LSBF Blog - Global Matters

SMEs can help tackle youth unemployment, says CIPD

April 08 ,2015 | by Claire Payne

According to CIPD’s recent research into young people and the workplace, SMEs can help overcome youth unemployment in Britain.

Over the last three years, the Chartered Institute of Personnel and Development (CIPD) have been collating information to establish the levels of employer engagement with young people – those aged 16 to 24. The Learning to Work survey report has been created with a particular focus on the recruitment of young people and the types of programmes offered to them by organisations.

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GoDaddy raises $460m as IPO exceeds market expectations

April 07 ,2015 | by Claire Payne

Web hosting company GoDaddy has enjoyed an extremely successful debut on the stock market.

GoDaddy’s initial public offering (IPO) not only exceeded analysts’ expectations, but performed better than it had anticipated. The technology provider to small businesses priced its shares at $20 each, higher than the estimated range of $17 to $19.

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UN report shows green energy investments rose 17% last year

Global investments in green energy surged by 17 per cent in 2014 to $270 billion.

The world witnessed a strong rebound in global green energy investment last year, despite the price of crude oil sharply declining from mid to late 2014, according to a report from the United Nations Environment Program (UNEP).

It was the first annual increase in dollars invested in and committed to renewables (excluding large hydro-electric projects) in the last three years, as total investment grew by 17 per cent to $270 billion.

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£10 million funding to boost tourism in the North of England

April 02 ,2015 | by Erin O’Neill

Deputy Prime Minister Nick Clegg and Culture Secretary Sajid Javid have announced a £10 million fund to boost tourism in the North of England.

The fund will go towards a new initiative that will see tourism bodies, such as ‘Cumbria Tourism’ and ‘Welcome to Yorkshire’, work together to attract overseas visitors to the North.

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Economic growth predictions revised higher in UK

April 02 ,2015 | by Erin O’Neill

Final figures for 2014 show the UK’s economy expanded faster than initially estimated.

Figures showing activity for the last quarter expanded at 0.6 per cent instead of 0.5 per cent, according to the Office for National Statistics (ONS).

Furthermore, the unexpected revision also increased growth for the whole year, which rose from 2.6 per cent to 2.8 per cent - the highest annual growth rate since 2006.

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UK pension reforms: what are their potential impacts?

April 01 ,2015 | by Helen Gould

On Monday 6 April, new rules will come into place that will allow pensioners full access to their retirement funds. But what could this mean in practice?

From the beginning of next week, people drawing a pension will not have to take an annuity, but instead can decide how much they want to take out of their pension and when.

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March news round-up

April 01 ,2015 | by Claire Payne

Welcome to this month’s news round-up of all the major stories that have kept us talking this March.

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Santander backs mobile payments start-up MyCheck

Mobile payments start-up, MyCheck, secures $5 million in Series B funding led by Santander.

MyCheck, the mobile payments service, completed its second round of funding, resulting in $5 million of investment for the start-up. 

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New survey shows rising optimism in UK financial services

March 31 ,2015 | by Thiago Kiwi

Survey illustrates that optimism in UK financial services is on the up.

Financial firms in the UK are becoming more optimistic, according to a recent CBI/PwC survey. 

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New research could affect which jobs applicants apply for

March 31 ,2015 | by Claire Payne

Job seekers can now get an insight into individual companies before deciding to work for them thanks to new research and an innovative online tool created by Emolument.

Emolument Employer is a new service allowing individuals to access accurate pay data, including average salary details for a range of positions across a wide number of notable employers.

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TV show to follow young tech entrepreneurs in Silicon Valley

Channel 4 show ‘How to be a Young Billionaire’ will follow three young entrepreneurs attempting to make their multi-billion pound start-up dreams come true in Silicon Valley.

The three entrepreneurs on How to be a Young Billionaire - Josh, Julia, and Robyn - are all in their twenties, with big ambitions. Josh is working on a game, but needs an investment of $5m to complete it; Julia has created an app for teenagers to share secrets and wants to grow her user base; and Robyn is attempting to move her lesbian dating venture to the USA.

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#StartupSpotlight: SATcase keeps you connected to the world, anytime and anywhere

March 30 ,2015 | by Hari Sri

In this edition of Startup Spotlight, we speak with Jim Thomson, CEO of SATcase™, a reliable communications device aimed at keeping remote-area travellers and workers connected to the world at all times.

Elevator Pitch:

SATcase™ is a revolutionary new communications device that uses satellite technology to help keep people safe in remote areas of the globe.

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New tech funding to boost startups in the North

UK chancellor George Osborne’s £11 million budget pledge will support new technology companies in the north of England.

The budget investment pledge for incubators is a welcome investment for startups in places like Manchester, Leeds, and Sheffield, which have seen huge rates of growth in the technology sector.

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One million homes could soon access newfound renewable heat

March 30 ,2015 | by Claire Payne

An interactive map has revealed previously hidden locations of renewable water source heat which could soon be heating up to one million homes across England.

The innovative Water Source Heat Map has revealed secret energy in over 4,000 rivers, estuaries, canals and coastal sites across the country. Together, these sources could provide over six gigawatts of low-carbon heat to homes and business premises across the country.

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Accenture report shows Fintech investment tripled in 2014

March 27 ,2015 | by Helen Gould

Investment in financial technology companies has trebled last year.

The digital revolution in financial services is picking up steam, according to a report from Accenture. Global investment in financial technology businesses tripled to more than $12.2 billion in 2014, up from a little over $4 billion in 2013.

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Food companies Heinz and Kraft set to merge

March 27 ,2015 | by Claire Payne

Two global food companies, Kraft and Heinz, are set to merge to create the world’s fifth largest food group.

Kraft’s share price surged after a deal was announced for the group to merge with food giant, Heinz, in a move worth $46 billion that will create the third-largest food and drinks company in the US and the fifth largest in the whole world.

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New research illustrates challenges faced by UK SMEs

A major poll from the Forum of Private Business offers insight into the challenges faced by UK SMEs.

Research published by the Forum of Private Business has indicated that the growth of UK’s small and medium-sized enterprises (SMEs) is stifled by the growing costs of doing business. 

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Small fintech firms step up challenge to big banks

March 26 ,2015 | by Helen Gould

Smaller fintech startups are continuing to compete with the individual services of bigger banks.

The banking industry is under attack from a swarm of smaller fintech firms who are not looking to usurp their places in the banking industry, but are challenging one of the many services that big banks provide.

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Top 6 must know business figures

March 26 ,2015 | by Erin O’Neill

When businesses are starting out it’s crucial they get to grips with numbers. Firms will need to know their outgoings and levels of earnings in order to calculate profit. However, it’s not always as easy as that.

According to Startups.co.uk, successful managers will focus on a broad range of metrics. Here, we have outlined the six most important for managers to understand.

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Telefonica set to finalise O2 sale for £10.25bn

March 26 ,2015 | by Claire Payne

The O2-Hutchison Whampoa deal, set to be finalised in the near future, will create the UK’s largest mobile group.

Hutchison Whampoa has reached a “definitive agreement” with Telefonica to buy its O2 mobile phone network for £10.25 billion, in a move that will create the UK’s biggest mobile operator.

The decision follows on from weeks of negotiations that were first announced in late January, and is the latest buy in a spending spree by Li Ka-shing, owner of Hutchison Whampoa. 

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How businesses can support women in leadership in the workplace

March 26 ,2015 | by Helen Gould

Women make up less than a quarter of FTSE 100 directors. While the representation of women in the boardroom has increased slowly, how can more women be encouraged to reach for the top?

The Women and Work Commission recently found that if all women were able to perform to their full potential, they could contribute approximately £23 billion to the economy. Additionally, research conducted by McKinsey & Company found that companies with more women on their boards significantly outperform companies with no female representation.

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#StartupSpotlight: MoveHub makes moving abroad simple

March 25 ,2015 | by Hari Sri

In this edition of Startup Spotlight, we speak with Ben Tyrrell, Head of MoveHub, a London-based startup dedicated to international removals that has helped over 450,000 people move since its launch last year.

MoveHub is a one-stop shop for people who want to move abroad; our site will tell you everything you need to know about your prospective city from the best residential areas to buy a house in to where to go for the best food to the rankings of local schools and when you are ready to relocate.

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Developing Asia economies set for strong growth, says report

March 25 ,2015 | by Hari Sri

Economic growth in Asia will remain strong this year and the next, according to a recent report.

According to the latest report from the Asian Development Bank (ADB), the developing economies of Asia are set to see robust growth in 2015/16 as the global recovery gains traction and commodity prices remain depressed. It forecasts that there will be steady growth of 6.3 per cent this year and the next, with inflation slowing down to 2.6 per cent in 2015.

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New business accelerators planned for UK regions

The launch of three new business accelerators is planned in Bristol, Leeds and Brighton.

Three new business accelerators will open in Bristol, Leeds and Brighton, offering free services to 80 entrepreneurs in each city. The programme comes from Entrepreneurial Spark in conjunction with NatWest, and builds upon the success of their first accelerator in Birmingham earlier this year.

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Dell offers residency at HQ for startup competition winner

Dell is launching a competition to search for their next ‘Startup-in-Residence’.

Computer giant Dell has begun the search for an innovative early stage startup to take up residency at its UK headquarters as part of its latest Startup-in-Residence initiative.

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