LSBF Blog - Global Matters

UK accountancy firm growth at highest levels since 2008

May 01 ,2015 | by Hari Sri

Statistics show that the number of new accountancy businesses is increasing at its fastest rate since the recession.

The accountancy profession is returning to a state last seen before the financial crisis, according to research from SJD Accountancy. The firm’s report showed the number of accountancy related startups increased at the fastest rate since 2008.

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Economists “more important” than analysts, suggests McKinsey

April 30 ,2015 | by Thiago Kiwi

With businesses increasingly turning to economists when it comes to decision making, we explore the ins and outs of economics and analytics.

“Ignore economists at your peril” are the words of a McKinsey report that highlights the growing importance of seeking advice from economists. The use of economics has widened from being a tool to determine governmental and political policies, to something highly relevant to businesses.

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Social media – the ultimate job hunting tool?

April 30 ,2015 | by Claire Payne

We investigate the ways social media can be used to your advantage when it’s time to join the search for employment.

Over the last decade social media has risen to the highest heights. From old favourites such as Facebook and Twitter, to the newly developed Bubblews and Sharebloc, there are hundreds of social media platforms to choose from. With so many options, it’s getting difficult to decide which are worth investing time into.

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How SMEs can find their place in a rapidly globalising world of business

In an increasingly globalised marketplace, companies must adjust to operating internationally. How does this changing economic landscape affect SMEs?

New customers are the key to the expansion of any organisation. And by capitalising on readily available new technologies, social media integration, web conferencing and e-commerce, small and medium-sized enterprises (SMEs) have the chance to reach more people than was ever possible before this digital boom.

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The rise of UK solar farms

April 29 ,2015 | by Claire Payne

As solar farms continue to multiply in number across the UK, we consider the impact this will have in the future.

The UK is becoming increasingly fond of solar power, with solar farms springing up in all four corners of the country. Preliminary figures show that, in 2014, the UK installed the most new solar power capacity out of all European countries, with current figures illustrating that the country is on track to retain its title this year.

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Tesco's record loss: is it time for a fresh look at supermarkets?

April 28 ,2015 | by Thiago Kiwi

In the wake of Tesco’s mega loss, we wonder if it’s time for the death of the big supermarket.

Tesco’s pre-tax annual loss of £6.4 billion last year came as a surprise: analysts had only been estimating a loss of around £4 billion. It was the biggest loss in Tesco’s 96-year history, the sixth biggest corporate loss in the UK, and the largest annual loss ever witnessed by a British retailer.

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The financial risks of climate change

While the world studies the environmental impacts of climate change, what are the potential financial risks that businesses face?

Climate change “can no longer be denied”, according to US president Barack Obama. Data shows that increasing amounts of public money in the US is being spent on environmental protection.

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#StartupSpotlight: Mangopay looks to simplify securing third-party payments

April 27 ,2015 | by Hari Sri

In this edition of Startup Spotlight, we spoke with Céline Lazorthes, CEO and Founder of Mangopay, a new marketplace and crowdfunding payment platform.

Elevator pitch

Mangopay enables marketplaces and crowdfunding platforms to accept third-party payments, create and manage e-wallets (white label), split funds and collect fees in a simple, secure and transparent way.

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Does studying abroad really improve your chances of employment?

April 24 ,2015 | by Claire Payne

We explore the advantages of studying abroad and discuss whether the experience boosts your employment prospects.

Studying abroad is something which attracts and inspires thousands of young people every year. Go International’s ‘Gone International’ study found that, of 233,185 graduates in 2013, over ten thousand had spent time studying in a country outside of the UK.

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Exploring the potential impact of the Gatwick oil find

April 24 ,2015 | by Hari Sri

Areas local to Gatwick airport could benefit from the largest oil find in the last 30 years.

After a well was drilled in the vicinity of Gatwick airport last year, analysis has revealed that there may be up to 100 billion barrels of oil in the local area of Horse Hill, according to exploration firm UK Oil & Gas Investments (UKOG).

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What slowing economic growth means for China

April 23 ,2015 | by Erin O’Neill

The great Chinese engine of growth has slowed further, but what does it really mean?

China’s economic growth forecasts have been cut to just seven per cent for 2015, and first quarter growth for this year was shown to slow to seven per cent, which was a six-year low. But while China’s economic activity remains much higher than those of most other countries, the slowdown is still thought to be a cause for concern by many analysts.

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Green design could reduce energy bills

April 23 ,2015 | by Helen Gould

Could energy efficiency help businesses? We look into the impact sustainable design and green buildings could have on the UK economy.

Construction firm Balfour Beatty recently created the UK’s most environmentally friendly building for Girton College at the University of Cambridge. The new student halls receive half of their energy from renewable sources with a design that surpasses efficiency guidelines by 40%.

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The FinTech industry and its continual rise

April 22 ,2015 | by Claire Payne

The financial technology sector is continuing to attract large amounts of investment well into 2015.

In 2014, the FinTech industry attracted more than $12 billion in investment. Today, the appetite for FinTech startups among venture capital funds continues to grow.

Europe enjoyed the most impressive growth rate, with FinTech investment rising 215 per cent to $1.48 billion in 2014, according to Accenture. Of all European countries it was the UK and Ireland that excelled, accounting for 42 per cent of European investment in the sector.

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Video: Great Minds Series - LSBF interviews Marriott Hotels Europe CEO Amy McPherson

April 21 ,2015 | by LSBF Blog Staff

Amy McPherson, CEO of Marriott Hotels Europe, shares with LSBF the secrets to a successful career in business.

Great business leaders know how to surround themselves with good people – that is the secret to a successful career in business according to Amy McPherson, the CEO of Marriott Hotels Europe.

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How mobiles have changed the way businesses interact with customers

Mobile devices have altered the way consumers browse, shop and make payments. At almost every level, the interaction between businesses and customers is changing.

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What creates job satisfaction?

April 20 ,2015 | by Erin O’Neill

We spend most of our adult life at work, and being happy in our jobs can have a big impact on how we feel. We investigate job satisfaction, and what companies can do to improve employees’ happiness.

A list compiled by Best Companies, an organisation that specialises in compiling yearly employee engagement surveys, has outlined the ‘best UK companies to work for’ in 2015. They are separated into not for profit companies, small companies, medium companies, big companies and housing associations.

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Big data: changing the way businesses are run

We explore the values of big data and how they are shaping the manner in which companies work.

Businesses have been harnessing the power of data for decades, deriving value from sets of numbers, statistics, and information. However, the demand for more in-depth and better real-time data has seen the rise of big data and the various ways in which companies can utilise it.

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#StartupSpotlight: Purplebricks is redefining how estate agencies work

April 16 ,2015 | by Hari Sri

Michael Bruce, CEO and founding partner of disruptive hybrid estate agency Purplebricks, spoke with LSBF in the latest edition of Startup Spotlight.

Elevator pitch

Purplebricks.com is a disruptive hybrid estate agency model - we combine the expertise of a Local Property Expert with a unique online platform, giving customers a 24/7 service at a fraction of the cost charged by high street estate agencies.

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Investment in emerging market startups continues to grow

April 16 ,2015 | by Erin O’Neill

Startups in developing economies witness growing investment as evidence supporting the value of SMEs emerges.

The lifecycle of startups can be cut short in the early stages due to limited access to funds. This is a problem that many budding businesses in emerging markets have encountered. However, this capital chasm is being bridged by a number of accelerators and seed funds who have recognised the potential that emerging market startups hold.

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Hiring from other sectors could improve gender equality in tech

April 16 ,2015 | by Helen Gould

With Google hiring former Wall Street executive Ruth Porat as its new CFO, the issue of gender equality in tech has come to the fore again.

Ms Porat will be the highest ranking woman at Google, helping to solve the issue of a male-dominated workforce.

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Emerging markets lead green energy charge

April 15 ,2015 | by Claire Payne

Recently released figures are proving that the global pursuit to utilise sustainable energy is being led by emerging markets.

Today, everyone is becoming increasingly aware of the environmental impacts their country, economy, and businesses are having on the world, sustainable energy is widely thought to be most prevalent in the developed world. However, it seems that developing countries are becoming real pioneers of the revolution.

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Should companies do more to help entry-level workers’ education?

April 13 ,2015 | by Erin O’Neill

Adding to the executive education funds provided by several companies, we explore if employers offering educational sponsorships to entry-level employees would be beneficial.

Following Starbucks and McDonald’s announcements in the past month stating that educational funding for employees would now be extended to cover four years of education, it may be worth looking at whether employees and organisations could benefit from encouraging entry-level workers to study.

 

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The future of work: what can we expect?

April 13 ,2015 | by Hari Sri

What will the future hold for the way in which we work?

The expected output of work, the dynamics of an office environment, and the technology we utilise are a variety of variables that could very well dictate the way we work in the future.

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#StartupSpotlight: Tempus Energy aims to shake up UK energy market

April 09 ,2015 | by Hari Sri

In this edition of Startup Spotlight, we speak with Sara Bell, CEO and founder of Tempus Energy, a new renewables-focused ‘disrupt’ energy supplier in the UK.

Elevator pitch

Tempus Energy has developed a disruptive technology to create cost savings across the electricity supply chain. In March 2015, we launched a new kind of electricity supplier, which matches customers’ energy use with times when renewable generation is plentiful and wholesale prices are lower.

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Bridging the economic North/South divide in the UK

April 09 ,2015 | by Hari Sri

Steps could be taken to narrow the gap between the economies of the North and the South of England.

The divide between the North and the South is not an exact line, but one that was once based largely in cultural differences. In more recent times, a lot of attention has been paid to the gap between the economies of these two different regions, which dramatically widened over the past decade.

 

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