LSBF Blog - Global Matters

EdTech businesses team up to launch London EdTech Week

Ten of London’s leading education technology companies have teamed up to launch London EdTech Week.

British Educational Suppliers Association (BESA), EdtechXGlobal, EdTech Exchange and Google for Education are amongst the organisations that will be launching the event, which is set to take place from 19th to 23rd June 2017. 

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What are your options after you get your ACCA results?

April 18 ,2017 | by Helen Gould

For most students, passing the ACCA exams takes up a huge amount of their time and energy – but once the results are in, a whole new challenge begins.

Here’s our advice on what to do, whether you pass or not.

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ONS figures reveal average pay of jobs in UK

April 18 ,2017 | by Hari Sri

New figures from the Office for National Statistics (ONS) have revealed the average earnings for jobs across the UK.

The ONS surveyed 21,563,000 people in the UK to calculate the salaries of over 400 jobs, with roles such as chief executives, sales accounts and business development managers being amongst the highest-paid positions. 

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Think tank calls for more support for disadvantaged graduates

April 17 ,2017 | by Thiago Kiwi

The Institute for Public Policy Research (IPPR) is calling for more support for disadvantaged graduates to enable them to have better access to internships.

A report from the think tank, titled The Inbetweeners: The New Role of Internships in the Graduate Labour Market, found that whilst there are as many as 70,000 internships on offer, many of the positions do not offer meaningful learning opportunities. 

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Business optimism at record high globally, research shows

April 13 ,2017 | by Hari Sri

Business optimism has reached a record high globally, with the US in particular experiencing a surge at 80 per cent, according to the International Business Report from professional services network Grant Thornton.

The report surveyed 2,400 businesses in 36 economies and found that business optimism has risen to its highest level going into the second quarter of 2017. 

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Business optimism at record high globally, research shows

April 13 ,2017 | by Hari Sri

Business optimism has reached a record high globally, with the US in particular experiencing a surge at 80 per cent, according to the International Business Report from professional services network Grant Thornton.

The report surveyed 2,400 businesses in 36 economies and found that business optimism has risen to its highest level going into the second quarter of 2017. 

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London banks are hiring more staff for specialised finance roles

April 13 ,2017 | by Thiago Kiwi

Investment banks in London are hiring more staff for specialised finance job roles, indicating that they are no longer concerned over Brexit, according to employment agency Robert Walters.

The agency revealed that banks in the city are looking for staff to fill permanent roles in areas such as finance control, risk and compliance and change management.

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Online business education guide launched for UK SMEs

April 12 ,2017 | by Helen Gould

Business valuation expert Company Valuation Services (CVS) has launched an online guide to help UK businesses learn how to increase their potential.

The online guide offers expert advice and guidance for UK businesses to help them boost the value of their company in 12 months.

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London is world leader in financial technology, report shows

April 12 ,2017 | by Hari Sri

London has been named as the world’s strongest fintech hub in a report from professional services and Big Four company Deloitte and trade body Innovate Finance.

The Connecting Global Fintech Hub Review 2017 analysed 44 fintech centres worldwide on factors such as technical expertise, regulatory framework and government support, with London scoring highly in all of the areas. 

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UK investors continuing with plans despite Brexit, research shows

A report from Market Finance Solutions has shown that investors in the UK are forging ahead with their investment plans despite Brexit.

Out of the 1,000 investors who were surveyed, 37 per cent believe that the upcoming Brexit negotiations will provide a good opportunity for short-term investment.

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MarketInvoice funding to UK businesses reaches record high

April 11 ,2017 | by Helen Gould

Peer-to-peer invoice finance platform MarketInvoice funded a record £130 million of invoices in the first quarter of 2017, a 160 per cent rise from the first quarter of 2016.

The company also achieved a record high in March, with £54.7 million worth of invoices raised by businesses in the UK being funded.

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UK SMEs are feeling more ambitious, research shows

SMEs and mid-market businesses in the UK are feeling more ambitious than they did a year ago, according to the Ambition Index Report, which was produced by Lloyds Bank National Business Awards.

The report, which revealed how businesses are feeling about ambition, talent, Brexit and the challenges that they are facing, found that 45 per cent of businesses are feeling ambitious, despite concerns over Brexit, Article 50 and a weaker pound.

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UK tech companies have doubled since Brexit vote, research shows

April 06 ,2017 | by Hari Sri

Tech companies in the UK have more than doubled since the Brexit vote, an analysis of data from Companies House has shown.

The data showed that the number of tech companies in the UK increased from 2,325 to 5,995 in the eight months following the EU referendum.

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Survey shows rise in confidence among London’s businesses

April 05 ,2017 | by Hari Sri

The London Chamber of Commerce and Industry (LCCI) has released a survey showing that London’s businesses are expecting a better outlook for their companies.

The research, which surveyed 500 businesses, demonstrated that respondents are feeling positive about their turnover and that confidence rose in the first quarter of the year.

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Amazon Business to be launched in UK

April 05 ,2017 | by Thiago Kiwi

Amazon has announced that it will be launching its Amazon Business service for UK businesses of any size.

The service will be available to sole traders, small businesses, and larger companies.

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Entrepreneurs reveal benefits of remote working in new research

April 04 ,2017 | by Erin O’Neill

Entrepreneurs have revealed the top benefits of remote working in new research from insurance company Direct Line.

The research revealed the best places for small business owners to work, with coffee shops being named as the top choice, cited by 27 per cent of respondents.

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Apprenticeships help to boost career prospects, research shows

April 04 ,2017 | by Claire Payne

Over three quarters of young people believe that apprenticeships help to improve skills and boost their career prospects, according to youth charity YMCA’s Work in Progress report.

The report, which has been released ahead of the Government’s new Apprenticeship Levy, also found that four in five young people would recommend taking an apprenticeship.

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SMEs have increased their growth projections, report shows

Small and medium-sized enterprises (SMEs) in the UK have increased their growth projections, according to a report from Capital Economics for Amazon and entrepreneur network Enterprise Nation.

The report showed that the UK’s SMEs are now predicting a 2.3 per cent growth in revenue in the next 12 months, with small businesses in the financial services sector being found to be the most positive, predicting a growth of 3.1 per cent over the next year. 

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Businesses should tackle gender pay gap, says Young Women’s Trust

April 03 ,2017 | by Erin O’Neill

Businesses need to take action to help tackle the gender pay gap, according to Young Women’s Trust.

The charity, which provides support for women aged 16 to 30 who are on low or no income, is calling for more support as new reporting requirements are set to be put into action this week. 

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UK insurtech investment reached £15m in 2016, research shows

Research from Accenture has shown that investments in UK insurtech more than doubled in 2016, reaching the highest in Europe at nearly £15 million.

The number of deals across technologies such as artificial intelligence and the Internet of Things (IoT) make up nearly half of the total investment in insurtech, increasing by 79 per cent last year.

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Technical and professional sector sees biggest boost in SMEs

March 29 ,2017 | by Hari Sri

New research from Hampshire Trust Bank has revealed the sectors in the UK that have seen the highest levels of growth in SME entrants since 2010, with the technical & professional sector experiencing the biggest boost.

The research found that whilst construction and retail had the highest percentage of SMEs overall, these sectors had the lowest percentage of start-up entrants at 4 per cent and 3 per cent respectively, with issues such as financial concerns and competition being cited as barriers to growth.

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Research reveals investment needs of UK’s early-stage businesses

Research from the UK Innovation Hub and Tech City UK has revealed what early-stage businesses believe are the most important factors for raising external finance.

The research found that start-ups believe that personal trust and chemistry is the most important factor, whilst access to a wide network of investments is also considered to be important, cited by three-fifths of respondents.

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Xero announces integration with business finance apps for small businesses

Cloud-based accounting software company Xero has announced its integration with three business finance apps.

The company has teamed up with the business finance providers to help small businesses to have better access to the finance that they need in order to grow. 

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Entrepreneurs are happier than full-time workers, according to research

March 22 ,2017 | by Claire Payne

Research from employee engagement company Personal Group has found that entrepreneurs in the UK feel happier and more motivated than people who work full-time.

The research surveyed 800 employees, including 124 self-employed workers, and found that over 60 per cent of those who are self-employed look forward to going to work. 

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New guide to degree apprenticeships published for employers

March 21 ,2017 | by Helen Gould

A new guide has been published for employers to help them receive information on degree apprenticeships.

The digital publication, A Guide to Degree Apprenticeships for Employers, was launched by careers advice company Prospects with the aim of providing employers with information and guidance on the Apprenticeship Levy, which is set to be introduced on 6th April 2017. 

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