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Data shows top ten UK cities for job growth

October 24 ,2017 | by Anisa Choudhary

Data shows top ten UK cities for job growth

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.

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SMEs need more access to finance, according to research

October 23 ,2017 | by Anisa Choudhary

SMEs need more access to finance, according to research

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.

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Financial services firms would benefit from fintech strategies

Financial services firms would benefit from fintech strategies

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.

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Generation Z workers expect quick promotions, according to research

October 19 ,2017 | by Anisa Choudhary

Generation Z workers expect quick promotions, according to research

Generation Z workers have high expectations when it comes to career progression.

The study, which surveyed 1,000 18 to 23-year-olds, revealed men are feeling particularly positive about progressing in their career. 18 per cent expect a promotion within less than twelve weeks of commencing employment, compared to 5 per cent of women. 

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London will remain a top FinTech hub

October 18 ,2017 | by Anisa Choudhary

London will remain a top FinTech hub

London will continue to be the world’s leading financial technology hub, according to research from rating agency Early Metrics.

The research assessed 1,500 FinTech companies across Europe and found London remains the top spot for FinTech. This is despite the challenges and uncertainty faced by executives in the industry over Brexit. 

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Apprentices can help fill skills gap, according to research

October 18 ,2017 | by Anisa Choudhary

Apprentices can help fill skills gap, according to research

Over 80 per cent of UK SMEs believe apprentices are the solution to solving the UK’s skills gap, according to the Close Brothers Business Barometer.

The quarterly found businesses believe providing more apprenticeships can help them gain access to skilled workers, with one in five having their own apprenticeship scheme in place.

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FPMS launches new funding solution for small businesses

October 17 ,2017 | by Anisa Choudhary

FPMS launches new funding solution for small businesses

Payment solutions company First Payment Merchant Services (FPMS) has launched a new funding solution for small businesses.

The Smart Business Funding solution will provide small businesses that are unable to access funding from traditional banks with financial support. This is in the face of challenges such as Brexit and technology-driven shake-ups in the banking industry.

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Springboard Consultancy launches personal and career development programme

October 17 ,2017 | by Anisa Choudhary

Springboard Consultancy launches personal and career development programme

Training provider Springboard Consultancy has launched a personal and work development programme to help individuals gain skills and rapidly develop their career.

The Boost programme was piloted in early 2017. There is high demand from employers who want to help their staff boost their skills, develop their career and quickly become more valuable to the company.

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Employees want an innovative workplace culture, research shows

October 12 ,2017 | by Anisa Choudhary

Employees want an innovative workplace culture, research shows

Research from RADA in Business, the commercial subsidiary of the Royal Academy of Dramatic Art, has found UK employees want a workplace culture that encourages ideas and innovation.

The research surveyed 1,000 workplaces and found that over 80 per cent of businesses are failing to create a culture that encourages new ways of thinking. 

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Research reveals the best time to launch a business

October 11 ,2017 | by Anisa Choudhary

Research reveals the best time to launch a business

Research from financial services company Aldermore has revealed the best time for people in the UK to start a business.

The research found that spring is the best season for launching a business, with 88 per cent of SMEs (representing more than 4.8 million companies in the UK) that have done so during this period experiencing success.

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Thousands of jobs created in East London since 2012, research shows

October 11 ,2017 | by Helen Gould

Thousands of jobs created in East London since 2012, research shows

A report from Oxford Economics has found that 110,000 new jobs have been created in East London since the 2012 Olympics, with Hackney, Newham, and Tower Hamlets seeing the highest growth.

According to the research, Tower Hamlets has seen the highest increase in jobs since 2012, with 50,000 new jobs being created.

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UK consumers want personalised banking services, research shows

October 10 ,2017 | by Anisa Choudhary

UK consumers want personalised banking services, research shows

Over 87 per cent of UK consumers agreed or strongly agreed that banking services should be personalised in a new survey from technology and omni-channel solutions company NCR Corporation.

The research surveyed more than 1,000 UK adults aged 16 and over and found that UK consumers have high expectations when it comes to banking services. 94 per cent of those with a bank account agree banking needs to be seamless across all devices and platforms.

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Women need access to more training opportunities, research shows

October 09 ,2017 | by Anisa Choudhary

Women need access to more training opportunities, research shows

Research from professional training provider The Knowledge Academy has highlighted the need for more training opportunities for the whole workforce.

The research looked at data from EU statistics organisation Eurostat alongside a survey of more than 6,000 adults carried out by the UK Commission for Employment and Skills. They found that European countries are more likely to provide training opportunities for men than women.

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Xero to launch online learning tool for students and employees

Xero to launch online learning tool for students and employees

UK cloud accounting software company Xero is to launch an online learning tool aimed at students and employees to help boost their skills.

The Xero Lifelong Learning Platform was one of many new products that were demonstrated at Xerocon in London.

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London cheaper than rival financial centres for locating staff

October 04 ,2017 | by Anisa Choudhary

London cheaper than rival financial centres for locating staff

London has outperformed its rival financial centres when it comes to the cost of locating 100 staff. The city is 25 per cent cheaper than New York, according to estate agency Knight Frank.

The 2018 Global Cities report compared the cost of locating staff in top global cities and estimated that the total average cost of employing 100 members of staff in conventional office space in London is $5,228,140 per year, compared to $6,938,000 in New York.

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UK consumers trust banks over third-party providers, research finds

October 03 ,2017 | by Anisa Choudhary

UK consumers trust banks over third-party providers, research finds

Research from management consultant company Accenture has found UK consumers are reluctant to share personal data with third-party providers, creating a major opportunity for banks when it comes to building trust.

The research surveyed over 2,000 consumers and found 69 per cent would not share their banking data with third-party providers such as social media companies, tech businesses or online retailers. 

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Lloyds boosts digital services with new flagship store

Lloyds boosts digital services with new flagship store

Lloyds has opened its first flagship store in Manchester as part of an investment into a group of flagship sites.

The £3 million store will combine face-to-face services with the latest technology as digital services become more important to the bank’s customers.

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Research shows demand for recruits in financial advice sector

September 29 ,2017 | by Anisa Choudhary

Research shows demand for recruits in financial advice sector

Research from life insurance company Prudential has shown a demand for new recruits in the financial advice sector. 70 per cent of survey respondents say they would urge people to pursue a career in financial advice.

The research showed that while financial advisers are optimistic about the growth of the financial advice market, many believe that not enough action is being taken to encourage people to enter the profession.

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Research reveals what UK consumers want from banking sector

September 28 ,2017 | by Anisa Choudhary

Research reveals what UK consumers want from banking sector

A new online global survey from ACI Worldwide and YouGov has revealed the services UK consumers want from their banks.

The research surveyed more than 9,000 consumers in the US and Europe. It found consumers worldwide expect their bank to provide new and innovative services. 

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UK businesses are embracing fintech, research shows

September 27 ,2017 | by Anisa Choudhary

UK businesses are embracing fintech, research shows

Businesses in the UK are embracing financial technology, with 77 per cent being aware of fintech products and services, according to research from finance company MarketInvoice.

The research found 65 per cent of UK businesses have adopted at least one fintech application, while 19 per cent have adopted at least four. 

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Survey shows increase in graduate jobs and apprentices

September 26 ,2017 | by Anisa Choudhary

Survey shows increase in graduate jobs and apprentices

Figures from the Institute of Student Employers (ISE) have shown an increase in the number of graduate jobs and apprentices in 2017.

The annual survey showed businesses have recruited 20,614 graduates in 2017, an increase of 1 per cent, while the number of apprentices has increased by 19 per cent to 11,016.

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PwC and EY make list of most open-minded businesses

September 25 ,2017 | by Anisa Choudhary

PwC and EY make list of most open-minded businesses

Research from salary benchmarking website Emolument.com has revealed which firms are the most open-minded and willing to consider new ideas. Professional services and Big Four firms PwC and EY made it into the top five, cited by 88 per cent and 86 per cent of employees respectively.

Goldman Sachs topped the list, with 90 per cent of employees being satisfied with the company’s open-mindedness.

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Accountancy is one of the highest-paying jobs for students

September 22 ,2017 | by Anisa Choudhary

Accountancy is one of the highest-paying jobs for students

Accountancy is one of the best-paying student jobs in the UK, according to research from UK jobsite CV-Library.

The research analysed 2,000 part-time jobs across 15 cities and revealed the best-paying roles for students. Construction topped the list with an average hourly rate of £13.58, followed by accountancy with an average hourly rate of £12.34. 

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London named most popular destination for business travel, report shows

September 22 ,2017 | by Helen Gould

London named most popular destination for business travel, report shows

A report from Heathrow Express has found that London is the most popular destination for business travel.

The 2017 Heathrow Express Business Travel Insights Report found that 85 per cent of 2,424 business travellers have travelled to London for business.

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Fintech sector crucial to London’s future prosperity, according to research

September 21 ,2017 | by Anisa Choudhary

Fintech sector crucial to London’s future prosperity, according to research

Over 45 per cent of businesses believe the financial technology sector is crucial to the future of London’s prosperity, according to the CBI/CBRE London Business Survey.

The survey of 271 respondents found the creative and tech sectors are the most important for the city’s economic growth over the next five years, with these being cited by two-thirds of businesses. This was followed by the fintech sector (47 per cent) and the professional services sector (49 per cent).

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