Search Results for: income

Oxford and Reading are best cities in which to live and work in the UK

Oxford and Reading are best cities in which to live and work in the UK

best citiesOxford has been recognised as the top performing city in the UK to live and work for the fourth year in a row in a nationwide study carried out by PwC. The city has emerged ahead of Reading thanks to work-life balance, income, transport and skills with Bradford being crowned as the most improved city. Published today (12 November 2019), the annual Demos-PwC Good Growth for Cities 2019 sets out to show there’s more to economic well-being than just measuring GDP. The index measures the performance of 42 of the UK’s largest cities, England’s Local Enterprise Partnerships (LEPs) and ten Combined Authorities, against a basket of ten factors which the public think are most important when it comes to economic well being. These include jobs, health, income and skills, as well as work-life balance, house-affordability, travel-to-work times, income equality, environment and  business start-ups. (more…)

More active lifestyles would have far reaching economic impact

More active lifestyles would have far reaching economic impact

activeThe results of a new academic study on the relationship between global economic growth and physical activity, carried out by Vitality and RAND Europe, reveal significant benefits to the economy and life expectancy if people adopted a more active lifestyle. The study suggests that the world’s GDP would gain more than $100bn (£80bn) each year until 2050 if people adopted a more active daily routine that could involve simple choices such as walking 15 minutes more a day, jogging slowly for half a mile a day, or walking 1,500 extra steps a day. (more…)

Real estate set to remain an attractive investment despite challenging environment

Real estate set to remain an attractive investment despite challenging environment

ULI PWC real estate reportEurope’s property leaders continue to have faith in real estate as an attractive option for investments, despite a number of significant political and economic challenges, according to the latest Emerging Trends in Real Estate Europe 2020 report. With interest rates set to stay lower for longer and bond yields in many European countries in negative territory, real estate income retains its broad appeal to investors, especially in comparison to other asset classes. Equity and debt are expected to remain plentiful for most real estate sectors. The report, published annually by the Urban Land Institute (ULI) and PwC, is based on the opinions of over 900 real estate professionals across Europe, including investors, developers, lenders, and advisers. (more…)

The workplace of the future and its tech must work for the good of society

The workplace of the future and its tech must work for the good of society

Workplace discrimination based on scare tactics faces crackdown

Workplace discrimination based on scare tactics faces crackdown

finding a voice against workplace discriminationThe UK Government has announced what it claims are new, improved measures to protect workers facing workplace discrimination. The move especially targets those employers who withhold references and enforce non-disclosure agreements to pressure employees into silence. Such tactics could now be blocked under new the proposals announced by the Department for Business, Energy & Industrial Strategy. (more…)

Majority of American workers are unhappy in their jobs

Majority of American workers are unhappy in their jobs

American workers are unhappyAlthough more people are in work in the US than at any time in the past 50 years, only 40 percent of American workers say that they work in good jobs, according to a new study (registration) from the Lumina Foundation, the Bill & Melinda Gates FoundationOmidyar Network, and Gallup.  The report claims that 44 percent of workers surveyed said they had “mediocre” jobs while 16 percent said they were in “bad” jobs. (more…)

Self employment boom continues to shape UK cities

Self employment boom continues to shape UK cities

self employment in Uk citiesNew research from the Centre for Cities claims that we are still seeing the long-lasting consequences of the post-financial crisis self-employment boom in the UK’s cities. But too many people working for themselves lack access to training – raising concerns about their long-term security and many cities’ future economic strength. (more…)

People switch their focus to work life balance at age 45

People switch their focus to work life balance at age 45

work life balanceMore than three in five UK adults (61 percent) favour work life balance over a high salary, according to a new study from Hitachi Personal Finance. The report also claims that it is those aged 45 and upwards who are most likely to seek out a better overall quality of life at the expense of other job priorities, with 82 percent of workers aged over 45 saying they would always opt for a better life balance over a high salary, given the choice, compared with 49 percent of under 45s. (more…)

Employment of mothers shapes working lives of children

Employment of mothers shapes working lives of children

working lives of mothers serves as role model for childrenA new report from the IZA Institute of Labor Economics claims that working mothers serve as role models for the working lives of their children, especially their daughters. The report suggests that  while the inter-generational correlation of labour market outcomes has been a subject of interest among both academics and policymakers for a long time, much of the literature has focused on the correlation of earnings. The new report argues that not only is the potential to earn transmitted across generations but also the willingness to work more generally. (more…)

Flexible working now routine for two thirds of US workers

Flexible working now routine for two thirds of US workers

flexible working owl labsA new report from Owl Labs claims that although two-thirds of US workers now work away from their main place of work some of the time, there are still many people and organisations that are unaware of the benefits, processes and challenges involved in flexible working. The new report explores the effect flexible working has on personal happiness, recruitment, retention and skills as well as exploring the attitudes of people who are based in a fixed place of work.

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Flexible working becoming preserve of the well paid

Flexible working becoming preserve of the well paid

flexible workingThe number of highly paid workers offered some form of flexible working has trebled in the past four years, according to the latest Flexible Jobs Index from flexible work consultancy Timewise. It found that the proportion of jobs with salaries of more than £80,000 advertised with flexible working options is up to 16 percent, compared to 9 percent last year and 5 percent in 2016. (more…)

High streets should switch focus to office space and high-skilled jobs

High streets should switch focus to office space and high-skilled jobs

Many British High Streets face a bleak future as policymakers are failing to identify a clear economic focus to city centre regeneration strategies. According to the Centre for Cities’ latest research, in partnership with Nationwide Building Society, success is defined by those policies that create skills, jobs and quality office space for businesses rather than currently accepted interventions such as cultural initiatives, business rate reforms and online sales taxes. (more…)