Search Results for: economy

The tipping point for flexible working arrives

The tipping point for flexible working arrives

Although people have been talking about flexible working in one way or another for decades – the economist John Maynard Keynes declared in 1930 that technological advances would lead to a 15-hour working week – we may now be at the tipping point where work takes on an entirely different character. More →

Self-employment might be good for mental health

Self-employment might be good for mental health

self-employmentThe general picture of self-employment, the gig economy work and mental wellbeing is not a pretty one. Around the world, Uber drivers face wage and security worries. Deliveroo workers have too much competition. Airbnb owners face legal problems in Paris and other cities. But while these headlines suggest a dark cloud over the heads of gig economy workers, recent data I’ve looked at unexpectedly shows that they are about 33 percent more likely to self-report positive mental health traits.
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New government has unprecedented chance to transform buildings

New government has unprecedented chance to transform buildings

Deloiite London offices is an example of a new generation of buildings with a focus on the environment

The new UK government led by Boris Johnson has an unprecedented opportunity to dramatically shift policy on the built environment and deliver higher standards of safety, sustainability and social justice, according to the Building Engineering Services Association (BESA). It urged the new administration to back up rhetoric around climate change with robust legislation; to enshrine the recommendations of the Hackitt Review to improve fire safety in buildings; and tackle the scourge of late payment that is undermining thousands of SME and driving many into insolvency. More →

UK could receive £250 billion boost if labour market matched that of Sweden

UK could receive £250 billion boost if labour market matched that of Sweden

The need for a diverse and supportive labour marketNew analysis by economists at PwC claims that, if the UK could match Sweden in terms of its employment rates for women aged 25-54, older workers and the proportion of its young people not in employment, education or training, the potential boost to UK GDP could be as much as 12 percent, or around £250 billion at 2018 values. Although the UK labour market has been strong in recent years – the employment rate is at a record high of over 75 percent and unemployment is at its lowest level since the mid 1970s – new research from PwC indicates that performance is middling compared to other OECD economies. A new composite Labour Market Performance index, combining results from PwC’s Youth Employment, Golden Age and Women in Work indices, finds the UK is 19th overall amongst OECD countries. Iceland and Sweden top the combined index rankings based on the latest available annual data for 2018. More →

The Age of Blorp, a dead tulip, no muggles allowed and some other stuff

First the good news. Mayor of London Sadiq Khan has rejected the proposals for Foster+Partners’ godawful 300 metre tall ‘Tulip’ viewing tower in London. The reasons given for the refusal from the Mayor’s office include the fact that the thing didn’t represent the sort of “world class architecture that would be required to justify its prominence”. A nicely dressed up way of saying it’s a terrible idea, a terrible piece of architecture and has absolutely no place in London. More →

Govt scheme to retrain people in the age of automation

Govt scheme to retrain people in the age of automation

automationThe UK Government in partnership with the CBI and TUC has launched a new scheme to help workers whose jobs change or become obsolete because of advances in technology. Workers will be offered help in retraining or finding a new career amid suggestions that up to a third of jobs could be at risk of changing because of automation in the coming 10 to 20 years. The National Training Scheme will be trialled in Liverpool before being rolled out across England. The CBI and TUC are both backing the initiative as a way of boosting productivity, pay and workers’ skills. More →

Rise in employment led by self-employed and older workers

Rise in employment led by self-employed and older workers

employment figuresAs with the last few months, the latest UK employment figures look like a sea of tranquillity. The number of people in work is up ever so slightly (setting another record), unemployment down slightly again (ditto) and earnings continuing to grow. After a couple of months where there were hints that the labour market might be cooling down, today’s figures suggest that it is heating up once more. However beneath the surface, the numbers highlight some big changes in employment trends – with two things in particular standing out. More →

New BCO specification guide addresses “exponential times”

New BCO specification guide addresses “exponential times”

The British Council for Offices (BCO) has published its new Guide to Specification, which provides guidance on industry standards for workplaces across the UK. The Specification Guide, last published in 2014, sets out to help office developers address the key issues for the UK workforce in the coming decades, namely wellbeing, technology and sustainability. The authors claim that the new edition addresses the “exponential times” in which we now live, with sections focusing on wellbeing, the Fourth Industrial Revolution and sustainability. More →

The workplace of tomorrow redefined by learning and AI

The workplace of tomorrow redefined by learning and AI

Unily has released a report analysing the trends and issues shaping the workplace of tomorrow. The report, ‘Future of the Workplace 2030+’, has been co-created with the futurist Anne Lise Kjaer, a regular on the TED Talks circuit best known for the book The Trend Management Toolkit. Looking at the transformation of our working lives over the next 10 years and beyond, the report explores both the challenges and the opportunities as companies prepare for a new wave of technological advances and a new generation of workers. It sets out specific challenges including how to incorporate Generation Z in the workplace, integrate new technology and face greater scrutiny of organisational values. It also suggests that new jobs will emerge such as ‘Vice President of No’, ‘Professional Rebel’ and ‘Ideas Broker’. More →

A life after carbon for the built environment

A life after carbon for the built environment

A new urban model is emerging worldwide – transforming the way cities design and use physical space, generate economic wealth, consume and dispose of resources, exploit and sustain the natural ecosystems they need, and prepare for the future. This emerging new urban paradigm has profound implications for players who care about and depend on the design of a city’s built infrastructure – including architects, engineers, builders, real estate developers, and office building tenants. More →

Large firms not investing enough in productivity

Large firms not investing enough in productivity

Offices of Concentra who have just published a report into productivityA new report claims that 86 percent of Britain’s largest businesses are worried about raising their productivity with two-fifths (39 percent) calling their productivity ‘very concerning’, but that they are investing just 0.25 percent of turnover in measures to improve it, less than they invest in telecoms. The report by the Centre for Economics and Business Research (CEBR) and Concentra Analytics also suggests there is a “spray and pray approach” to driving productivity caused by a lack of insight into the performance of people. More →

Fifth of people do not last a year in self-employment

Fifth of people do not last a year in self-employment

Maria Spelterini crosses Niagara on a tightrope to illustrate the precariousness of self-employmentOne-fifth of sole traders in self-employment don’t survive one year, and the majority don’t survive five, according to a new study from the Institute for Fiscal Studies (IFS).  The analysis of HMRC tax records by researchers at the IFS was funded by the Office for National Statistics through the Economic Statistics Centre of Excellence (ESCoE) and the Economic and Social Research Council. More →