Posted By Anisa Choudhary
Data from the Cambridge Centre for Alternative Finance has shown an increase in demand for alternative finance services in the UK.
The figures showed growth across the UK’s alternative finance market, including crowdfunding, invoice trading, and marketplace lending. The date found a year-on-year rise of 43 per cent in 2016 from £3.2 billion to £4.58 billion.Read more >>
A recent study carried out by recruitment company Robert Walters highlighted the importance of career development among women. They found that 94 per cent of females believe mentoring programmes are valuable to helping them develop their career.
The research showed a lack of development programmes in the workplace, with 45 per cent of businesses surveyed offering no development schemes and 18 per cent of employers not offering any career development opportunities at all.Read more >>
The latest IHS Markit/REC Report has shown that the number of permanent placements increased at the fastest pace for three months in November.
The report identified the sectors that saw the biggest increase in permanent staff vacancies, with accounting and financial seeing the highest rise, followed by IT and computing.Read more >>
A report from Travelex Currency Solutions has found nearly 60 per cent of UK consumers want access to a banking marketplace to enable them to manage multiple accounts more easily.
The study surveyed 1,000 UK consumers and found that the number of money-related accounts has increased, with more consumers choosing to open accounts with fintech companies and challenger banks.Read more >>
More people in Britain are taking advantage of mobile payments, according to research from payment systems company Vocalink.
The company’s State of Pay 2017 report surveyed more than 2,000 British consumers across all age groups. They found that payment services provided by applications including Apple Pay, for example, are rising in popularity across the UK.Read more >>
Research from Robert Half has revealed which jobs will see the biggest salary increases in 2018, with several finance roles making the list.
The Robert Half 2018 Salary Guide revealed that junior developers top the list.Read more >>
The latest Barclays Entrepreneurs Index has shown London continues to be the UK’s top city for entrepreneurship, with the number of high-growth businesses in the city increasing by 9 per cent year-on-year.
The annual index showed that the city accounts for 37 per cent of the UK’s high-growth companies and also has the highest overall number of private equity-backed companies at 204.Read more >>
Research from recruitment company Hays has shown two-thirds of financial firms will go ahead with their recruitment plans in 2018, despite Brexit.
The research surveyed more than 900 UK employees and employers from the banking and finance sectors.Read more >>
Emerging banking technology is creating opportunities for finance brokers, according to asset finance company Copernicus.
The company said finance brokerages in the UK can offer personalised services by investing in better technology.Read more >>
Demand for permanent professionals increased in October, with an annual rise of 0.2 per cent in vacancies, according to the latest figures from the Association of Professional Staffing Companies (APSCo).
The data, which concentrates on professional recruitment, showed that while demand fell across all of APSCo’s core sector groups, permanent placements increased across a number of sectors.Read more >>
A report from research and strategy firm Source Global Research has shown banks increased spending on consultants in 2016, with a growth of 8.4 per cent globally.
The Financial Services Consulting Market 2017 showed spending increased to £10.2 billion. Spending was up by 8.3 per cent in the global financial services industry, with the UK, US, and DACH being the biggest spenders.Read more >>
Professional services and Big Four firms Deloitte and PwC have joined an initiative that aims to boost the number of women in the technology industry.
The companies join 88 other firms that have signed the Tech Talent Charter, including banks and technology firms such as Lloyds Bank, Nationwide Building Society, Dell, and HP.Read more >>
Graduates are more drawn to companies that offer clear career prospects, according to research from GTI.
The study surveyed 949 students and recent graduates and questioned them about career expectations and what they look for in an employer. The results found more than 50 per cent favour employers that offer career progression opportunities.Read more >>
Lifelong learning and better career guidance could help boost growth and productivity in the UK, according to a report from the OECD.
The report, entitled Getting Skills Right: United Kingdom, showed 42 per cent of adults have a tertiary degree, compared to 34 per cent across the OECD. This suggests that an increasing number of people in the UK are completing higher education.Read more >>
A new guide has been published to show how the collaboration of fintech firms and banks could help improve the financial services industry and strengthen the UK’s position as a global fintech leader.
The guide, entitled Transformation and innovation: a guide to partnerships between financial services institutions and finTechs.Read more >>
At least 150,000 workers in the UK are set to receive an increase in pay after The Living Wage Foundation announced a 3.6 per cent rise in the UK Living Wage.
The new UK rate is now £8.75 per hour, up from £8.45 and £1.25 more than the minimum wage.Read more >>
Research from the Association of Chartered Certified Accountants (ACCA) has revealed the most popular sectors that millennials working for small-medium businesses would like to move to.
Big Four firms and large businesses both topped the list at 21 per cent.Read more >>
Research from online training platform Course Library has found 50 per cent of UK workers want employers to make a greater investment in further training in boosting digital skills.
The study of 1,000 adults aged between 18 and 64 found that while the majority of UK businesses are not doing enough to provide training, UK workers have a strong interest in boosting digital skills.Read more >>
The number of accountancy jobs has increased as businesses search for professionals to fill roles in the sector, according to a survey from recruitment consultant Robert Walters.
The survey showed that demand for accountancy professionals has remained strong throughout 2017, with the number of job roles in the UK rising by 15 per cent in the third quarter of the year.Read more >>
Flexible working is one of the main drivers of motivation for UK employees, according to HSBC.
Their study found 89 per cent of employee respondents believe flexible working is a key motivator for boosting productivity levels. 77 per cent consider financial incentives to be the main motivator.Read more >>
Barclays has teamed up with London based fintech start-up Flux to trial itemised digital receipts to 10,000 of the bank’s customers.
The trial, which will be rolled out through the Barclays Launchpad app, will mark the first time that Flux has entered a ‘tier one bank partnership’.Read more >>
Research from recruitment company Robert Half Financial Services has revealed the most appealing factors of a career in the financial services industry.
The research, which coincided with International Accounting Day, found that 34 per cent of financial services leaders believe a career in the industry is attractive.Read more >>
The number of permanent placements in London has increased at its fastest rate since May. This information was reported by the Recruitment & Employment Confederation’s Report on Jobs: London for October 2017.
The report also showed that the number of employed temporary/contract workers in London increased for the 15th successive month in October. The rate of growth increased at a faster rate from September.Read more >>
Research from Arch Apprentices has revealed the top qualities that employers look for when recruiting young candidates.
The research surveyed 500 business decision-makers and found that the majority of employers value enthusiasm when it comes to recruiting young people for their business, with this being cited by 74 per cent of respondents.Read more >>
Professional services company Accenture has launched a programme to help professionals who have taken a career break to return to work.
The Break|Through programme will offer professionals the opportunity to boost their skills and secure a job role with Accenture.Read more >>