Multi-tasking and burnt-out, but working Brits are sleeping more than they did in the 1970s Burnout Britain? Women are working an average of 13 per cent longer hours compared to the 1970s, while men’s working hours dropped by an average of two per cent, a think tank report has found. Researchers at Onward found, on average, Britain is not working significantly more, as full-time male workers have seen their hours fall by [...]
Lloyd’s of London chief: Why the City needs Monday to ‘come back’ Lloyd's of London Lloyd’s of London chief executive John Neal has said he wants to “get Monday back” in calling for brokers and underwriters to return to the office four days a week. The insurance chief said that while “Tuesdays, Wednesdays, and Thursdays are busy” he now wants Lloyd’s staff to work in the firm’s City building on [...]
Freshfields calls lawyers back into the office for at least three days a week Magic Circle Magic Circle law firm Freshfields Bruckhaus Deringer has upped the minimum number of days it expects its lawyers to come to the office from two-and-a-half to three days a week. Lawyers working at the Magic Circle firm’s London and Manchester businesses will now be expected to work from the office for at least three [...]
Peloton sends staff back to the office in far-reaching turnaround plan August 13, 2022 Exercise bike maker Peloton has set out plans to hike its prices, cut costs, and force its staff back into the office, as it seeks to turnaround after demand for its home gym equipment dipped following the lifting of Covid-19 restrictions. In an internal memo published by Bloomberg, the New York headquartered running machine seller [...]
Demand for hybrid work sends IWG plc revenues soaring August 9, 2022 Strong demand for hybrid working sent revenues of IWG (International Workplace Group) plc surging in the first half of 2022. The global workspace provider reported revenues of £1.29bn, a 23 per cent rise from 2021’s first half as demand for flexible, hybrid working rose and inflation around the world climbed. IWG’s revenue grew more than [...]
Searches for overseas jobs by Brits surge with Dubai most popular destination August 1, 2022 Searches for work abroad have surged among UK workers with Dubai the most sought-after destination. Over the last 12 months, searches for overseas work by British workers soared by 56 per cent, according to data by overseas job website Anywork Anywhere, which analysed Google search data over the past year. Dubai was the most popular [...]
One in three UK bosses on brink of burnout: ‘Years of 19-hour work days nearly put me in hospital’ July 27, 2022 More than a third of UK bosses are on the brink of burnout, while nearly one in five are currently experiencing it because of rising energy prices, rocketing inflation and supply chain delays. Rising costs are already one of the main causes of burnout, with 36 per cent of SMB owners citing that as a [...]
64 per cent of all City roles now listed as remote: Brits embrace hybrid working as Google searches go through the roof July 26, 2022 Demand for hybrid working has risen since the pandemic with remote employees seeing more productivity at home. In fact, to meet demand, 15 per cent of the UK workforce has gone hybrid, with 64 per cent of all roles in the City of London listed as hybrid working. Analysis of over 890,000 job advertisements has [...]
Lloyd’s to stay in iconic headquarters until at least 2031 July 8, 2022 Lloyd’s of London is set to stay in its iconic City of London headquarters until at least 2031, according to new reports that quell rumours the insurer had been planning to leave its purpose-built tower in 2026. There is now “zero chance” the insurer will trigger the lease break clause in its contract with its [...]
Manufacturing Technology Centre rolls out four day week after trial boosts productivity July 4, 2022 Coventry-based firm the Manufacturing Technology Centre has rolled out a four day working week for staff after a trial period was found to have boosted productivity. The organisation, which aims to build technologies developed in academia, said that after conducting a two-year trial of flexible working with more than 600 of its staff, it would [...]