UK government interest payments on the national debt has reached the highest level in two decades. The increase in government debt and the amount spent on servicing it is raising concerns about the potential diversion of funds from critical public services and infrastructure projects. Experts tell LinkedIn News UK that higher debt can slow growth…
Why do women choose to quit the workforce after putting in decades to develop their knowledge and skills? In an excerpt from her book Revolting Women: Why midlife women walk out (and what to do about it), Dr Lucy Ryan gets to the root of why women step sideways or opt out just as they…
UK workers are suffering from “toxic”, stressful conditions and are taking more sick days than at any point in the past 10 years, according to new research. The Chartered Institute for Personnel Development (CIPD) has found that UK workers took on average 7.8 sick days in the past year – up from the pre-pandemic average…
Are you a workaholic? In this excerpt from her book MoneyZen: The Secret to Finding Your “Enough”, author Manisha Thakor says that we tend to confuse our self-worth with our net worth. For 30 years, Thakor’s pursuit of work, money and prestige left her feeling isolated and joyless. Reflecting on how this relentless obsession…
We are conditioned to believe that we can succeed if we just worked harder and longer. The endless loop of “Zoom, eat, sleep, repeat”, however, can lead to burnout and send morale plummeting. In this excerpt from his book Effortless, author Greg McKeown suggests a counterintuitive strategy to make essential tasks effortless. Instead of…
An overbearing boss is one of top signs of a toxic workplace, research shows. And micromanagement is not just bad for team morale, but can also stifle innovation and productivity, says Julia Milner, professor of leadership at EDHEC Business School. Often, those doing the micromanaging can believe they’re coaching the team, but their behaviour ultimately…
At some point, most of us struggle with confidence or impostor syndrome, resulting in decision paralysis or poor choices. In an excerpt from his book The Confidence Map, author Peter Atwater urges us to rethink our idea of confidence and to explore its role in the choices we make. Real confidence, says Atwater, is different…
Rising interest payments are putting UK companies at a higher risk of missing their debt payments, the Bank of England has warned. Analysis by the UK’s central bank found half of all non-financial companies could experience debt stress by the end of the year, up from 45% in 2022. Medium-sized firms – those…
The UK manufacturing sector was the largest contributor to production output in June 2023, which in turn was the largest contributor to GDP growth, according to the latest ONS figures. The UK economy grew by a modest 0.5 per cent in June 2023, following a fall of 0.1 per cent in May. The largest contributor to…
State pensions costs in Britain are expected to hit £135bn by 2025, which is £2bn higher than education, policing and defence combined, according to an analysis of official figures by The Times. The growth in pension costs is partly down to an ageing population and a guaranteed annual increase, known as the “triple lock”.…