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Uk economy

UK business leaders to boost investment in employee wellbeing

British business leaders are set to increase their investment in employee wellbeing as they look to retain and nurture staff in the wake of ongoing economic concerns. According to Bupa Global’s Executive Wellbeing Index 2021, UK business leaders are predicted to increase their spend on employee mental health and wellbeing by 18 per cent in the coming year, among the highest rates in…

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UK business leaders to boost investment in employee wellbeing

British business leaders are set to increase their investment in employee wellbeing as they look to retain and nurture staff in the wake of ongoing economic concerns. According to Bupa Global’s Executive Wellbeing Index 2021, UK business leaders are predicted to increase their spend on employee mental health and wellbeing by 18 per cent in the coming year, among the highest rates in…

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New data gives insight into UK jobs market during pandemic

Over the last year the labour market has changed drastically, from furlough schemes to working from home, to businesses shutting their doors completely. With this in mind Bionic wanted to find out where across the UK unemployment is rising, which industries are offering the most vacancies, and what salaries are increasing. Currently the UK’s national average unemployment rate sits at 4.7%.…

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UK trends set to continue after ‘Freedom Day’

Companies providing services like home workouts, high-end meal kits and even crochet tutorials have all boomed during the pandemic. Not everyone has had a smooth path through the pandemic though; businesses have had to become more agile and invest in technology. Many entrepreneurs and individuals have adjusted their attitudes, spending more time on worthy causes or making sure they are planning…

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Inefficient contact tracing costs each UK business more than £660,000

Some 84% of large businesses and organisations in the UK have lost working days due to a lack of effective contact tracing, according to a new study. The resulting lost productivity is estimated to have cost the country’s economy over £11b in the last 12 months – equivalent to 4.3 million working days. The study, which looked at 500 UK…

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Engage staff, or lose them as the economy re-opens

Debra Clark, Head of Specialist Consulting at Towergate Health & Protection, warns employers: If you do not engage with your staff, you will lose them… This is particularly important as the economy starts to reopen and people take stock of their working lives. The comment may seem stark following such difficult times during the pandemic, but I’m making an appraisal…

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Lockdown creates radical shift in UK’s mindset on environmental issues

Almost two-thirds of workers (64%) have evaluated their environmental impact during the coronavirus pandemic, and the majority (53%) are seeking permanent changes to their working week once lockdown restrictions ease, according to a new survey.The new research from Hitachi Capital UK has established the enforced lockdown for many Brits has altered their outlook for the long term future. A staggering 40% of…

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Remote working is ‘transforming the digital economy’

UK businesses are being advised to ensure they are ready to accommodate the rise of remote working – or risk being left behind. The advice follows the publication of a new guide to remote working, produced by utilities and communications specialist Glide, which contains new research, predictions and guidance for businesses. Between 2008 and 2018, there was a 74% increase in the number…

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Unique Venues of Leeds targets events & conference organisers across the UK

Unique Venues of Leeds is aiming to provide event planners from all over the country the opportunity to discover alternative, unusual and unique venues for hire in Leeds for conferences, exhibitions, parties and events. The Unique Venues of Leeds website offers conference & event organisers a convenient way to select alternative venues using different selection criteria, ranging from the venue name;…

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UK employees ‘hardest working in the EU’

Workers in the UK are putting in the longest hours in the EU, according to new TUC analysis. Full-time employees in Britain worked an average of 42 hours a week in 2018, nearly two hours more than the EU average – equivalent to an extra two and a half weeks a year. Britain’s “long-hours culture” is not having a positive…

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UK organisations suffering from ‘Non-Starter Syndrome’

“Organisations that don’t deliver a consumer-like digital experience for their new staff will struggle to keep up in the war for talent.” A new survey has revealed that ‘Non-Starter Syndrome’ is becoming more prevalent, with nearly two-thirds of HR respondents admitting that new recruits had quit before they even started. The survey, which was carried out by Cloud-native HR software…

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Are you one of the ten million people in the UK coasting at work?

A new survey has revealed that one-third of us – more than ten million* of the UK workforce – are ‘coasting’ at work. As many as 32 per cent of workers in the UK have admitted to ‘coasting’ while clocked-in at work and in their career, as the country battles to solve a productivity crisis which, since the financial crisis, has…

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UK workers to receive the lowest salary increases in Europe in 2018

Despite unemployment continuing to be the lowest it has been in more than 40 years, British workers are expected to receive one of the lowest salary increases across Europe as we come into the new year, according to the latest Salary Trends Report. The report by ECA International has shown that the UK is trailing far behind its peers on the…

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Work-related illness costing the economy £9bn

Some 26 million working days are being lost due to work-related ill health, costing over £9 billion to the economy, according to research by the Health and Safety Executive. At the same time, almost half of Britain’s industry leaders do not feel enough is being done across industry to tackle the problem, with the study also showing that more than…

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UK unemployment lowest since 1975 as pay growth ‘erodes’

Unemployment rates have dropped to the lowest point in 42 years, according to official statistics. The number of those out of the job aged 16 and over has dropped to 4.4%, the lowest since May 1975. Despite the drop in unemployment, the earnings of those in work still fell by 0.5%, according to the Office for National Statistics (ONS). Average…

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Bristol’s booming business events market boosts economy

The latest report showing the impact of the conference and business events industry in the Bristol region has revealed that the value has soared to more than £259 million. The report – The Impact of Business and Social Event Tourism in Bristol 2016 – was commissioned by Destination Bristol and reveals the highest impact figures since the report was introduced…

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Urgent action needed to improve mental health of UK workers, says expert

During Mental Health Awareness Week, Christopher Harvey, founder of executive wellbeing coaching company Harvey Sinclair has called for businesses to take urgent action to look after the mental health of their employees and for workplace wellbeing to be supported as much as diversity and inclusion have been by policies and government regulations. Harvey says: “The case for change is now.…

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