Ignoring calls for flexible working could be costing the economy £12 BILLION

The UK could be risking £12 billion a year in economic output if employers do not fully embrace flexibility within five years, a new study has revealed.

The report, developed by workforce management expert Quinyx in collaboration with Development Economics and Censuswide, calculated that by embracing and implementing more flexible working arrangements in the future, UK businesses could generate an output of £570 billion per year through flexible working by 2023. This is compared to an output of £558 billion per year if existing flexible working trends continue.