Posted By Anisa Choudhary

About Anisa Choudhary

Anisa is a politics and international relations graduate, and reports on the latest news stories regarding finance, the economy, and education.

Contact Anisa at Anisa.Choudhary@gus.global
Anisa Choudhary

British Business Bank shows strong alternative finance growth

February 21 ,2018 | by Anisa Choudhary

Anisa Choudhary

Research from the British Business Bank has shown small businesses in the UK are turning to alternative sources to obtain finance.

The 2018 Small Business Finance Markets report showed growth in equity and alternative finance, with the value of SME asset finance deals increasing by 17 per cent last year and peer-to-peer business lending and SME equity deals up by 51 per cent and 12 per cent respectively.

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Over 50% of FTSE 100 CEOs are finance professionals

February 20 ,2018 | by Anisa Choudhary

Anisa Choudhary

Figures from Global Accounting Network have shown more than half of FTSE 100 CEOs are finance professionals.

The finance recruitment agency carried out an analysis of bosses from each FTSE 100 company and found nearly a fifth have an accountancy qualification.

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Workplace relationships have a positive impact on accountants

February 19 ,2018 | by Anisa Choudhary

Anisa Choudhary

Research from CV-Library has revealed how workplace relationships affect those working in an accountancy role.

The research surveyed 1,200 professionals and found 77 per cent of accountants believe their workplace relationships have had a positive impact on their personal life.

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Treasury urges firms to sign Women in Finance Charter

February 16 ,2018 | by Anisa Choudhary

Anisa Choudhary

The Treasury Committee is calling for finance firms to sign up to the Women in Finance Charter to help boost gender diversity in financial services.

Treasury Committee Chair Nicky Morgan has written to more than 30 businesses in the sector, challenging them about why they have not signed the charter and whether or not they will.

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Lloyds first FTSE 100 company to set diversity target

February 13 ,2018 | by Anisa Choudhary

Anisa Choudhary

Lloyds Bank has recently become the first FTSE 100 company to announce a diversity target to boost the number of staff from BAME (Black, Asian and Minority Ethnic) backgrounds in senior management.

The bank will be increasing BAME employees in senior management roles from 5.6 per cent to 8 per cent as part of its 2018 Helping Britain Prosper Plan which is set to be published next week.

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Increased demand for permanent accounting and financial staff

February 09 ,2018 | by Anisa Choudhary

Anisa Choudhary

The latest IHS Markit/REC Report on Jobs from the Recruitment & Employment Confederation (REC) has shown an increase in demand for permanent staff across a number of sectors in January.

Permanent staff placements increased at the steepest rate since April 2015 last month, while overall growth in temporary billings was sharp, despite hitting a ten-month low.

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Research calls for more wellbeing programmes for finance workers

February 08 ,2018 | by Anisa Choudhary

Anisa Choudhary

A study from recruitment agency Robert Half UK has shown the nation’s finance workers need more access to wellbeing programmes.

According to the study, 78 per cent of chief financial officers believe stress levels in the workplace will increase by 2020, whilst 16 per cent think there will be no change.

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Finance one of best-paying sectors for contractors, study shows

February 05 ,2018 | by Anisa Choudhary

Anisa Choudhary

Emolument.com has revealed the sectors that offer the highest-paid roles for contractors, with several finance jobs making the list.

The salary comparison website analysed compensation data from 3,694 contractors in the UK and found the majority of the best-paying roles are in sectors such as finance.

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Report shows gender diversity improvement in financial services

February 02 ,2018 | by Anisa Choudhary

Anisa Choudhary

A report from management consulting firm McKinsey & Co has shown gender diversity in businesses in the financial services sector has improved.

The report, entitled Delivering through Diversity, surveyed 1,007 businesses across 12 countries globally to show how gender diversity has improved and how inclusion can help boost business performance.

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London business confidence highest in UK, report shows

February 01 ,2018 | by Anisa Choudhary

Anisa Choudhary

The latest Business Barometer from Lloyds Bank Commercial Banking has shown business confidence in London was the joint highest of all regions in the UK in January.  

The Business Barometer, which is released monthly and has been running since 2002, was carried out on a regional basis for the first time, with 1,200 businesses surveyed.

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Lloyds Banking Group to help boost digital skills

January 31 ,2018 | by Anisa Choudhary

Anisa Choudhary

Lloyds Banking Group has announced it will be helping to boost digital skills across the UK to enable adults to have easier access to work and education.

The bank has teamed up with The Tech Partnership to lead a consultation that aims to improve the way Basic Digital Skills are measured.

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Regulators could help London stay competitive

January 29 ,2018 | by Anisa Choudhary

Anisa Choudhary

UK lawmakers have urged financial regulators to help keep London a major global financial centre after Brexit.

A report from a House of Lords committee has suggested the UK government could require regulators to boost competitiveness in the industry and help to ensure the capital remains a global base for financial dealing.

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Bank of England Governor predicts “conscious recoupling” of economies

January 26 ,2018 | by Anisa Choudhary

Anisa Choudhary

Bank of England Governor Mark Carney has predicted a “conscious recoupling” of the UK economy with the rest of the world as Brexit continues.

Carney was speaking to the BBC at the World Economic Forum in Davos, and admitted that the UK economy is currently an outlier in terms of global economic growth.

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UK forerunner in queue for US trade deals

January 25 ,2018 | by Anisa Choudhary

Anisa Choudhary

US Treasury Secretary Steve Mnuchin has said the UK will be at the head of the queue for negotiating free trade agreements with the US.

Mnuchin, who has a leading role in overseeing the US economy, made the promise at the World Economic Forum in Davos.

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Fintech start-ups set to profit from new regulations

January 24 ,2018 | by Anisa Choudhary

Anisa Choudhary

As new banking regulations come into effect in Europe this month, a number of small UK fintech companies are poised to take advantage.

The introduction of the Second Payment Services Directive (PSD2) this month has brought open banking to the UK, and financial institutions are grappling with the opportunities and challenges presented by the changes.

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Financial firms should upgrade recruitment practices, report shows

January 23 ,2018 | by Anisa Choudhary

Anisa Choudhary

The financial services sector can do more to meet customer demand by upgrading recruitment practices, according to a report into customer satisfaction.

The survey, which was carried out by consultancy Oliver Wyman, surveyed 4,000 customers across the UK, US, France, and Australia, along with a US mass-market focus digital group of 100 customers.

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Dramatic increase in demand for specialist accountants

January 22 ,2018 | by Anisa Choudhary

Anisa Choudhary

The accountancy sector has been given a boost during the last 12 months thanks to a significant upturn in demand for interim specialists, reported by recruitment professionals.

According to Global Accounting Network, the demand for fully qualified accountants to work on a short-term or contract basis within the commercial and industrial sectors in the UK increased by 44 per cent in the year to November 2017.

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Research reveals financial roles set for biggest salary increases

January 19 ,2018 | by Anisa Choudhary

Anisa Choudhary

Finance recruitment company Robert Half has revealed which roles are set for the biggest salary increases in 2018.

The Robert Half 2018 Salary Guide showed accountants and finance leaders will see the biggest increase in their salary as demand for skilled finance professionals rises.

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Business and finance among most valuable career skills

January 18 ,2018 | by Anisa Choudhary

Anisa Choudhary

Research from global recruitment firm Michael Page has revealed skills that workers and recruiters believe are the most valuable to careers in 2018. Finance and business skills both make the list.

The research surveyed 1,196 British workers and 240 recruiters.

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Global Accounting Network shows demand for interim accountants

January 16 ,2018 | by Anisa Choudhary

Anisa Choudhary

Figures from finance recruitment agency Global Accounting Network have shown that more businesses are seeking out interim accounting professionals.

Market analysis from the agency showed demand for qualified accountants to work temporarily, on a contract-to-contract basis, increased with a year-on-year rise of 44 per cent.

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Financial services to be a priority in Brexit deal

January 15 ,2018 | by Anisa Choudhary

Anisa Choudhary

The government will make the UK’s financial services sector a priority in the next round of Brexit negotiations, according to Theresa May.

The Prime Minister met with a number of financial services leaders to discuss the UK’s exit from the EU, with input being provided by bosses from major banks and financial institutions such as HSBC, Barclays, Goldman Sachs, JP Morgan Chase, and Prudential.

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Invoice financing reaches record high in UK

January 12 ,2018 | by Anisa Choudhary

Anisa Choudhary

Figures from finance and banking trade association UK Finance have shown invoice financing has reached a record high of more than £22 billion.

The figures showed an increase in invoice finance to businesses in the third quarter of 2017, with a year-on-year rise of 13 per cent.

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FSB launches financial technology platform for small businesses

January 11 ,2018 | by Anisa Choudhary

Anisa Choudhary

The Federation of Small Businesses (FSB) has launched a new fintech platform to provide small businesses and self-employed people with more access to funding.

The FSB Funding Platform, which is regulated by the Financial Conduct Authority (FCA) and developed by business finance platform Finpoint, will help potential borrowers get access to funding by matching them with more than 100 providers.

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Data shows increase in UK banking and finance jobs

January 10 ,2018 | by Anisa Choudhary

Anisa Choudhary

Data from totaljobs has shown a record rise in the number of advertised jobs in the UK at the start of 2018, with banking and finance among the sectors that saw an increase.

The figures showed 54,000 jobs were advertised on the totaljobs website between the 1st and 7th January 2018, up by 20 per cent from the same period in 2017.

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Report recommends banking charter to boost financial inclusion

January 09 ,2018 | by Anisa Choudhary

Anisa Choudhary

A report from the London Assembly has called for the creation of a banking charter to ensure all young people in London have a bank account.

The report, entitled Short Changed: The Financial Health of Londoners, focuses on financial inclusion and offers recommendations to help Londoners get more access to high-quality, affordable financial services.

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