In 2022, the UK Government released new guidance on effectively handling PFI (Private Finance Initiatives) contract expiry. The document is intended to provide practical steps to public sector bodies to support the transition of assets. PFI contracts “deliver a wide range of vital public services and with many of these due to expire within the next 10 years, the government is committed to supporting a successful end of contract process” through the release of the new guidance, says Matthew Vickerstaff, Director of Finance at the Infrastructure and Projects Authority (IPA).
Gender diversity is key to business success. Post pandemic, gender equity seems to be in danger of becoming less of a priority for many businesses as they establish “what matters most when everything matters”. In 2019, 18% of senior vice president roles and 19% of vice president roles were filled by women. 4 years later, this has dropped to 14% and 16% respectively. Senior women are leaving high positions at an accelerating rate.
National Careers Week focuses on bringing young people into the world of work. It aims to provide children, teens, and young adults in education visibility of a large range of roles across all sectors. The Facilities Management sector has invested time and resource into showcasing the sector for this age group and is working to increase the talent pool of young people to help encourage the next generation of professionals into FM.