Analysts warn of post-furlough job cuts wave and oldest will struggle most May 18, 2021 The economic mood was warm this morning as new data showed that Britain’s unemployment rate unexpectedly fell to 4.8 per cent between January and March. London’s FTSE 100 reacted with a 0.8 per cent leap but not all analysts were convinced that the data was a sign of long-term prosperity for the UK jobs market. [...]
Land Securities losses widen with work-from-home measures May 18, 2021 Commercial property firm Land Securities has seen its full-year loss widened this morning, as its London-centric office portfolio crumbled under work-from-home measures. The FTSE 100 firm has reported a loss before tax of £1.39bn for the 12 months ending 31 March, compared with a loss of £837m the year before. The pandemic pushed many companies [...]
BDO becomes latest auditor to tell staff to work where they like May 17, 2021 BDO has told staff to decide where they would like to work post-pandemic, in a move that adopts a more flexible model than some of its rivals. The challenger audit firm will ask staff to work wherever is most productive, depending upon the task they are doing. For most people this will likely mean a [...]
Boris Johnson confirms working from home advice set to be scrapped on 21 June May 12, 2021 Boris Johnson has confirmed the government will scrap its work from home advice on 21 June if its roadmap out of Covid restrictions goes to plan. The Prime Minister told MPs today that he is confident office working will come back en-masse and that “I think it’ll come back remarkably quickly, but it does depend [...]
Half of British workers expect bosses to enforce mandatory jabs, survey shows May 11, 2021 Half of Britain’s workers expect their bosses to demand a vaccine passport before they can return to the workplace, according to a new study. The research, conducted by BrightHR, studied 5,000 British workers across various sectors. It found that just 17 per cent of employees have had a conversation about their companies’ policy on vaccines, [...]
Exclusive: Quarter of UK businesses to close or downsize offices as UK embraces hybrid working May 10, 2021 More than a quarter (26%) of UK businesses will either close, downsize or consolidate their offices in the coming months, as companies move to hybrid working models. More than half (53%) of businesses plan to offer more flexible or remote working policies, while 30 per cent are expecting employees in the office between one and [...]
Square Mile’s largest employers embrace hybrid working, the details May 8, 2021 The majority of the largest employers in the City of London have vowed to continue with some sort of hybrid approach to working, after pandemic-led restrictions forced the biggest home working experiment in history. With Covid-19 cases falling and millions of people successfully vaccinated, staff are trickling back into London’s offices, and companies are turning [...]
No full-time return to the office for over a million British workers May 6, 2021 Almost all of 50 of the UK’s biggest employers have said they do not plan to bring staff back to the office full-time. Some 43 of the firms told the BBC that they would embrace a mix of home and office working, with staff encouraged to come into work for two to three days a [...]
How video games could be the next frontier in the WFH revolution May 5, 2021 By this time last year, most of us were already experiencing Zoom fatigue. A month of working remotely had taken its toll and the endless queue of video meetings seemed to exemplify the creeping malaise of this new way of working. Phil Spencer, head of Microsoft’s games division Xbox, soon came up with a novel [...]
Covid-19 gives employees itchy feet as job hunts are on the rise May 4, 2021 Job hunts are rising for those in corporates, consultancies and start-ups, according to figures from Movemeon, as multiple lockdowns have shown bosses under a different light. A third of those working in management consultancies are looking for a new role, alongside nearly a quarter of those in private equity and venture capital (PE/VC). Employees getting [...]