LSBF Blog - Global Matters

Milton Keynes business hub looking for entrepreneurs

The organisers of a new business hub are looking for entrepreneurs who are interested in joining the programme. Entrepreneurial Spark and NatWest will be opening the hub in Milton Keynes at the bank’s Silbury Boulevard branch in August.

The hub is one of many UK business hatcheries that Entrepreneurial Spark is opening to provide help to startups with the development of their business.

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Businesses need fast broadband to thrive, says Sajid Javid

February 27 ,2016 | by Thiago Kiwi

Businesses need “fast, reliable connectivity” in order to thrive, according to business secretary, Sajid Javid. In a speech to the EEF, the manufacturer’s organisation, Javid announced a review that will provide affordable and high-quality broadband for businesses.

The announcement comes after research found that slow broadband causes businesses to lose up to a full day’s work. A recent study by Virgin Media Business found that having a slow connection is the biggest time waster for small businesses, whilst research from YouGov found that the average employee loses around 15 minutes a day as a result of slow broadband. 

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Small UK businesses targeting Australia export market

February 26 ,2016 | by Erin O’Neill

Small UK businesses are targeting Australia’s export market, according to a survey by Royal Mail. The company surveyed 300 small retail exporters to see where they are sending their goods and found Australia to be a top spot for businesses.

According to the study, UK retailers are placing more focus on customers outside of Europe and are targeting affluent customers in English-speaking countries.

 

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Over 50s want career development, survey finds

February 26 ,2016 | by Hari Sri

Workers of the age of 50 believe that companies are not helping them to put their skills and expertise into practice, according to an Ashridge survey.

The study, titled Don’t Put Baby (Boomers) in the Corner: Realising the Potential of the Over 50s at Work, found that a large number of respondents believe that their company is doing nothing to share skills and experience between different generations. 

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Self-employed are “overwhelmingly satisfied”, according to report

February 26 ,2016 | by Claire Payne

Self-employed workers are “overwhelmingly satisfied” with their job, according to a report by Bright Blue.

The report found that self-employed individuals are much happier than employees in full-time work, despite having a more difficult working life and being more likely to have a low income.

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UK employers planning to recruit more permanent staff, shows survey

February 25 ,2016 | by Thiago Kiwi

UK employers are planning to recruit more permanent staff in the next three months, according to the latest JobsOutlook survey from the Recruitment and Employment Confederation (REC).

The report found that over 80% of businesses are planning to hire more permanent staff between now and May, whilst 29% said that they have recruited more staff in the past year. 

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Accountants champion professional membership bodies

February 25 ,2016 | by Erin O’Neill

According to new research, 79% of finance and accountancy professionals believe professional membership bodies support their career in accountancy.

The statistics come from respondents to a survey conducted by job site GAAPweb, of over 450 accountancy and finance professionals. They include members of ACCA, CIMA, ICAEW, AAT, IFA and AIA, from Part-Qualified to Chief Financial Officer across a wide range of industries.

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Startup fund to be made available to UK entrepreneurs

February 25 ,2016 | by Claire Payne

A programme that is being launched in Derry and across the North West will provide entrepreneurs with the opportunity to develop their business.

‘Growing Startups’ will enable entrepreneurs to receive £10,000 in seed capital and support from mentors.

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Finance professionals understand importance of cybersecurity, says report

February 25 ,2016 | by Helen Gould

Accountants and other finance professionals are becoming more aware of the risks of cybercrime, according to a study by the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA).

The study, titled Cybersecurity – Fighting Crime’s Enfant Terrible, stated that cybercrime is becoming too dangerous for accountants to ignore. However, it found that the majority of accountants and finance professionals clearly understand the importance of the issue, with over 80% saying that their management are concerned about cybercrime.

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LSBF Alumni Interview: Raunaq Zaidi

February 24 ,2016 | by LSBF Blog Staff

Raunaq Zaidi, an Indian student who graduated in 2011 with an MBA (UoW) in Marketing Management, came to London because of its cultural diversity.

Studying in the uniquely multi-cultural environment of LSBF has fully prepared him for his job at the State Bank of India in London.

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The most influential books in business, according to experts

February 24 ,2016 | by Erin O’Neill

We asked leaders of the business world about the books that have influenced their professional lives.

The right book has the potential to change the way we think, the way we act and even the way we work. The influence of literature is undeniable, and there’s never a bad time to undertake a new reading venture. Comprised of recommendations from industry professionals, these are the books you should be reading if you want to get ahead in the world of business.

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East Yorkshire Hub could create 3,000 new jobs

February 24 ,2016 | by Helen Gould

A new business hub in East Yorkshire could help to create up to 3,000 jobs.

Plans for the hub were put forward by the Homes and Communities Agency (HCA) and Sterling Capitol, and permission has now been granted by East Riding Council.

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Accountants should have fun at work, says survey

February 24 ,2016 | by Claire Payne

Accountants should have more fun at work in order to improve their performance, according to research from BrightHR.

The company commissioned Robertson Cooper, a wellbeing specialist company, to carry out a survey to find out what types of activities in the workplace can help to boost productivity and reduce stress. 

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Maserati 100 list reveals top entrepreneurs in UK

February 24 ,2016 | by Claire Payne

A list compiled by the Centre for Entrepreneurs has revealed the top entrepreneurs in the UK.

The Maserati 100 is compiled annually and is a list of successful entrepreneurs in Britain who have provided support for upcoming business talent.

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The top four super powers of accountants

February 23 ,2016 | by LSBF Blog Staff

Accountants must possess some pretty impressive skills in order to get the job done. An accomplished accountant will spot things you fail to notice and help you prepare for tax time, auditors or potential investigations.

Here, we count down the top four super powers all accountants must have in order to be successful...

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Do you have what it takes to be a financial analyst?

February 23 ,2016 | by LSBF Blog Staff

A career as a financial analyst means combining a wide range of abilities, such as critical thinking and strong research skills.

Read on below to find out if being a financial analyst is your path to job success.

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LSEG report reveals most inspiring businesses in Britain

February 23 ,2016 | by Helen Gould

A report has revealed a list of locations with the most inspiring businesses in Britain.

The report, which was compiled by the London Stock Exchange Group (LSEG), provides a list of the fastest-growing and most dynamic small and medium-sized businesses from a number of locations in the UK. 

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Crowdsourced Management Book of the Year launched in UK

February 23 ,2016 | by Erin O’Neill

Award-winning book New Economy Business will be launched in the UK today after an innovative approach to its production.

The author Marga Hoek, who is CEO and founder of the Sustainable Business Association, used Creative Commons rather than traditional copyright licensing. She also used crowdsourcing to acquire information from over 325 CEOs, scientists, professionals, students and consumers.

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Pareto’s Interview Top Tips

February 22 ,2016 | by LSBF Blog Staff

Have you already secured an interview but need to maximise your chances of success?

As the UK’s largest sales development and recruitment agency, Pareto know just what it takes to succeed during this final hurdle to achieve that all important job offer.

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5 key facts and trends in modern accountancy

February 22 ,2016 | by LSBF Blog Staff

When you are considering becoming an accountant and are seeking to obtain your professional qualification in the industry, it is useful to be aware of interesting facts and key trends.

After a particularly testy few years, courtesy of the credit crunch and subsequent global recession, things are looking promising again.

Here are a few facts and trends to be aware of as you look to launch your career in one of the most dynamic professions in the world.

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Number of small businesses achieving growth at its highest, says ERC

February 22 ,2016 | by Claire Payne

The number of small businesses achieving growth has reached its highest level in the UK, according to the Enterprise Research Centre (ERC).

There are now nearly 12,000 “high-growth” small and medium-sized businesses, with research showing that this is the highest level since the dot-com collapse of the early 2000s.  

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UK teams up with Israel to invest in tech startups

The UK Government has partnered up with Israeli experts to invest in tech startups. A £165 million fund has been set up for investment in the startups, with focus being placed on cybersecurity companies.

Cabinet Office Minster Matt Hancock discussed how the UK can benefit from the high number of startups on a trade mission to Israel, stating that “new technologies, including digital technologies, give the world and its citizens opportunities like never before.”

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Hertfordshire shortlisted for Better Business for All Awards

February 20 ,2016 | by Hari Sri

Hertfordshire has been shortlisted in two categories for the 2016 Better Business for All Awards. The awards are part of the Better Business for All programme, which was set up to create partnerships to identify problems faced by local businesses and provide them with support.

A shortlist of locations has been revealed, with Hertfordshire being shortlisted for the Partnership category for “establishing a strong partnership and producing tangible products and positive outcomes” and the innovation category for developing its own training programme. 

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How accountancy can take you to Hollywood

February 19 ,2016 | by LSBF Blog Staff

Every business sector needs a good accountant – including the film industry – so there’s no reason to limit yourself.

For most people, accountancy is the last profession they think of as glamourous; but it plays a vital role behind the scenes of the silver screen. Without proper oversight of the finances, studios can get into trouble and films can go massively over budget.

Here’s what an accountancy in the film sector could look like.

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5 cool jobs in accounting that you didn't know existed

February 19 ,2016 | by LSBF Blog Staff

Looking for an inspiring and exciting profession in one of the most dynamic, lucrative and interesting industries in the world? Look no further than the field of accountancy.

Yes, you read that right. It is something of a myth that accountants have repetitive vocations that offer little in the way of excitement. The reality is far from that assumption; many roles within the sector go beyond the usual audits, inspections and analysis of financial records.

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