{"id":2235,"date":"2018-05-04T16:44:00","date_gmt":"2018-05-04T16:44:00","guid":{"rendered":"https:\/\/blog.kindgeek.com\/?p=2235"},"modified":"2021-02-11T17:40:12","modified_gmt":"2021-02-11T17:40:12","slug":"outsourcing-uk-economy","status":"publish","type":"post","link":"https:\/\/kindgeek.com\/blog\/post\/outsourcing-uk-economy","title":{"rendered":"Outsourcing Boosts UK Economy"},"content":{"rendered":"<div class=\"inhype-post\"><p class=\"post-date\">Recently updated on February 11, 2021<\/p><\/div>\n<p>\u2192 <a href=\"#text1\">To the numbers<\/a><\/p>\n\n\n\n<p>Outsourcing is a natural extension of the free market economy. It blurs the borders between the countries and provides businesses with the possibility to allocate their resources where they will bring the most benefit. However, this business practice is not merely a cost-saving measure. Many companies outsource some of their work in order to focus on primary tasks and achieve maximum performance and flexibility.<\/p>\n\n\n\n<p>The economy of the United Kingdom, which is one of the world\u2019s largest and most stable economies, is not a stranger to outsourcing as well. Dozens of UK businesses have already explored the possibilities this practice provides to increase their output.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/kindgeek.com\/blog\/wp-content\/uploads\/2021\/02\/pexels-kaique-rocha-1577132-1024x683.jpg\" alt=\"Outsourcing UK Economy\" class=\"wp-image-2237\"\/><\/figure>\n\n\n\n<a id=\"text1\"><\/a>\n\n\n\n<h4 class=\"wp-block-heading\">The numbers speak for themselves.<\/h4>\n\n\n\n<p>Due to Business Service Association, in 2015,&nbsp;<a target=\"_blank\" href=\"https:\/\/www.raconteur.net\/business\/outsourcing-gives-a-big-boost-to-the-uk-economy\" rel=\"noreferrer noopener\">10 percent of the country\u2019s workforce<\/a>&nbsp;was employed in outsourcing. Moreover, the outsourcing contracts worth&nbsp;<a target=\"_blank\" href=\"http:\/\/www.isg-one.com\/docs\/default-source\/default-document-library\/1q17-emea-isg-index.pdf?sfvrsn=2\" rel=\"noreferrer noopener\">\u20ac1.4 billion a year were awarded in 2017<\/a>, which is the record in the UK outsourcing market. It is a positive tendency because an \u201cincrease in outsourcing of&nbsp;<a target=\"_blank\" href=\"https:\/\/www.raconteur.net\/business\/outsourcing-gives-a-big-boost-to-the-uk-economy\" rel=\"noreferrer noopener\">1 percent adds \u00a32 billion<\/a>&nbsp;in productivity gains to the UK economy each year.\u201d<\/p>\n\n\n\n<p>These staggering numbers prove that outsourcing has become an important part of the UK economy. And it is not strange as the practice is an excellent instrument with the help of which UK companies can get rid of work that distracts employees from their core tasks, decreasing their productivity.<\/p>\n\n\n\n<p>UK businesses continue to seek new opportunities to outsource their work, which could be quite a difficult task considering the highly competitive environment. Fortunately, the outsourcing companies grow rapidly and able to keep up with the rising demands.&nbsp;<\/p>\n\n\n\n<p>Particularly,&nbsp;<a target=\"_blank\" href=\"https:\/\/kindgeek.com\/\" rel=\"noreferrer noopener\">KindGeek<\/a>, despite its young age, has already contributed to the UK economy, helping to create successful&nbsp;<a target=\"_blank\" href=\"http:\/\/www.youcapital.com\/\" rel=\"noreferrer noopener\">YouCapital<\/a>&nbsp;and&nbsp;<a target=\"_blank\" href=\"https:\/\/www.grafternow.com\/\" rel=\"noreferrer noopener\">Grafter<\/a>&nbsp;services. On May 9-22, CEO&nbsp;<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/antonskrypnyk\/\" rel=\"noreferrer noopener\">Anton Skrypnyk<\/a>&nbsp;and COO&nbsp;<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/yuriygnatyuk\/\" rel=\"noreferrer noopener\">Yuriy Gnatyuk<\/a>&nbsp;at KindGeek will be visiting London to extend the UK partnership.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>These staggering numbers prove that outsourcing has become an important part of the UK economy. Particularly, KindGeek, despite its young age, has already contributed to the UK economy, helping to create successful&#8230;<\/p>\n","protected":false},"author":5,"featured_media":2237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-2235","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-software-outsourcing"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Outsourcing Boosts UK Economy | Kindgeek<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kindgeek.com\/blog\/post\/outsourcing-uk-economy\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Outsourcing Boosts UK Economy | Kindgeek\" \/>\n<meta property=\"og:description\" content=\"These staggering numbers prove that outsourcing has become an important part of the UK economy. Particularly, KindGeek, despite its young age, has already contributed to the UK economy, helping to create successful...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kindgeek.com\/blog\/post\/outsourcing-uk-economy\" \/>\n<meta property=\"og:site_name\" content=\"Kindgeek\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-04T16:44:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-11T17:40:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kindgeek.com\/blog\/wp-content\/uploads\/2021\/02\/pexels-kaique-rocha-1577132-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mykhailo Bogdan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mykhailo Bogdan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Outsourcing Boosts UK Economy | Kindgeek","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/kindgeek.com\/blog\/post\/outsourcing-uk-economy","og_locale":"en_US","og_type":"article","og_title":"Outsourcing Boosts UK Economy | Kindgeek","og_description":"These staggering numbers prove that outsourcing has become an important part of the UK economy. 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