LSBF Blog - Global Matters
Research from Hitachi Capital Business Finance has shown that small businesses need to explore the wide range of finance options available to them.
The study found that start-ups are nearly twice as likely to use personal savings as those that have been in business for a decade or more, suggesting that small businesses in the UK are not seeking support from high street lenders.Read more >>
A study from Hydrogen and My Family Care has shown that businesses in the financial services sector are prioritising flexible working.
The research looked at the needs, wants and challenges of employers and employees across a range of industries, including banking and finance, and found that more than 80% of people look for flexible working options before committing to a company.Read more >>
A survey from professional services and Big Four firm KPMG has found that businesses in the UK value legal certainty over an ambitious Brexit deal agreed later on.
The study surveyed 280 chief financial officers and chief executive officers to find out how important a steady transition deal is to their business.Read more >>
Statistics from the Department for Business, Energy and Industrial Strategy (BEIS) have shown an increase in the number of women in senior positions in the UK’s largest companies.
The data, which coincides with International Women’s Day, showed that women now make up nearly 29% of FTSE 100 board positions, an improvement on 2011’s figure of 12.5%.Read more >>
For the fourth day of our #WonderWomen week of interviews, we spoke to Claire Carter, UK & Ireland Managing Director for Wolters Kluwer, Tax & Accounting.
With experience in the banking, tax, and accountancy industries, she’s made her mark on fields that are typically dominated by men. She believes that success in business is directly linked to authenticity, regardless of gender.Read more >>
Pat was formerly Senior Vice President Global Talent Organisation at LinkedIn and is now Chief Talent Officer - CHRO at ServiceNow, one of the fastest growing companies in the world.
Pat is regarded as one of the top CHRO’s globally and her impact at creating an employee first culture around diversity, inclusion and belonging at LinkedIn is regarded as one of the best corporate cultures out there.Read more >>
A study from the Association of Accounting Technicians (AAT) has highlighted the value of apprenticeships for smaller businesses.
The research, which coincides with National Apprenticeship Week, showed that small businesses are recognising the benefits of apprenticeships, with 97% insisting that taking on an apprentice has been constructive and good value for money.Read more >>
Today in our #WonderWomen series, we’re sharing the insights of Beth Butterwick, the current CEO of Karen Millen.
After 25 years of experience in retail – including at Marks & Spencer, Gap Inc., and Bon Marché – Beth has been awarded an Honorary Doctorate from the University of Huddersfield for her services in the sector.Read more >>
A study commissioned by digital banking solutions provider CREALOGIX Group has highlighted the need for more information on the Open Banking initiative for consumers.
The research surveyed 2,000 consumers and found that more than 85% have not heard of or are unsure of what Open Banking is, suggesting that banks need to educate their consumers about the initiative.Read more >>
We’re almost halfway through our #WonderWomen series! Today we’re introducing you to Shalini Khemka, founder and CEO of E2Exchange.
She founded The E2Exchange Group in 2011, leading to a community of around 12,000 entrepreneurs and business people. She is also a Director of the Centre for Entrepreneurs (CFE) and a judge for the Great British Entrepreneur Awards.Read more >>
A report from the City of London Corporation has shown London is a world leader for attracting international talent in financial services.
The report, entitled The City as a Place for People, showed 89% of global institutional investors believe London is the best European city when it comes to financial services talent.Read more >>
Welcome to the first day of our #WonderWomen interview series, celebrating women in business and exploring their experiences.
Our first interviewee is Hayley Parsons, founder and former chief executive of GoCompare. In 2012, she was awarded an OBE in the New Year’s Honours list for ‘services to the economy’, and is now a member of the InspireWales investment consortium.Read more >>
Several initiatives have recently been launched by the Professional services and Big Four firm PwC to help SMEs raise funding and boost their growth.
The service, which is called Raise Investment, will target businesses with an annual turnover of more than £1 million that are looking to raise £1 million to £10 million in funding.Read more >>
A survey from the Confederation of British Industry (CBI) has shown that businesses in the UK grew at the fastest rate since December 2015 in the three months leading up to February.
The CBI’s monthly growth indicator surveyed more than 670 respondents across sectors such as business and professional services, and found that business output more than doubled to +20 last month, up from +9 in the three months leading up to January.Read more >>
Every year on 8th March, the world celebrates International Women’s Day in recognition of the social, economic, cultural and political achievements of women.
This year, London School of Business and Finance (LSBF) Executive Education, GISMA Business School, and Toronto School of Management (TSoM) have launched a joint initiative. These schools will explore the changing face of business by interviewing female CEOs, leaders, and entrepreneurs to discover how they got to where they are and their ambitions for the future of gender equality.Read more >>
The latest figures from the Association of Professional Staffing Companies (APSCo) have shown demand for finance professionals was strong in January.
The figures, which focus on professional recruitment, showed a strong demand for permanent staff, with a 0.3 per cent rise in permanent vacancies. This follows recent figures from the Office for National Statistics, which showed employment has reached a record high of 75.3 per cent.Read more >>
Two of the Big Four firms have made it into the Sunday Times’ 25 Best Big Companies to Work For 2018 list.
EY came in tenth place, up from 17th place in 2017, while Deloitte rose from 18th place to 13th place on this year’s list.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
A report from the Association of Chartered Certified Accountants (ACCA) has shown that job satisfaction is higher in large accountancy firms, with 48 per cent of young finance professionals working in a large company saying that they are happy in their job role.
The report, entitled Generation Next: managing talent in large accountancy firms, surveyed 19,000 ACCA members and students aged 16 to 36, with particular focus on young finance professionals working for a large accountancy firm globally, such as one of the Big Four firms or a mid-tier company.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>