HRreview 20 Years
This field is for validation purposes and should be left unchanged.
Subscribe for weekday HR news, opinion and advice.
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

British businesses to capitalize on Olympic success

-

Following a successful summer of sport in London, UK firms are in pole-position to win projects worth up to £250m at the 2014 FIFA World Cup and Rio 2016 Olympic and Paralympic Games.

So far, 22 British companies have won 36 contracts for the events in Brazil, which together amount to over £70m, and more are looking to secure deals as 58 British businesses will travel to Brazil this week alongside the Prime Minister.

Prime Minister, David Cameron, said:

“We want to make sure we seize this unique opportunity to build on the close ties we have developed with Brazil as the next host nation, share our experiences and open the door for more British businesses.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

“With UK companies already working closely with Rio 2016, winning contracts and building business links, we are in an ideal position to boost British business in Brazil from Rio 2016 and beyond.”

Building on the success of the Olympics, 160 missions to and from South America have already taken place, covering everything from transport to budget monitoring, and sustainability to volunteering. Britain aim to secure a link with Brazil and by strengthening a working relationship will hope to deliver an economic legacy for the UK.

Paul Deighton, London Organising Committee of Olympic and Paralympic Games Chairman, said:

“Thousands of British businesses and partners delivered a hugely successful Olympic and Paralympic Games. We have a close working relationship with Rio and will be having a full de-brief with them in November and sharing our experiences. Hosting the Games presents a huge opportunity for Brazil, and British companies are well placed to maximize on London’s excellent reputation for delivery.”

Latest news

Felicia Williams: Why ‘shadow work’ is quietly breaking your people strategy

Employees are losing seven hours a week to tasks that fall outside their core job description. For HR leaders, that’s the kind of stat that keeps you up at night.

Redundancies rise as 327,000 job losses forecast for 2026

UK job losses are set to rise again as redundancy warnings hit post-pandemic highs, with employers cutting roles amid rising costs and economic pressure.

Rise of ‘sickfluencers’ and AI advice sparks concern over attitudes to work

Online influencers and AI tools are shaping how people approach illness and employment, heaping pressure on employers.

‘Silent killer’ dust linked to 500 construction deaths a year as 600,000 workers face exposure

Hundreds of UK construction workers die each year from silica dust exposure as a new campaign calls for stronger workplace protections.
- Advertisement -

Leaders ‘overestimate’ how much workers use AI

Firms may be misreading workforce readiness for artificial intelligence, as frontline staff report far lower day-to-day adoption than executives expect.

Cost-of-living pressures ‘keep unhappy workers in their jobs’

Many say economic pressures are forcing them to remain in jobs they would otherwise leave, as pay and financial stability dominate career decisions.

Must read

Accelerating a truly diverse workforce

Lady Cobham, CBE, Director General of The 5% Club, discusses how businesses can build a diverse workforce, from employing ex-offenders and care leavers to attracting individuals who are neurodiverse.

Kim Wager (BIS): Shared parental leave and pay

What do parents currently get, and why are we...
- Advertisement -

You might also likeRELATED
Recommended to you