Search Results for: government

Lack of innovation continues to hamper small business and startups

Lack of innovation continues to hamper small business and startups

Small business innovation in the UK has fallen for the fourth consecutive year despite record levels of entrepreneurial ambition,Small business innovation in the UK has fallen for the fourth consecutive year despite record levels of entrepreneurial ambition, according to the latest State of Small Business Britain report from the Enterprise Research Centre. The annual study draws together findings from a range of business surveys and shows that 36 percent of working age adults are now starting, running or planning to launch a business. This is the highest level recorded since the Global Entrepreneurship Monitor began tracking activity in 1999. Early stage entrepreneurial activity has doubled since the early 2000s and has stabilised at around 12 percent. (more…)

Employment Rights Act is already putting the brakes on hiring, CIPD warns

Employment Rights Act is already putting the brakes on hiring, CIPD warns

New research from the CIPD suggests the Government’s Employment Rights Act could discourage employers from recruiting permanent staff, add to business costs and increase workplace conflictNew research from the CIPD suggests the Government’s Employment Rights Act could discourage employers from recruiting permanent staff, add to business costs and increase workplace conflict. The findings come from the CIPD’s latest Labour Market Outlook, based on a survey of more than 2,000 UK employers. It reports that overall hiring intentions remain at their lowest level on record outside the first year of the pandemic. (more…)

New white paper offers actions for managing trauma in the workplace

New white paper offers actions for managing trauma in the workplace

A new white paper offering practical guidance for employers on how to recognise, understand and respond to trauma in the workplace has been published by Nottingham Business SchoolA new white paper offering practical guidance for employers on how to recognise, understand and respond to trauma in the workplace has been published by Nottingham Business School (NBS), part of Nottingham Trent University. Recent national figures show that more than 8.5 million adults in England and Wales are survivors of childhood abuse, underlining the scale of trauma?related experiences within the UK workforce. Managing Trauma in the Workplace: Strategies for Wellbeing and Organisational Resilience brings together research, survivor perspectives, and evidence?based recommendations to help HR professionals and managers create psychologically safe working environments. (more…)

Beating Blue Monday: International Workplace launches free occupational health and wellbeing training for SMEs

Beating Blue Monday: International Workplace launches free occupational health and wellbeing training for SMEs

International Workplace is doing its bit to ease the New Year’s blues today by equipping small businesses with the tools to champion mental health and wellbeing in the workplace.International Workplace is doing its bit to ease the New Year’s blues today by equipping small businesses with the tools to champion mental health and wellbeing in the workplace. ‘Blue Monday’ – the third Monday in January each year – is often cited as the most challenging day of the year for the UK workforce. With the festive season over, wintery weather taking its toll, and a long wait for payday, it’s a time when a little extra support from managers can make all the difference. (more…)

New research highlights entrenched UK regional inequalities and policy hurdles

New research highlights entrenched UK regional inequalities and policy hurdles

New analysis from the Institute for Fiscal Studies (IFS) and partner universities suggests regional inequalities across the UK remain deep, persistent and shaped by a combination of economic, social and mobility factorsNew analysis from the Institute for Fiscal Studies (IFS) and partner universities suggests regional inequalities across the UK remain deep, persistent and shaped by a combination of economic, social and mobility factors, according to a symposium of research published this month. Researchers say disparities in earnings, productivity, educational opportunity and life outcomes continue to vary sharply between regions, with many places that were struggling two decades ago remaining comparatively disadvantaged today. (more…)

Sleepless nights are taking a toll on UK workers

Sleepless nights are taking a toll on UK workers

Widespread sleepless nights are undermining workplace performance across the UK according to findings of a survey released by the Mental Health FoundationWidespread sleepless nights are undermining workplace performance across the UK according to findings of a survey released by the Mental Health Foundation. The poll of 2000 UK adults aged 18+ found that the average person only gets three nights of good quality sleep per week.  This lack of meaningful rest has resulted in one in three UK workers (33 percent) admitting that poor sleep makes it harder to concentrate at work while more than one in five (22 percent) shared that tiredness has led them to make more mistakes than usual. One in eight respondents (13 percent) reported having fallen asleep at work. (more…)

Business leaders bemoan slow progress on ‘Europe’s Silicon Valley’

Business leaders bemoan slow progress on ‘Europe’s Silicon Valley’

The government has positioned the so-called OxCam growth corridor as a central plank of its economic strategy, with Chancellor Rachel Reeves describing it as having the potential to become (inevitably) Europe’s Silicon Valley.Britain’s ambition to turn the Oxford–Cambridge corridor into a globally competitive technology and life sciences hub is facing renewed scrutiny as business leaders warn that delays to infrastructure risk undermining investor confidence, even as ministers restate their commitment to accelerated delivery. The government has positioned the so-called OxCam growth corridor as a central plank of its economic strategy, with Chancellor Rachel Reeves describing it as having the potential to become (inevitably) Europe’s Silicon Valley. The plan centres on better connecting Oxford and Cambridge, stimulating housing delivery and encouraging high-value research, technology and manufacturing to scale across the region. (more…)

Health Secretary orders review into acceleration in mental health diagnoses

Health Secretary orders review into acceleration in mental health diagnoses

The UK government has commissioned an independent review into the rise in mental health and neurodevelopmental diagnoses, reflecting growing concern about the number of people leaving the workforce because of conditions such as depression, anxiety, autism and attention deficit hyperactivity disorder.The UK government has commissioned an independent review into the rise in mental health and neurodevelopmental diagnoses, reflecting growing concern about the number of people leaving the workforce because of conditions such as depression, anxiety, autism and attention deficit hyperactivity disorder. The announcement signals a renewed focus on welfare spending and the wider economic impact of long-term sickness, with ministers arguing that too many people are becoming detached from work for reasons that may not always require formal medical intervention. (more…)

Time to admit we were wrong about Canary Wharf and other business districts

Time to admit we were wrong about Canary Wharf and other business districts

There was a time during and after the pandemic when it looked like time was up for the world’s major business districts. For a start Canary Wharf looked like it would need to completely reinvent itself as firms started to relocate to smaller more central premises. Instead of housing tenants such as HSBC it would focus on becoming a mixed-use space with more homes and leisure facilities. Hell, we even published a feature setting that all out ourselves. But it’s funny how things turn out. The latest news is JP Morgan’s announcement of a vast new headquarters building in the area. The bank, already one of the largest employers in the UK financial sector, has confirmed plans for a three million sq ft tower on the waterfront that will accommodate 12,000 staff and represent an investment estimated at £3 billion. (more…)

Shift to a low carbon economy could create millions of jobs but risks widening global divides

Shift to a low carbon economy could create millions of jobs but risks widening global divides

The shift to a low carbon economy is expected to reshape labour markets across the world over the next five years, with almost 14.4 million jobs set to be affected by 2030The shift to a low carbon economy is expected to reshape labour markets across the world over the next five years, with almost 14.4 million jobs set to be affected by 2030, according to a new report from the World Economic Forum. The research suggests that while 2.4 million roles will be phased out, the emergence of new industries and technologies will generate around 12 million new positions, resulting in a net gain of 9.6 million jobs. Yet the report warns that the scale of disruption, combined with persistent economic and geopolitical pressures, could deepen existing inequalities both within and between countries. (more…)

Stress accounts for a quarter of UK short term workplace absence

Stress accounts for a quarter of UK short term workplace absence

Stress now accounts for more than a quarter of short term workplace absence in the UK, according to new research from Simplyhealth and the CIPD.Stress now accounts for more than a quarter of short term workplace absence in the UK, according to new research from Simplyhealth and the CIPD. The latest edition of the Health and Wellbeing at Work report, one of the most extensive surveys of its kind, shows that 26 percent of short term absences are attributed to stress. The authors also suggest that almost two thirds of HR professionals reported stress related absence in their organisation during the past year. (more…)

Landfill tax will do nothing for the circular economy, trade body claims

Landfill tax will do nothing for the circular economy, trade body claims

The landfill tax will make construction projects unviable. The National Federation of Builders (NFB) has released a short report titled ‘Going full circle: Making a circular economy work for builders’ which compares how other nations deal with waste in construction and makes eight recommendations for the UK Government to move toward and enable a circular economy. It makes eight recommendations in total, including the creation of digital records for buildings, the introduction of stronger incentives to reward recycling and reuse, an increase in landfill capacity, tougher action against waste crime offenders, and the retention of the existing disposal permit system. (more…)