Thought leadership

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Mixed reaction as chancellor promises more funding for AI Robotics and driverless cars in budget

Funding for research into robotics and a next-generation 5G mobile network, has been announced by Chancellor Philip Hammond as part of his Budget. He also promised more money to support the development of driverless cars and electric vehicle batteries. The funds for the hi-tech research come from the National Productivity Investment Fund (NPIF), which was announced by the […]

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UK budget reveals forecast of further cuts in productivity and growth

Growth forecasts for the UK economy have been cut sharply following changes to estimates of productivity and business investment. The Office for Budget Responsibility (OBR) now expects the economy to grow by 1.5% this year, down from the estimate of 2% it made in March. Growth, it says, will drop to 1.3% by 2020 and […]

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Boosting skills will drive growth and productivity says OECD

The United Kingdom has record-high employment levels and very low jobless rates compared to most OECD countries. However, labour productivity growth remains weak and the job prospects of many adults are hurt by their poor literacy and numeracy skills. To boost growth, productivity and earnings, the UK should encourage lifelong learning among adults and promote […]

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Uber in yet more hot water for hiding security breach that exposed details of 57 million customers

The UK’s information commissioner has “huge concerns about Uber’s data policies and ethics” following a breach that exposed the details of 57 million customers and drivers. Uber did not tell anyone about the breach and paid a ransom to hackers to delete the data. Deputy commissioner James Dipple-Johnson said these actions were unacceptable. The ride-sharing company […]

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Over 50s more likely to be out of work than any other age group

The over-50s are more likely to be out of work than other age groups and to struggle to get another job, according to new research. Nearly a third of 50 to 65-year-olds are unemployed, about 3.6 million people, the charity the Centre for Ageing Better said. About a million of them had to leave jobs […]

43260446 - varna, bulgaria - may 25, 2015: uber application startup page on the apple iphone 5s display in female hand. blurred street view with car and flare sun light on the background.

MPs accuse firms in the so called gig economy of exploiting loopholes in employment law

Firms in the “gig economy” are exploiting loopholes in employment law leaving workers worse off, say MPs. Minicab drivers and delivery riders face an “unacceptable burden” of having to prove they are “workers” not self-employed, two Commons committees say. They suggest that companies should be fined if they falsely classify workers and deny them benefits. […]

65909336 - easyjet a320-214 narrow-body passenger plane (g-ezpc) taxiing on manchester international airport tarmac.

EasyJet to buy part of insolvent Air Berlin, saving 1000 jobs

EasyJet has confirmed a €40m (£35m) deal with Air Berlin to buy part of the insolvent German airline’s operations, in a move that will secure 1,000 jobs. EasyJet will buy some of the company’s assets at Berlin Tegel Airport, including landing slots as well as leases for up to 25 A320 aircraft. The UK airline […]