The UK economy showed surprising resilience in the second quarter between April and June, growing 0.2% despite rising interest rates. This marks a slight pickup from near-stagnant growth in previous quarters, though GDP remains below pre-pandemic levels. Additionally, the growth has led markets to believe that more interest rate hikes could follow from the Bank…
The Great Resignation, a period of record-high quit rates that began during the pandemic, may now be over, the BBC reports. Professor Anthony Klotz, who coined the trend in May 2021, now says, “we’re at the tail of it.” New data suggests resignation rates in the UK are normalising to pre-pandemic levels. Experts say economic…
Do you feel exhausted trying to be your best self at work and at home? Do you feel you could use some new insights on how to balance your personal and professional lives? LinkedIn News UK spoke to four wellbeing experts about how they create sustainable boundaries for themselves and their colleagues, and how organisations…
High street chain Wilko warned it was on the brink of collapse last week, putting 400 stores and 12,000 jobs at risk. Since the announcement, retail analysts on LinkedIn have been sharing their thoughts on what went wrong. Retail Economics’ chief executive Richard Lim points to how household goods have been one of the main…
We all know how devastating the COVID-19 pandemic has been – and it could have been even worse if not for the efforts of scientists and health workers around the world. But what if we could get a heads-up on the next most dangerous variants of a virus before they become a global threat? Well,…
Do drones have an important role to play in rural deliveries? Royal Mail thinks so. The organisation has started trialling the unpiloted aerial vehicles with drone firm Skyports on Scotland’s remote Orkney Islands. Drones will carry letters and parcels from Stromness, a relatively populous town and part of Mainland Orkney, to the islands of Graemsay…
Is the UK talking itself into decline? UK Chancellor Jeremy Hunt recently rejected the “declinist narrative” as potentially self-fulfilling. In her Financial Times analysis, economist Soumaya Keynes examines whether pessimism about the UK economy is justified or making economic problems worse. She cites studies that suggest optimistic narratives can sometimes boost hiring, investment and consumer…
Many large corporations in the finance sector are having to navigate the shift to hybrid work models post-pandemic. While some, like HSBC, plan to downsize their offices, investment banks including JP Morgan and Goldman Sachs want workers back at their desks. While flexible work arrangements – which most employees prefer – can boost productivity and…
‘Greedflation’ is a term widely used to describe companies exploiting high inflation to increase their profits. Throughout the cost of living crisis, supermarkets have faced accusations of inflating prices beyond the rising costs of raw materials and wages. Most recently, Unilever – maker of Marmite and Magnum – has come under greedflation scrutiny. Despite selling…
Having a best friend at work makes the job more fun, with studies showing that it increases retention and leads to greater employee satisfaction. But bonding with colleagues has become harder for many people in the new world of work – and some employers worry that is harming company culture and operations. In a recent…