LSBF Blog - Global Matters

Londoners can now choose ‘.london’ domain names

Business and individuals can now choose to end their web address with .london rather than .com or .co.uk.

Organisations, businesses and individuals can now sign up to use .london as their domain name for their web address.

Dot London was officially launched on Tuesday (April 29th) to allow firms and other web users to apply for a web address which features the name of the capital, providing an alternative to the standard options of .com, .co.uk or even .net or .org.

Anyone interested can now apply via the makeit.london website to ensure their site is associated with one of

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5 tips on how to succeed in energy and sustainability careers

May 01 ,2014 | by LSBF Blog Staff

Few sectors attract as much media attention as energy, oil and gas, carbon entrepreneurship and sustainable businesses. But how do you thrive in this tough career?

There are lots of different challenging and rewarding career options if you have an interest in energy and sustainability. Perhaps you’re considering developing low-carbon technologies, either through your own startup or working for an energy company. You might be looking to manage a firm’s sustainability programme or rise through the ranks of and oil and gas company.

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From The World Of Business: April 2014 Highlights

May 01 ,2014 | by Sarah Parkin

Welcome to our news round-up for April 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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Tube strike: the business impact

May 01 ,2014 | by Sarah Parkin

Tube strikes have meant many Londoners having to go overground this week. How were businesses affected?

The second 48-hour strike this year has taken its toll on London’s commuters this week, but many businesses have also complained about the potential losses involved.

After the walk-out started at 20:30 BST on Monday (April 28th), the Tube network was reduced to limited services, with two lines not running at all. Extra buses and boat services were deployed to make the most of the capital’s roads and waterways.

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China to become world’s largest economy by purchasing power

April 30 ,2014 | by Hari Sri

A century of US dominance could come to an end as China becomes the world’s largest economy.

China is set to become the world’s biggest economy this year, according to a new report, ending over a hundred years of US supremacy on the global stage. The figures from the UN International Comparison Programme (ICP), which is hosted by the World Bank, calculates the size of an economy in terms of purchasing power parity (PPP).

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UK Small Business Output Rockets

Figures from Bibby Financial Services have found that small firms in the UK are enjoying a spike in output.

Small businesses make up more than 95 per cent of the UK’s firms, so it is clear that they play an important role in economic recovery. Fortunately, new research has found that output is rising among small and medium-sized companies.

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Why is Pfizer still pursuing AstraZeneca acquisition?

April 29 ,2014 | by Sarah Parkin

Pfizer has seen two previous bids to acquire AstraZeneca rejected by the company. Why is it making a third attempt?

US pharmaceutical company Pfizer Inc could be set to buy UK firm AstraZeneca Plc at a premium – on its third attempt. The world’s biggest drug group has announced that it has approached AstraZeneca twice already this year. But Pfizer’s proposition was rejected when the first overtures were made in January, and again when it renewed its interest on Saturday, 26 April, the company has confirmed.

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Uncertainty shadows the future of London’s iconic Gherkin building

April 28 ,2014 | by Hari Sri

Years of defaults from one of its owners have put the Gherkin into receivership. What could happen to the famous building?

The Gherkin has been one of London’s most iconic landmarks ever since it was built a decade ago. But since one of its owners went into insolvency, the future of 30 St Mary Axe has been thrown into uncertainty.

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Competition: ‘Share the Pain’ To Study at LSBF for FREE!

April 25 ,2014 | by LSBF Blog Staff

Heard something cringe-worthy in the office lately? Have a funny office jargon-use anecdote to tell?

Share your tale of woe with us to win a chance to study an Executive Education course at LSBF for FREE!

 

To enter this competition, visit: http://bit.ly/ShareThePain

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UK 2.5 per cent pay rises indicate strong salary growth

April 25 ,2014 | by Hari Sri

New figures show that employers awarded pay rises of 2.5 per cent in the first three months of the year, thus matching the rate of inflation in Britain.

The UK economy may be on the road to recovery, but until now many British workers have seen relatively little improvement in their finances at the end of each month. However, new data from research firm IDSPay.co.uk shows that wages are finally beginning to keep up with inflation.

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5 Tips to Succeed in Investment Banking and M&A

April 24 ,2014 | by LSBF Blog Staff

Investment banking and mergers and acquisitions (M&A) are not the easiest of sectors to succeed in, but commitment and commercial awareness will stand you in good stead.

Whenever they hear about investment banking and mergers and acquisitions (M&A), the first thing most people think about is the fabled high level of reward. But to draw such a large salary and earn considerable bonuses, you’ll have to put in plenty of hard work to progress your career.

Breaking into this competitive job market is one thing, but how do you advance once you’re there? In short, you’ll have to consistently produce

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UK government creates new role to support female entrepreneurs

April 24 ,2014 | by Sarah Parkin

The UK government has created a whole new position in the Department for Business, Innovation and Skills to champion female entrepreneurs.

Liberal Democrat MP Lorely Burt has been appointed by the Department for Business, Innovation and Skills (BIS) to encourage women who are starting out on their own and investigate ways in which the government can support them. A former prison officer at one of the UK’s toughest gaols, Burt, who used to run her own business, will now champion women who set up their own businesses.

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5 Bosses You Don’t Want to Become

April 23 ,2014 | by LSBF Blog Staff

Everyone knows that moving up the career ladder is a tough task, but avoid turning into one of these horrible bosses.

Getting that first job is hard enough, but progressing in your career’s far from simple. Taking on responsibility for managing others can be an important part of that learning curve – but it’s important to become the right kind of boss.

It’s safe to say these people never learned that lesson. Here are some of the worst bosses ever to have graced your TV screen or cinema. A word to the wise: whatever they do, do the opposite.

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Microsoft could get rid of Nokia brand

Microsoft stands primed and ready to take over Nokia, and it could be planning to do away with the famous brand name.

There was a time when virtually everyone carried a Nokia phone in their pocket. Popular models such as the 3210 and 3310 enjoyed large market shares. Almost everyone knew someone who had a Nokia device, at least in key markets in Europe and the US. But with Microsoft poised to take the company over, one of the most recognisable names in technology could be about to disappear.

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4 Annoying Office Types and How to Handle Them

April 22 ,2014 | by LSBF Blog Staff

Everyone knows one of these jerks in their office. How do you deal with them?

Climbing the career ladder can be tough but rewarding, and if you have great colleagues the job becomes much easier. Yet every office has that one person who manages to irritate everyone at once – and it’s everyone’s job to deal with them.

Here are some of the most common types of office jerk, as well as some tips to handle them.

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British Airways Plans to Use Garbage as Fuel

April 22 ,2014 | by Hari Sri

British Airways is planning to break new ground by running flights powered by rubbish. The airline is hoping to change the face of travel and improve its carbon footprint by running flights powered by landfill waste.

The company has announced that it is partnering with Solena Fuels to build a specialised facility that will convert rubbish into airline fuel – the first of its kind in the world. Due for completion in 2017, the plant will create up to 150 permanent jobs on top of the 1,000 workers who will be required to build the site itself.

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Do you have what it takes to be a management consultant?

April 21 ,2014 | by LSBF Blog Staff

Management consulting is one of those professions everybody’s heard of, but few seem to really understand. Do you have what it takes?

What’s the job?

You’ll hear lots of jargon and buzzwords around management consulting, but in its purest form it’s a fairly simple role to understand. It involves conducting thorough analysis and assessing the processes and procedures in an organisation, before providing objective advice on everything from IT systems and supply chain management to human resources and marketing techniques.

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How to pass the ACCA F8 and P7 papers

April 18 ,2014 | by Paul Merison

By Paul Merison*

I have been an audit tutor for almost 18 years. Throughout that time, students have struggled to pass audit papers. In fact I regularly meet students who have only 2 papers left to complete their ACCA exams – F8 and P7. It happens far too often.

So, here is my advice on how to pass F8 and P7 (it is mostly the same advice for both papers).

But this will not make you pass.

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Disney Asian Operations Exit to Cost Pakistan $200m

April 18 ,2014 | by Hari Sri

Disney’s decision to decamp from Pakistan to India and China could cost Pakistan millions. Why has the decision been taken?

It may have been rumoured for several months, but now that Disney has gone through with its plans to pull all sourcing operations out of Pakistan, the country is concerned about the damage that has been done to its reputation and finances alike.

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London Top Choice for European Businesses

April 17 ,2014 | by Sarah Parkin

London is home to more companies’ European headquarters than any other city, according to new research from Deloitte. What keeps the capital so popular?

Most Londoners will say there’s something very special about the capital, but it seems that the world’s big businesses would agree with them. According to new research from Deloitte, London really is the business capital of Europe.

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China growth rate beats expectations despite slowdown

April 17 ,2014 | by Sarah Parkin

China’s economy grew by 7.4 per cent in Q1 compared to the previous year, figures show. Though the country is experiencing a slowdown, it’s still beating expectations.

China’s growth rate has been the envy of developed economies around the world for years, but signs have emerged that it might be slowing down.

New figures show that the nation’s economy surpassed expectations and grew by 7.4 per cent year-on-year in the first quarter of the year. This is much higher than many Western economies – after all, the EY ITEM Club has forecast the UK will grow by 2.9 per cent

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Are we really in a Tech Bubble?

April 16 ,2014 | by Sarah Parkin

The technology sector has apparently gone from strength to strength recently – but is it a bubble and if so, will it burst?

When the company behind Candy Crush Saga said it was planning an initial public offering (IPO), many commentators saw the initial valuation of King Digital Entertainment Plc at $7.6 billion (£4.54 billion) as over-ambitious. By the time shares had fallen by over 15 per cent at the end of its first day of trading, it seemed they had been proved right.

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10 best places to visit in London this summer

April 16 ,2014 | by LSBF Blog Staff

Few cities are as exciting as London, but what are the best things to do in the UK capital?

For centuries London has been known as one of the biggest business centres in Europe and the world. But it’s also a vibrant and fast-moving city which is packed with attractions to visit. Whether you’ve visited before or you’re totally new to the capital, here are some of the biggest visitor attractions you can’t afford to miss.

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EU plans high-frequency trading crackdown

April 16 ,2014 | by Sarah Parkin

New restrictions on high-frequency trading are planned in the European Union (EU), but analysts are divided on the proposals.

High-frequency trading is about to become subject to tough new rules within the EU. Policymakers are preparing to pass new legislation that will place some of the world’s strictest regulations on the practice, which uses computers and complex algorithms to monitor different markets at the same time and place multiple orders at once.

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5 Tips to get a great job in ecommerce accounting

April 15 ,2014 | by LSBF Blog Staff

There are some excellent opportunities for the right graduates in the ecommerce accounting sector.

Accounting is a fantastic sector to work in. With a great starting salary, strong prospects and the freedom to work in countries all over the world with the right qualifications, the possibilities are virtually endless. But one sector in particular where the future looks bright is ecommerce.

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