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Blog Post

Competition for talent will remain fierce in the UK despite economic uncertainty

– While the record-tight labour market conditions are set to ease somewhat in 2023, recruitment, retention, and pay pressures will not abate as evenly. Long-standing issues, such as an ageing population, skills shortages, and structural tightness in some sectors, mean that organisations need to be prepared for a continued war for talent.
Article

Fixing the ladder: How UK businesses benefit from better social mobility

– Socioeconomic diversity merits consideration alongside gender, race, ethnicity, and other diversity dimensions on the UK corporate agenda.
Blog Post

New green businesses are better prepared than ever to deal with uncertainty
– The London office hosted a Green Business Building (GBB) knowledge-sharing event, convening a select group of UK-based climate tech start-ups, scale-ups, incumbents, and investors.
Blog Post

Fusion energy is gaining momentum – building up a global ecosystem could help accelerate its commercialization
– Decarbonizing our electricity system requires unprecedented efforts at the technological, economic and system integration levels. Renewable energies such as wind and solar power are a natural solution, since they are zero-carbon, technologically mature, and cost-efficient.
Blog Post

How UK retailers can navigate inflation
– While hyperinflation might be a new challenge for many UK retailers, there are strategies to navigate it, say Anita Balchandani... and Richard Mayfield at McKinsey & Company.
Blog Post

What business leaders should know about the future of the automotive industry
– Swarna Ramanathan, a London-based partner who helps drive McKinsey’s work in integrated future mobility, shared her perspective... with Thomas Farrar, a manager of communications in the firm’s UK office, about the future of the car and transformative changes facing the automotive industry.
Article

Facing the future: Net zero and the UK electricity sector
– The United Kingdom’s Balanced Net Zero Pathway requires an unprecedented shift in the energy sector. Delivering on the aspirations... of this plan will call for significant action from all stakeholders.
Article

Facing the future: Britain’s new industrial revolution
– By embracing new technologies, UK manufacturers have an opportunity to reinvigorate their sector.
Article

When will the COVID-19 pandemic end?
– Europe and the United States have entered the endemic stage of the COVID-19 outbreak: the virus is widespread, is significantly... less fatal than it was in 2020, and is spurring only limited changes in public behavior. These endemic conditions are likely to continue through the summer and autumn, unless and until immunity-evading new variants emerge. As immunity wanes, however, the next stage remains highly uncertain. In this update, we discuss the outlook, the current and potential future use of boosters and therapeutics, and the shifts in response strategies to the COVID-19 crisis around the world. We also introduce the McKinsey COVID-19 Immunity Index—a tool for understanding a community’s current level of risk from the disease.
Survey

How current events are shaping UK consumer behavior
– Rising prices are the number-one concern of UK consumers, who provide clear evidence of trading down.

Global insights

Article

Business’s ‘It’s not my problem’ IT problem
– For IT to function better, the business side of the company has to get more involved.
Interview

Innovating via constraints: An interview with CSL’s Bill Mezzanotte
– Despite a relatively small R&D budget, CSL has produced a steady stream of innovative products on diverse strategic platforms.... The company’s R&D head, Bill Mezzanotte, explains how.
Article

Response and resilience in operational-risk events
– Direct losses from operational-risk failures are mounting, and in today’s volatile economic environment, consequent losses... in share price are many times greater.
Executive Briefing

Sustainable and inclusive growth: A weekly briefing
– Insufficient access to healthcare, high-speed internet, and financial services can harm Black communities. Our weekly digest of... McKinsey insights explores that topic and more.
Report

Winning in China: Top priorities for global apparel and fashion brands
– Despite a challenging landscape, China remains one of the most attractive markets in the world for multinational companies that... can strike a balance between global and local.
Article

Women in the healthcare industry: An update
– Although healthcare continues to outpace other industries in the representation, hiring, and advancement of women, the latest... data show there is still plenty of room for improvement.
Article

Private equity turns to resiliency strategies for software investments
– As CIOs report shifts in software spending, investors may want to refocus their efforts on growing opportunities in cybersecurity,... data and analytics, and automation.
Podcast

Taking fear out of innovation
– The risk and ambiguity inherent in innovation can make employees shy away from it. Creating an innovation culture where risk-taking... is embraced must start at the top.
Article

How medtechs can meet industry demand for omnichannel engagement
– A McKinsey survey of more than 1,900 medtech leaders shows that their customers want more omnichannel engagement. We describe... five ways medtech companies can respond.
Interview

Lessons in leadership: Transforming struggling US K–12 schools
– Former Washington, DC, school chancellor Kaya Henderson sat down with McKinsey to share her insights for improving enrollment... and student outcomes in struggling K–12 public school systems.
Article

Net-zero underwriting in P&C and the growth at stake
– P&C insurers need to position themselves to capture net-zero transition growth opportunities. Whether by setting net-zero... commitments or responsibly steering the portfolio, the time to act is now.
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