Author: Admin
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Social media trend in China indicates frustration with job prospects
Reuters reports on the “intense social media chatter” among Chinese youth about early 2000s economic boom-era fashion. Analysts say the trend can be seen as a way to express discontent about bleak job prospects without attracting censorship. On RedNote, China’s version of Instagram, the hashtag phrase “beauty in the time of economic upswings” has so…
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Business confidence hits record low, IoD says
Business confidence among leaders has plunged to its lowest level since the Brexit vote, according to the Institute of Directors (IoD). The optimism index fell to -72 in July from -53 the previous month, marking a nine-year low. A survey of 894 finance directors highlighted tax and employment costs as major concerns, as they predicted…
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AI to combat prison violence
Prison officers in the UK will soon use artificial intelligence to predict and prevent violence among inmates. Justice Secretary Shabana Mahmood announced plans for an AI violence predictor that assesses factors like age and past violent behaviour. This technology aims to enhance safety by allowing for proactive measures against potential threats. The initiative also includes…
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HSBC wants managers back in the office
HSBC has mandated that its managing directors return to the office for at least four days a week starting in October. A memo, reviewed by Bloomberg News, stressed the importance of in-person interactions, saying that they are “essential to how we lead and deliver for our customers.” The move reflects a broader trend among UK…
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Co-op launches groundbreaking prisoner scheme
The Co-op has introduced a pioneering prisoner apprenticeship scheme, the first of its kind aimed at addressing skills shortages in the railway sector. In collaboration with City & Guilds, the programme will provide guaranteed employment opportunities to participants. The Level 2 Rail Engineering Operative apprenticeships will be conducted at HMP Highpoint in Suffolk. Claire Costello,…