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UK workers are taking less sick days as figures reveal new average
UK workers are taking less sick days as figures reveal new average

Yahoo

time5 days ago

  • Business
  • Yahoo

UK workers are taking less sick days as figures reveal new average

The average number of sick days taken by UK workers has fallen, according to new data, as the average amount taken by each worker is revealed. The Office for National Statistics (ONS) estimates that 148.9 million working days were lost due to illness or injury in 2024. This equates to 2 per cent of total working hours – a decrease of 0.3 percentage points from the previous year. Minor illnesses were the most frequent cause of absence, accounting for nearly a third of all cases. Musculoskeletal problems were the next most common reason, responsible for 15.5 per cent of absences. The ONS data indicated that women, older employees, individuals with long-term health issues, part-time workers, and public sector employees had the highest rates of sick leave in 2024. The average time lost per worker in 2024 was 4.4 days. Amanda Walters, director of the Safe Sick Pay campaign, an alliance campaigning for sick pay reform, said: 'The fall in sickness absence may seem a positive development but the figures mask the fact that far too many UK workers regularly go to work when they are too ill. 'We are amongst the least likely to take sick days in Europe as our woeful statutory sick pay system is forcing millions of people to drag themselves into work ill, risking their long term health because they need to pay the bills. This costs the economy billions in lost productivity. 'The Government is fixing one part of the problem by improving sick pay coverage for some lower earners in the employment Bill, but is not doing enough to sort out the sorry state of our sick pay system. 'The weekly rate of sick pay remains just £3 an hour for a full time worker. If we are serious about improving the health of the working age population, the Government needs to stop ignoring the elephant in the room and put statutory sick pay in line with the minimum wage.' Ben Harrison, director of the Work Foundation at Lancaster University, said: 'Enabling people to take time off when they are sick to get better and return to work in good health is critical for a robust and successful labour market. 'Workers feeling unable to take time to recover and recuperate can lead to health issues becoming more serious over time, increasing the risk that they might join the near record number of people who are already out of the labour market due to ill health. 'The UK's statutory sick pay of £118.75 a week is lower than the majority of OECD countries, and our research shows that 47 per cent of UK businesses do not pay above the statutory minimum. 'This can mean those who rely on statutory sick pay can face a choice between making ends meet or looking after their health.'

MSCI and Intapp Are Partnering to Deliver Enhanced Private Capital Market Intelligence
MSCI and Intapp Are Partnering to Deliver Enhanced Private Capital Market Intelligence

Business Upturn

time22-05-2025

  • Business
  • Business Upturn

MSCI and Intapp Are Partnering to Deliver Enhanced Private Capital Market Intelligence

New York, United States: MSCI Inc. (NYSE: MSCI) and Intapp, Inc. (NASDAQ: INTA) have entered into a memorandum of understanding to form a strategic collaboration that will streamline how private market professionals can discover, analyze and act on opportunities. This partnership will make MSCI's wide-ranging suite of private assets information – including private equity, private credit, real estate, and infrastructure benchmarks, fund, asset and deal performance metrics, and market research – available directly within the Intapp DealCloud deal and relationship management platform. Streamlined access to critical market intelligence within DealCloud will enable greater transparency, availability of sourcing and origination-related data, and analytical rigor of investment decisions for alternative asset firms. With native access, DealCloud users will be able to interact directly with MSCI's private assets data through intuitive dashboards and customizable reporting. They can also mine MSCI's real assets data, including property-level data, as they identify and research potential investment opportunities. Luke Flemmer, Head of Private Assets at MSCI, commented: 'By integrating our insights into a platform trusted by over 1,000 general partners, we're enabling faster, more informed decision-making across private markets. This collaboration with DealCloud embeds MSCI's private asset datasets directly into the daily workflows of investment professionals, enhancing both efficiency and transparency. MSCI is committed to advancing clarity in private markets through robust, independent data and analytics, and this partnership very much supports that goal.' Ben Harrison, President of Industries at Intapp, added: 'We remain committed to delivering our clients third-party market data that is fully integrated into our platform without the need for manual data entry. This enhances our users' experience and provides mutual clients with the right information at the right time, enabling them to source and execute the best opportunities. Our new partnership with MSCI expands access to robust private markets datasets directly inside DealCloud – helping investors and advisors in private capital and real assets better navigate large datasets, thoughtfully evaluate complex markets, and close more deals.' MSCI and Intapp are negotiating a final agreement after which MSCI's datasets will become available on the DealCloud platform in the coming months. About Intapp Intapp software helps professionals unlock their teams' knowledge, relationships, and operational insights to increase value for their firms. Using the power of Applied AI, we make firm and market intelligence easy to find, understand, and use. With Intapp's portfolio of vertical SaaS solutions, professionals can apply their collective expertise to make smarter decisions, manage risk, and increase competitive advantage. The world's top firms — across accounting, consulting, investment banking, legal, private capital, and real assets — trust Intapp's industry-specific platform and solutions to modernize and drive new growth. For more information, visit and connect with us on LinkedIn . About MSCI Inc. MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data, and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process. To learn more, please visit . This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and involve risks that may cause actual results or performance differ materially and you should not place undue reliance on them. Risks that could affect results or performance are in MSCI's Annual Report on Form 10-K for the most recent fiscal year ended on December 31 that is filed with the SEC. MSCI does not undertake to update any forward-looking statements. No information herein constitutes investment advice or should be relied on as such. MSCI grants no right or license to use its products or services without an appropriate license. MSCI MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR OTHERWISE WITH RESPECT TO THE INFORMATION HEREIN AND DISCLAIMS ALL LIABILITY TO THE MAXIMUM EXTENT PERMITTED BY LAW. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.

MSCI and Intapp Are Partnering to Deliver Enhanced Private Capital Market Intelligence
MSCI and Intapp Are Partnering to Deliver Enhanced Private Capital Market Intelligence

Business Wire

time21-05-2025

  • Business
  • Business Wire

MSCI and Intapp Are Partnering to Deliver Enhanced Private Capital Market Intelligence

NEW YORK--(BUSINESS WIRE)--MSCI Inc. (NYSE: MSCI) and Intapp, Inc. (NASDAQ: INTA) have entered into a memorandum of understanding to form a strategic collaboration that will streamline how private market professionals can discover, analyze and act on opportunities. This partnership will make MSCI's wide-ranging suite of private assets information – including private equity, private credit, real estate, and infrastructure benchmarks, fund, asset and deal performance metrics, and market research – available directly within the Intapp DealCloud deal and relationship management platform. Streamlined access to critical market intelligence within DealCloud will enable greater transparency, availability of sourcing and origination-related data, and analytical rigor of investment decisions for alternative asset firms. With native access, DealCloud users will be able to interact directly with MSCI's private assets data through intuitive dashboards and customizable reporting. They can also mine MSCI's real assets data, including property-level data, as they identify and research potential investment opportunities. Luke Flemmer, Head of Private Assets at MSCI, commented: 'By integrating our insights into a platform trusted by over 1,000 general partners, we're enabling faster, more informed decision-making across private markets. This collaboration with DealCloud embeds MSCI's private asset datasets directly into the daily workflows of investment professionals, enhancing both efficiency and transparency. MSCI is committed to advancing clarity in private markets through robust, independent data and analytics, and this partnership very much supports that goal.' Ben Harrison, President of Industries at Intapp, added: 'We remain committed to delivering our clients third-party market data that is fully integrated into our platform without the need for manual data entry. This enhances our users' experience and provides mutual clients with the right information at the right time, enabling them to source and execute the best opportunities. Our new partnership with MSCI expands access to robust private markets datasets directly inside DealCloud – helping investors and advisors in private capital and real assets better navigate large datasets, thoughtfully evaluate complex markets, and close more deals.' MSCI and Intapp are negotiating a final agreement after which MSCI's datasets will become available on the DealCloud platform in the coming months. About Intapp Intapp software helps professionals unlock their teams' knowledge, relationships, and operational insights to increase value for their firms. Using the power of Applied AI, we make firm and market intelligence easy to find, understand, and use. With Intapp's portfolio of vertical SaaS solutions, professionals can apply their collective expertise to make smarter decisions, manage risk, and increase competitive advantage. The world's top firms — across accounting, consulting, investment banking, legal, private capital, and real assets — trust Intapp's industry-specific platform and solutions to modernize and drive new growth. For more information, visit and connect with us on LinkedIn. About MSCI Inc. MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data, and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process. To learn more, please visit This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and involve risks that may cause actual results or performance differ materially and you should not place undue reliance on them. Risks that could affect results or performance are in MSCI's Annual Report on Form 10-K for the most recent fiscal year ended on December 31 that is filed with the SEC. MSCI does not undertake to update any forward-looking statements. No information herein constitutes investment advice or should be relied on as such. MSCI grants no right or license to use its products or services without an appropriate license. MSCI MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR OTHERWISE WITH RESPECT TO THE INFORMATION HEREIN AND DISCLAIMS ALL LIABILITY TO THE MAXIMUM EXTENT PERMITTED BY LAW.

MSCI and Intapp Are Partnering to Deliver Enhanced Private Capital Market Intelligence
MSCI and Intapp Are Partnering to Deliver Enhanced Private Capital Market Intelligence

Yahoo

time21-05-2025

  • Business
  • Yahoo

MSCI and Intapp Are Partnering to Deliver Enhanced Private Capital Market Intelligence

The planned partnership will unlock access to MSCI's private capital, real asset and deal data via Intapp DealCloud's AI-powered platform NEW YORK, May 21, 2025--(BUSINESS WIRE)--MSCI Inc. (NYSE: MSCI) and Intapp, Inc. (NASDAQ: INTA) have entered into a memorandum of understanding to form a strategic collaboration that will streamline how private market professionals can discover, analyze and act on opportunities. This partnership will make MSCI's wide-ranging suite of private assets information – including private equity, private credit, real estate, and infrastructure benchmarks, fund, asset and deal performance metrics, and market research – available directly within the Intapp DealCloud deal and relationship management platform. Streamlined access to critical market intelligence within DealCloud will enable greater transparency, availability of sourcing and origination-related data, and analytical rigor of investment decisions for alternative asset firms. With native access, DealCloud users will be able to interact directly with MSCI's private assets data through intuitive dashboards and customizable reporting. They can also mine MSCI's real assets data, including property-level data, as they identify and research potential investment opportunities. Luke Flemmer, Head of Private Assets at MSCI, commented: "By integrating our insights into a platform trusted by over 1,000 general partners, we're enabling faster, more informed decision-making across private markets. This collaboration with DealCloud embeds MSCI's private asset datasets directly into the daily workflows of investment professionals, enhancing both efficiency and transparency. MSCI is committed to advancing clarity in private markets through robust, independent data and analytics, and this partnership very much supports that goal." Ben Harrison, President of Industries at Intapp, added: "We remain committed to delivering our clients third-party market data that is fully integrated into our platform without the need for manual data entry. This enhances our users' experience and provides mutual clients with the right information at the right time, enabling them to source and execute the best opportunities. Our new partnership with MSCI expands access to robust private markets datasets directly inside DealCloud – helping investors and advisors in private capital and real assets better navigate large datasets, thoughtfully evaluate complex markets, and close more deals." MSCI and Intapp are negotiating a final agreement after which MSCI's datasets will become available on the DealCloud platform in the coming months. About Intapp Intapp software helps professionals unlock their teams' knowledge, relationships, and operational insights to increase value for their firms. Using the power of Applied AI, we make firm and market intelligence easy to find, understand, and use. With Intapp's portfolio of vertical SaaS solutions, professionals can apply their collective expertise to make smarter decisions, manage risk, and increase competitive advantage. The world's top firms — across accounting, consulting, investment banking, legal, private capital, and real assets — trust Intapp's industry-specific platform and solutions to modernize and drive new growth. For more information, visit and connect with us on LinkedIn. About MSCI Inc. MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data, and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process. To learn more, please visit This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and involve risks that may cause actual results or performance differ materially and you should not place undue reliance on them. Risks that could affect results or performance are in MSCI's Annual Report on Form 10-K for the most recent fiscal year ended on December 31 that is filed with the SEC. MSCI does not undertake to update any forward-looking statements. No information herein constitutes investment advice or should be relied on as such. MSCI grants no right or license to use its products or services without an appropriate license. MSCI MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR OTHERWISE WITH RESPECT TO THE INFORMATION HEREIN AND DISCLAIMS ALL LIABILITY TO THE MAXIMUM EXTENT PERMITTED BY LAW. View source version on Contacts Media: MSCI: pr@ Intapp: press@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

UK faces youth jobs crisis as number of ‘Neets' rises to almost 1m
UK faces youth jobs crisis as number of ‘Neets' rises to almost 1m

The Guardian

time27-02-2025

  • Business
  • The Guardian

UK faces youth jobs crisis as number of ‘Neets' rises to almost 1m

Experts have warned that the UK is facing a youth jobs crisis after a rise in the number of young people not in education, employment or training (Neet) to almost 1 million, the highest level in more than a decade. Figures from the Office for National Statistics show there were an estimated 987,000 young people aged 16 to 24 who were Neet in October to December last year, up from 877,000 in the fourth quarter of 2023 – the highest level since 2013. Highlighting a stark rise in young people falling out of the jobs market since the height of the Covid pandemic, the number of Neets has soared by more than a quarter of a million in the past three years. The figures mean one in eight young people across the country are now out of employment, education or training, at a time when Britain's jobs market is cooling as employers grapple with planned tax increases from the government, elevated borrowing costs and sluggish economic growth. The ONS cautioned there were issues with the quality of its labour force survey, meaning the data should be treated with caution. However, experts said there had been a clear rise in Neets in recent years. Barry Fletcher, the chief executive of the Youth Futures Foundation, said the figures showed the UK was facing a jobs 'crisis' for young people. 'If we are to prevent long-term scarring effects for young people and achieve the economic growth needed in our country, then we need sustained focus on the issue.' The government has grown increasingly alarmed by the breakdown in the critical years between school and work, amid warnings that failure to tackle the issue could hinder the economy and cause lasting damage for a whole generation of young people. Labour announced plans late last year for a 'youth guarantee' to ensure every young person has access to education or training to help them find a job, including through a programme of 'youth trailblazer' schemes in eight English mayoral authorities, which is due to launch this spring. Experts say the rise in the number of Neets comes after years of underfunding for employment support, alongside the impact from Covid lockdowns and a sharp rise in youth mental ill health. Ben Harrison, the director of the Work Foundation at Lancaster University, said large numbers of young people were actively looking for work but struggling to find it, with 392,000 unemployed – of which 64% are young men. He said almost half of Neets risked missing out on the government's youth guarantee. 'The government should consider expanding these initiatives,' he said. Sign up to Business Today Get set for the working day – we'll point you to all the business news and analysis you need every morning after newsletter promotion Business leaders have warned that youth hiring will be hit particularly hard by the government's £25bn rise in employer national insurance contributions (Nics) and increase in the national living wage, both coming in from April, alongside a package of workers' rights reforms going through parliament. However, Paul Nowak, the general secretary of the TUC, argued that the 'Tory legacy' of rising youth unemployment needed addressing with more state support, rather than low pay and deregulation. 'The youth guarantee is the right step,' he said. 'But it must be part of a comprehensive plan to ensure all young people across the country can access high-quality training and decent, well-paid work as well as timely and effective healthcare.'

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