Search Results for: financial

Lab rats – how the UK life sciences sector is struggling to find space to work

Lab rats – how the UK life sciences sector is struggling to find space to work

by • Features, Premium Content, Property

The UK wants to build on its already successful position as a globally important player in the life sciences and pharma sectors. Yet it is struggling to create enough space for growth in the right places and having to rethink wher research and innovation takes place In November 2023, plans to turn part of a golf course next to a motorway into a £340 million science park were refused by South Oxfordshire District Council. Although now classified as greenbelt, the location was the site of a landfill as recently as the 1990s and is just a stone’s throw from both the A40 trunk road and M40 motorway. The developers are expected to appeal. Whatever the details of this story, it is an example of how challenging it can be to meet demand for lab and life sciences space in the so-called Golden Triangle of London, Oxford and Cambridge in the South of England. This lack of supply is acting as a brake on the UK Government’s dream of making the country a “science superpower”. (more…)

Third of UK adults experience a high level of stress each year

Third of UK adults experience a high level of stress each year

by • News, Wellbeing

Over a third of adults experienced high or extreme levels of pressure and stress always or often in the past year (35 percent),Over a third of adults experienced high or extreme levels of pressure and stress always or often in the past year (35 percent), according to the new annual report from Mental Health UK. The report warns that the UK is at risk of becoming a ‘burnt-out nation’. Against a backdrop of rising levels of people out of work due to long-term sickness, the polling of over 2,000 UK adults by YouGov for the Mental Health UK reveals that one in five workers (20 percent) needed to take time off due to poor mental health caused by pressure or stress in the past year. (more…)

Regional divides, falling incomes, booming jobs markets; and lower productivity. The current state of the UK

Regional divides, falling incomes, booming jobs markets; and lower productivity. The current state of the UK

by • Business, Cities, News

No part of the UK has escaped the impact of a flatlining economy and falling productivity since 2010, according to new analysisNo part of the UK has escaped the impact of the flatlining of the UK economy since 2010, according to new analysis published by the Centre for Cities in its Cities Outlook 2024 report. At the national level, people have been left with £10,200 less to spend or save on average since 2010 than if the economy had grown at pre-2010 trends. The report also suggests that a marked rise in employment has happened in parallel with overall falling productivity. (more…)

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

by • AI, Business, News, Technology

A quarter of CEOs intend to cut their headcounts by at least five percent "due to generative AIThe proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled. At the same time, the proportion of CEOs concerned about their long-term business viability has risen to 45 percent as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey. However the survey, published to coincide with the annual World Economic Forum jamboree in Davos, also reports that artificial intelligence will result in dramatic job losses in 2024 and beyond. A quarter intend to cut their headcounts by at least five percent “due to generative AI. (more…)

Third of employees resent return to office mandates

Third of employees resent return to office mandates

by • Flexible working, News

A new poll from Scalable Software of 2,000 UK knowledge workers claims more than a third (35 percent) resent being told they have to go into the office for a set number of days. Half (50 percent) of respondents say their employer has “productivity paranoia” over employees working away from the office, with 62 percent reporting their organisation has implemented a return to office policy within the last two years. (more…)

Overwhelming majority of businesses say waste management is important to minimise climate change

Overwhelming majority of businesses say waste management is important to minimise climate change

by • Environment, Facilities management, News

over four-fifths (85 percent) of UK businesses believe that recycling and waste management are essential in minimising the effects of climate changeA new poll from waste management company Biffa suggests that over four-fifths (85 percent) of UK businesses believe that recycling and waste management are essential in minimising the effects of climate change. Moreover, almost 9 in 10 (88 percent) see waste management as central to being a sustainable business. The survey of over 1000 UK business decision-makers, conducted by YouGov, explored attitudes towards sustainability and the circular economy. The results showcase the clear importance placed on waste management in the battle to combat climate change. (more…)

For all its flaws, COP28 still gives us a route to a greener future

For all its flaws, COP28 still gives us a route to a greener future

by • Company news, Environment

As COP28 drew to a close, it gave those attending or observing from around the world the chance to reflect on the global commitments towards building a greener future.As COP28 drew to a close, it gave those attending or observing from around the world the chance to reflect on the global commitments towards building a greener future. The UAE played host to two weeks of debate over climate change as COP28 recently rolled into town. While some questioned this region’s suitability – it being a centre of the fossil fuel industry – perhaps there is an argument to be made that this is exactly where you should hold it – to bring the issues into sharp relief. (more…)

It will take more than government funding for the world to reach net zero

It will take more than government funding for the world to reach net zero

by • Environment, News

The world needs up to $3.5 trillion of additional investments each year to reach net-zero and restore natureClimate finance was central to discussions at COP28 in Dubai and funding to reach net zero and restore biodiversity is still falling short. A new report from the World Economic Forum highlights the priorities for action and sets out how partnerships between organisations from the philanthropic, private and public sectors can create what it refers to as a positive domino effect, cut emissions at speed. (more…)

Workplace innovation is boosted when managers have high social status

Workplace innovation is boosted when managers have high social status

by • Business, News

Social status of top management in a company is positively associated with workplace innovation due to greater access to resources for research and developmentSocial status of top management in a company is positively associated with innovation, including workplace innovation, due to greater access to resources for research and development (R&D), finds new research from UCD Lochlann Quinn School of Business (UCD Quinn School). The findings were first published in the journal R&D Management. (more…)

UK built environment is woefully under-prepared for climate change

UK built environment is woefully under-prepared for climate change

by • Environment, News

New analysis published by UKGBC during the COP28 talks concludes that the UK’s built environment is severely under-equipped to adapt to our changing climate.New analysis published by UKGBC during the COP28 talks concludes that the UK’s built environment is severely under-equipped to adapt to our changing climate. On five out of seven critical climate resilience priorities, UKGBC’s scorecard finds that the Government policies in its Third National Adaptation Programme (NAP3) are insufficient, flawed, or missing, placing millions of homes and buildings – and the lives of people occupying them – at serious risk of damage from climate-related disaster. (more…)

Flexible workplace provider creates ‘first ever’ metaverse office

Flexible workplace provider creates ‘first ever’ metaverse office

by • Company news

The flexible workplace provider Clockwise has opened what the firm claims is the first office space in the metaverseThe flexible workplace provider Clockwise has opened what the firm claims is the first office space in the metaverse, the Clockwise Campus.  According to Microsoft, 51 percent of Gen Z expects to be working in the metaverse in some capacity by 2024. The firms say the space is heavily influenced by Clockwise’s physical offices and provides a digital platform for its members and the public to connect, collaborate and interact in various spaces including; meeting rooms, dedicated desks, breakout spaces, call zones and a contemplation room. (more…)

Generative AI will hollow out many middle class roles over the next decade

Generative AI will hollow out many middle class roles over the next decade

by • AI, News, Technology, Workplace

Generative AI will have a much greater impact on white collar roles than blue collar ones over the next 10 years, according to a new report from PearsonGenerative AI will have a much greater impact on white collar roles than blue collar ones over the next 10 years, according to a new report from Pearson. In at least ten white collar roles, more than 35 percent of tasks could be done by AI, with medical secretaries (41 percent) predicted to be the most impacted. Conversely, every of one of the top 10 least impacted are classed as blue collar, revealing launderers, dry cleaners and pressers (0 percent) as the UK’s most AI-proof job. (more…)

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