NEWS - BUSINESS & ECONOMY
Imagine standing at the supermarket, in front of the hair products aisle, and choosing a single shampoo from the dozens of varieties sitting there.Read more >>
Globalisation has made communication between countries, regions and people much simpler, allowing businesses to expand globally and have a larger contribution to the global marketplace.Read more >>
What is data science and how can it be used in a business?
Back in the early 90s, artificial intelligence seemed far-fetched. In today’s time, it is a reality. Such advanced technology has ushered the use of big data and the need for storage of such sensitive information.Read more >>
How can efficient project management enhance your leadership skills?
A project manager oversees the various tasks involved in a project or programme to ensure a smooth process from start to finish. Creating a conductive environment and motivating team in the right direction is an essential part of the job.Read more >>
Leadership is not just about giving orders and having them obeyed. To truly lead an individual has to be an innovator and a mentor who inspires staff and encourages them to be productive.
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New research from think tank Centre for London has shown that the city continues to be buoyant, despite a slowdown in its population growth and political uncertainties caused by the UK’s exit from the EU.
The analysis was published in The London Intelligence, a quarterly publication that looks at key data in the city, including employment and economic data.Read more >>
Barclays has become the first high street bank to enter a partnership with leading financial technology firm MarketInvoice in a move that will help to change the way that small and medium-sized businesses in the UK manage their cash flow and accelerate growth.
The deal comes as part of the bank’s plans to invest in up-and-coming business models for growth and MarketInvoice’s aim to extend its services to business across the UK.Read more >>
Research from CV-Library has shown that London is one of the top cities in the UK for finding talented staff.
The UK job board compared data on its website from July 2018 with the same period last year and found that average growth in candidate interest in London increased by 13.9%.Read more >>
Research from Wesleyan Bank has shown that UK SMEs are feeling positive about their future, with nearly two-thirds expecting growth of up to 40% over the next couple of years.
The bank’s annual “SME Heroes or Zeros” report surveyed more than 500 business owners and found that over 50% have more confidence over their company’s growth prospects than they did last year, while just 11% are concerned about the impact that the UK’s exit from the EU will have on their business.Read more >>
Research from Lloyds Bank Commercial Banking has shown that business confidence in London increased in July, rising by 7 points to 47% after dipping in June.
The bank’s latest Business Barometer, which surveys 1,300 businesses each month and explores economic trends regionally and nationwide, found that businesses were feeling confident about their prospects and the wider economy.Read more >>
Research commissioned by the International Business Festival has found that access to finance is one of the biggest factors behind SMEs launching a new business.
The study, which was carried out by business research agency Coleman Parkes, surveyed 500 UK-based owners, directors and senior managers of SMEs with 9-100 employees, exploring topics such as access to finance, business confidence and generating ideas.Read more >>
Finance firms have committed to boosting their support for Black, Asian and ethnic minority (BAME) employees.
The Bank of England and HSBC are among the firms that have signed up for the Investing in the Ethnicity and Race Initiative, which was launched in 2017 by Labour MP Dawn Butler and diversity and inclusion specialists SPM Group, with the aim of improving the representation of BAME employees.Read more >>
Research from OCO Global found that SMEs are feeling optimistic about their future, with more than 30% believing that the UK’s exit from the EU will have a positive impact on their business.
The business management consultant’s SME Brexit Survey showed that businesses in London are feeling the most optimistic, with 50% believing that Brexit will have a positive impact, a higher percentage than in many other regions in the UK.Read more >>
Research collected by Instant Offices has shown that London’s economy has strengthened over the past ten years, with financial and insurance being among the sectors that have helped to drive growth.
The office space provider gathered data from the Office for National Statistics (ONS) and the Greater London Authority to highlight growth trends in London and the rest of the UK.Read more >>
Facebook plans to open a new office in London as part of the social networking company’s plans to grow its business and boost the UK economy.
The company’s new office will span two buildings in London’s King Cross, taking up nearly 600,000 square feet of space and providing enough room for over 6,000 workstations.Read more >>
The latest job market data from CV-Library has shown that businesses across the UK are feeling confident, despite the ongoing economic uncertainties caused by Brexit.
The UK job board compared data from Q2 2018 with the same period in 2017 and found that jobs in the UK increased by 11.6% in the second quarter of 2018, suggesting that firms continued to feel confident about their recruitment plans.Read more >>
Figures from the UK’s national economic development bank, the British Business Bank, have shown an increase in the bank’s supply of finance to smaller businesses.
The bank’s Annual Reports and Accounts for 2017/18 showed that the total amount of finance provided through its programmes has reached £12.25bn, a rise of 33% over the last financial year.Read more >>
The latest figures from the Office for National Statistics (ONS) have shown that the UK’s employment rate has reached a record high of 75.7%, up from 74.9% a year earlier.
The number of people in employment reached 32.40 million, 137,000 more than for December 2017 to February 2018 and 388,000 more than the previous year.Read more >>
A study from workplace help platform Rungway has identified which industries in the UK have the happiest workers, with financial services and banking making the list.
The study surveyed 2,000 employees in Britain to find out how happy they are in their job role. The figures showed that while 40% of UK workers are satisfied with their job, there is room for improvement.Read more >>
Research from Amazon has shown that financial services are among the sectors that are leading the SME economy, with small and medium-sized enterprises in the sector seeing a 1.7% increase in revenues over the past year.
The Q2 2018 Amazon SME Growth Tracker from Capital Economics, which was commissioned by Amazon UK and Enterprise Nation, analysed the growth prospects and views on the wider UK economy from SMEs using data from a survey of more than 1,000 UK SMEs.Read more >>
Research from the City of London’s governing body, the City of London Corporation, has shown that the UK’s financial and professional services sector is making a significant contribution to society.
The sector was found to be making contributions through volunteering, charity donations and funding, with education and economic development being among the supported causes.Read more >>
A survey carried out by YouGov on behalf of mobile payment services firm Ondot has highlighted a demand for real-time interaction with banks among UK consumers.
The study revealed what consumers want the most from their bank, with 60% citing peace of mind when using their card online and 25% wanting their transaction alerts to be displayed in real time.Read more >>
Research from Lloyds Bank has shown that business confidence in the UK has reached its highest since the EU referendum in 2016.
The Business in Britain report surveyed more than 1,500 UK businesses, mostly small and medium-sized firms, to measure confidence and outlook and found that 25% were feeling confident about their expected sales, orders and profits over the next six months, up from 23% in January 2018.Read more >>
A report from KPMG has shown that the UK has once again taken the top spot for venture capital (VC) investment in Europe.
The Big Four accountancy firm’s Venture Pulse Q2 2018, which explores global trends in the VC market, showed that £1.55bn was invested in businesses in the UK across 244 deals in the second quarter of 2018, up from just over £1.1m in the first quarter.Read more >>
A report from EY has shown that the UK continues to be the leading destination in Europe for financial services investment.
The Big Four accountancy firm’s UK Attractiveness Report showed that while there has been a decline in investment projects since last year as a result of Brexit, the UK still brought in a higher number of foreign direct investment (FDI) projects than any other country in Europe, with 78 projects being registered.Read more >>