Author Archives: andrew gurnham

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March Business Health News from Company Pulse

Category : Newsletters

P – People + Processes

EU migrants say UK employers have been ‘very poor’ on Brexit support
People Management 29 March 2018
More than a third of EU citizens working in the UK say their employer has been ‘very poor’ in answering their questions and providing support around Brexit, according to an exclusive People Management poll and almost half are making plans to leave the country.
Read more: https://www.peoplemanagement.co.uk/news/articles/eu-migrants-uk-employers-poor-brexit-support

Pay rises are accelerating and the labour market is still roaring
EEF 22 March 2018
EEF’s Pay Bulletin has seen a quite sustained growth in manufacturing wages in the last few months. Annual three-month average growth between 2.2% and 2.5% has been recorded in the last six months with an extremely low number of pay freezes and deferrals.
Read more: https://www.eef.org.uk/campaigning/news-blogs-and-publications/blogs/2018/mar/pay-rises-are-accelerating-and-the-labour-market-is-still-roaring

Spotlight on apprenticeships highlights role of levy on training investment
Chartered Institute of Personnel and Development 9 March 2018
National Apprenticeship Week 2018 highlights some great work. But reform of the apprenticeship levy is needed for more progress on skills.
Read more: https://www.cipd.co.uk/news-views/news-articles/national-apprenticeship-week

U – Utilisations + Outcomes

Private sector growth slows in quarter to March
Confederation of British Industry 29 March 2018
Growth in the UK’s private sector slowed in the three months to March, according to the latest CBI Growth Indicator.
Read more: http://www.cbi.org.uk/news/private-sector-growth-slows-in-quarter-to-march/

Looking at manufacturing output from a different angle
EEF 29 March 2018
GDP growth in the last quarter of 2018 was confirmed by the ONS at 0.4%. 2017 annual growth was slightly revised up to 1.8%. Business investment was also revised up by 0.3%. Now, let’s see these numbers in another way.
Read more: https://www.eef.org.uk/campaigning/news-blogs-and-publications/blogs/2018/mar/looking-at-manufacturing-output-from-a-different-angle

Small business confidence bounces back as economic forecasts lift
Federation of Small Businesses 27 March 2018
Confidence among small UK firms is rebounding against a backdrop of lower inflation, progress on Brexit talks and a positive Spring Statement, according to the latest FSB Small Business Index.
Read more: https://www.fsb.org.uk/media-centre/press-releases/small-business-confidence-bounces-back-as-economic-forecasts-lift

L – Logistics + Infrastructure

Manufacturers agree: They need more cyber-security support
EEF 27 March 2018
Manufacturers understand cyber-security is a serious threat to businesses of all sizes, but often feel unprepared for tackling the challenge of safeguarding their organisation.
Read more: https://www.eef.org.uk/about-eef/media-news-and-insights/blogs/2018/mar/manufacturers-agree-they-need-more-cyber-security-support

Big Northern and Midlands cities outperforming rest of country
Centre for Cities 21 March 2018
A new report reveals the scale of urban transformation in big Northern and Midlands cities over recent decades and shows that the number of people living and working in Manchester, Leeds and Birmingham city centres has soared in comparison to other cities across the country.
Read more: http://www.centreforcities.org/press/major-northern-midlands-cities-outperforming-rest-country-attracting-jobs-residents-city-centres-action-needed-protect-commercial-space-driving-growth/

BCC launches ‘No More Not Spots’ campaign
British Chambers of Commerce 20 March 2018
The UK’s leading business group is launching a campaign that will bring together business communities and those involved in delivering coverage to identify coverage challenges and work through solutions to improve poor mobile coverage.
Read more: http://www.britishchambers.org.uk/press-office/press-releases/bcc-launches-%E2%80%98no-more-not-spots%E2%80%99-campaign.html

S – Strategy + Finance

Trade and skills top of small business wish list as Brexit countdown hits one year
Federation of Small Businesses 29 March 2018
With a year left on the Brexit clock, small businesses are urging the Government to agree the future economic partnership with the EU. According to FSB research, the EU single market is a priority trading bloc with 63% of small firms wanting to see a trade deal prioritised with the EU.
Read more: https://www.fsb.org.uk/media-centre/press-releases/trade-and-skills-top-of-small-business-wish-list-as-brexit-countdown-hits-one-year

Consumers already paying the price of Brexit twelve months ahead of official separation
Chartered Institute of Procurement and Supply 20 March 2018
Brexit uncertainty is causing businesses to pass the increase in costs incurred as a result of supply chain challenges on to consumers, according to new research from CIPS – nearly one third of UK businesses have increased their prices as a result of Brexit.
Read more: https://www.cips.org/en-gb/news/news/consumers-already-paying-the-price-of-brexit-twelve-months-ahead-of-official-separation-/

UK economy remains subdued despite uplift from strong global growth
British Chambers of Commerce 19 March 2018
The BCC has upgraded its growth expectations for the UK economy, raising its forecast for GDP from 1.1% to 1.4% in 2018 and from 1.3% to 1.5% for 2019, and its first forecasts for 2020 is for 1.6% growth.
Read more: http://www.britishchambers.org.uk/press-office/press-releases/bcc-forecast-uk-economy-remains-subdued-despite-uplift-from-strong-global-growth.html

E – Ethos + Relationships

Gender pay gap: multiple firms submit questionable data
The Guardian 29 March 2018
The equalities watchdog has insisted it will pursue companies that submit inaccurate figures on their gender pay gaps after multiple firms appeared to file questionable information as some firms have entered zero in all fields or claimed mathematically impossible gaps.
Read more: https://www.theguardian.com/news/2018/mar/29/gender-pay-gap-several-firms-submit-questionable-data

Use of legal measures to silence workplace harassment victims more widespread
People Management 29 March 2018
A parliamentary panel heard evidence on how the use of non-disclosure agreements to silence employees from speaking out about workplace sexual harassment had become endemic – with some former employees only now starting to speak about them
Read more: https://www.peoplemanagement.co.uk/news/articles/legal-measures-silence-workplace-harassment-widespread

Engaging with staff on workplace pensions ‘fundamental’ to successful retirements
Confederation of British Industry 27 March 2018
Offering high-quality workplace pensions is critical to successful businesses and retirements, but more workers and firms need to ‘open their eyes’ to the benefits of pensions and be alert to the risks of failing to engage.
Read more: http://www.cbi.org.uk/news/engaging-with-staff-on-workplace-pensions-fundamental-to-successful-retirements/

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February Business Health News from Company Pulse

Category : Newsletters

P – People + Processes

Permanent job placements increase 10 per cent as contractor numbers fall
People Management 27 February 2018
The Association of Professional Staffing Companies and Staffing Industry Analysts’ Professional recruitment trends report finds a ‘clear split’ in demand for professionals across sectors, with financial services leading the way.
Read more: https://www.peoplemanagement.co.uk/news/articles/job-placements-increase-contractors-fall

Wage growth accelerates
EEF 22 February 2018
ONS figures for the three months to December show an annual nominal increase of 2.5% for regular pay in the whole economy and a 2.7% increase for the manufacturing sector. These are the highest increases since December and August 2016 respectively.
Read more: https://www.eef.org.uk/campaigning/news-blogs-and-publications/blogs/2018/feb/wage-growth-accelerates

More selfies? UK self-employment continues to rise
Chartered Institute of Personnel and Development 1 February 2018
A new CIPD megatrends report, “More Selfies? Self-Employment in the UK”, has revealed a significant recent rise in the proportion of UK individuals working for themselves, with 1 in 7 UK workers now self-employed.
Read more: https://www.cipd.co.uk/news-views/news-articles/uk-self-employment-rise

U – Utilisations + Outcomes

Services sector sees strong growth at start to year
Confederation of British Industry 26 February 2018
Business volumes in the services sector grew strongly in the three months to February, with both business/professional services and consumer services firms seeing a rise in profits for the first time since November 2015, according to the latest quarterly CBI Services Sector Survey.
Read more: http://www.cbi.org.uk/news/services-sector-sees-strong-growth-at-start-to-year/

Manufacturing output growth remains robust in three months to February
Confederation of British Industry 20 February 2018
Manufacturing order books and export order books remained well above their long run average, according to the latest monthly CBI Industrial Trends Survey.
Read more: http://www.cbi.org.uk/news/manufacturing-output-growth-remains-robust-in-three-months-to-february/

Activity growth softens in January amid subdued inflows of new work
Chartered Institute of Procurement and Supply 5 February 2018
January IHS Markit / CIPS UK Services PMI® data pointed to a slowdown in growth of services activity across the UK, which stemmed from relatively weak gains in new work. Job creation nonetheless picked up as companies retained positive expectations surrounding the outlook.
Read more: https://www.cips.org/en-gb/news/news/activity-growth-softens-in-january-amid-subdued-inflows-of-new-work/

L – Logistics + Infrastructure

Firms failing to learn from cyber attacks
Computer Weekly 28 February 2018
Organisations are failing to learn from cyber attacks, and lax security practices are leaving organisations worldwide open to damaging cyber attacks, a report reveals.
Read more: http://www.computerweekly.com/news/252435869/Firms-failing-to-learn-from-cyber-attacks

Automation: Beyond the factory floor
The Manufacturer 21 February 2018
Automation is not just about robot welders. Helen Saunders discusses the current and future stages of business automation away from the production line.
Read more: https://www.themanufacturer.com/articles/automation-beyond-factory-floor/

Gardening leave: why are offices turning into botanical spaces?
Guardian Small Business Network 19 February 2018
Amazon has built treehouses in its offices and Microsoft employees work in the woods. Companies reveal why they are using plants to boost productivity.
Read more: https://www.theguardian.com/small-business-network/2018/feb/19/gardening-leave-why-are-offices-turning-into-botanical-spaces

S – Strategy + Finance

Overall demand for finance remains weak among small businesses
British Business Bank 20 February 2018
BBB’s 2018 Small Business Finance Markets report reveals that equity and alternative finance demonstrate strong growth while bank lending volumes remain relatively flat.
Read more: https://british-business-bank.co.uk/latest-british-business-bank-research-reveals-equity-alternative-finance-growing-strongly-overall-demand-finance-remains-weak-among-small-businesses/

Small firms urge tax reform as they lose £5,000 and 15 working days a year to compliance
Federation of Small Businesses 19 February 2018
Taxing Times, a report from the FSB, highlights the many hurdles small businesses face when trying to pay taxes. Almost half say determining the tax rates at which they’re required to pay is a challenge. Four in ten find exemptions confusing.
Read more: https://www.fsb.org.uk/media-centre/press-releases/small-firms-urge-tax-reform-as-they-lose-5-000-and-15-working-days-a-year-to-compliance

Prospects for the UK economy
National Institute of Economic and Social Research 7 February 2018
The economy has strengthened in the second half of 2017. Activity has been supported by the weaker exchange rate and by a buoyant global economy. These two factors have helped rebalance the UK economy away from domestic growth and towards net trade.
Read more: https://www.niesr.ac.uk/media/press-release-prospects-uk-economy-13236

E – Ethos + Relationships

Businesses and public ‘strongly support’ keeping EU workers’ rights after Brexit
People Management 26 February 2018
Brits are strongly in favour of retaining EU employment laws and regulations after the UK leaves the European Union, according to a new survey, conducted on behalf of the Institute for Public Policy Research.
Read more: https://www.peoplemanagement.co.uk/news/articles/businesses-public-support-eu-workers-rights-brexit

Creating new business models with consumer behaviour data
The Manufacturer 23 February 2018
Supply chain director for snack company graze talks about how a new way of dealing with data has helped the company to create a disruptive and unique business model.
Read more: https://www.themanufacturer.com/articles/creating-new-business-models-with-consumer-behaviour-data/

Report calls for employers to understand health and safety risks of modern work
People Management 22 February 2018
A new report by the British Safety Council has examined the health and safety risks of the future workplace, urging employers to assess and improve their and their employees’ understanding of the dangers of new technologies and the future skills required for work.
Read more: https://www.peoplemanagement.co.uk/news/articles/employers-understand-health-safety-risks-modern-work

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