LSBF Blog - Global Matters

Video: ‘Great Minds’ series – LSBF interviews entrepreneur and investor Deborah Meaden

October 29 ,2014 | by LSBF Blog Staff

Business education and entrepreneurship should be embedded in the education curriculum from early on – this is the view of entrepreneur and business investor Deborah Meaden, who was interviewed in a new video released by the London School of Business and Finance (LSBF) this week.

Part of the ‘Great Minds’ series of videos, the interview was led by former Education and Home Secretary Rt Hon. David Blunkett MP, who is also a visiting lecturer at the School.

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Mobile commerce startups draw billions in venture capital

October 29 ,2014 | by Hari Sri

Venture capital is proving to be a great source of funding for mobile web startups, new data shows.

With mobile penetration growing worldwide, it’s hardly surprising that there’s a bustling startup scene with young companies making the most of the opportunities offered by mobile internet. The rest of the world is also catching onto these firms’ potential, and investment is flooding into the sector.

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Metro Bank focuses business lending on SMEs

October 28 ,2014 | by Thiago Kiwi

Metro Bank’s strategy of targeting SMEs is paying dividends with an increase in business lending.

Metro Bank has been at the forefront of the challenger bank charge in recent years. As the first full-service bank to launch in a century when it took off four years ago, it has blazed a trail that is now being followed by the likes of Aldermore, and even TSB as it moves further away from Lloyds’ control.

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PwC launches initiative to help small businesses

October 28 ,2014 | by Hari Sri

PricewaterhouseCoopers and invoice finance platform MarketInvoice have struck a deal that allows them both to help new small businesses.

Small and medium-sized enterprises (SME) comprise well over 90 per cent of the UK’s companies and dictate the pace of economic growth. So it’s no surprise they represent a huge market that is being targeted by larger companies – not for acquisitions. With that in mind, PricewaterhouseCoopers (PwC) have struck a deal with MarketInvoice that will enable them both to break into that market more effectively.

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Islamic Bank of Britain set to be rebranded as Al Rayan Bank

October 27 ,2014 | by Sarah Parkin

Islamic Bank of Britain is becoming Al Rayan Bank as part of a significant rebrand.

Islamic Bank of Britain (IBB) is in the middle of celebrating its 10th anniversary, and it’s become readily established as a pioneer of Islamic finance in the UK. It still boasts the widest range of Sharia-compliant retail financial products in the UK, and it seems few banks will be able to compete in the near future. In fact, IBB is actually beginning to diversify its product and service offerings to extend the sphere of Islamic banking in the UK. Soon it plans to reflect these changing conditions with a major rebrand.

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Rise in pay for UK workers in 2015 set to beat inflation

October 27 ,2014 | by Hari Sri

Pay could finally surpass inflation next year, according to new research.

Every time new figures emerge showing that UK employment is rising, unions, businesses and consumers alike voice their concerns that pay is not picking up. Wages have risen below the rate of inflation for much of the period since the financial crisis, and they have a lot of catching up to do. Fortunately, new figures from human resources firm XpertHR show that wages may finally be due to start outpacing inflation in 2015.

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Venture capitalists see bright future for European startups

October 24 ,2014 | by Hari Sri

Europe’s tech start-ups have an even brighter future ahead, according to investors.

There has been plenty of good news recently about the European tech startup scene, and London in particular. From the first property tech accelerator in the UK capital to the succession of start-ups receiving bumper investments, it’s clear that the potential of this flourishing sector is expanding like never before.

So it may not be surprising that investors are looking towards a very promising future for European start-ups. A succession of promising companies have emerged from the scene so far, and venture capitalists expect the hits to keep on coming.

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UK rated one of world’s most SME-friendly countries

October 24 ,2014 | by Thiago Kiwi

New research from ACCA has found that the UK government is among the most positive towards SMEs in the world.

The UK has received plenty of praise recently for the welcome it extends to small and medium-sized enterprises (SME). So it’s perhaps no surprise that it’s been voted one of the most business-friendly environments in the world, according to a new report from the Institute of Management Accountants (IMA) and the Association of Chartered Certified Accountants (ACCA).

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Startups for GCHQ's cyber security accelerator revealed

October 24 ,2014 | by Thiago Kiwi

New research from ACCA has found that the UK government is among the most positive towards SMEs in the world.

The UK has received plenty of praise recently for the welcome it extends to small and medium-sized enterprises (SME). So it’s perhaps no surprise that it’s been voted one of the most business-friendly environments in the world, according to a new report from the Institute of Management Accountants (IMA) and the Association of Chartered Certified Accountants (ACCA).

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KPMG looks to cloud-based accountancy to attract SMEs

October 23 ,2014 | by Hari Sri

KPMG is trying to attract smaller businesses with a new cloud-based accountancy service.

KPMG is well known in the professional services sector for providing support to some of the UK’s biggest companies. In fact, it serves nearly a quarter of the companies on the FTSE 100. But it sees its next stage of growth as appealing to smaller businesses, and it’s doing that by stepping into cloud-based services.

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With new arrivals, more investment pours into London startups

October 23 ,2014 | by Thiago Kiwi

New sources of investment are setting up to serve London’s tech entrepreneurship scene.

London is rapidly solidifying its place among the world’s top startup destinations. There is a huge amount of potential within the capital’s bustling ecosystem, where firms with lots of potential can find the right support from mentors and investors alike.

TechCrunch Disrupt has highlighted just a small selection of the talent within the UK and Europe more broadly this week. There’s plenty more out there, too. Investment keeps flooding into London to make the most of the city’s potential.

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Most UK SMEs predict double-digit growth in 2015

October 22 ,2014 | by Sarah Parkin

Small businesses are seeking fresh growth in the UK with two-thirds anticipating double-digit growth in 2015 but are also concerned about having the resources to support it, an EE survey has found.

It’s generally accepted that conditions are getting better and better for small and medium-sized enterprises (SME) in the UK, and since SMEs make up the vast majority of all UK firms, they’re expected to be the engine of economic growth.

A recent study found that although this may be true, SMEs also have concerns about developing the right base from which to expand.

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London is great for startups, says former adviser to UK PM

October 22 ,2014 | by Thiago Kiwi

Rohan Silva, former adviser to Prime Minister David Cameron, has spoken of the benefits London offers for tech startups.

London is a great place to be a tech startup with plenty of opportunities, according to a former adviser to the prime minister.

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Singapore and Hong Kong compete to be Asia’s top financial market

October 21 ,2014 | by Sarah Parkin

Singapore and Hong Kong have much in common, but they are also competitors in Asia’s financial system.

When you think of finance in Asia, there are a few distinct locations that spring to mind. Tokyo and Shanghai are among the most well-known, but by far the most influential on the global and regional stages are Hong Kong and Singapore.

The two jurisdictions have a lot in common in many respects. They’re small cities that punch well above their weight in the global financial landscape, commonly used as bases for businesses looking to invest or expand into key Asian markets. Both have strong links with China, as well as with other key emerging economies across Asia-Pacific.

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City of London employment hits record highs

October 21 ,2014 | by Hari Sri

Employment in London’s finance sector is at a record high, according to figures from TheCityUK.

Positive news has been appearing for some time on the UK financial services sector, with data suggesting that new business confidence is pushing demand and employment higher. But new figures from TheCityUK indicate that the City is well and truly back on its feet.

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Europe’s top tech startups showcase talent in London

October 21 ,2014 | by Thiago Kiwi

TechCrunch has launched its Disrupt Europe conference in the capital, highlighting some of Europe’s top tech talent.

TechCrunch opened the European leg of its Disrupt conferences in London last weekend, highlighting the capital’s top tech startups and the huge amount of potential both in the UK and Europe as a whole. Here are just a few of the events that will make this celebration of European tech one to remember for London.

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500 banks sign up for Apple’s new mobile wallet service

October 20 ,2014 | by Thiago Kiwi

Apple says that over 500 financial institutions have signed up to its new payment service.

When Apple launched its new mobile wallet service last month, it would have been easy to lose sight of it in the furore over the tech giant’s long-awaited smartwatch. But it’s a major innovation in its own right that will finally introduce near-field communication (NFC) payment technology to iPhones and iPads, as they have existed in some Android models for some time.

The world of finance clearly agrees, since Apple says that its new mobile payments service has already seen more than 500 separate banks and financial institutions sign up.

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Why should entrepreneurs consider going to university?

October 20 ,2014 | by Sarah Parkin

Aspiring entrepreneurs should consider joining business societies while they are at university, says Canadian entrepreneur Emerson Csorba.

For a lot of students, the beginning of the year comes with plans to join all manner of societies. From choirs to sci-fi clubs, film societies and sports teams, there’s really no limits to the variety of extracurricular activities open to them. But for undergraduate and postgraduates alike with an interest in business, entrepreneurial societies should be at the top of the list.

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More jobs as UK unemployment reaches lowest level since recession

October 17 ,2014 | by Thiago Kiwi

Unemployment is declining faster than expected, figures from the ONS show.

Unemployment is still falling as the UK’s economy continues with its growth phase, according to the latest data published by the Office for National Statistics (ONS).

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Online education may become the norm in 2030, new survey suggests

October 17 ,2014 | by Hari Sri

A survey has found that experts believe traditional classrooms could be a thing of the past by 2030.

Education is undergoing major change, not just in the UK but worldwide. As technology evolves and learning itself becomes ever more globalised, new teaching methods have become the norm. Yet an entirely different form of education is also on the rise – and the growth of online learning shows no signs of slowing down. In fact, a recent survey suggests that e-learning could well become the norm.

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Growth attracts international talent into the UK job market

October 16 ,2014 | by Hari Sri

Recruiter report claims that skills gaps in the growing UK job market are attracting foreign talent.

The UK’s economic recovery is the envy of many other countries. While even some developed economies are struggling to get back into a growth phase, workers from around the world are increasingly looking to the UK for a fresh wave of opportunities. They’re also helping to fill the skills gaps exposed by fresh demand.

According to one expert, talent from struggling economies elsewhere are flocking to the UK to continue this trend.

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Education needs business backing, says London Mayor Boris Johnson

October 16 ,2014 | by Thiago Kiwi

The education sector needs more support from businesses through fresh investment, says Mayor of London Boris Johnson.

The Mayor of London has encouraged businesses to commit to offering more and better support to the education sector.

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London sees job vacancies leap by 52% in one year

October 15 ,2014 | by Hari Sri

London has seen a sharp rise in job openings and applications as the labour market gets back on track after the summer.

The summer months are normally a quiet period in the job market, as employers and job-hunters alike take time off and August in particular sees a lull in recruitment activity. As new figures from CV Library show, in London the labour market is back on track now that autumn has arrived.

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Startups: the investments keep coming

October 15 ,2014 | by Sarah Parkin

BSkyB is just one of the big investors injecting cash into promising startups as the outlook for tech entrepreneurship grows in optimism.

Considering the pace of growth among some of the world’s most promising startups, it’s hardly surprising that investors are looking for the next big tech phenomenon. In the past week alone, some major rounds of financing have been announced that show venture capital is still flowing into these promising firms.

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Amazon creates another 1,000 jobs in Britain

October 15 ,2014 | by Thiago Kiwi

Amazon’s impressive growth is continuing with new jobs being created in its UK distribution centres.

Amazon has invested more than £1 billion so far in making its operations in the UK a success. Both here and worldwide, it’s become such a significant part of the retail landscape that it’s hard to imagine shopping without it – and with Christmas looming on the horizon, it’s guaranteed to see a huge spike in demand.

However, Amazon is also planning for longer term growth in the coming months.

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