LSBF Blog - Global Matters

Apple iCloud and iMessage take on Dropbox and WhatsApp

Apple has announced new cloud and messaging developments aimed squarely at some of its key competitors.

Apple has announced a raft of new features for its software platforms, all of which appear to be aimed at getting ahead of major competitors such as WhatsApp and cloud-based file-sharing service Dropbox.

Speaking at the Worldwide Developer Conference on 2 June, senior vice-president of software engineering at the firm Craig Federighi told the audience that the upcoming OS X update will include some significant additions to messaging and cloud services.

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UK customers spend less cash than ever as digital payments rise

June 03 ,2014 | by Hari Sri

Consumers are turning away from cash to use other means of payment, data shows.

Cash has been the principal method of payment in the UK for centuries, but the advent of new technologies means that this is slowly changing.

According to figures published yesterday by the British Retail Consortium (BRC), shoppers in the UK are actually using less cash than ever before as they turn to alternative payment methods. In fact, the proportion of sales transactions conducted in cash declined by 3.3 per cent last year compared to 2012. As a percentage of total sales turnover, cash transactions slipped by 4.5 per cent.

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Employment set to pick up for UK graduates; finance leads

June 03 ,2014 | by Hari Sri

Finance is at the forefront of an upturn in graduate recruitment this year, according to new figures.

It’s an anxious time of year for many students, as exams give way to the inevitable period of waiting before results are published. In spite of the career advantages that a degree can bring, too, many will also be worrying about finding their first job. But for those who are concerned about their employment prospects once they graduate, some good news has appeared over the horizon.

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LSBF Alumni Interview: Kyle Tyrrell

June 02 ,2014 | by LSBF Blog Staff

LSBF ACCA alumnus Kyle Tyrrell is the true personification of a high achiever. Alongside his position as a Finance Business Partner at AXA Insurance UK, he qualified as an ACCA-certified accountant in 2014 and is now setting up his own business – a catering company called ‘My Little Kitchen’ with a business partner.

Kyle shares with us that his ACCA qualification and the things he learnt while working towards the qualification have helped him greatly in his decision-making as a director at his startup.

Kyle also was one of the finalists of the PQ Awards 2014, in the PQ of the Year category.

We spoke to Kyle about his reasoning behind pursuing an ACCA qualification, the benefits of studying ACCA at LSBF and what his advice for new students would be.

 

Here are some excerpts from our conversation with Kyle…

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From the world of business: May 2014 highlights

June 02 ,2014 | by Thiago Kiwi

Welcome to our news round-up for May 2014. In this round-up of the most important business news from around the world, we point you to some of the biggest news stories that have had people talking during the past month.

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Lloyds gets closer to ‘40% women leadership by 2020’ target

June 02 ,2014 | by Sarah Parkin

Lloyds Banking Group has hired a top female executive as it pushes towards its goal of increasing female representation in leadership roles.

The group has continued with its plans to hire more women in senior roles last week, after it announced the appointment of another top female executive.

Mary Hall will become the new group audit director at the firm, one of its most senior roles. She will also become the second most senior women in the organisation after Alison Brittain, who runs the bank’s retail side.

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LSBF Student Interview: Tien Thi Thuy Tran

May 30 ,2014 | by LSBF Blog Staff

Tien Thi Thuy Tran from Vietnam has always wanted to pursue her ‘dream career’ in finance. But before entering her undergraduate degree programme, she felt she needed to be better prepared.

Tien’s decision to study the LSBF Foundation Programme in Business in order to pursue a career in the financial sector has reaped rich rewards and she is now well set on moving towards her goal of one day becoming a financial advisor.

Here are some excerpts from our chat with Tien…

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LSBF Alumni Interview: Emile Albert Lloyds

May 30 ,2014 | by LSBF Blog Staff

LSBF MBA graduate Emile Albert Lloyds has a high-flying career in the financial markets. After finishing his MBA at LSBF in 2010, he secured a job as an Investment Operations and Income Consultant a JP Morgan, one of the world’s largest financial companies.

How was Emile’s path to success paved at LSBF?

Here are some excerpts from our chat with Emile…

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Argentina sets plans to repay $10 billion Paris Club debt

May 30 ,2014 | by Sarah Parkin

Argentina may have established a path back into the global community with a plan to settle its debts.

News has emerged that the Latin American country has reached an agreement with the Paris Club, an organisation which represents the creditor governments of industrialised countries.

The terms of the deal make clear that the nation will pay off some $10 billion in arrears over a period of five years, with the first repayment due in May 2015.

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Twitter founder’s startup set to offer financial support for small businesses

Twitter founder Jack Dorsey’s payment platform startup Square has announced that it plans to start a credit service to give small firms and businesses, and SMEs in general, a boost.

The past few years have seen an explosion in alternative finance. As firms have been forced to look away from banks and traditional lenders for credit, the likes of crowdfunding and venture capital have shot up in popularity.

Now, mobile payments platform Square has announced it plans to start offering its own small credit service.

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LSBF Student Interview: David Taylor

May 29 ,2014 | by LSBF Blog Staff

Continuing with our LSBF Alumni series, we spoke with LSBF ACCA Online student David Taylor.

David ,26, lives in Glasgow. After leaving school at the age of 16 he made the decision to go straight into full-time work as an accountant, planning to return to higher education at a later point in his career.

After finding himself with less and less time to spend in the classroom, he looked for study alternatives, discovering the perfect solution in LSBF’s online courses. These programmes, delivered entirely online, offered him the flexibility he needed during a particularly busy time in his life.

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More jobs for UK graduates prompts rise in hiring

Vacancies for graduates in the UK are increasing, figures show, prompting an uptick in hires.

The past few years have been tough for graduates seeking their first roles after university. An increase in the number of people pursuing further study and an economic downturn that put businesses off hiring new staff has kept competition fierce, though it varies from sector to sector.

But figures released on 28 May show that hiring intentions are finally increasing for graduates.

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Regional SMEs close to matching London growth

Small businesses across the country are getting close to growth rates seen in London.

Businesses in the UK have often said that they are concerned about the dominance of London when it comes to economic growth.

But while companies in the capital remain ahead overall, a report in the Telegraph shows that some smaller businesses across all regions are not far behind London firms’ success.

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LSBF Alumni Interview: Christiaan Heemskerk

May 28 ,2014 | by LSBF Blog Staff

Christiaan Heemskerk graduated from LSBF in 2011 with a Master’s degree in Marketing. Using the knowledge gained from his time at LSBF of the most up-to-date theories in Digital Marketing, he secured his current position as Agency Acquisition Manager at Google European Headquarters in Dublin, Ireland.

Studying at LSBF allowed Christiaan to not only gain valuable theoretical insight but also ensured attain practical implementation of course knowledge. The forward-looking nature of LSBF’s Marketing postgraduate programme gave him the upper hand he needed to outdo his competitors in the job market and step into his new role.

Here’s an excerpt from our chat with Christiaan…

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Lloyds Bank confirms TSB IPO float on London Stock Exchange

May 28 ,2014 | by Hari Sri

Lloyds Banking Group has confirmed that it will be selling off a 25 per cent stake in TSB next month.

The London Stock Exchange has seen a flurry of flotations recently, but the latest company to have announced its intention to list is set to be one of the most closely watched this year.

To comply with the divestment that was mandated by the European Union, Lloyds Banking Group has confirmed that it is planning to sell the first round of shares in TSB next month.

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UK plans opening business centres across Pakistan

May 28 ,2014 | by Hari Sri

UK Trade and Investment (UKTI) has announced its plan to open a series of business centres across Pakistan in a bid to encourage trade.

The government has been trying to rebalance the UK economy in favour of manufacturing and exports to kickstart a fresh period of economic growth. Now, the body set up to encourage greater trade with foreign markets has taken another step towards closer trading links between the UK and Pakistan.

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LSBF Alumni Interview: Rotimi Oke

May 27 ,2014 | by LSBF Blog Staff

As part of our ‘LSBF Alumni’ series, we spoke with LSBF graduate Rotimi Oke.

After finishing his GGSB Masters in International Business (MIB) at LSBF in 2011, Rotimi used his business management and networking skills to become Managing Director of Iretidu Limited, a Nigerian investment holding company with operations across a wide range of sectors, covering from IT to Real Estate.

While at LSBF, he made the most of the wide range of career support and maximised his time in a multicultural environment to make numerous contacts and pursue business ideas.

Here’s an excerpt from our chat with Romiti..

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Spain and Greece get higher credit ratings

May 27 ,2014 | by Sarah Parkin

Spain and Greece were among the eurozone countries that suffered the most during the recession. Both have had their credit ratings raised last week.

The past few years have seen many European economies take serious hits as a result of the economic downturn. But for Spain and Greece, news emerged on 23 May that may give their slow recoveries a much-needed boost – both have had their credit ratings upgraded.

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EU and US restart talks for transatlantic trade deal

May 27 ,2014 | by Sarah Parkin

European Union (EU) and United States (US) officials are involved in a new round of talks to establish a huge new trade deal. After remarkable results in the latest European Parliament elections, what will this mean for businesses?

This week has seen the launch of a new wave of talks to create the biggest trade deal in history. Officials from the world’s two most developed economies, US and EU, are coming together to discuss the Transatlantic Trade and Investment Partnership (TTIP).

Both governments claim that TTIP would lead to huge economic benefits for each side. So what is this vast agreement and where could it lead?

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Video: LSBF Trading & Financial Market Analysis Week in London

May 23 ,2014 | by LSBF Blog Staff

Last month, classrooms at LSBF’s London City Campus were converted into a trading floor as students in the GGSB MSc in Finance programme took part in the Trading & Financial Market Analysis week 2014, a practical experience in trading and risk management.

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Video: LSBF Student President Meets HND Creative Arts Students at LCCA

May 23 ,2014 | by LSBF Blog Staff

The President of the LSBF Student Association paid a visit to the London College of Contemporary Arts (LCCA) campus, where he met with students  in the HND (Higher National Diploma) Creative Arts course.

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Big firms flock to be listed in London's stock exchanges

May 23 ,2014 | by Sarah Parkin

A raft of companies have announced plans to list in London over the past few days and weeks.

London has been a global financial centre for centuries, but the past few weeks have seen its status cemented as a wave of companies have announced that they plan to pursue initial public offerings (IPO) on London’s stock exchanges.

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LSBF Student Progression and Retention Rates Exceed Sector Average

May 22 ,2014 | by LSBF Blog Staff

As a centre of education excellence, LSBF strives to provide students with first-class experience and academic development.  Reflecting those efforts, the latest figures collated by the School’s exams and assessment office show that postgraduate and undergraduate students’ progression and retention rates at LSBF are higher than some of the national average public sector figures.

According to the data, across all undergraduate programmes, LSBF maintained a progression rate of 82%, with some courses such as the Bachelors in Business Management achieving up to 93% of progression. At postgraduate level, Masters programmes offered at LSBF have achieved an average progression rate of 80%, with the MSc Finance achieving between 94% to 100% progression.

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World Cup 2014: How can Small Businesses make the most of it?

Strict licensing rules may be in place, but small and medium enterprises (SME) can still use the World Cup as a major opportunity.

It’s one of the biggest sporting events on earth, but although it arrives only once every four years, many smaller businesses tend to dread the Fifa World Cup.

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eBay hacked, urges 128 million active users to change passwords

E-commerce giant eBay has had to ask 128 million active users to change their passwords after it emerged that it had fallen victim to a cyber attack and its database had been compromised.

Since it emerged that many of the web’s biggest sites had been hit by the Heartbleed bug, potentially compromising a vast amount of personal data, web users have been even more concerned about where the next big data breach was coming from.

But on 21 May, eBay admitted that not even the e-commerce giant itself was immune, after it emerged that one of its databases was compromised during late February and early March.

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