LSBF Blog - Global Matters
Figures compiled by Pitchbook for London & Partners show that the UK’s fintech sector led the way for VC investment in 2017, attracting a record £1.34 billion in funding.
Fintech start-ups in London were the main driver of the record figure, accounting for more than 90 per cent of all funding raised by the UK’s financial technology companies last year.Read more >>
Research from CV-Library has revealed the top industries that UK professionals who are looking to start a new career in 2018 should consider, with education and accounting making the list.
The UK job board found 75.7 per cent of UK professionals would change their career if they had the chance, while 39.9 per cent are unhappy in their current job role.Read more >>
Research from employee engagement company Qualtrics has found workers in junior positions are most likely to search for a new job at the start of the New Year.
The Qualtrics Employee Pulse report, which is released quarterly and surveys more than 4,000 workers, found workers under 35 are among those most likely to leave their job in January.Read more >>
Data from Adzuna has shown a year-on-year increase in average UK advertised salaries for the first time since June 2015.
Average advertised salaries increased by 1.2 per cent from November 2016 to £32,598, while London saw the biggest improvement in average salary, with an annual rise of 2.2 per cent to £39,457.Read more >>
Research from financial advice website Moneywise has revealed the top financial goals of its users for 2018.
The website provided its users with 13 financial goals to find out which ones they would be making a priority in the New Year.Read more >>
Lloyds Bank’s Business in Britain report from early 2017 has shown confidence among stabilised at the start of the year after a dip in the summer.
The report’s confidence index increased to 14 per cent, up from 12 per cent in September in the previous year.Read more >>
Research commissioned by London Block Exchange (LBX) has found that 33 per cent of millennials will have invested in digital currency by the end of 2018.
The study, which was carried out by Opium Research, surveyed 2,000 Britons and showed a significant increase in the number of young adults planning to invest in digital currency. 5 per cent of millennials already do this.Read more >>
Research commissioned by digital workplace provider Invotra has found that 85 per cent of senior managers in the financial services industry consider data and security systems to be their top priority after sophisticated cyber-attacks were revealed to be their biggest fear for 2018.
The survey of 504 senior managers found that despite cyber-attacks being a top concern in the financial sector, confidence is at a high amongst financial services professionals, with 94 per cent believing that they are well-equipped to defend against attacks.Read more >>
Research from Close Brothers and the Pensions and Lifetime Savings Association (PLSA) has found that millennial workers are saving more money than other generations.
The Lifetime Savings Challenge Report 2017 found that millennials working for companies with over 200 employees are saving an average of nearly £400 more per year in non-pension savings than Generation X workers.Read more >>
Research from recruitment company Hays has revealed which workers are expected to be the most in demand in 2018.
The research surveyed 17,500 employers and workers and identified the sectors that are likely to need candidates that are suitably qualified and experienced in the New Year, with accountants, payroll team leaders and computer security staff being amongst the most in demand.Read more >>
Lloyds, Barclays and Halifax are now offering a service that enables customers to pay in cheques with their mobile phone.
Lloyds and Halifax quietly introduced the feature, which is available to customers who use mobile banking, back in October, whilst Barclays is still testing the service.Read more >>
Research from the Institute of Directors (IoD) has found that business leaders in the UK have very confident expectations for their companies in 2018.
The study found that nearly half of business leaders were feeling quite optimistic or very optimistic about what 2018 will bring for their business.Read more >>
Research commissioned by Jardine Motors Group has revealed the top signs of a fulfilling career, with training opportunities, flexible working hours and regular promotions all making the list.
The research surveyed 1,700 workers to find out what today’s workers desire the most when it comes to their career, and found that the majority believe that looking forward to work is the top sign of a fulfilling career.Read more >>
London-based challenger bank Metro Bank has launched a new payment function on its mobile banking app.
The function has been designed to provide the bank’s customers with more choices when managing their payments through the bank’s app, at the store, online or via phone.Read more >>
The latest CBI/Pertemps Network Group Employment Trends Survey has shown that businesses continue to be optimistic about creating jobs in 2018, despite uncertainty over Brexit.
The survey, which is in its 20th year, interviewed 299 businesses employing one million people and found that more than 50 per cent will be taking on more staff in the New Year.Read more >>
Research from management consultant company Accenture has shown that retailers are eyeing the potential benefits of Open Banking.
The study surveyed nearly 80 payments executives from large retail companies to find out how they are planning to respond to the Revised Payments Services Directive, which is set to be introduced in January 2018.Read more >>
MBA or Master of Finance? Which degree is the best for you and your career?Read more >>
Research from the British Business Bank and the UK Business Angels Association (UKBAA) has shown an increase in angel investment in the UK.
The study revealed more than 40 per cent of angels invested more in 2016 than in the previous year.Read more >>
Research from specialist PR firm for the recruitment industry ClearlyPR has shown that the number of start-ups in the recruitment industry in 2017 has reached a record high.
The figures, which were obtained under a Freedom of Information Request from Companies House, showed that 9,001 recruitment agencies have been started since January 2017, bringing the total number of agencies now trading in the UK to a record high of 35,275.Read more >>
Research from investment management company Legg Mason has found that nearly half of millennials in the UK want to set up their own business.
The company’s fifth annual Global Investment Survey explored the views of 15,300 people and found that more millennials in the UK are setting the goal of starting up their own company.Read more >>
A study carried out by online investment platform SyndicateRoom with research company Beauhurst has shown fintech companies are growing twice as fast as start-up businesses from other sectors.
The study looked at more than 500 UK start-ups and found there has been a 63 per cent annual growth in the value of early-stage investments in financial services firms, compared to 30 per cent for start-ups in other sectors.Read more >>
London is leading the way for entrepreneurial spirit, with the city topping the latest Barclays Entrepreneurs Index.
The index, which monitors start-up activity, new business growth and the exits of young enterprises, showed that whilst the future of young businesses is uncertain, London is still the main driver of entrepreneurial activity.Read more >>
The most wonderful time of the year has come again – but for many, it isn’t so wonderful for their wallets.
However, it doesn’t have to be that way! Here are our top tips on how to save money at Christmas.Read more >>
Data from the Cambridge Centre for Alternative Finance has shown an increase in demand for alternative finance services in the UK.
The figures showed growth across the UK’s alternative finance market, including crowdfunding, invoice trading, and marketplace lending. The date found a year-on-year rise of 43 per cent in 2016 from £3.2 billion to £4.58 billion.Read more >>
Companies in the financial services sector are bringing jobs back to the UK as offshore regions face rising prices and skills shortages, according to research from recruitment company Robert Half Financial Services.
The research showed an increase in the level of onshoring amongst financial services executives, with 59 per cent of businesses transferring their offshored business operations back to the UK, which could result in a jobs boost in the financial services sector.Read more >>