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Flexible working systems 'could add £90bn to economy'

A new report by the Centre for Economics and Business Research, and commissioned by mobile workspace solutions company Citrix, has suggested that embracing increased demand for flexible working could add as much as £90bn to the UK economy. The study found that 83% of "knowledge workers", which the CEBR defines as "thinking jobs" such as engineers, lawyers and doctors, would use flexible working options if they were available, potentially adding £11.5bn - or 0.7% of GDP. Additionally, seven in 10 people who are currently out of work because they are retired, disabled, a carer or a stay-at-home parent said they would be inclined to return to employment if they could do so flexibly. this alone could bring an extra £78.5bn to the economy, adding 4.7% to GDP.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

 

 

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