The economy of the United Kingdom is expected to fall by 35 percent in the second quarter of 2020, following the Coronavirus outbreak and closure of several businesses. According to the forecast the economy will bounce back in the third quarter of 2020, based on a scenario where the lockdown lasts for three months, with social distancing gradually phased out over a subsequent three-month period.
Across the United States, the United Kingdom, Germany, and the European Union, gross domestic products (GDP) decreased in 2020 as a result of the COVID-19 pandemic. However, by 2021, growth rates were positive in all four areas again. The United Kingdom, Germany, and the European Union all experiencing slow economic growth in 2023 amid high inflation, with Germany even seeing an economic recession. GDP and its components GDP refers to the total market value of all goods and services that are produced within a country per year. It is composed of government spending, consumption, business investments and net exports. It is an important indicator to measure the economic strength of a country. Economists rely on a variety of factors when predicting future performance of the GDP. Inflation rate is one of the economic indicators providing insight into the future behavior of households, which make up a significant proportion of GDP. Projections are based on the past performance of such information. Future considerations Some factors can be more easily predicted than others. For example, projections of the annual inflation rate of the United States are easy to come by. However, the intensity and impact of something like Brexit is difficult to predict. Moreover, the occurrence and impact of events such as the COVID-19 pandemic and Russia's war in Ukraine is difficult to foresee. Hence, actual GDP growth may be higher or lower than the original estimates.
The UK economy shrank by 0.1 percent in January 2025 after growing by 0.4 percent in December. Since a huge decline in GDP in April 2020, the UK economy has gradually recovered and is now around 3.4 percent larger than it was before the COVID-19 pandemic. After the initial recovery from the pandemic, however, the UK economy has effectively flatlined, fluctuating between low growth and small contractions since January 2022. Labour banking on growth to turn around fortunes in 2025 In February 2025, just over half a year after winning the last general election, the approval rating for the new Labour government fell to a low of -48 percent. Furthermore, the Prime Minister, Keir Starmer was not only less popular than the new Conservative leader, Kemi Badenoch, but also the leader of the Reform Party, Nigel Farage, whose party have surged in opinion polls recently. This remarkable decline in popularity for the new government is, in some part, due to a deliberate policy of making tough decisions early. Arguably, the most damaging of these policies was the withdrawal of the winter fuel allowance for some pensioners, although other factors such as a controversy about gifts and donations also hurt the government. While Labour aims to restore the UK's economic and political credibility in the long term, they will certainly hope for some good economic news sooner rather than later. Economy bounces back in 2024 after ending 2023 in recession Due to two consecutive quarters of negative economic growth, in late 2023 the UK economy ended the year in recession. After not growing at all in the second quarter of 2023, UK GDP fell by 0.1 percent in the third quarter, and then by 0.3 percent in the last quarter. For the whole of 2023, the economy grew by 0.4 percent compared to 2022, and for 2024 is forecast to have grown by 1.1 percent. During the first two quarters of 2024, UK GDP grew by 0.7 percent, and 0.4 percent, with this relatively strong growth followed by zero percent growth in the third quarter of the year. Although the economy had started to grow again by the time of the 2024 general election, this was not enough to save the Conservative government at the time. Despite usually seen as the best party for handling the economy, the Conservative's economic competency was behind that of Labour on the eve of the 2024 election.
The main aim of this work is to develop a set of high level macro economic scenarios for the medium-term (to the end of 2022) and for the long-term (to 2030) in order to inform the development of recovery strategies in London, reflecting unprecedented uncertainty on the economic outlook.
The primary scenario dimensions include Effectiveness/nature of public health response and Effectiveness/impact of economic support measures. Other scenario dimensions include: Brexit and migration; International economic context; Technology and innovation; Financial climate; Political economy; Economic Geography and GHG emissions.
This is an agile project - GLA Economics will continue to track actual data in order to review the assessment of the likelihood of alternative scenario outcomes. Successive updates will be released when they become available for the benefit of external stakeholders in tackling the COVID-19 crisis.
The United Kingdom's economy grew by 0.9 percent in 2024, after a growth rate of 0.4 percent in 2023, 4.8 percent in 2022, 8.6 percent in 2021, and a record 10.3 percent fall in 2020. During the provided time period, the biggest annual fall in gross domestic product before 2020 occurred in 2009, when the UK economy contracted by 4.6 percent at the height of the global financial crisis of the late 2000s. Before 2021, the year with the highest annual GDP growth rate was 1973, when the UK economy grew by 6.5 percent. UK economy growing but GDP per capita falling In 2022, the UK's GDP per capita amounted to approximately 37,371 pounds, with this falling to 37,028 pounds in 2023, and 36,977 pounds in 2024. While the UK economy as a whole grew during this time, the UK's population grew at a faster rate, resulting in the negative growth in GDP per capita. This suggests the UK economy's struggles with productivity are not only stagnating, but getting worse. The relatively poor economic performance of the UK in recent years has not gone unnoticed by the electorate, with the economy consistently seen as the most important issue for voters since 2022. Recent shocks to UK economy In the second quarter of 2020, the UK economy shrank by a record 20.3 percent at the height of the COVID-19 pandemic. Although there was a relatively swift economic recovery initially, the economy has struggled to grow much beyond its pre-pandemic size, and was only around 3.1 percent larger in December 2024, when compared with December 2019. Although the labor market has generally been quite resilient during this time, a long twenty-month period between 2021 and 2023 saw prices rise faster than wages, and inflation surge to a high of 11.1 percent in October 2022.
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This page is no longer updated. It has been superseded by the Business insights and impacts on the UK economy dataset page (see link in Notices). It contains comprehensive weighted datasets for Wave 7 onwards. All future BICS datasets will be available there. The datasets on this page include mainly unweighted responses from the voluntary fortnightly business survey, which captures businesses’ responses on how their turnover, workforce prices, trade and business resilience have been affected in the two-week reference period, up to Wave 17.
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The economic landscape of the United Kingdom has been significantly shaped by the intertwined issues of Brexit, COVID-19, and their interconnected impacts. Despite the country’s robust and diverse economy, the disruptions caused by Brexit and the COVID-19 pandemic have created uncertainty and upheaval for both businesses and individuals. Recognizing the magnitude of these challenges, academic literature has directed its attention toward conducting immediate research in this crucial area. This study sets out to investigate key economic factors that have influenced various sectors of the UK economy and have broader economic implications within the context of Brexit and COVID-19. The factors under scrutiny include the unemployment rate, GDP index, earnings, and trade. To accomplish this, a range of data analysis tools and techniques were employed, including the Box-Jenkins method, neural network modeling, Google Trend analysis, and Twitter-sentiment analysis. The analysis encompassed different periods: pre-Brexit (2011-2016), Brexit (2016-2020), the COVID-19 period, and post-Brexit (2020-2021). The findings of the analysis offer intriguing insights spanning the past decade. For instance, the unemployment rate displayed a downward trend until 2020 but experienced a spike in 2021, persisting for a six-month period. Meanwhile, total earnings per week exhibited a gradual increase over time, and the GDP index demonstrated an upward trajectory until 2020 but declined during the COVID-19 period. Notably, trade experienced the most significant decline following both Brexit and the COVID-19 pandemic. Furthermore, the impact of these events exhibited variations across the UK’s four regions and twelve industries. Wales and Northern Ireland emerged as the regions most affected by Brexit and COVID-19, with industries such as accommodation, construction, and wholesale trade particularly impacted in terms of earnings and employment levels. Conversely, industries such as finance, science, and health demonstrated an increased contribution to the UK’s total GDP in the post-Brexit period, indicating some positive outcomes. It is worth highlighting that the impact of these economic factors was more pronounced on men than on women. Among all the variables analyzed, trade suffered the most severe consequences in the UK. By early 2021, the macroeconomic situation in the country was characterized by a simple dynamic: economic demand rebounded at a faster pace than supply, leading to shortages, bottlenecks, and inflation. The findings of this research carry significant value for the UK government and businesses, empowering them to adapt and innovate based on forecasts to navigate the challenges posed by Brexit and COVID-19. By doing so, they can promote long-term economic growth and effectively address the disruptions caused by these interrelated issues.
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UK IT Services Market size was valued at USD 105.14 Billion in 2024 and is projected to reach USD 180.65 Billion by 2032, growing at a CAGR of 7% from 2025 to 2032.
UK IT Services Market Dynamics
The key market dynamics that are shaping the UK IT services market include:
Key Market Drivers
Digital Transformation Acceleration Post-COVID: The pandemic has dramatically accelerated digital transformation initiatives across UK businesses, creating sustained demand for IT services. According to the Office for National Statistics (ONS), the percentage of UK businesses using cloud computing services increased from 42% in 2020 to 53% in 2023, with enterprise spending on digital transformation reaching USD 66.46 billion in 2023. The UK government’s “Digital Strategy” initiative has further committed USD 3.23 billion in digital skills training through 2025 to support this transformation.
The United States has had the highest economic growth in the G7 since the start of the COVID-19 pandemic, with its economy 5.4 percent larger in the first quarter of 2023, when compared with the fourth quarter of 2019. By contrast, the United Kingdom and Germany have both seen their economies shrink by 0.5 percent in the same time period.
This dataset pertains to a research project investigating the social, cultural, and economic consequences of COVID19 on independent arts workers, specifically in the theatre sector, across England, Scotland, Wales, and Northern Ireland. The project recognised the unique vulnerability of this workforce in dealing with the impact of COVID19. Their workplaces closed overnight and their sector transformed as theatres moved to digital delivery, and their employment status (freelance) made them ineligible for the UK government’s Coronavirus Job Retention Scheme. The motivation of the project was to understand: the employment experiences of this workforce during the first 18 months of the pandemic; how the pandemic affected their planning for the future; how the pandemic changed their creative practices and skills; what impact government and sectoral policy had on the workforce; and to find strategies for government and industry to support this precarious workforce.
This data collection includes survey responses (n=397) to an online survey which ran from 23/11/2020 to 19/03/2021, and a database of policy events covering the period from the onset of the pandemic until 27/5/2022 (n=1353). This collection contains the survey data. The survey was run through the JISC surveys platform. It had 34 questions collecting a mixture of qualitative and quantitative data. Freeform text responses were alternated with multiple choice, multi-option and Likert scale. The survey captured data on theatre freelancers employment, emotional, and cultural experiences, the region(s) and setting(s) where they worked, and their age, gender identity, race, occupation(s).
COVID-19 threatens the performing arts; closures of theatres and outlawing of public gatherings have proven financially devastating to the industry across the United Kingdom and, indeed, the world. The pandemic has sparked a wide range of industry-led strategies designed to alleviate financial consequences and improve audience capture amidst social distancing. COVID-19 has affected all levels of the sector but poses an existential threat to freelancers--Independent Arts Workers (IAWs)--who make up 60% of industry workforce in the UK (EU Labour Force Survey 2017). The crisis has put a spotlight on the vulnerable working conditions, economic sustainability, mental wellbeing, and community support networks of IAWs. IAWs are often overlooked by the industry and researchers, however it is their very precarity that makes them pioneers of adaptability responsible for key innovation within the sector. IAWs may prove essential for the industry's regrowth post-COVID-19. An investigation is necessary into the impact of COVID-19 on IAWs and the wide-ranging creative solutions developing within the industry to overcome them.
There has been increasing pressure to gather 'robust, real-time data' to investigate the financial, cultural, and social potential long-term consequences of COVID-19 on the UK theatre industry. The impact of the pandemic on IAWs is particularly complex and wide-ranging. A TRG Arts survey stated that 60% of IAWs predict their income will 'more than halve in 2020' while 50% have had 100% of their work cancelled. Industry researchers from TRG Arts and Theatres Trust have launched investigations examining the financial impact of COVID-19 on commercial venues and National Portfolio Organisations, but there has been insufficient research into the consequences for IAWs (eg. actors, directors, producers, writers, theatre makers, technicians) and the smaller SMEs beyond income loss and project cancellation data. In May 2020, Vicky Featherstone of the Royal Court Theatre, stated the importance of support for the 'massive freelance and self-employed workforce' she believed has been 'taken for granted' by the industry. Our study fills this gap by capturing and analysing not only the economic impact, but the social and cultural transformations caused by COVID-19 by and for IAWs. We will compare regional responses across England, Wales, Northern Ireland and Scotland as well as variations across racial and socio-economic groups. Our aims are to document and investigate the impact of COVID-19 on IAWs, identify inequalities in the sector, investigate changes in the type of work produced post-COVID-19, and help develop strategies for how the sector can move forward from this crisis. We will investigate connections between the financial consequences of COVID-19 and creative strategies for industry survival including social support networks, communication initiatives between arts venues and IAWs, and the development of mixed-media work in the wake of the pandemic. Our study scrutinizes the economic, cultural, and social impact of COVID-19 on IAWs and the organisations that serve them with the aim of informing strategies for sector recovery.
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Prior to the Coronavirus (COVID-19) outbreak, the UK construction industry had posted growth of 1.8% for 2019 in real terms. However, with disruptions caused by the COVID-19 outbreak and the subsequent lockdown measures, the industry was severely impacted in 2020. According to the Office for National Statistics (ONS), the UK construction industry contracted by 12.5% year on year (YoY) in the third quarter of 2020 (the latest data available at the time of writing), following Y-o-Y declines of 38.2% in Q2 and 4.0% in Q1 2020. Read More
This project adopts two main research instruments - two online questionnaires (2 surveys of circa 1400 UK ‘new’ homeworkers each, June-July 2020 & Dec-February 2021). The second instrument is a series of semi-structed interviews (4 x Interviews with 80 ‘new’ homeworkers across UK, May 2020 – July 2021).
The COVID-19 outbreak has forced companies to embrace home-based working (HBW) at such speed that they have had little opportunity to consider the impact on their workers. It can be argued that the crisis has led to the most significant, intensive social experiment of digital, HBW that has ever occurred. The current situation, which involves the whole household being based at home, is an unprecedented challenge which may be at least an intermittent fixture, for the next eighteen months (BBC Futures, 25/03/20).
The press have suggested that this revolution might also offer an opportunity for many companies to finally build a culture that allows long-overdue work flexibility ... many employees for companies who have sent all staff home are already starting to question why they had to go into the office in the first place (The Guardian, 13/02/20). These optimistic takes on the current patterns of work focus on HBW's emancipatory potential, offering flexibility, the lubrication of work and family responsibilities and the promise of increased productivity. Yet, this new world order, where the home becomes a multi-occupational, multi-person workplace and school, not only challenges boundaries but also conceptions of the domestic space.
The impact of homeworking is likely to present significant variation depending on organisational support, the worker's role, socio-economic status, employment status, as well as household composition and size of living space. There are significant concerns regarding intensified HBW, including poor work-life balance, enhanced domestic tensions and disproportionately negative impacts on those in lower socio-economic groupings. Moreover, HBW increases the proportion of time women (most often) spend on housework and childcare, reproducing and reinforcing gender roles within the new 'work-space'
We will examine in-depth this radical shift in working arrangements and how it impacts on the wellbeing and productivity of workers and their households. Using a combination of in-depth interviews with sixty participants, representing the spectrum of this novel group of homeworkers, as well as a large-scale survey, this project (Working@Home) will provide unrivalled insights into the experience of home-working for the UK population and will serve as a permanent record of the lives of citizens in this unprecedented time.
The research will be key in understanding the expectations that organisations have placed on workers, as well as the robustness of support systems that have been put in place, taking into account the rapid advancement of home working systems with almost no preparation and only limited existing support structures or expertise. The findings will provide a benchmark for the resilience of both individuals and businesses and demonstrate the potential for the robustness of the infrastructure in the return to a 'new normal' after the crisis.
In order to ensure that the findings from the project are accessible to all, we are developing a website (workingathome.org.uk) that will host up to date information on the progress of the project, details of the project team, guidance for participants as well as information regarding our webinar series. The project aims to produce guidance to individuals, organisations and policy makers on how to best manage the ongoing medical emergency from a home-working perspective as well as providing guidance for any future pandemic scenario.
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This report provides an overview of the Impact of Covid-19 on the global duty free retailing which includes key trends, retailer reactions and post Covid-19 outlook. Read More
A recent analysis on the impact of Brexit suggests that in 2023, the United Kingdom's economy was 2.5 percent smaller than it would have been in a base scenario where the UK never left the EU. The estimated hit to the UK's gross domestic product (GDP) increases to three percent in 2024, and to 3.2 percent by 2025 in this forecast. UK economy starts 2024 strongly As of March 2024, the UK economy is approximately 2.6 percent larger than it was just before the COVID-19 pandemic, which delivered a sudden and severe economic shock to the country in early 2020. While the initial bounce back from this collapse was robust, the recovery slowed by the end of 2020, and it wasn't until late 2021 that the economy returned to its pre-pandemic size. Throughout 2022 and 2023, the economy continued to struggle, and even experienced a recession at the end of 2023. In the first quarter of 2024, however, the UK economy grew by 0.6 percent, the fastest quarterly growth since late 2021, and a potential sign that the UK economy has turned a corner. How voters feel about Brexit in 2024 Since the middle of 2021, a growing majority of voters in Britain have advised that they think Brexit was the wrong decision. As of May 2024, around 55 percent thought it was wrong to leave the EU, compared with just 43 percent in April 2021. By comparison, the share of Britons who think Brexit was the right decision has fallen from 46 percent to 31 percent in the same time period. Voters are, however, still quite divided on what relationship they want with the EU, with only 31 percent supporting rejoining completely. Furthermore, Brexit has fallen behind other issues for voters such as the economy, the NHS, and immigration and will play a much smaller role in the 2024 election than it did in 2019.
August 2024 marked a significant shift in the UK's monetary policy, as it saw the first reduction in the official bank base interest rate since August 2023. This change came after a period of consistent rate hikes that began in late 2021. In a bid to minimize the economic effects of the COVID-19 pandemic, the Bank of England cut the official bank base rate in March 2020 to a record low of 0.1 percent. This historic low came just one week after the Bank of England cut rates from 0.75 percent to 0.25 percent in a bid to prevent mass job cuts in the United Kingdom. It remained at 0.1 percent until December 2021 and was increased to one percent in May 2022 and to 2.25 percent in October 2022. After that, the bank rate increased almost on a monthly basis, reaching 5.25 percent in August 2023. It wasn't until August 2024 that the first rate decrease since the previous year occurred, signaling a potential shift in monetary policy. Why do central banks adjust interest rates? Central banks, including the Bank of England, adjust interest rates to manage economic stability and control inflation. Their strategies involve a delicate balance between two main approaches. When central banks raise interest rates, their goal is to cool down an overheated economy. Higher rates curb excessive spending and borrowing, which helps to prevent runaway inflation. This approach is typically used when the economy is growing too quickly or when inflation is rising above desired levels. Conversely, when central banks lower interest rates, they aim to encourage borrowing and investment. This strategy is employed to stimulate economic growth during periods of slowdown or recession. Lower rates make it cheaper for businesses and individuals to borrow money, which can lead to increased spending and investment. This dual approach allows central banks to maintain a balance between promoting growth and controlling inflation, ensuring long-term economic stability. Additionally, adjusting interest rates can influence currency values, impacting international trade and investment flows, further underscoring their critical role in a nation's economic health. Recent interest rate trends Between 2021 and 2024, most advanced and emerging economies experienced a period of regular interest rate hikes. This trend was driven by several factors, including persistent supply chain disruptions, high energy prices, and robust demand pressures. These elements combined to create significant inflationary trends, prompting central banks to raise rates in an effort to temper spending and borrowing. However, in 2024, a shift began to occur in global monetary policy. The European Central Bank (ECB) was among the first major central banks to reverse this trend by cutting interest rates. This move signaled a change in approach aimed at addressing growing economic slowdowns and supporting growth.
Conditions in the residential and commercial property markets heavily impacts revenue for removal services. Demand is also influenced by customers' willingness to spend on the range of extras specialist removal companies offer. Brexit led to an uptick in corporate relocations, with many multinational companies seeking to move from London to other places in Europe, with Dublin being the most popular location. The COVID-19 pandemic had a mixed impact on removal service providers. It initially led to a standstill in the housing market, with people opting to wait until they had greater certainty over their financial situation before moving house. However, government policies post-pandemic stimulated the housing market, like the National Planning Policy Framework, significantly ramped up demand for home removals, helping to prevent a complete collapse in profit. In terms of corporate relocations, the pandemic was a tough time for businesses, with an average of 48 retail, dining and hospitality outlets going out of business each day in 2020, according to the Local Data Company. These companies and the ones that would eventually replace them required moving services, helping to boost revenue. Residential transactions fell in 2023-24 as high borrowing costs dissuaded people from buying houses and companies from relocating, although subsiding inflation and interest rate cuts in 2024-25 expanded residential transactions, limiting this revenue dip. Over the five years through 2024-25, revenue is forecast to contract at a compound annual rate of 1.4% to reach £1.2 billion, despite being expected to climb by 1.2% in 2024-25. Looking forward, the UK's housing shortage presents a ceiling to revenue associated with home moving. Pent-up consumer demand to move homes when economic headwinds subside presents an opportunity for expanded growth. Profit will be constrained by investment into electric fleets and establishing online platforms, although this will bring long-term benefits, including greater contract winning. Over the five years through 2029-30, revenue is forecast to grow at a compound annual rate of 2.1% to reach just under £1.4 billion.
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The UK Arts Promoter Market, valued at XX million in 2025, is projected to expand at a CAGR of 7.00% from 2026 to 2033. The market's growth can be attributed to various drivers, including the increasing demand for live entertainment, the growing popularity of the arts among millennials, and the government's support for cultural initiatives. Key trends shaping the market include the rise of online ticketing platforms, the increasing use of social media to promote events, and the growing popularity of experiential marketing campaigns. However, the market's growth is restrained by factors such as the high cost of producing live events, the competition from other forms of entertainment, and the uncertainty surrounding the COVID-19 pandemic. The market is segmented based on production analysis, consumption analysis, import market analysis, export market analysis, and price trend analysis. Key companies operating in the market include David Wade, Quite Great, and Philip Mould. Recent developments include: In June 2023, Sulivan Sweetland merged with Maestro Arts. With this merger Sulivan Sweetland's team and artists came under the banner of Maestro Arts, creating a company of 20 based in the West Wing of Somerset House. Maestro Arts is an interdisciplinary agency providing strategic and comprehensive career management to an array of elite international artists., In August 2023, Sotheby's, the historic auction house owned by French billionaire Patrick Drahi, reported a significant decline in profits due to Brexit red tape. In 2022, their profits dropped to USD 88 million from USD 318 million in the previous year, representing a decrease of almost 75%. This decline was attributed to the challenges and complications brought about by Brexit.. Key drivers for this market are: United Kingdom Exists with the Finest Artist form with Global demand., Increase in Number of Art promotion and exhibition events.. Potential restraints include: Increase in regulation and taxation structure post Brexit., Steep Rise in UK Inflation Rate post covid. Notable trends are: Rising Share of Online Sales in Art Market.
The data collection consists of 40 qualitative interviews with Polish migrant essential workers living in the UK and 10 in-depth expert interviews with key stakeholders providing information and support to migrant workers in the UK. All migrant interviews are in Polish. Six of the expert interviews with key stakeholders are in English and four are in Polish. Fieldwork was conducted fully online during the Covid-19 pandemic between March and August 2021, following the third UK-wide Covid-19 lockdown. Restrictions were still in place in some localities. Interviews took place shortly after the end of the transition period concluding the UK’s European Union exit on 1 January 2021. All Polish migrant worker interviewees entered the UK before 1 January 2021 and had the option to apply to the EU Settlement Scheme.
The objectives of the qualitative fieldwork were to: 1. To synthesise empirical and theoretical knowledge on the short- and long-term impacts of COVID-19 on migrant essential workers. 2. To establish how the pandemic affected Polish migrant essential worker's lives; and expert interviews with stakeholders in the public and third/voluntary sector to investigate how to best support and retain migrant essential workers in COVID-19 recovery strategies. The project also involved: - co-producing policy outputs with partner organisations in England and Scotland; and - an online survey to measure how Polish migrant essential workers across different roles and sectors were impacted by COVID-19 in regard to health, social, economic and cultural aspects, and intentions to stay in the UK/return to Poland (deposited separately to University of Sheffield). Key findings included significant new knowledge about the health, social, economic and cultural impacts of Covid-19 on migrant essential workers. Polish essential workers were severely impacted by the pandemic with major mental health impacts. Mental health support was insufficient throughout the UK. Those seeking support typically turned to private (online) services from Poland as they felt they could not access them in the UK because of language or cultural barriers, lack of understanding of the healthcare system and pathways to mental health support, support being offered during working hours only, or fear of the negative impact of using mental health services on work opportunities. Some participants were in extreme financial hardship, especially those with pre-settled status or those who arrived in the UK during the pandemic. The reasons for financial strain varied but there were strong patterns linked to increased pressure at work, greater exposure to Covid-19 as well as redundancies, pay cuts and rejected benefit applications. There was a tendency to avoid applying for state financial support. These impacts were compounded by the sense of isolation, helplessness, or long-distance grief due to inability to visit loved ones in Poland. Covid-19 impacted most detrimentally on women with caring responsibilities, single parents and people in the health and teaching sectors. The most vulnerable Polish migrant essential workers - e.g. those on lower income, with pre-existing health conditions, restricted access to support and limited English proficiency - were at most risk. Discrimination was reported, including not feeling treated equally in the workplace. The sense of discrimination two-fold: as essential workers (low-paid, low-status, unsafe jobs) and as Eastern Europeans (frequent disciplining practices, treated as threat, assumed to be less qualified). In terms of future plans, some essential workers intended to leave the UK or were unsure about their future place of residence. Brexit was a major reason for uncertain settlement plans. Vaccine hesitancy was identified, based on doubts about vaccination, especially amongst younger respondents who perceived low risks of Covid-19 for their own health, including women of childbearing age, who may have worries over unknown vaccine side-effects for fertility. Interview participants largely turned to Polish language sources for vaccination information, especially social media, and family and friends in Poland. This promoted the spread of misinformation as Poland has a strong anti-vaccination movement.
COVID-19 has exposed the UK's socio-economic dependence on a chronically insecure migrant essential workforce. While risking their lives to offset the devastating effects of the pandemic, migrant workers reportedly find themselves in precarious professional and personal circumstances (temporary zero-hours contracts, work exploitation, overcrowded accommodation, limited access to adequate health/social services including Universal Credit). This project will investigate the health, social, economic and cultural impacts of COVID-19 on the migrant essential workforce and how these might impact on their continued stay in the UK. It will focus on the largest non-British nationality in the UK, the Polish...
Employment placement agencies in Europe’s revenue is anticipated to contract at a compound annual rate of 3.2% over the five years through 2024 to €47.8 billion. The COVID-19 outbreak tanked business confidence and expansion plans because of economic uncertainty after months of global lockdowns, forcing hiring freezes in a tricky time for employment agencies. 2022 marked a resurgence for agencies. According to Eurostat data, employment in the EU reached a record peak of 74.6% in 2022, with unemployment falling month-on-month to 5.9% in August 2023. Companies enjoyed a post-COVID-19 boom in hiring, as the economy reopened and company’s began to look to expand thanks to improved business confidence which kept employment agencies busy. The labour market has proved resilient against the economic background of rising interest rates and high inflation but remains tight with several unfilled vacancies. Vacancies remain well above pre-pandemic levels but have steadily dipped from the sharp rise post-COVID-19 as companies unfroze hiring decisions, indicating a skills mismatch between job seekers and roles that agencies are struggling to negotiate. Several countries attempt to address long-standing labour shortages to ameliorate professional mobility and offer training courses for in-demand skills through agencies. France, for example, is addressing youth unemployment through upskilling training programmes. Public sector hiring in Germany and Spain in health and education also pushes revenue growth for agencies compared to stunted private sector demand. Revenue is expected to slump by 1.3% in 2024 amid job cuts in the technology sector. Revenue is projected to swell at a compound annual rate of 4.3% over the five years through 2029 to reach €58.9 billion. Agencies will continue to target revenue growth by elevating their online presence, specialising their services towards more niche sectors and targeting executives and upper management positions. Technological developments remain a threat to recruiters, with HR AI systems like Paradox able to scan networking platforms such as LinkedIn for candidates. Companies’ in-house HR teams are expanding too. The sustainability sector looks to be a hot property job market to target, but potential shortages in both high and low-skilled occupations driven by employment growth in STEM professions and healthcare will create hurdles in the hiring process in other sectors.
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Percentage of out-of-vocabulary words.
The economy of the United Kingdom is expected to fall by 35 percent in the second quarter of 2020, following the Coronavirus outbreak and closure of several businesses. According to the forecast the economy will bounce back in the third quarter of 2020, based on a scenario where the lockdown lasts for three months, with social distancing gradually phased out over a subsequent three-month period.