UK businesses and universities are voicing serious concerns about the lack of the right skills in the labour market. There is a real concern that the recovery of the UK economy is threatened by skills mismatch, says the National Centre for Universities and Business (NCUB). This is in response to new labour market statistics, published on April 16th. The report…
read moreVolunteering helps to deliver productivity gains worth billions to the UK economy each year, a new study finds and could also support jobseekers back into work, says new report. The report by Pro Bono Economics (PBE), commissioned by national volunteering charity Royal Voluntary Service, estimates productivity gains worth at least £4.6 billion each year, or £4,551 per volunteer, arising from…
read moreVolunteering boosts productivity that’s estimated to be worth billions to the UK economy each year, a new study finds. nteering boosts productivity . The report by Pro Bono Economics (PBE), commissioned by national volunteering charity Royal Voluntary Service, estimates productivity gains worth at least £4.6 billion each year, or £4,551 per volunteer(1), arising from volunteering by those in professional and…
read moreScrolling on social media, checking messages, daydreaming and other distractions are costing the UK economy a staggering £19.9 billion each year, groundbreaking new research by The QEII Centre has revealed. The report: ‘The Distracted Economy: We are losing focus – how to hold attention and keep delegates engaged during business meetings and events’ commissioned by London’s leading conference and events…
read moreOutdated and inaccessible information within some of the UK’s largest businesses is costing the UK economy a staggering £25 billion every year, with many existing learning resources considered “useless”, according to new research. The landmark global study, carried out by digital learning transformation firm OBRIZUM, surveyed 1,000 enterprise decision makers and 1,000 knowledge workers across the UK and US to…
read moreHR software provider for SMEs Breathe has revealed the cost of bad company culture: a staggering £15.7 billion per year. The report, ‘The Culture Economy 2020’, revealed that one in five (21%) of SME employees quit their job due to poor workplace culture. It also found that 33% of SME decision makers experienced or witnessed workplace bullying in the past…
read moreBritish workers are still uncomfortable disclosing mental health issues or burnout, with nearly a quarter (23%) admitting they would rather take an unexplained sick day than discuss their issues with their employers. Indeed, the research carried out by HR software provider Breathe found 40% of employees are uncomfortable calling in sick to their employer for a mental health reason,…
read moreWhat’s the one thing you looked forward to most when you got to work in the morning on a scorching summer’s day? Yes, leaving, of course! Heat Traders wanted to find out how the hot weather affected British workers this past summer – just how early they left their offices or place of work and how much this has actually cost the…
read moreResearch by HR software provider breatheHR reveals the staggering cost of small business employees bunking off work – a whopping £900 million. The report found one in seven employees admitted to feigning illness, while some appear to be serial offenders, pulling a sickie on average three times a year. In the survey of 1500 British SME workers and business owners…
read moreWhile the short-term outlook for employment remains strong, labour and skills shortages are starting to bite in UK sectors that employ a high number of EU nationals, according to the latest Labour Market Outlook from the CIPD and The Adecco Group. The report suggests that despite a near record number of vacancies (748,000 according to the latest ONS data), UK…
read moreResearched commissioned by Altodigital has revealed that over-run meetings cost the UK economy a staggering £582 million a week, with 95% of those questioned admitting that they have meetings that regularly over run, and more than half (53%) agreeing that some could definitely have been conducted more efficiently. The poll of 1000 office workers from a range of sectors across…
read moreFewer than one in three (28%) UK business travellers use a sharing economy service when travelling for work, despite nearly half of businesses having a policy in place allowing them to do so. New research from Egencia®, the business travel arm of Expedia, has revealed that 41% of UK companies allow their employees to use sharing economy services, with 13%…
read moreThings are looking up for in the UK, at least at parts as Central London’s economy is outpacing its global peers by 2030 according to recent projections in a report by Savoy Stewart. London’s rival cities in attracting investment include New York, Paris, Berlin, and Hong Kong. Current economic forecasts indicate that the UK will experience a 1.9% rise in…
read moreThe UK’s recent economic downturn has sparked discussions across the nation, with official figures indicating a recession at the end of last year. This period of economic contraction, marked by decreased consumer spending, strikes amidst a backdrop of rising inflation and interest rates, challenging households and businesses alike. For Personal Assistants, Executive Assistants, and Virtual Assistants, understanding these shifts is…
read moreLatest research from Marketing Manchester shows broader value of Emirates Old Trafford’s biggest events to the local economy. More than 400,000 spectators attended major events at Emirates Old Trafford in 2023. A further 150,000 guests have either stayed in the Hilton Garden Inn or attended C&E events throughout the year. New research has revealed the estimated economic impact of Emirates…
read moreThe University of Leeds Conferences and Events team is thrilled to announce that it has successfully secured the opportunity to host the prestigious UK Corporate Games 2024, following a highly competitive bid process. This victory is a testament to the University’s outstanding sports facilities, on-site accommodations, the versatility of its event spaces, and its exceptional ability to host social events…
read moreThe total number of active job adverts in the UK reached 1.85 million in July, a record high for 2022 so far. The Recruitment & Employment Confederation’s (REC) Labour Market Tracker showed the number of new jobs being posted remained stable throughout July, at between 180,000-200,000 per week. The last week of July saw 182,000 new listings, 22% fewer than…
read moreRetirees have put in decades of time and effort as part of their working life to prepare for retirement, counting on their pension to help maintain a comfortable future. However, the quality of state pensions varies drastically based on where you live – But which countries around the world have the best systems? Blacktower Financial Management reveals the best pension…
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