LSBF Blog - Global Matters

One in 30 people are now business owners, according to research

One in 30 people in the UK own a business, according to research from Direct Line for Business.

The research looked at the number of microbusinesses in the UK and found that they represent 89 per cent of all UK businesses.

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Cyber security an excellent career choice, says ISACA

June 08 ,2016 | by Hari Sri

Cyber security is an “excellent career choice” for developing technical and business skills, according to ISACA.

ISACA’s 2016 Cyber Security Perceptions study looked at the perceptions of cyber security as a career and explored cyber security awareness in organisations. 

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Pension startup secures £3.3 million in funding

A London-based startup company has secured £3.3 million in funding to enable it to expand its customer base.

Smart Pension is an auto-enrolment pension company that provides pension solutions for small businesses. 

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SMEs encouraged to apply for Goldman Sachs initiative

SMEs are being encouraged to apply for an initiative launched by global investment banking company Goldman Sachs.

The “10,000 Small Businesses” UK initiative was first launched in 2010 to help provide support for small companies.

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Top employers for school and college leavers revealed

June 07 ,2016 | by Helen Gould

The 100 companies that were voted the top UK employers in a nationwide survey were revealed at London’s City Hall on Sunday.

The results were announced as part of the AllAboutSchoolLeavers.co.uk’s Top 100 Employers for School & College Leavers 2016 awards ceremony, with categories including training, company culture and career development. 

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Entrepreneurs planning to expand workforce, according to survey

More than six in ten entrepreneurs in the UK are planning to increase their workforce, according to the EY Global Job Creation Survey 2016.

The research surveyed over 400 entrepreneurs and found that 63 per cent are expecting to add to their payrolls over the next 12 months, up from 44.5 per cent who expected to increase their hiring in the same period last year. 

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More people starting up business to tackle unemployment, survey shows

More people are choosing to start up their own business to tackle unemployment, according to a survey from AXA.

The research showed that 30 per cent of businesses were created in the past five years as a result of redundancy or long-term unemployment.

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£90 million to be spent on UK’s coastal businesses

Businesses and entrepreneurs across Britain’s coast will soon be able to bid for a share of £90 million in Government funding.

This fund is part of the Government’s plans to help businesses in these areas thrive, with the first round of funding released in 2012.

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Small businesses to invest more over next 12 months

Over 60 per cent of small businesses are planning to increase their spending over the next 12 months, according to research from eBay.

The ecommerce company found that two-thirds of small businesses in the UK are expected to ramp up investment through 2016-17, with 45 per cent placing more focus on marketing. 

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Finance and accounting jobs continuing to rise, research shows

June 03 ,2016 | by Thiago Kiwi

Jobs in the finance and accounting sector continued to rise in the first quarter, according to research from the Association of Professional Staffing Companies (APSCo).

The research showed that vacancies continued to increase by 10.2 per cent year-on-year in the months leading up to March, despite warnings that a Brexit could result in thousands of job losses in the sector.

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Most desirable jobs in the finance sector in 2016 revealed

June 03 ,2016 | by Hari Sri

The most desirable jobs in the finance sector in the UK in 2016 have been revealed by eFinancialCareers.

The website, which lists a wide variety of finance and banking jobs, named the most popular individual jobs, along with the sectors that have received the most applications and the desired skills for each job role. 

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International trade expected to boost SME growth by 25%, survey shows

According to research from EE, international trade will boost the growth of Britain’s SMEs by 25 per cent. 

The EE SME International Ambitions survey interviewed 1,000 businesses, as well as identifying the top target markets for small businesses.

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Brits are amongst world’s happiest workers, according to survey

June 02 ,2016 | by Claire Payne

UK employees are amongst the happiest workers in the world, according to the 2016 Edenred-Ipsos well-being work barometer.

The survey, which is carried out annually, studied 14,400 employees in 15 countries and found that over 70 per cent of employees in the UK feel positive about their well-being at work. 

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Hundreds of jobs to be created at Manchester Airport

June 02 ,2016 | by Thiago Kiwi

Over 450 job roles are to be created at Manchester Airport following its plans to expand.

The public will have the chance to learn more about the roles being offered at a jobs fair, which is scheduled to take place on Monday 6th June. 

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Cost of co-working spaces rising as start-ups push up demand, figures show

The cost of co-working spaces is rising as more start-ups are choosing to work in a flexible and collaborative environment.

Figures from SpareOffice revealed that the most expensive rents for co-working spaces are in cities with a thriving tech sector, indicating that more start-ups are choosing to work in these environments.

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Accountancy bonus pot increases to record £2.4 billion

June 01 ,2016 | by Hari Sri

The accountancy bonus pot has reached a record high, increasing by £200 million to £2.4 billion in 2015/2016 since the 2014/2015 financial year, according to financial recruitment company Marks Sattin.

Figures showed an increase of £800 million since 2009/2010, when the overall bonus pot stood at £1.6 billion. 

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Companies should invest in training for low-wage workers, says IPPR

June 01 ,2016 | by Claire Payne

Companies that employ low-wage workers should invest in productivity-enhancing technologies and corporate training, according to the Institute for Public Policy Research (IPPR).

With the national living wage rising, the IPPR said that businesses are now cutting overtime, bonuses, and staff perks.

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Innovate UK to launch first women-only entrepreneurship competition

June 01 ,2016 | by Erin O’Neill

Innovate UK is to launch its first women-only competition. The innovation agency will be giving female entrepreneurs the opportunity to share their innovative ideas and help the economy to grow.

The competition has been launched as part of a new initiative to bring more diversity into innovation and boost the UK economy. 

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More people working beyond retirement age, survey shows

May 31 ,2016 | by Thiago Kiwi

More people over the age of 65 are choosing not retire because they enjoy being in work, according to a new survey.

The research, which was carried out by insurance company LV=, found that nine out of ten people aged over 65 are happy to continue working; just one in ten felt that they need to carry on working for the money.

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Innovation centre for financial sector businesses opens in London

An innovation centre for businesses in the financial sector has opened in London.

The hub, set up by Synechron, will focus on providing workshops for businesses that are committed to investing in digital transformation and technology.

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Facebook launches initiative to help women start businesses

May 31 ,2016 | by Helen Gould

Facebook has launched an entrepreneurship initiative for women after research showed that more female businesswomen would help to boost the UK’s economy by £10.01 billion.

The social networking website has launched SheMeansBusiness to help more women set up their own company.

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Brighton and Cardiff SMEs working hardest this bank holiday

Small and medium-sized businesses based in Brighton and Cardiff will be working the hardest this bank holiday, according to research conducted on behalf of SME finance solutions company LDF.

The survey found that 95 per cent of SMEs in these areas will be working. Glasgow was also found to have some of the hardest-working SMEs, with 94 per cent working this bank holiday. 

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Children surrounded by books will earn more, says study

May 29 ,2016 | by Helen Gould

Children who grow up surrounded by lots of books tend to be high earners, according to research from economists Giorgio Brunello, Guglielmo Weber and Christoph Weiss.

The research surveyed 6,000 men who were born in European countries during the mid-20th century and looked at how many books they had in their home. 

 

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Apple tops list of biggest tech companies of 2016

Apple has topped the list of the biggest tech companies in the world. The company achieved a revenue growth of 28 per cent, increasing to nearly $234 billion last year.

According to the 2016 Forbes Global 2000, which ranks businesses based on their revenue, profit and assets, Apple is now the fourth largest company in the US. 

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Britain’s future in the EU debated at Institute of Directors

May 27 ,2016 | by Claire Payne

British MPs Iain Duncan Smith and Stephen Kinnock went head-to-head in an EU Referendum debate in Central London on Wednesday night.

The Brexit Business Case Debate took place at the Institute of Directors on Pall Mall in Central London, where Conservative MP for Chingford and Woodford Green Iain Duncan Smith was joined by former Director General of the BCC, John Longworth, both of whom support the 'Leave' campaign. CBI President, Paul Drechsler CBE, sat alongside Labour MP for Aberavon Stephen Kinnock representing the 'Remain' camp.

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