Monthly Archives: November 2022

UK Economic Outlook: Late-2022

The IMF has announced that the global economy is facing a potential downturn, with rising prices around the globe as a result of the war in Ukraine. The organisation stated that “for many people, 2023 will feel like a recession”, and emphasised the need for international cooperation between governments and central banks to alleviate populations bearing the brunt of the coming economic downturn.

Based on recent forecasts, the United Kingdom is at a high risk of experiencing a sustained recession for the next three quarters. However, all analysts are in agreement that the Government’s recent intervention on energy bills has significantly decreased the likelihood of a severe downturn. High energy prices, rising inflation, and increasing interest rates caused by global economic weakness are the main reasons behind this predicted period of recession.

Some forecasts, such as Goldman Sachs’ revised analysis, outline that the United Kingdom is still likely to enter a deeper than expected recession in 2023. In an analysis released mid-October, the investment bank downgraded its outlook for Britain, forecasting the UK economy would shrink by 1% next year, lower than their previous estimate of 0.4%.

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Office Safety Tips | 11 Ways to Improve Your Workplace

You probably think of office safety as something that only matters if you work on a construction site or in a factory. The truth is, no matter what type of job you have, there are certain vital safety hazards you need to be aware of at all times. In fact, according to the National Institute for Occupational Safety and Health, office workers are injured on the job more often than people in any other profession.

The Occupational Safety and Health Administration reports that there are more than 20,000 office-related injuries each year. The most common office injuries are slips, trips and falls, followed by repetitive strain injuries such as carpal tunnel syndrome. However, there are also a significant number of workplace violence incidents reported each year, with more than 1,000 employees being injured as a result.

Why Office Safety Should Be a Top Priority for Any Business

Office safety should be a top priority for any office-based business for a variety of reasons. First and foremost, a safe office environment is a productive office environment. When employees feel comfortable and secure, they are more likely to be productive and engaged in their work. Additionally, a safe office environment helps to reduce the risk of accidents and injuries. Even small accidents can lead to lost productivity, tension within the workplace, and increased insurance costs. Finally, prioritising office safety sends a message to employees that their health and wellbeing is important to the company, helping to build morale and cultivate a more positive working environment. When it comes to running a successful business, office safety should be at the top of the list.

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