Pump priming: How the shale gas revolution has transformed the US energy industry November 26, 2019 At KD’s Bar-B-Q in Midland, Texas, one can see first hand that the energy boom is still alive and well. Oil service workers, property developers, and financiers stand in a line that snakes out onto the street to order its fabled tri-tip steaks and ribs. In less than a decade, a boom in the country’s [...]
How to recruit Generation Z into your workforce November 26, 2019 Graduate recruitment season is upon us, the time when recruiters begin in earnest to try to uncover talent for this year’s intake. But despite the urgent need for recruiters to change their approach in order to move with the times and keep up with an ever-evolving society and economy, too many still look to hire [...]
DEBATE: Is Uber’s loss of its London licence evidence that we need more gig economy regulation? November 26, 2019 Is Uber’s loss of its London licence evidence that we need more gig economy regulation? John McCallion, chief executive officer of GroundScope, says YES. Transport for London has quite rightly decided not to grant Uber a licence to operate in London — just as many other cities around the world have done. Every city needs [...]
Making the brave new world of automation work for society November 26, 2019 As the chief executive of Capita — a business that employs 63,000 people and aims to be a leading provider of automation services in the UK — I am frequently asked what this technology will mean for society. Often, what people really want to know is if their job is safe — and if theirs [...]
DEBATE: Would Modern Monetary Theory be a viable strategy to boost the UK economy? November 25, 2019 Would Modern Monetary Theory be a viable strategy to boost the UK economy? Melissa Davies, partner and chief economist at Redburn, says YES. Profound changes have opened the door to creative policy-making in the UK. All the parties have abandoned fiscal belt-tightening, and the Bank of England has implicitly acknowledged that it will continue to [...]
When the next crisis hits, fiscal policy alone will not be enough — central banks will need monetary policy too November 25, 2019 For three decades, central banks promised us they would take care of the economy. Fiscal policy, we were told, was toothless. Monetary policy would ensure prosperity. But central banks have failed to deliver the prosperity they promised. And in an astonishing reversal, they are now calling for fiscal authorities to take the strain. Monetary policy [...]
Don’t panic, China is nowhere close to overtaking America November 25, 2019 There has been far too much doom-mongering of late about America’s structural position in the world. While there is no doubt that the US is in relative decline, it is as if the commentariat does not really understand what these words actually mean, focusing only on the “decline” part of the phrase. So for all [...]
Our cities must work together to unlock Britain’s full potential November 25, 2019 When most people think of the UK financial and professional services sector, they immediately associate it with tall towers and iconic institutions based in the Square Mile. But that is just one part of the story. Today, 2.3m people are employed in these industries, with over two thirds of those jobs outside of London. As [...]
Why banning after-work emails is a bad idea November 25, 2019 From “Massage Mondays” to “Drinks Trolley Fridays”, many organisations have started putting wellbeing initiatives in place to combat burnout. Even airports are thinking about the wellbeing of their customers by bringing puppies and pigs into their lounges to calm passengers facing delayed flights. But how effective are these initiatives in actually reducing stress? Double-edged sword [...]
Google’s research reveals how millennial shopping habits are changing November 25, 2019 The Christmas season is a time for family and cheer. But for brands and retailers, the time between late November and early January represents the most crucial — and most competitive — period of the year, accounting for up to 30 per cent of annual sales. As journalist Katharine Whitehorn once said, “from a commercial [...]