March 7, 2013
UK workers’ real wages have fallen furthest
British workers have seen the biggest fall in wage value among the world’s wealthiest countries, according to a TUC report on the global economic race published today. Between 2007 and 2011 – real wages fell by 4.5 per cent in the UK, falling at nearly twice the rate of Spain – the next worst-performing economy that year. However, as we reported last month lower wages appear to be contributing to higher employment rates in the UK compared to countries where pay rates are higher, such as Spain and Italy.
Construction business activity fell by the third month running in January, with new orders at slowest pace since October 2012 according to the latest Markit/CIPS UK Construction Purchasing Managers’ Index (PMI). There were some reports that snowfall had contributed to reduced output volumes, but the majority of respondents cited weak underlying client demand and a lack of new projects. However commercial activity was the only sub-sector to buck the wider downward trend in output during January with the latest data indicating unchanged volumes of commercial activity, ending five months of contraction. 
March 11, 2013
Flexible working: Falling out of fashion
by Pam Loch • Comment, Legal news, Workplace
Just as ACAS concludes its consultation on flexible working, the practice has been declared démodé by none other than Alexandra Shulman, the editor of British Vogue. Writing in response to the recent news that Yahoo’s Marissa Mayer ordered the company’s 11,500 staff back to the office, the Vogue editor has argued that working from home is not an adequate alternative to showing your face in the workplace. Ms Mayer goes on to note that in a creative environment, important opportunities are missed when absent colleagues are tottering, undressed around their kitchens. The best stories, she says, arise from chance remarks, gossip and jokes between colleagues working alongside each other. More →