Social Market Foundation suggests measures including better childcare provision to increase birthrate
Britain is facing a “baby shortage” that could lead to “long-term economic stagnation”, a thinktank has said.
The Social Market Foundation (SMF) said the birthrate was almost half what it was at its postwar peak in the 1960s, and the country’s ageing population could lead to economic decline.
Continue reading...No cause for alarm now, says Kwasi Kwarteng as energy discussions are likened to early Covid crisis talks
The government was scrambling on Saturday night to reassure Britons that rising gas prices would not plunge the country into an energy crisis, as ministers held a series of emergency meetings with energy companies and regulators to establish whether the nation could keep the lights and central heating on this winter.
A senior industry insider likened the meetings held between the business secretary, Kwasi Kwarteng, and energy industry leaders to the early crisis talks held following the outbreak of Covid-19.
Continue reading...Coal plants being warmed up as market prices surge to £2,500 per MWh from a norm of £40
A major fire has forced the shutdown of one of Britain’s most important power cables importing electricity from France as the UK faces a supply crunch and record high market prices.
National Grid was forced to evacuate staff from the site of the IFA high-voltage power cable, which brings electricity from France to a converter station in Kent, where 12 fire engines attended the blaze in the early hours of Wednesday morning.
Continue reading...Some welcome the routine, while others are concerned about how it will work without everyone in at the same time
Workers in the UK have gradually been returning to offices in recent weeks, after the lifting of coronavirus restrictions. While many firms have adopted a flexible arrangement that combines remote and office work each week, many others have called their employees back full time.
For some, it is a welcome return to normality, but others have raised concerns about their health and working conditions.
Continue reading...Companies recalling staff this month have been accused of not offering flexitime and failing to protect employees
Before the pandemic, every morning and night was a cycle of stress and rushing around for single mother Emma Woodburn, getting her two young sons to and from school, childcare before and after work and staying on top of housework.
But when, 18 months ago, the 39-year-old from Lancashire was told by her employer she could work from home, everything changed. “It was like a weight was lifted. It was less rush in the morning. I could put the washing on throughout the day and hang it out on my dinner break. It just felt easier.”
Continue reading...Businesses are becoming increasingly aware that exhaustion is a ticking timebomb
This week, staff at Nike’s headquarters in Oregon breathed a prolonged sigh of relief, after learning that they were getting a week off to de-stress and recover from the pressures of the Covid-19 pandemic.
In an open message to staff posted on LinkedIn, Nike’s senior manager of global marketing science, Matt Marrazzo, told staff: “In a year (or two) unlike any other, taking time for rest and recovery is key to performing well and staying sane.”
Continue reading...Savings rates are low but some green investments can pay up to 8% interest a year
Environmentally conscious consumers fed up with low savings rates are being targeted by a variety of green investments paying up to 8% interest a year.
However, those thinking about signing up need to be prepared to accept some risk to their cash. This is a lot riskier than a bank or building society savings account.
Continue reading...A workplace in Bucharest filled with anti-virus innovations could become the new normal in office design, its creators hope
Not so long ago it may have seemed more like a futuristic vision of the workplace – or a hospital.
But the hands-free door handles, self-cleaning surfaces, antimicrobial paint, air-monitoring display tools, UV light disinfection robots, and 135 other measures at an office block in Bucharest are here to stay, say the creators behind what they are touting as one of the world’s most virus-resilient workplaces, which they hope will become the new normal in office design.
Continue reading...Whether seen as an obstacle to overcome or a once-in-a-lifetime opportunity, home working is proving hard to avoid
As the pandemic struck wealthy economies in early 2020, workers (in white-collar jobs, at least) found themselves carrying out their duties from home. Now that vaccination programmes are continuing apace, more companies are grappling with how – and whether – to end the great enforced experiment in home working.
The answer is far from settled, with Apple telling its global workforce on Friday that they will not return to its corporate offices until January at the earliest, amid concern over the spread of new coronavirus variants. The tech company’s original plan to bring staff back in on Mondays, Tuesdays and Thursdays in a hybrid home-working pattern had already been delayed from early September to October.
Continue reading...Bored working in a law firm in Brussels, I filled my time writing anonymously online about love, life – and how dull my job was. Then my colleagues found my posts ...
I wouldn’t say I was a model employee in the law firm where I worked for nearly 10 years, but I was quietly reliable and kept out of trouble. That all changed when I was summoned to the office of the senior partner – a man I had never met – to face him, my distinctly sombre-looking boss, and a stony-faced HR rep. I was definitely in trouble: my employers knew about my anonymous blog.
The blog and work had been connected from the start. Trying to reconcile parenting two tiny children, intense hours and the demands of our terrifying clients as a solicitor in the City had proved impossible, so I had taken a backseat role in Brussels instead. It was not a job I particularly enjoyed, but it was easy and I never had to speak to bankers. The work was low-stress, but boring; inevitably, I spent those bored hours on the internet.
Continue reading...Experts offer their advice on how companies and staff can move to a more flexible model of work
Working 3:2, what a way to make a living – but a new way that may take a little getting used to, according to experts.
As coronavirus restrictions lift, many companies whose staff have worked from home for 18 months are asking those workers to dust off their bras and smart trousers and return to the office part-time.
Continue reading...Provider joins EE in bringing back charges for people to use their phone in mainland Europe from next year
Vodafone is to reintroduce charges for UK customers who use their phones in Europe, despite Britain’s biggest mobile companies previously saying that they would not bring back roaming costs after Brexit.
Vodafone said new customers and those upgrading will have to pay up to £2 a day to use their monthly allowance of data, calls and text messages in mainland Europe.
Continue reading...It can feel as if the generation gap is wider than ever – but not when people really talk. Here, four sixtysomethings offer advice to those in their teens and 20s
We live in an era in which, for the most part, the generations do not mix frequently. Grandparents are visited occasionally; young people seek the freedom of independent living as early as possible. On social media, intergenerational warfare is commonplace, as members of gen Z (those born between the mid-90s and the early 10s) criticise older people for hoarding wealth, while baby boomers bemoan the perceived sensitivity of the younger generation.
But what would happen if baby boomers gave the TikToking young adults of today an insight into their thinking – and threw some life advice into the bargain? To that end, we assembled a panel of baby boomers – Tayo Idowu, 64, a marketing director from London; Liz Richards, 68, a retired nurse from Derby; Paul Gibson, 63, an accountant from Arundel, West Sussex; and Maggie Tata, 65, a carer from London – to answer gen Z’s questions (even the tongue-in-cheek ones).
Continue reading...Wade can tell you the best pram for a tall parent; Matthew knows which cleaner has superior suction power. But how do you become a respected reviewer on the wild west of the internet?
Once a month, every month, more than 8,000 strangers pay James Hoffmann a total of £16,263 so he can go out and buy coffee machines. Hoffmann, 41, from London, is an author, business owner, coffee connoisseur and, above all, a YouTuber: more than 900,000 people subscribe to his channel, on which he discusses everything to do with beans and brewing. Around a third of Hoffmann’s videos are product reviews: grinders, espresso machines, storage canisters and filters have all been scrutinised by him.
Hoffmann’s monthly £16,000 comes from Patreon, a membership platform that allows fans to pay creators a regular fee. The money is intended to keep him impartial: it enables him to buy machines to review directly – just like you or me – instead of getting them on loan from brands.
Continue reading...Experts warn of danger of untraceable funds if companies accepting payments in cryptos go bust
The government could face “limitless” losses as a result of businesses that accept payments in untaxed and untraceable cryptocurrencies going bust, an insolvency expert has warned.
A growing number of companies, including the ethical cosmetics firm Lush and office-sharing firm WeWork, have begun taking payments for goods and services in cryptocurrencies such as bitcoin, alongside debt, credit or cash.
Continue reading...Left holding the can as your bosses jet off for the summer? Experts explain how to get the best out of it – from avoiding overwhelm to taking the chance to shine
We are approaching the summer holidays, a time when – for those of us still at our desks – workloads increase and responsibilities can soar. Here is some expert advice on how to survive and thrive when you’re the one left behind.
Continue reading...She always loved reading. So at 65, when Carole-Ann Warburton finally opened her own shop, she had 8,000 books ready to fill it
All her life, Carole-Ann Warburton kept a little hope glowing at the back of her mind. “You’re living your life. And every now and then you think: ‘I have a dream.’” Warburton’s dream was to work in a bookshop.
It took an experience of terrifying disorientation to find her way to it.
Continue reading...Most are built for middle-class professionals rather than oligarchs, with trend raising flood concerns
With their underground swimming pools, cinemas and art galleries, London’s luxury basement developments have long provoked envy and disgust as depositories for the hidden wealth of the super-rich.
But a study that has mapped all the 7,328 basements approved by 32 boroughs and the City of London between 2008 and 2019 has found that the majority of these developments were built for middle-class professionals rather than oligarchs, with the researchers saying they have become as normal as loft conversions.
Continue reading...I spent 30 years as a journalist before deciding to become a secondary school teacher. While a complete career change is rare, it is one of the best moves I ever made
I had my first midlife crisis in 2006. It started at 7am on a cold January morning when my mother got out of bed, made herself a cup of tea, had an aneurysm and died.
I was a 46-year-old married newspaper columnist with four children, who appeared to be living a more than satisfactory life. But as the sudden axe of grief fell, I looked at my career, which was going better than I’d ever thought possible, and thought: I don’t want this any more.
Continue reading...Demand for fertility preservation has ballooned in the last decade. New research by Monash suggests many are happy for their employer to pay for it
Last year, while working from home as a result of the Covid pandemic, Emily went through the process of freezing her eggs.
It was something the 26-year-old Australian had been interested in for several years, but she made the decision to undergo the procedure when her company introduced it as an employee benefit.
Continue reading...