LSBF Blog | Global Matters – LSBF

LSBF Blog - Global Matters

UK insurtech investment reached £15m in 2016, research shows

Research from Accenture has shown that investments in UK insurtech more than doubled in 2016, reaching the highest in Europe at nearly £15 million.

The number of deals across technologies such as artificial intelligence and the Internet of Things (IoT) make up nearly half of the total investment in insurtech, increasing by 79 per cent last year.

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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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Research reveals investment needs of UK’s early-stage businesses

Research from the UK Innovation Hub and Tech City UK has revealed what early-stage businesses believe are the most important factors for raising external finance.

The research found that start-ups believe that personal trust and chemistry is the most important factor, whilst access to a wide network of investments is also considered to be important, cited by three-fifths of respondents.

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Xero announces integration with business finance apps for small businesses

Cloud-based accounting software company Xero has announced its integration with three business finance apps.

The company has teamed up with the business finance providers to help small businesses to have better access to the finance that they need in order to grow. 

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Entrepreneurs are happier than full-time workers, according to research

March 22 ,2017 | by Claire Payne

Research from employee engagement company Personal Group has found that entrepreneurs in the UK feel happier and more motivated than people who work full-time.

The research surveyed 800 employees, including 124 self-employed workers, and found that over 60 per cent of those who are self-employed look forward to going to work. 

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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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Survey reveals what Brits love about being an entrepreneur

A new survey from property letting agent City Breaks has revealed what attracts Brits to entrepreneurship.

The research, which surveyed 1,000 small and medium-sized businesses, identified the main reasons for Brits wanting to become an entrepreneur, with being your own boss and having flexible hours being the main drivers, cited by 76 per cent and 64 per cent of respondents respectively. 

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GCHQ Director calls for more women in cyber security

March 17 ,2017 | by Erin O’Neill

UK businesses need to encourage more women into the information security industry, according to GCHQ Director Robert Hannigan.

He called for more women to be recruited into cyber security after the latest Global Information Security Workforce Study showed that the infosec industry has the lowest proportion of women at just 8 per cent. 

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Research shows connection between training opportunities and job satisfaction

March 16 ,2017 | by Claire Payne

New research from training platform Course Library has shown a strong connection between training and development opportunities and job satisfaction.

The research, which surveyed 1,000 workers aged between 18 and 64 in the UK, found that almost half are happy in their current job.

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Research shows increase in asset-based finance to businesses

March 15 ,2017 | by Claire Payne

Research from the Asset Based Finance Association (ABFA) has shown that asset-based finance to businesses in the UK has reached £22.2 billion, up by 13 per cent from £20.6 billion in 2016.

The research identified the key reason behind the rise, with the increase in businesses turning to asset-based finance and supplementing traditional sources of finance to help boost business growth and finance the development of new products being the main driver.

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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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London remains top location for businesses, research shows

Demand for office space in London has remained at a high despite the Brexit vote, according to data from online property search website Hubble.

The data showed that London is still an attractive place to do business, with many SMEs searching for office space in the city towards the end of 2016 and at the beginning of 2017.

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National women’s campaign Working Forward celebrates 100 members

March 13 ,2017 | by Erin O’Neill

A national campaign that is led by British businesses and aims to end discrimination of pregnant women and mothers in the workplace is celebrating reaching 100 members. 

Pet care retailer Pets at Home has become the latest business to join the Working Forward campaign, which focuses on making employers aware of the best ways in which they can attract, develop and retain women at work and provide them with a better workplace. 

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Innovate UK to invest £15 million in emerging technologies

Innovate UK is to invest £15 million in technology projects that will help to inspire future products and services.

The innovation agency will be funding projects through a competition and is now inviting businesses to apply for a share of the fund.

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Small businesses planning to recruit new staff, research shows

March 08 ,2017 | by Hari Sri

New research from Hitachi Capital has shown that there will be a jobs boost in the SME sector, with one in six small businesses set to recruit new staff by the end of April this year.

The company’s quarterly British Business Barometer, which surveyed SME decision-makers from 11 regions, found that 20 per cent of businesses that are less than five years old are planning to take on new staff by April.

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SMEs benefited from drop in pound, PayPal data shows

Small and medium-sized businesses benefitted from the drop in the pound in 2016, according to data from PayPal.

The online payments company revealed that UK SMEs saw a 10 per cent year-on-year increase in their international sales from January to June last year, whilst the rate of growth increased to 34 per cent from July to December. 

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TEDxSquareMile to host City of London conference

March 06 ,2017 | by Erin O’Neill

TEDxSquareMile, partner of LSBF Executive Education, will be hosting a conference in the City of London later this month.

TEDxSquareMile is a subset of the TED organisation, and encourages volunteers from the local community to create events to spark conversation, connection and community.   

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Vodafone to launch world’s largest programme to recruit women

March 06 ,2017 | by Claire Payne

Vodafone is to launch the world’s largest programme to help women who have taken a career break to get back into work.

The programme follows research that has highlighted the problems that women face when re-entering the workplace, such as restricted opportunities for pay rises and promotions. 

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WeWork searching for start-ups for its London-based programme

US-based workspace provider WeWork is searching for start-ups in London to take part in the company’s UK WeWork Labs programme.

The company is now accepting applications for the programme, which will be based out of its London Fields facility in Hackney.

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Female entrepreneurs generated £3.51 billion for UK economy, research shows

March 02 ,2017 | by Erin O’Neill

Female entrepreneurs in the UK generated £3.51 billion for the economy and helped to boost employment in 2015, creating over 75,000 jobs, according to research by NatWest.

The research also showed a growth in the number of female-led businesses between 2009 and 2012, with the proportion of businesses increasing from 3.7 per cent to 7.1 per cent.

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SEO link building: 5 must reads

March 01 ,2017 | by Claire Payne

In an ever-increasing digital world, search engine optimisation is becoming more and more important when it comes to getting your company noticed. Link building is a vital part of SEO as it raises the credibility of your brand in the eyes of Google and, therefore, in the eyes of consumers.

Here are five insightful reads that can help you set the ball rolling.

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Employers consider people skills most valuable asset for employees

February 28 ,2017 | by Claire Payne

People skills have been named as the skill that business leaders believe is the most valuable for employees to have in a new survey from the Oxford Open Learning Trust.

The research, which was carried out by YouGov, surveyed more than 500 senior decision-makers and identified the soft skills that are the most desirable to employers when it comes to recruiting new staff. Over 70 per cent of respondents cited people skills as the most valuable. 

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Top tips for beating exam stress

February 27 ,2017 | by Erin O’Neill

There’s a lot of pressure on students to do well, whether it’s during school, university or whilst studying for a professional qualification. Therefore, it’s not uncommon to experience stress around exam time.

Stress can be both a help and a hindrance; you can let it get the better of you, or use it as a drive to improve your work. There are a variety of ways to manage stress so that you minimise its negative impacts, here are a few for you to try out:

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Accountants were in high demand last year, survey shows

February 27 ,2017 | by Claire Payne

There was a high demand for newly qualified accountants in 2016, according to the UK Salary Guide by specialist recruitment agency Morgan McKinley.

The guide showed that 2016 was a good year for accounting and finance, with strong demand in both sectors, particularly for auditors who were looking to move into the industry.

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