LSBF Blog - Global Matters

Londoners most keen to impress a new employer, study shows

May 09 ,2017 | by Hari Sri

New research from CV-Library has found that professionals in London are the most keen to impress a new employer, with over 65 per cent of workers in the city saying that they aspire to impress their boss for as long as they are with the company. 

The research surveyed 1,000 workers in the UK and revealed the steps that Londoners are taking to impress their new employer, with effectively managing their workload being the top approach at 22.4 per cent.

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Young Londoners most likely to consider flexible working, research finds

Research from conference calling specialists Powwownow has found that 18 to 24-year-olds in London are the most likely to consider flexible working (85 per cent).

The company’s survey of 2,000 working professionals found that business leaders in London allow their staff to have a total of three hours and 31 minutes away from the office a week, compared to the average time of two hours and 34 minutes in the rest of the UK.

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Financial education helps employees cope with life issues, research finds

Financial education in the workplace can help employees to cope with life issues, with 48 per cent believing that it would enable them to save for retirement, according to a report from Capita Employee Benefits.

The Insight report surveyed over 1,800 employees aged 16 or over in the UK and found that over 75 per cent believe that being provided with financial education would enable them to cope with issues such as saving for retirement or saving up for a deposit on a mortgage.

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Research shows increase in salaries for graduate jobs

May 03 ,2017 | by Claire Payne

Research from jobsite Adzuna has shown an increase in salaries for graduate jobs, with a rise of 2 per cent over the past year.

The research showed that the typical salary for graduates is now just under £24,500, whilst UK salaries have also started to rise again.

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Challenger bank to offer financial workshops to educate consumers

May 03 ,2017 | by Helen Gould

The UK is to receive another challenger bank as Chicago-headquartered Iam Bank plans to expand and roll out online services, branches and financial workshops to consumers.  

The company, which has dubbed itself the “Apple store” of banking, will be the first bank of its kind to offer learning and therapy-based financial workshops to help educate consumers on their financial decisions. 

 

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Fintech investment reaches two-year high in 2017, report shows

Fintech investment between the UK and mainland Europe reached a two-year high in 2017 despite the uncertainties over Brexit, according to a report from professional services and Big Four firm KPMG.

The report showed that fintechs in the UK attracted $226 million in venture capital (VC) funding in the first quarter of the year, up by 28 per cent from $178 million in the fourth quarter of 2016.

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Barclays to create over 1,500 new jobs in UK

May 01 ,2017 | by Thiago Kiwi

Barclays Bank is to offer employment opportunities across the UK, with 1,750 IT roles set to be made available at the company’s services centre.

The majority of the job roles will be based in the North West, but the company will also be offering employment opportunities in London. 

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Investment scheme could be revived to encourage businesses

April 27 ,2017 | by Hari Sri

The Patent Box scheme was introduced by the UK Government in 2013 to encourage more investments in research and development.

After changes to the scheme by the EU in 2016, its appeal was reduced; however, this may soon be changed.

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Fintechs entice MBA graduates away from banking and consulting

April 26 ,2017 | by Thiago Kiwi

In the past, most MBA graduates have chosen to become consultants in professional services firms or to work in banking after completing their education. However, this trend is changing.

With fintechs on the rise, students find them appealing; they are able to work in a fast-moving, innovative environment and see the results of their efforts - something they can’t often experience in the world of consulting.

 

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University education stimulates brain, finds research

April 25 ,2017 | by Erin O’Neill

UK researchers have found that the brain is more stimulated when a person goes to university or takes up a leadership role at their workplace.

They believe that this can make people less prone to brain-related illnesses, such as dementia.  

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Scottish Government-backed digital academy hopes to help businesses

April 24 ,2017 | by Hari Sri

Scottish Government-backed CodeClan is the UK’s first digital skills academy that has received full accreditation.

It has just started an intensive four-month training programme for candidates, who will be transformed into capable software engineers after completing the course. 

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London banks on a hiring spree, says finance recruiter

April 21 ,2017 | by Helen Gould

Banks are no longer worried about Britain leaving the EU, according to London-based finance headhunting firm Robert Walters. The recruiter stated that the banks are on a hiring spree across the UK, and this has prompted the company’s net fees to increase by 27 per cent in the first three months of 2017.

CEO, Robert Walters, stated that banks are positive about the UK now and are showing signs of commitment. They are looking for staff in specialised fields, such as investment management, cyber security, compliance and change management. There appears to be a great demand for specialists in these fields. 

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London-based firm introduces gamification to improve graduate recruitment process

A London-based IT services company has introduced gamification to help make its recruitment process more enjoyable for graduates.

FDM is looking to increase candidate diversity and make its graduate testing process more engaging with the introduction of Yellow Hook Reef, an assessment game by global game technology provider Arctic Shores.

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EdTech businesses team up to launch London EdTech Week

Ten of London’s leading education technology companies have teamed up to launch London EdTech Week.

British Educational Suppliers Association (BESA), EdtechXGlobal, EdTech Exchange and Google for Education are amongst the organisations that will be launching the event, which is set to take place from 19th to 23rd June 2017. 

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What are your options after you get your ACCA results?

April 18 ,2017 | by Helen Gould

For most students, passing the ACCA exams takes up a huge amount of their time and energy – but once the results are in, a whole new challenge begins.

Here’s our advice on what to do, whether you pass or not.

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ONS figures reveal average pay of jobs in UK

April 18 ,2017 | by Hari Sri

New figures from the Office for National Statistics (ONS) have revealed the average earnings for jobs across the UK.

The ONS surveyed 21,563,000 people in the UK to calculate the salaries of over 400 jobs, with roles such as chief executives, sales accounts and business development managers being amongst the highest-paid positions. 

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Think tank calls for more support for disadvantaged graduates

April 17 ,2017 | by Thiago Kiwi

The Institute for Public Policy Research (IPPR) is calling for more support for disadvantaged graduates to enable them to have better access to internships.

A report from the think tank, titled The Inbetweeners: The New Role of Internships in the Graduate Labour Market, found that whilst there are as many as 70,000 internships on offer, many of the positions do not offer meaningful learning opportunities. 

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Business optimism at record high globally, research shows

April 13 ,2017 | by Hari Sri

Business optimism has reached a record high globally, with the US in particular experiencing a surge at 80 per cent, according to the International Business Report from professional services network Grant Thornton.

The report surveyed 2,400 businesses in 36 economies and found that business optimism has risen to its highest level going into the second quarter of 2017. 

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Business optimism at record high globally, research shows

April 13 ,2017 | by Hari Sri

Business optimism has reached a record high globally, with the US in particular experiencing a surge at 80 per cent, according to the International Business Report from professional services network Grant Thornton.

The report surveyed 2,400 businesses in 36 economies and found that business optimism has risen to its highest level going into the second quarter of 2017. 

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London banks are hiring more staff for specialised finance roles

April 13 ,2017 | by Thiago Kiwi

Investment banks in London are hiring more staff for specialised finance job roles, indicating that they are no longer concerned over Brexit, according to employment agency Robert Walters.

The agency revealed that banks in the city are looking for staff to fill permanent roles in areas such as finance control, risk and compliance and change management.

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Online business education guide launched for UK SMEs

April 12 ,2017 | by Helen Gould

Business valuation expert Company Valuation Services (CVS) has launched an online guide to help UK businesses learn how to increase their potential.

The online guide offers expert advice and guidance for UK businesses to help them boost the value of their company in 12 months.

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London is world leader in financial technology, report shows

April 12 ,2017 | by Hari Sri

London has been named as the world’s strongest fintech hub in a report from professional services and Big Four company Deloitte and trade body Innovate Finance.

The Connecting Global Fintech Hub Review 2017 analysed 44 fintech centres worldwide on factors such as technical expertise, regulatory framework and government support, with London scoring highly in all of the areas. 

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UK investors continuing with plans despite Brexit, research shows

A report from Market Finance Solutions has shown that investors in the UK are forging ahead with their investment plans despite Brexit.

Out of the 1,000 investors who were surveyed, 37 per cent believe that the upcoming Brexit negotiations will provide a good opportunity for short-term investment.

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MarketInvoice funding to UK businesses reaches record high

April 11 ,2017 | by Helen Gould

Peer-to-peer invoice finance platform MarketInvoice funded a record £130 million of invoices in the first quarter of 2017, a 160 per cent rise from the first quarter of 2016.

The company also achieved a record high in March, with £54.7 million worth of invoices raised by businesses in the UK being funded.

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UK SMEs are feeling more ambitious, research shows

SMEs and mid-market businesses in the UK are feeling more ambitious than they did a year ago, according to the Ambition Index Report, which was produced by Lloyds Bank National Business Awards.

The report, which revealed how businesses are feeling about ambition, talent, Brexit and the challenges that they are facing, found that 45 per cent of businesses are feeling ambitious, despite concerns over Brexit, Article 50 and a weaker pound.

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