NEWS - BUSINESS & ECONOMY

Accenture recruits 1,700 people in the UK

August 07 ,2017 | by Anisa Choudhary

Global management consulting and professional services company Accenture has recruited 1,700 people, with the company offering opportunities from executives to apprentices and graduates.

Accenture is filling over 500 job roles in areas such as Artificial Intelligence, Robotics, Cyber Defence, and Data Science for its recruitment drive, particularly focusing on London and Newcastle.  

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UK challenger banks continuing to grow, rankings show

Challenger banks in the UK are continuing to grow and outperform established banks, according to The Banker’s Top 1000 World Banks ranking for 2017.

The rankings showed a significant improvement in challenger banks such as Aldermore and Metro Bank, despite difficulties in the market.

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APSCo research shows increase in permanent job vacancies

June 28 ,2017 | by Helen Gould

Research from the Association of Professional Staffing Companies (APSCo) has shown an increase in the number of permanent vacancies in the UK.

The data showed that permanent vacancies for professional jobs increased by 1 per cent in May 2017, whilst permanent roles in finance and engineering increased by 7 per cent and 5 per cent respectively.

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World’s third largest financial services firm to be headquartered in London

The world’s third largest financial services firm is set to be based in London. This is following the successful merger of financial software company Misys, and payments and lending technology provider D+H. The new merger has been named Finastra.

Finastra aims to provide the largest set of banking, lending, and capital markets software to businesses globally. 

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Work perks could be key to workplace success, research shows

Work perks could help to boost morale and enable employers to get the most out of their employees, according to research from packaged bank account claims specialist Banking Refunds.

The research surveyed over 1,500 British workers, exploring their attitudes on workplace perks and benefits, and found that over 35 per cent feel happier at work when receiving perks.

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Lloyds Bank PMI shows London employment and business activity growth

June 13 ,2017 | by Helen Gould

The latest Lloyds Bank Regional Purchasing Managers’ Index (PMI) has shown a boost in business growth and employment in London for the month of May.

The PMI, which is an economic health check of the UK’s regions, showed that business activity grew at a faster rate in London than in the rest of the UK last month, with rising business demand helping to boost employment levels in the city.

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More executives using networking for job search process, research finds

June 07 ,2017 | by Helen Gould

Networking is becoming a more important part of the job search process, with over 75 per cent of executives using this method to select candidates, according to research from executive search provider Korn Ferry.

The research has shown a decline in the importance of CVs when it comes to the job search process, with just 3 per cent of business executives believing that resumes are still the most important.

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Seedrs teams up with NatWest to offer alternative funding options

June 01 ,2017 | by Helen Gould

Seedrs has teamed up with NatWest and Royal Bank of Scotland (RBS) to become part of the Capital Connections programme.

Through the programme, the crowdfunding platform will be joining a panel of funders to provide alternative finance solutions to business and commercial customers of NatWest and RBS in the UK who are unable to access the financial support they need through traditional funding routes.

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UK financial services customers want improved loyalty programmes, research shows

May 19 ,2017 | by Claire Payne

Research from Collinson Group has revealed what UK financial services customers are looking for when it comes to loyalty programmes. 

The research, which surveyed 2,250 consumers across the US, UK, Singapore and the UAE, found that 38 per cent of banking and financial customers in the UK feel as though they are rewarded for their custom.

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Prospects launches special edition Graduate Market Trends journal

May 12 ,2017 | by Hari Sri

Prospects has launched a special edition of the Graduate Market Trends journal to help people to gain a better understanding of the impact of the Apprenticeship Levy.

The journal was launched earlier this week and contains expert advice and insight into the Apprenticeship Levy, including the challenges that employers will face as a result of its introduction. 

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Research shows increase in salaries for graduate jobs

May 03 ,2017 | by Claire Payne

Research from jobsite Adzuna has shown an increase in salaries for graduate jobs, with a rise of 2 per cent over the past year.

The research showed that the typical salary for graduates is now just under £24,500, whilst UK salaries have also started to rise again.

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Investment scheme could be revived to encourage businesses

April 27 ,2017 | by Hari Sri

The Patent Box scheme was introduced by the UK Government in 2013 to encourage more investments in research and development.

After changes to the scheme by the EU in 2016, its appeal was reduced; however, this may soon be changed.

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Scottish Government-backed digital academy hopes to help businesses

April 24 ,2017 | by Hari Sri

Scottish Government-backed CodeClan is the UK’s first digital skills academy that has received full accreditation.

It has just started an intensive four-month training programme for candidates, who will be transformed into capable software engineers after completing the course. 

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Business optimism at record high globally, research shows

April 13 ,2017 | by Hari Sri

Business optimism has reached a record high globally, with the US in particular experiencing a surge at 80 per cent, according to the International Business Report from professional services network Grant Thornton.

The report surveyed 2,400 businesses in 36 economies and found that business optimism has risen to its highest level going into the second quarter of 2017. 

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Business optimism at record high globally, research shows

April 13 ,2017 | by Hari Sri

Business optimism has reached a record high globally, with the US in particular experiencing a surge at 80 per cent, according to the International Business Report from professional services network Grant Thornton.

The report surveyed 2,400 businesses in 36 economies and found that business optimism has risen to its highest level going into the second quarter of 2017. 

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Online business education guide launched for UK SMEs

April 12 ,2017 | by Helen Gould

Business valuation expert Company Valuation Services (CVS) has launched an online guide to help UK businesses learn how to increase their potential.

The online guide offers expert advice and guidance for UK businesses to help them boost the value of their company in 12 months.

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MarketInvoice funding to UK businesses reaches record high

April 11 ,2017 | by Helen Gould

Peer-to-peer invoice finance platform MarketInvoice funded a record £130 million of invoices in the first quarter of 2017, a 160 per cent rise from the first quarter of 2016.

The company also achieved a record high in March, with £54.7 million worth of invoices raised by businesses in the UK being funded.

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Survey shows rise in confidence among London’s businesses

April 05 ,2017 | by Hari Sri

The London Chamber of Commerce and Industry (LCCI) has released a survey showing that London’s businesses are expecting a better outlook for their companies.

The research, which surveyed 500 businesses, demonstrated that respondents are feeling positive about their turnover and that confidence rose in the first quarter of the year.

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Amazon Business to be launched in UK

April 05 ,2017 | by Thiago Kiwi

Amazon has announced that it will be launching its Amazon Business service for UK businesses of any size.

The service will be available to sole traders, small businesses, and larger companies.

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Entrepreneurs reveal benefits of remote working in new research

April 04 ,2017 | by Erin O’Neill

Entrepreneurs have revealed the top benefits of remote working in new research from insurance company Direct Line.

The research revealed the best places for small business owners to work, with coffee shops being named as the top choice, cited by 27 per cent of respondents.

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Technical and professional sector sees biggest boost in SMEs

March 29 ,2017 | by Hari Sri

New research from Hampshire Trust Bank has revealed the sectors in the UK that have seen the highest levels of growth in SME entrants since 2010, with the technical & professional sector experiencing the biggest boost.

The research found that whilst construction and retail had the highest percentage of SMEs overall, these sectors had the lowest percentage of start-up entrants at 4 per cent and 3 per cent respectively, with issues such as financial concerns and competition being cited as barriers to growth.

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New guide to degree apprenticeships published for employers

March 21 ,2017 | by Helen Gould

A new guide has been published for employers to help them receive information on degree apprenticeships.

The digital publication, A Guide to Degree Apprenticeships for Employers, was launched by careers advice company Prospects with the aim of providing employers with information and guidance on the Apprenticeship Levy, which is set to be introduced on 6th April 2017. 

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Number of businesses in the UK reaches record high

March 14 ,2017 | by Thiago Kiwi

The number of businesses in the UK has reached a record high, passing 4 million for the first time, according to new figures from software company Inform Direct.

The research, which used data from Companies House and the Office for National Statistics, showed that at the end of February this year, there were 4,005,093 registered businesses in the UK. 

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Confidence among UK’s private sector firms recovers to strongest level

March 14 ,2017 | by Claire Payne

Business confidence in the UK’s private sector has recovered to its strongest level since the middle of 2015, according to data from the Markit UK Business Outlook Survey.

The research, which surveyed 12,000 manufacturers and service providers, found that it has now reached 52 per cent as fears over Brexit begin to subside.

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Over 70 per cent of apprentice-hiring businesses report productivity boost

February 24 ,2017 | by Erin O’Neill

Over 70 per cent of small and medium-sized businesses that have taken on apprentices have seen an increase in productivity, according to research from the Department for Education.

The research, which has been released ahead of National Apprentice Week, shows the benefits that apprentices can bring to businesses, with over 200,000 apprentices set to be recruited over the next year.

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