LSBF Blog - Global Matters

ACCA to help provide cloud services to UK accountants

The Association of Certified Chartered Accountants (ACCA) has partnered with a cloud hosting company to provide cloud services to accountants in the UK.

Cobweb Solutions, a leading UK cloud hosting provider, will be working with ACCA to provide productivity tools to 70,000 accountants.

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Rural areas have higher self-employment rates, says Rural Economy Committee

Rural areas have higher self-employment rates than urban areas, according to Chair of the Rural Economy Committee, Julie Kapsalis.

A report by Coast to Capital Local Enterprise Partnership showed how important the rural economy is to the growth and prosperity of South East England, with over 22% of businesses located in the area.

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Amazon to create 1000 permanent jobs across UK

July 08 ,2016 | by Thiago Kiwi

Amazon plans to create 1000 permanent jobs across the UK in addition to 2500 jobs announced earlier this year, which will bring its total number of UK employees to 15,500 by the end of 2016.

The company will be offering a wide range of roles at its head office, R&D centres and fulfilment centres, with the jobs being spread across London, Manchester, Cambridge, Leicestershire and Edinburgh.

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More emphasis needed on careers education, committee says

July 07 ,2016 | by Hari Sri

According to the Education Committee, young people need to be equipped with the right skills to prepare them for work.

MPs have voiced their concerns over the lack of adequate careers advice being delivered in schools, warning that it could be contributing to the UK’s skills crisis.

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Tech business to help bridge the digital skills gap

July 07 ,2016 | by Helen Gould

A tech business is helping to bridge the digital skills gap by taking part in Tech Week, a national programme created by The Tech Partnership.

The Emerald Group, which is based in Warwickshire, will be joining a number of businesses to provide opportunities for young people to gain first-hand work experience.

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Small business owners take shorter holidays, shows survey

July 06 ,2016 | by Claire Payne

Small business owners are struggling with their work-life balance, according to a survey by Zurich.

The survey found that just 43 per cent of businesses have a holiday of no more than five days booked within the next 12 months, whilst some will take no holiday at all as a result of work responsibilities. 

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Small Business Mentoring competition to support UK companies

Barclaycard will be partnering up with The Guardian Small Business Network to give UK businesses the chance to receive advice from leading mentors.

Successful applicants to the Small Business Mentoring competition will receive support. The competition is open to British SMEs with less than £15 million turnover in the retail, professional services, and hospitality sectors.

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More young women should study tech, says Tech Partnership

July 06 ,2016 | by Erin O’Neill

More young women should be encouraged into a career in technology, according to the Tech Partnership.

The digital skills advocate has called for more support from parents and teachers for young girls to enable them to study technology whilst in school. 

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O2 announces tech apprenticeship openings

July 05 ,2016 | by Helen Gould

Mobile phone provider O2 has announced that it is currently looking for over 30 new apprentices to take part in the company’s apprenticeship programme.

The company has expanded its apprenticeship programme to provide more job opportunities for young people and help them to develop their skills. 

 

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Businesses form group to help UK’s small firms

July 04 ,2016 | by Helen Gould

A group of small businesses have teamed up to support other small companies and self-employed workers in Britain following the Brexit result.

The group has been formed to provide reassurance to small businesses and help them remain optimistic after the referendum.

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Record number of UK’s graduates in work, survey shows

A record number of the UK’s new graduates are in work or further study, according to figures from the Higher Education Statistics Agency (HESA).

The HESA’s employment data showed that whilst the number of university leavers going into work or choosing to study further has hit a record high, many are also taking on jobs unrelated to their course. 

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Banks announce plans to keep jobs in Britain after Brexit

July 02 ,2016 | by Claire Payne

Several of the UK’s major banks have announced that they will be keeping jobs in Britain following the result of the EU referendum.

Though many banks originally announced that they would be relocating to the EU if the UK voted to leave the EU, they have now said that they will not be scaling back in the UK. 

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Small businesses need to adapt their models, research shows

July 01 ,2016 | by Hari Sri

Small businesses believe that they could fail within the next five years if they do not adapt their models, according to research from business software company Exact.

The research showed that despite 38 per cent of SMEs believing that they will go out of business if they do not adapt their models, only 2 per cent have taken action. 

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Entrepreneurs to be offered flexible working space in London library

A London-based library has announced plans to provide flexible working space for the city’s entrepreneurs.

The Whitechapel Idea Store, which is located in London’s East End, is aiming to create a workspace where early-stage businesses and entrepreneurs who are looking to set up their own business can network and trade.  

 

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More SMEs choosing to work remotely, according to research

More SMEs are now choosing to work remotely, according to research from internet-based phone service company Nimvelo.

The research showed that 66 per cent of small businesses are now choosing to operate from a remote location or employing remote workers. 

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UK start-ups announced as winners of VOOM 2016 competition

Two start-ups from the UK have been announced as winners of Virgin’s VOOM 2016 competition.

The companies will be awarded a share of a £1 million prize from Sir Richard Branson.

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UK would welcome annual shutdown of businesses, survey shows

June 29 ,2016 | by Claire Payne

The majority of Britons would welcome an annual shutdown of businesses, according to a study by virtual assistant website ava.

The study showed that nearly 60 per cent of those surveyed feel that shutting down a business during quiet periods would enable it to remain cost-efficient and be more productive. 

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Entrepreneurs call for training to protect London’s tech sector

Entrepreneurs have called for action to be taken to protect London’s status in the tech sector following the UK’s exit from the EU.

Business leaders who supported a Remain vote have spoken out, discussing the importance of providing training to address skills gaps in the sector. 

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Recruitment company secures £350,000 to help 10,000 businesses

June 27 ,2016 | by Hari Sri

Recruitment platform Talendrone has secured a £350,000 investment to enable it to generate more income for UK recruiters.

The company, which specialises in recruitment in the IT sector, is hoping that the investment from Finance Yorkshire will help to benefit 10,000 companies. 

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UK’s tech firms put expansion plans on hold after Brexit

Britain’s tech companies are putting expansion plans on hold following the UK’s exit from the European Union.

Companies are now concerned about how the loss of access to European markets could affect the UK’s financial technology sector, with some considering moving to a continental location. 

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London facing competition to hold onto tech graduates, survey shows

June 24 ,2016 | by Hari Sri

London is facing competition to hold onto its technology graduates, according to research from LinkedIn.

The research, which has been released during London Technology Week, showed that the city’s graduates are being snapped up by tech hub rivals from the UK and Europe. 

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Deloitte launches cloud-based accounting service for SMEs

Deloitte has launched a cloud-based accounting and analytics service for start-ups and SMEs. The Big Four company has invested £2.5 million into the project, which is called Propel.

Propel will provide a wide range of services, which will be available to the UK’s 5.4 million small business owners. 

 

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London provides most opportunities for female workers, study shows

June 24 ,2016 | by Helen Gould

London provides the most opportunities for female workers in the tech sector, according to technology recruitment company Mortimer Spinks.

The research, which surveyed over 3,700 workers across the UK, showed that 40 per cent of the country’s female tech workers are employed in the city. 

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Self-employed will base EU vote on personal choice, says study

June 23 ,2016 | by Claire Payne

Over 70 per cent of self-employed people will be basing their EU vote on personal choice rather than what is best for their business, according to a study from Intuit QuickBooks.

The study looked at how self-employed people plan to vote in today’s EU referendum and found that just 20 per cent will base their vote on what will be best for their business rather than their personal or political views.

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Techspace to support scale-up companies with office space

June 23 ,2016 | by Hari Sri

Techspace has secured investment from multimillionaire Leo Noé and Goldacre Ventures to enable it to expand and provide extra space for scale-up companies.

The company, which is based in London and specialises in providing flexible co-working space for fast-growth tech companies, will use the £5 million Series A funding to drive growth in the city. 

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