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Potential impact of accelerated investment in Robotics in UK Manufacturing

Investing £1.2bn into manufacturing processes, to increase robotics and automation over the next decade could add as much as £60.5bn to the UK economy over the next decade, predicts new research undertaken by Development Economics on behalf of Barclays. This is equivalent to nearly two fifths of the manufacturing sector’s value to the economy today.

A call for a strategic approach to enhancing the flood resilience of local economies

Storms Desmond, Eva and Frank have caused severe damage and economic losses across the Northern Powerhouse area and its rural hinterland of Cumbria, Lancashire and Yorkshire. Recovery from this damage will take time for individuals and households and may have potentially longer term impacts for the many small businesses which are of crucial importance to

2.3 million digital workers required by 2020 to power the UK’s digital economy

Low level of digital job creation puts Northern Powerhouse at risk O2 and St Helens Council partner to maximise digital growth opportunities The O2 Digital Hub, St Helens: Britain will need 2.287 million digitally skilled workers by 2020 to satisfy the UK’s digital potential, according to fresh research published by O2 today. Promisingly, British business

Retail and food services most at risk from soft skills deficit

Research reveals 122,000 UK workers in retail and food services will be held back by a lack of soft skills by 2020 Soft skills are worth £8 billion to the retail and food services industries Cross-industry consultation on soft skills closes in one month The retail, accommodation and food services industries will be most at

Has McDonald’s made a positive contribution to the UK?

A major new report prepared by Development Economics for McDonald’s assesses the positive contribution McDonald’s has made to its people, to its customers, to communities and to the national economy over the past 40 years since the company’s arrival in the UK. The report concludes that since the first McDonald’s restaurant opened in the UK

Hemerdon: Britain’s first new metals mine in 40 years

A cost-benefit analysis undertaken by Development Economics has helped a mining company achieve planning permission for the first major new metals mine in the UK for at least 40 years. The new mine – which will require £130 million of investment – will recover the rare metal tungsten, which is used in specialist steel production

Valuing the contribution made by older people to Northern Ireland society

Research undertaken by Development Economics for the Commissioner for Older People in Northern Ireland has revealed the extent of the financial and non-financial contributions made by older people to Northern Ireland society. Apart from taxes paid on income and expenditure, older people in Northern Ireland were shown to make a number of remarkable yet largely

The future of manufacturing in the UK

It is well known that the UK has far fewer jobs in manufacturing now compared to the past. About 20 years ago manufacturing accounted for 20% of UK employment, but by 1997 this had reduced to about 16%. The most recent data is for 2011, when manufacturing’s share of overall employment was only around 8.5%.

Leisure Sector continues to provide job opportunities

At a time when the economy as a whole continues to recover sluggishly from the aftermath of the 2008-2010 recession, it is worth noting that the Leisure sector is one area that has continued to display resilience and the ability to provide employment opportunities. That is one reason why we were pleased recently to assist

Digitally Skilled Workers Needed For UK’s Future, Reveals O2

The scale of the employment opportunities required to fuel the burdgeoning UK digital economy has been revealed by new research undertaken by Development Economics on behalf of telecoms company O2. The study has revealed the need for more than three quarters of a million digitally skilled workers by 2017 to satisfy the UK’s digital potential.

Reforms to sexual health services could cost UK £136.7 billion by 2020

Unprotected Nation Short-sighted reforms to vital contraception and other sexual health services could lead to a significant increase in the number of unintended pregnancies and sexually transmitted infections (STIs), the consequences from which could saddle the UK with a £136.7 billion NHS and welfare burden by 2020 according to a report prepared by Development Economics

Five reasons why gender pricing may occur

Having identified the potential extent of gender pricing penalties in the UK for Aviva in our previous blog entry Gender based pricing research shows women pay more than men, what can we say about why it might be occurring, and to what extent might it be “justified”? Essentially, we think that there may be up

Gender based pricing research shows women pay more than men

Women pay on average £200 more per year than men for the same every day consumer goods and services according to gender based pricing research we have just undertaken on behalf of leading insurance provider, Aviva. Disposable razors and face cleansers were the worst offenders, with women often paying up to twice as much for

Financial pressures to snowball for New Centenarians generation

A generation of New Centenarians will be forced to work well into their 70s to stay afloat, according to new research we have undertaken for Scottish Widows. In addition to working longer, the New Centenarians will face a hat-trick of financial pressures as early as their mid-twenties, with the stresses of saving for their first