Lack of workplace flexibility will prompt a third of workers to leave, survey shows May 26, 2021 A third of UK employees would look for a new job if their company did not allow flexible working, according to a new survey. Findings from UK consultancy Barnett Waddingham, which surveyed more than 2,000 workers, showed that hybrid working has become imperative for employee retention. Of the 33 per cent who would seek a [...]
Less than half of small businesses will ask staff to return to the office full-time May 25, 2021 Fewer than one in two of small business owners plan to advise their staff to return to the office after 21 June, when government restrictions on home working will be lifted, according to new survey results. Financial services company Hitachi Capital Business Finance polled over a thousand UK-based small business owners to find out how [...]
The hybrid working gap: The young, broke and single prefer the office May 24, 2021 Older workers are more likely to prefer hybrid working models than younger people. Half of employees aged 18 to 24-years-old want to return to the office full time, compared to just 29 per cent of over 55s, according to a survey carried out by Totem, an employee engagement and culture app The survey showed that 66 [...]
Nationwide customers saved a further £10.6bn over the pandemic May 21, 2021 Customer deposited increased by £10.6bn throughout the pandemic, Nationwide said today, while remote working has made its workforce ‘more productive’ in the year to 4 April. With lockdown restrictions closing high streets and putting a pin in travel, Nationwide found deposits increased by double what they increased by in 2019, as customers stashed cash into [...]
Vodafone: Pandemic-induced remote working hit women hardest May 20, 2021 Nearly half of all women who leave the workplace for over a year suffer from a loss of confidence, according to a new report today, which urged employers to further support employees as they flock to offices once again. As Covid restrictions are being eased, the study published today by Vodafone, found that women can [...]
London houses now average £500,000, as UK-wide prices rise at fastest rate in 14 years May 19, 2021 London houses now average £500,000, as UK-wide prices rise at fastest rate in 14 years
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 [...]