LSBF Blog - Global Matters

People in a “career” feel happier, research shows

Research commissioned by GSM London has highlighted the differences in attitudes between UK adults who say that they have a “career” and those who feel that they just have a “job.”

The research surveyed 1,000 adults in full-time and part-time employment and found that those who feel that the work that they do is just a job are unhappy, with 30 per cent of workers with a job being unhappy compared to just 11 per cent of those with a career.

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Women in Finance awards recognises talented women

July 03 ,2017 | by Helen Gould

Talented women in the finance sector have been recognised at the Women in Finance Awards 2017, which took place in London last week.

The awards are the European finance industry’s largest diversity-led event, with 119 finalists from a wide range of sectors in the industry being celebrated this year, including accountancy and banking.

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What is a marketing degree?

June 30 ,2017 | by LSBF Blog Staff

A marketing degree is an undergraduate or postgraduate qualification that explores a wide range of topics, such as market research, marketing strategy, consumer behaviour, advertising, and public relations. 

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What can you do with a marketing degree?

June 30 ,2017 | by LSBF Blog Staff

Getting a marketing degree can open the door to many different career paths, as you’ll develop a broad and increasingly valuable set of skills.

For example, a specialised online marketing degree will give you highly transferable skills, and a knowledge of marketing strategy is an extremely desirable trait in the vast majority of organisations. 

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£70 million regeneration plan for London launched

A £70 million regeneration plan to support growth and community development in London has been launched by the city’s mayor, Sadiq Khan.

The Good Growth Fund, which is part of “A City For All Londoners”, a document that outlines Khan’s growth plans for the city, will help to improve London’s community and support innovative projects that create new jobs.

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Learning new skills could boost earning potential, according to survey

Research from e-commerce marketplace Groupon has found that 44 per cent of people in Britain believe that having further training and taking courses to learn new skills could help to significantly boost their earning potential.

The research found that 30 per cent of UK workers have actively boosted their skills by taking extra training and gaining qualifications over the past five years.

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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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More Brits are using digital banking, research shows

More Brits are using digital banking to pay bills and manage their accounts, according to research from Swedish fintech company Trustly.

The research found that the UK is falling behind other countries when it comes to embracing online banking, but showed that Brits are still accessing their online bank accounts in record numbers.

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#StartUpSpotlight: Biowatch

June 27 ,2017 | by LSBF Blog Staff

With a growing role in the economy and the ability to create new markets, start-ups continue to bring innovation to business. 

To reflect all the latest developments in this section of the market, we are pleased to bring back our successful StartUp Spotlight column, exploring the latest new ideas.

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Britain leading the way in fintech adoption, report shows

Britain is leading the way in fintech adoption in the developed market, according to a new report from professional services and Big Four firm EY.

EY’s fintech adoption index showed that 42 per cent of consumers in the UK are now using fintech services. However, there has been growth worldwide when it comes to the adoption of financial technology, with usage rates being high in emerging markets such as South Africa, China, India, Brazil and Mexico.

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Metro Bank tops biggest survey of financial consumers in Britain

Metro Bank has been named Britain’s most trusted financial provider, in the biggest survey of financial consumers in Britain. The survey was carried out by financial advice website Moneywise for the Moneywise Customer Service Awards 2017.

The challenger bank earned the top spot for the second year running, after 50,000 Moneywise readers provided feedback on major banks, insurance companies, and peer-to-peer lenders. 

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Research reveals top starting salaries for graduates

Jobs review website Glassdoor, has revealed the top ten jobs for starting salaries.

The list highlighted the careers offering a starting salary higher than the UK’s national average of £27,600.

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Employers are focusing on financial wellbeing, research shows

Research from MetLife’s UK Employee Benefit Trends Study 2017, has shown employers are focusing on financial wellbeing in the workplace, with over 50 per cent saying they understand financial pressures staff face.

The research showed that 55 per cent of employees value benefits they receive at work as financial pressures rise - up by 25 per cent on MetLife’s 2015 study.

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Santander moves into private banking sector with new service

June 21 ,2017 | by Hari Sri

Santander has moved into the private banking sector with the launch of a new service for the bank’s high-end clients.

Santander Private will be aimed at customers that have investments and savings of more than £500,000 or a yearly income of more than £250,000.

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Financial education offered by over 25% of employers

Research from Employee Benefits and Staffcare has found that over 25 per cent of employers offer financial education initiatives.

The research questioned 271 employers and found that 32 per cent are planning to introduce financial education in the workplace.

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UK leading the way for educational technology, data shows

The UK ranks number one in Europe for venture capital and angel funding in the educational technology sector, according to London EdTech Week co-founder, and IBIS Capital Partner Benjamin Vedrenne-Cloquet.

The edtech sector is one of the fastest-growing in the UK, with angel capital and seed angel investors providing £178 million.

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Travelling could help make UK adults more employable, research shows

June 19 ,2017 | by Helen Gould

Travelling could help UK adults to gain invaluable skills and make them more employable, according to research from hostel booking website Hostelworld.

The research surveyed 1,000 people in the UK, Spain, France, Italy, Germany, Portugal, South Korea and Brazil, and found that 64 per cent of UK adults and 82 per cent of employers believe that travelling can make people more employable.

 

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Small businesses are missing out on skilled women, research shows

Research from professional recruitment consultancy Robert Walters has shown that small businesses are missing out on skilled women, with just 12 per cent having a strategy in place to attract women returning to work after a career break.

But, businesses were found to be helping professionals returning from a break maintain a good work-life balance, with 64 per cent offering flexible hours, or the chance to work partly from home, and 70 per cent offering part-time work.

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5 ways to fund your MBA

June 16 ,2017 | by LSBF Blog Staff

An MBA qualification is highly desirable – not least for the potential boost to salary and career opportunities for graduates.

Luckily, when it comes to funding your course, there are options.

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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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REC brings together experts to prepare for jobs market challenges

The Recruitment & Employment Confederation (REC) has launched a review that brings together leading employers, academics, and labour market experts to help recruiters and employers to prepare for challenges in the labour market.

The Future of Jobs commission will aim to provide insight to the new UK government about how demographic and technological changes will impact the UK labour market.

 

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British businesses are optimistic about recruitment plans, report shows

Businesses in Britain are feeling optimistic about their recruitment plans, with some still looking to boost their headcount despite political and economic uncertainty over Brexit and the general election, according to a report from ManpowerGroup.

The report surveyed 2,109 UK employers and asked them whether they planned to take on additional staff or reduce their employee numbers over the next quarter. The report found that businesses have a positive outlook of 5 per cent when it comes to hiring new staff.

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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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Employment rate remains at a high, Labour Force Survey shows

June 14 ,2017 | by Helen Gould

The employment rate in the UK continues to be at a high at 74.8 per cent, according to the Labour Force Survey from the Office for National Statistics (ONS).

Figures showed that the number of employed people increased between November 2016 and January 2017 and continued to rise between February and April 2017. 

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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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