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Two-fifths of UK key workers have taken on a side hustle or overtime to make ends meet
Two-fifths ( 43 %) of key workers in the UK have been forced to take on additional part time work on top of their full time role or work extra overtime shifts to make ends meet , new research from responsible lender , Creditspring , shows .
The data shows significantly higher levels of financial vulnerability among key workers , with nearly half ( 47 %) saying an unexpected expense of £ 100 would send them over the edge , compared to 25 % among the general population .
It is evident that many key workers are experiencing the cost of living crisis more acutely than the general population and are almost twice as likely to be ‘ terrified ’ about their financial future ( 55 % for key workers vs . 29 % among the general population ).
The findings come as inflation hits 10.4 % in the UK , and the value of real wages fell by 2.4 %, putting extreme pressure on household finances across the country .
Rise Up and GoodHabitz launch a partnership to support more organisations in establishing a learning mindset
GoodHabitz , which creates online learning solutions with unique and snackable educational content and Rise Up , Fosway ’ s accelerating Core Challenger for Learning Systems , have announced their partnership to enhance corporate learning experience for organisations and their employees .
This partnership provides Rise Up customers with seamless access to GoodHabitz ’ s comprehensive content library , covering a wide range of skills , including personal strength , health and well-being , digital skills , language , communication , Microsoft Office , inspirational leadership , management , teamwork and commercial skills . Both companies strongly believe that a personalised learning experience is key to increasing learner engagement . That is why GoodHabitz is offering more than 25 learning styles and over 19 languages .
“ We decided to work closely with Rise Up because we share a vision to increase learner motivation and engagement with great content and technology ,” said Sabine Schnorr , Partnerships Director at GoodHabitz .
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HydRegen raise £ 2.6 million in its latest investment round |
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HydRegen , an Oxford-based biotechnology company enabling sustainable chemical manufacturing , has secured a £ 2.6 million investment as part of its latest fundraise , led by Clean Growth Fund , a UK clean-tech venture capital fund . |
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Following HydRegen ’ s spin out from the University of Oxford in 2021 , Dr Holly Reeve ( CEO ) and Dr Sarah Cleary ( Chief Scientific Officer ) have been focused on pioneering the production of bio-based catalysts that enable cleaner , safer and more energy-efficient manufacturing processes for the global pharmaceutical and chemicals industries . |
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In these applications , HydRegen aims to deploy its innovative biotechnologies to enable the transition to a low carbon economy with more sustainable and efficient chemical manufacturing processes : a key reason for Clean Growth Fund ’ s investment . |
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The new investment from Clean Growth Fund , alongside a group of existing investors , will support the commercial development and deployment of HydRegen ’ s technologies through the next 18 months . HydRegen plans to license its technology to companies manufacturing pharmaceutical and chemical products around the world . |
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