But as much of the workforce split their time between the office and home, it’s not a simple case of installing more energy-saving lightbulbs and solar panels anymore. Sure, many could drastically cut their tech stack, such as moving from on-premise to the Cloud, but employees still need the tools to do their jobs. Waging […]
It can certainly be said that businesses have had to face a very significant level of economic turmoil in recent years. The Covid-19 pandemic along with its long-enforced lockdowns was an enormous challenge for all industries, but this was only compounded by further problems such as the Russian invasion of Ukraine and an unsteady political […]
The move comes after Musk warned earlier this month that he has a “super bad feeling” about the economy amid record-high inflation. In a memo to executives, titled “pause all hiring worldwide”, Musk said that around 10% of jobs at Tesla need to be cut, though he added that the company would be increasing hourly […]
Following two years of economic turmoil triggered by the pandemic, many companies would have thought the worst was behind them. Yet 2022 has thrown a new wave of challenges which undermines the productivity, growth, and ultimately, survival of UK firms. With inflation rising up to 9% - a 39-year high and recent figures displaying that […]
Now that authorities have been relaxing many of the restrictions that were in place due to the pandemic, many business leaders were hoping for calmer conditions, but the latest economic projections are alarming, to say the least. Stocks have already taken a major hit, with the S&P down 15% since the start of the year, […]
Amazon founder and former CEO Jeff Bezos has criticised the Biden Administration over spiralling US inflation. Turning to Twitter, Bezos wrote that it is the least affluent Americans who are suffering the most. Presently, US inflation is at a near 40-year high. “In fact, the administration tried hard to inject even more stimulus into an […]
The challenges facing businesses in 2022 are not primarily triggered by the pandemic. However, the pandemic has accelerated those challenges. This year, businesses have had to compete in a relentlessly volatile environment filled with uncertainties and risks, both of which are even greater for small and medium-sized enterprises. Omicron The Omicron COVID-19 variant engendered an […]
The UK’s economic recovery has got the vast majority of businesses concerned about inflation for the first time in at least a decade. The current CPI is set at 6.1% as of February 2022 but is expected to rise to 8% by the end of spring, leading to many businesses needing to reconsider their cash flow […]
Confidence among UK business leaders collapsed in March as Russia’s attack on Ukraine continued and rising costs and soaring inflation weighed heavily. This is according to a survey conducted by the Institute of Directors (IoD). The IoD found that over half (53%) of business leaders say that spiralling energy costs are exerting a negative impact […]
“We applaud the efforts the Chancellor has made to help out those most in need. But we are disappointed that the wider Government has done little or nothing within its powers to increase the underlying supply of goods, energy and skilled workers,” Next said. “It is important to recognise that Government interventions to ‘pay for’ […]
Since the turn of the decade, business has been blighted by deep, enduring disruption. 2022 is likely to be awash with yet more unpredictability, as the world continues to navigate a post-pandemic landscape. If the past two years have taught us anything, it’s to be prepared for everything. To this end, data can be a […]
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