December 5, 2018
Government report calls time on late payments, addresses productivity puzzle
The culture of late payment by large firms has led to the failure of many small businesses in the UK and prevented even more from thriving and improving their productivity, according to a parliamentary select committee report published today. The Business, Energy and Industrial Strategy (BEIS) committee has called on the government to enforce tougher measures on large firms who treat small businesses “disgracefully” by enforcing long payment terms or paying their suppliers late. The Small businesses and productivity report said that, for an SME to succeed, it is crucial they are paid fairly and on time.




















Small and mid-sized businesses have hired three times more people than larger businesses over the past five years and could overtake large companies by 2030, according to new analysis of the latest ONS data commissioned by Santander Business Banking. However, separate research commissioned by the bank has found that significant numbers of young people are failing to recognise the significant job opportunities that SMEs offer. Just a third (35 percent) of Generation Z and Millennials leaving full time education say they wish to work for an SME, while an even smaller proportion, just one in six (18 percent), want to work for a start-up or micro business. 
Business leaders have called today for the Government to update health and safety legislation to protect mental health in the workplace. In an 
The vast majority (97 percent) of office workers in UK feel frustrated by their workplace environments, with many feeling the need to escape office life as a result. A new report from Staples has discovered that one-in-five (22 percent) end up browsing LinkedIn job ads for something better when they’re frustrated. As a result, job-hopping is prolific, with workers now predicted to have 11.7 jobs between the ages of 18 and 48. The expectation that the grass must be greener elsewhere is leaving most thinking about switching jobs. However, when they do end up jumping ship, many just experience a short-term fix. According to the study, a third (37 percent) get frustrated in their new office before the end of their first six months. The majority of office workers say they seek fulfilment (89 percent) at work, and for most (77 percent), the quality of their office workspace is a contributing factor in how fulfilled they feel.

November 23, 2018
Communities are the key factor to rapid growth of coworking
by Petr Boruta • Comment, Coworking, Property, Workplace design
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