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 >>
Having a relatable role model could help female entrepreneurs in the UK who wish to set up their own business to feel more confident in their ability to do so, according to research from Facebook.
The social networking website commissioned the research for its #SheMeansBusiness programme and found that more than 80 per cent of aspiring female entrepreneurs believe that having a relatable role model would inspire them to set up their own business.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 Ebuyer has found that 80 per cent of Britons aspire or have aspired to set up their own business, with Londoners being the most entrepreneurial.
The research surveyed 2,000 UK adults and found that 84 per cent of residents in London have thought about starting their own business.
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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 >>
As part of their expansion plan, Metro Bank is opening a new branch in Liverpool Street, London.
This will be the company’s 52nd store, with 12 more planned to open next year.Read more >>
Tesco Bank has incorporated facial recognition technology into its mobile banking app, enabling customers to quickly access the app and authenticate payments.
The changes are available to iPhone X customers, who can access the Face ID feature by enabling it on their device. The new Face ID technology will be optional to users.
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Research commissioned by customer engagement solutions company Engage Hub has shown that financial service providers need to place more focus on customers.
The survey of 2,500 UK consumers explored the relationship between customers and financial service providers and found that more than 30 per cent of consumers believe that providers do not take customer experience seriously.Read more >>
Mayor of London Sadiq Khan has announced the London Living Wage has increased from £9.75 to £10.20 per hour.
The 4.6 per cent rise marks the first time the city’s Living Wage has increased to more than £10.00 per hour.Read more >>
Research from Innovate UK has found business owners misunderstand what investors are looking for, with soft skills being the most valued when it comes to making investments.
The report compared the views of scale-up businesses and investors. It found that 84 per cent of investors believe poor communication is a deal-breaker, compared to 46 per cent of business owners.Read more >>
Several UK banks and financial services firms have made it onto ‘LinkedIn’s Top 25 Companies – Startups’ list.
The companies were selected from nearly 25,000 venture-backed companies. Nearly a third of the list was made up of financial technology businesses, including challenger banks and currency converters.Read more >>
Research from recruitment company Hays has found 70 per cent of UK workers believe introducing return-to-work programmes or similar initiatives could help improve gender equality.
The Hays UK gender diversity report 2017 surveyed 5,400 workers in the UK. It found some employers are providing opportunities for workers that have taken a career break.Read more >>
The UK has been named the most attractive country to employers and staff in a report from real estate company Colliers International.
The report rated Britain highly for its talent, quality of life, location and cost, with Colliers International placing the UK amongst the lowest-risk European countries to start and run a business, despite concerns over Brexit.Read more >>
Research from Visa has shown that millennials are choosing banking apps over traditional bank branches, with 53 per cent of 18 to 34-year-olds regularly using a banking app on their mobile phone.
The research surveyed more than 2,000 Brits and found that 38 per cent routinely use a banking app on their phone. However, banking apps have not quite yet taken over, with 31 per cent of millennials admitting that they have never used one.Read more >>
A business club aimed at female entrepreneurs has been launched in Shoreditch, London, for the first time.
The club, which was launched by female-focused networking club Blooming Founders to provide an inspirational co-working space for women, is open to female founders, freelancers, investors and advisors.Read more >>
London is a top location for entrepreneurs and business executives, with more than 60 per cent saying they would choose to base their business in the city, according to research from London Executive Offices (LEO).
The research also found that 57 per cent of UK entrepreneurs and business executives believe start-up businesses that are based in London have the best chance of success with an annual growth of 20 per cent.Read more >>
Alternative banking app Revolut has signed up 16,000 companies across the UK and Europe to its Revolut for Business platform since its launch earlier this year.
The service has enabled companies sign up for multi-currency accounts and make money transfers in 26 currencies to make payments to overseas employees or suppliers.Read more >>
The graduate unemployment rate has dropped from 5.7 per cent in 2016 to 5.3 per cent, the lowest since 1989, according to a study from Prospects.
The annual study is titled What do graduates do? It was written in partnership with the Association of Graduate Careers Advisory Services (AGCAS), and it found that the number of unemployed and employed graduates has fallen.Read more >>
Barclays is to offer free accommodation for one month to graduates that are attending job interviews in London, Manchester, and Birmingham, starting from 30th October.
The move comes after research from the bank found graduates spend £506.55 on average securing their first job after university, with some attending more than three interviews before being offered a job.Read more >>
Data from CV-Library has revealed the top ten cities in the UK for job growth in the third quarter of 2017, with London featuring in the top three.
The survey compared the figures with data from the same period last year and found that the number of advertised vacancies increased by 12.2 per cent year-on-year, with several of the UK’s major cities seeing the biggest rise in jobs.Read more >>
Research from Santander Corporate & Commercial has shown SMEs need more access to finance.
The research found that around 50 per cent of high-growth SME owners in the UK have been unable to expand their business as a result of problems with accessing finance. This is compared to 36 per cent of businesses as a whole.Read more >>
Having a fintech strategy in place would be beneficial to financial services firms in the future, according to a report from professional services and Big Four firm KPMG.
The report, “Forging the future”, surveyed 168 finance firms from 36 countries.Read more >>