LMI Bulletin 15/06/2018 (Issue 371)
Produced by the LMI Team at Education Development Trust
LMI Bulletin 15/06/2018 (Issue 371)
Job Gains & Losses
There are many businesses whose business it is to help businesses reduce their overheads:
- Sunderland telecommunications firm, Sirius Telecom are set to achieve £250k annual turnover in their first year and aim to create additional jobs (Bdaily)
- The Green Energy Advice Bureau, an energy advice firm in South Shields which already has 100 staff is offering opportunities (Bdaily).
- Everflow at Wynyard Park specialises in supplying water to SMEs (there has been a deregulated water market since April 2017) and is expanding its business following investment (GazetteLive)
A good news story of a 'mid-life' career change. A 46 year old woman from Marske went to college and 6 years later has opened her own hair salon (GazetteLive).
Another good news story is Cleveland Bridge UK which continues to supply steel to major construction projects around the world- the latest the largest road building upgrade in the UK in Cambridgeshire. The largest components are 40 metre long, 2 metre deep girders which help span the River Great Ouse. Impressive.
Also in Darlington, the Northern Echo has reported of planning permission being granted for a 94-acre site, which will include a three-storey storage and distribution centre, for a retailer, understood to be Amazon. (The Northern Echo)
The other side of retail is Poundworld which has appointed administrators. The retailer has 350 stores including many across the North East (Chronicle Live).
Nestlé is losing 70 staff from the manufacturing site in Fawdon in Newcastle. This had expected to be a larger number after it was announced that the Blue Ribband production was moving to Poland (Chronicle Live)
Skies without limits. Drones - taking the UK's economy to new heights
Study by PWC which looks at the impact drones are expected to have in terms of the economy, giving examples of both current and future use of drones. The study predicts that there will be around 76,000 drones in operation in the UK by 2030, with over a third of these being used by the public sector. All of this however does depend on whether the restrictions on using drones develops as use of drones needs to comply with government regulations to ensure airspace safety.
Some of the ways we are seeing drones enter our economy include; to reduce costs and risks in the oil and gas industry e.g. reducing the numbers of workers who work at height or inside storage tanks, both of which pose hazards. Also in the utility sector to inspect the quality of overhead cables.
In terms of future usage, the report looks at the benefits that some industries could get from drones, such as sharing live details of accidents to emergency services, supporting rescue missions where conditions are tough to work in such as sea rescue and supporting firefighters.
University league tables 2019
The Guardian has produced a league table of universities in the UK which users can search and sort by criteria such as student satisfaction, spend per student, career after 6 months, continuation (students staying into year 2 of course and overall Guardian rating based on a number of these factors. There is also a way of looking at the ratings for a subject area within a region.
The Complete Guide to Higher and Degree Apprenticeships
Which? University, in conjunction with the National Apprenticeship Service, has published a new guide to higher and degree apprenticeships. The guide includes a listing of apprenticeship subjects.
Universal Credit Report
The National Audit Office has published its report on the rollout of Universal Credit. They start their report conclusion with "We think there is no practical alternative to continuing with Universal Credit". however they conclude with "the project is not value for money now, and that its future value for money is unproven".
Help with travel costs
Northern Railway is promoting a link with Middlesbrough Council to offer a 50% discount through a Jobcentre Plus Railcard. The 50% off railcard has been around since 2013 so this may be more of a relaunch.