Connect with us

News

41% of UK Workforce Now Works from Home, Hybrid Model Grows, ONS Data Shows

Published

on

Recent data from the Office for National Statistics (ONS) reveals that 41% of the British workforce now works from home at least part of the week, with 28% adopting a hybrid model and 13% working remotely full-time.

The shift to remote and hybrid work reflects a changing work landscape, with 44% of workers still commuting daily. Jobs that require physical presence, such as those in retail, healthcare, and construction, have kept many workers on-site. However, the ONS predicts that hybrid working is likely to remain common, especially for older workers, highly educated individuals, and parents.

The data also highlights a significant demographic divide in remote work patterns. Among workers aged 30 and above, 29% follow a hybrid model, while only 19% of younger workers aged 16-29 do the same. Parents are more likely to work from home part-time, with 35% of working parents adopting a hybrid schedule. Interestingly, more fathers (37%) than mothers (33%) take advantage of hybrid working arrangements.

Education also plays a key role in the adoption of hybrid working. The ONS found that workers with a degree are ten times more likely to work in a hybrid model than those without qualifications, with 42% of degree-holders working part-time from home compared to just 4% of non-degree holders.

The trend towards hybrid work is especially pronounced in sectors like IT and professional services, where remote-friendly roles are more prevalent. In fact, nearly half of senior managers and directors now follow a hybrid work schedule. However, critics argue that the shift to remote work may limit opportunities for younger staff to receive mentorship and guidance from more experienced colleagues, which is often more accessible in office settings.

The personal benefits of working from home are also evident in the data. On average, remote workers save 56 minutes on commuting each day. Many employees use this extra time for additional rest, with 24 minutes more spent in bed and 15 minutes of extra exercise, according to ONS surveys.

Despite these advantages, company leaders are reconsidering the future of remote work. A recent study by KPMG found that most CEOs plan to return to pre-pandemic office arrangements by 2027, suggesting that the long-term balance between flexibility and in-office collaboration remains uncertain for many businesses in the UK.

News

Amazon MGM Takes Creative Reins of James Bond Franchise Amid Casting Buzz

Published

on

By

In a landmark shift for the James Bond franchise, Amazon MGM has partnered with long-time producers Michael G. Wilson and Barbara Broccoli to oversee the future of 007. While all three entities retain co-ownership of the Bond intellectual property, Amazon MGM will now lead creative decisions, marking a significant departure from its previously limited role.

The move follows Amazon’s $8.5 billion acquisition of MGM in 2021, which granted it partial ownership but little say in the franchise’s artistic direction. With Daniel Craig’s departure after 2021’s No Time to Die, speculation about the next James Bond has intensified. Jeff Bezos, Amazon’s founder and executive chairman, fueled the debate by asking his followers on social media platform X, “Who’d you pick as the next Bond?” The overwhelming response highlighted British actor Henry Cavill as a fan favorite. Known for roles in Superman, The Witcher, and Mission: Impossible – Fallout, Cavill previously auditioned for the role in 2006’s Casino Royale but lost to Daniel Craig. Director Martin Campbell praised Cavill’s audition but deemed him too young at the time. Now in his early forties, Cavill’s age could be a factor if long-term commitments are considered.

Daniel Craig acknowledged Wilson and Broccoli’s contributions, telling Variety, “My respect, admiration, and love for Barbara and Michael remain constant and undiminished.” With Wilson stepping back and Broccoli expected to reduce her involvement, Amazon MGM gains greater creative control, raising questions about the franchise’s future direction.

Fan speculation continues to swirl around Cavill, alongside other contenders like Taron Egerton, Tom Hardy, and Idris Elba. While Amazon MGM has yet to announce a timeline or reveal casting decisions, industry watchers anticipate a new era that may extend beyond traditional films, potentially including spin-offs, series, and streaming exclusives. As the studio reshapes Bond’s future, audiences worldwide eagerly await the next chapter in the iconic spy saga.

Continue Reading

News

Global Hiring Slump Marks Longest Downturn in Decades, Says Hays CEO

Published

on

By

The global job market is experiencing its longest downturn in over 20 years, according to Dirk Hahn, CEO of Hays, Britain’s largest listed recruitment firm. Hahn attributes the slump to ongoing macroeconomic uncertainty, which is deterring both employers and job seekers from making moves.

Hays, which employs nearly 7,000 consultants worldwide, reported weaker demand for temporary workers in early 2025, while demand for permanent roles—particularly in Europe—remains sluggish following a pre-Christmas dip. Countries such as France, the UK, Ireland, and Germany, Hays’s largest market, are feeling the pressure most acutely.

In the six months leading up to December, Hays reported a 15% drop in group net fees, falling to £496 million from £583.3 million the previous year. Pre-tax profits fell sharply by 67% to £9.1 million, compared to £27.6 million during the same period the prior year. Hays’s share price, already down 25% over the past year, dipped a further 1.8% on Thursday, closing at 71¾p and placing the company’s market value just below £1.2 billion. Despite declining profits, the company will maintain its interim dividend at 0.95p per share.

While the broader UK labor market has shown resilience with limited mass layoffs, businesses remain cautious about expanding their workforce. “Most companies have enough work to retain their current staff, but they’re not looking to increase headcount,” said James Hilton, Hays’s chief financial officer. “Many employees who received pay increases in recent years are not seeking new roles, creating a stalemate. However, over time, people will seek promotions or fresh challenges.”

Recruiters had anticipated a market recovery earlier this year, but Hahn now warns that the rebound may not materialize until 2026. In the meantime, Hays is focusing on its technology recruitment division—its most profitable segment—as it navigates the prolonged global hiring slowdown.

Continue Reading

News

UK Government Reports Lower-Than-Expected Budget Surplus in January

Published

on

By

The UK government reported a budget surplus of £15.4 billion in January, falling short of economists’ forecasts of £21 billion and the £19 billion predicted by the Office for Budget Responsibility (OBR). Despite January typically seeing a boost from self-assessment tax payments, the lower-than-expected figure has increased total borrowing for the financial year to £118.2 billion—over £11 billion more than the previous year.

The government’s debt-to-GDP ratio now stands at 95.3 per cent, a level last observed in the 1960s. With the OBR set to release updated forecasts on March 26, there are concerns that the government may struggle to meet its goal of reducing the debt ratio by 2029. This could lead to potential spending cuts or tax hikes in the autumn budget.

Reduced debt-servicing costs helped boost January’s surplus, dropping from £9 billion in December to £6.5 billion. However, this was partially offset by a £6 billion one-off expense related to the government’s repurchase of military housing from private firm Annington.

Darren Jones, chief secretary to the Treasury, emphasized the government’s commitment to “economic stability and meeting our non-negotiable fiscal rules.” He also noted that a comprehensive spending review—the first of its kind in 17 years—is underway to ensure that public funds are used efficiently and aligned with national priorities.

 

Continue Reading

Trending