Construction in the City will be sabotaged by a skill shortage without a long-term plan CHRIS HAYWARD Two of the biggest long-term challenges we face are climate change and the labour market. The problems are well-known: holding to 1.5 degrees increase from pre-industrial levels and a shortage of appropriately skilled labour. For too long, problems such as these have been viewed in isolation, rather than stepping back to see the bigger picture [...]
Our labour market has been squeezed for the right skills and jobs for young people Chris Hayward Right now, one of the most pressing concerns for City businesses is a shortage of workers with the right skills. According to research by London Councils, almost a quarter of all vacancies in the capital are due to a lack of applicants with the necessary talents. Meanwhile, the number of cases where employers have been [...]
If time is money, volunteering should form a central part of our economy and careers CHRIS HAYWARD IT IS sobering to imagine what would become of the UK if, one morning, all its 16.3 million volunteers woke up and decided to no longer offer their support. Businesses, charities, community services, healthcare – every part of our economy would grind to a halt with the realisation of how much we take these dedicated [...]
The City should be a 24/7 destination outside of the Thursday evening drinks rush May 23, 2022 Tomorrow, Londoners will get their first chance to ride on the Elizabeth line as it finally opens in a major boost for the capital. Coming hot on the heels of the reopening of the Northern line’s Bank branch, the Elizabeth line will provide an economic shot in the arm – bringing an extra 1.5 million [...]
We weathered the pandemic, but London must be ready for the trials of the future May 9, 2022 What will the Square Mile look like in five years’ time? Unfortunately, I do not possess a crystal ball but – as I start my term as Policy Chairman at the City of London Corporation – I do know that we are facing a critical inflection point after a period of unprecedented economic turbulence and [...]