olds.

What’s more, the survey also suggests that 61.3 percent of Brits feel confident about securing a higher paid role elsewhere. Men were most confident about this (64.4 percent of men vs 57 percent of women), as were 25-34 year olds (65.5 percent) and 18-24 year olds (63.8 percent).

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