LSBF Blog - Global Matters

Fintech businesses have most ambitious fundraising plans, research shows

November 22 ,2017 | by Erin O’Neill

Fintech businesses have most ambitious fundraising plans, research shows

Fintech businesses are the most ambitious when it comes to their fundraising plans, according to a report from professional services and Big Four firm EY.

The EY Fast Growth Tracker surveyed hundreds of UK entrepreneurs about their future funding plans and found that 34 per cent of fintech firms are aiming to raise £5 million for their next fundraising round.

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UK universities commit to online learning

November 21 ,2017 | by LSBF Blog Staff

UK universities commit to online learning

Last month, Times Higher Education reported that they expect over half of the 120 mainstream UK universities to commit strategically to online learning in the coming year.

It seems to mark a moment of intensifying e-learning growth in the UK - even more so as institutions aim to reach out to the global marketplace.

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UK Living Wage rises by 3.6 per cent

November 21 ,2017 | by Anisa Choudhary

UK Living Wage rises by 3.6 per cent

At least 150,000 workers in the UK are set to receive an increase in pay after The Living Wage Foundation announced a 3.6 per cent rise in the UK Living Wage.

The new UK rate is now £8.75 per hour, up from £8.45 and £1.25 more than the minimum wage.

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NatWest launches software robots to help consumers make investments

November 21 ,2017 | by Erin O’Neill

NatWest launches software robots to help consumers make investments

NatWest is to help its customers achieve their financial goals by launching an automated investment advice service.

NatWest Invest is an online platform that enables the bank’s customers to receive advice and keep track of their investments, with the service being available to customers that have a minimum of £500 to invest.

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ICAEW to help accountants become personal finance directors

November 20 ,2017 | by Erin O’Neill

ICAEW to help accountants become personal finance directors

The ICAEW is to launch a new initiative that will provide chartered accountants with the opportunity to become personal finance directors.

The initiative will consist of an online community that will offer access to all areas of financial planning to help chartered accountants boost their knowledge and place them in a position where they are able to offer financial support to SME owners and managers.

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Millennials favour Big Four firms and large businesses

November 20 ,2017 | by Anisa Choudhary

Millennials favour Big Four firms and large businesses

Research from the Association of Chartered Certified Accountants (ACCA) has revealed the most popular sectors that millennials working for small-medium businesses would like to move to.

Big Four firms and large businesses both topped the list at 21 per cent.

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LinkedIn launches career advice feature in UK

November 17 ,2017 | by Erin O’Neill

LinkedIn launches career advice feature in UK

LinkedIn has launched a new feature to help its members to connect with professionals and receive or give careers advice on topics such as changing careers and career development.

The business-orientated social networking website first launched Career Advice in San Francisco and Australia earlier this year and is now rolling out the feature to the UK, US and India, with a global launch planned in the coming months.

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50% of UK workers want further training, research shows

November 17 ,2017 | by Anisa Choudhary

50% of UK workers want further training, research shows

Research from online training platform Course Library has found 50 per cent of UK workers want employers to make a greater investment in further training in boosting digital skills.

The study of 1,000 adults aged between 18 and 64 found that while the majority of UK businesses are not doing enough to provide training, UK workers have a strong interest in boosting digital skills.

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Accountancy jobs rise as businesses search for professionals

November 16 ,2017 | by Anisa Choudhary

Accountancy jobs rise as businesses search for professionals

The number of accountancy jobs has increased as businesses search for professionals to fill roles in the sector, according to a survey from recruitment consultant Robert Walters.

The survey showed that demand for accountancy professionals has remained strong throughout 2017, with the number of job roles in the UK rising by 15 per cent in the third quarter of the year.

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Self-employed workers are the least stressed, according to research

November 16 ,2017 | by Erin O’Neill

Self-employed workers are the least stressed, according to research

People who work for themselves are less stressed and have better wellbeing than those who work for someone else, according to research from AXA Business Insurance.

The company’s annual Stress Index showed that whilst 78 per cent of people who are self-employed have experienced some stress, this is still lower than those in employment, with nine in ten people who work for someone else describing themselves as stressed.

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Lloyds PMI shows increase in London business activity growth

November 15 ,2017 | by Erin O’Neill

Lloyds PMI shows increase in London business activity growth

Business activity growth reached its highest in six months in London last month, the latest Lloyds Bank Regional Purchasing Managers’ Index (PMI) has shown.

The London PMI registered a reading above 50, signalling growth in business activity in the city. October’s reading stood at 56.3, up from 54.1 from the previous month and the fastest rate of growth since April.

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Flexible working is a key employee motivator, research shows

November 15 ,2017 | by Anisa Choudhary

Flexible working is a key employee motivator, research shows

Flexible working is one of the main drivers of motivation for UK employees, according to HSBC.

Their study found 89 per cent of employee respondents believe flexible working is a key motivator for boosting productivity levels. 77 per cent consider financial incentives to be the main motivator.

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Female entrepreneurs need relatable role models, research shows

Female entrepreneurs need relatable role models, research shows

Having a relatable role model could help female entrepreneurs in the UK who wish to set up their own business to feel more confident in their ability to do so, according to research from Facebook.

The social networking website commissioned the research for its #SheMeansBusiness programme and found that more than 80 per cent of aspiring female entrepreneurs believe that having a relatable role model would inspire them to set up their own business.

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Barclays partners with Flux to trial instant digital receipts

Barclays partners with Flux to trial instant digital receipts

Barclays has teamed up with London based fintech start-up Flux to trial itemised digital receipts to 10,000 of the bank’s customers.

The trial, which will be rolled out through the Barclays Launchpad app, will mark the first time that Flux has entered a ‘tier one bank partnership’. 

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Londoners most likely to start their own business

November 13 ,2017 | by Erin O’Neill

Londoners most likely to start their own business

Research from Ebuyer has found that 80 per cent of Britons aspire or have aspired to set up their own business, with Londoners being the most entrepreneurial.

The research surveyed 2,000 UK adults and found that 84 per cent of residents in London have thought about starting their own business.

 

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The most appealing factors of a financial services career

November 13 ,2017 | by Anisa Choudhary

The most appealing factors of a financial services career

Research from recruitment company Robert Half Financial Services has revealed the most appealing factors of a career in the financial services industry.

The research, which coincided with International Accounting Day, found that 34 per cent of financial services leaders believe a career in the industry is attractive.

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Report shows permanent placements increase in London

November 10 ,2017 | by Anisa Choudhary

Report shows permanent placements increase in London

The number of permanent placements in London has increased at its fastest rate since May. This information was reported by the Recruitment & Employment Confederation’s Report on Jobs: London for October 2017.

The report also showed that the number of employed temporary/contract workers in London increased for the 15th successive month in October. The rate of growth increased at a faster rate from September.

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Research reveals desirable qualities employers look for when recruiting

November 09 ,2017 | by Anisa Choudhary

Research reveals desirable qualities employers look for when recruiting

Research from Arch Apprentices has revealed the top qualities that employers look for when recruiting young candidates.

The research surveyed 500 business decision-makers and found that the majority of employers value enthusiasm when it comes to recruiting young people for their business, with this being cited by 74 per cent of respondents.

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Accenture launches programme to help professionals return to work

November 09 ,2017 | by Anisa Choudhary

Accenture launches programme to help professionals return to work

Professional services company Accenture has launched a programme to help professionals who have taken a career break to return to work.

The Break|Through programme will offer professionals the opportunity to boost their skills and secure a job role with Accenture.

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Executive MBA vs MBA: which is right for you?

November 08 ,2017 | by Helen Gould

Executive MBA vs MBA: which is right for you?

When deciding what to do with your career, one of the options is whether to do an MBA or an EMBA (Executive MBA).

There are a number of differences between the two, and becoming a student on either type of course can have a great impact on your future career - especially if you want to be a manager or an executive in an international company.

But how do you know which degree to choose? Here's a guide to what separates an MBA and an EMBA to help you make up your mind.

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Metro Bank to open new store in London

November 08 ,2017 | by Helen Gould

Metro Bank to open new store in London

As part of their expansion plan, Metro Bank is opening a new branch in Liverpool Street, London.

This will be the company’s 52nd store, with 12 more planned to open next year.

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Tesco Bank incorporates Face ID into its mobile banking app

Tesco Bank incorporates Face ID into its mobile banking app

Tesco Bank has incorporated facial recognition technology into its mobile banking app, enabling customers to quickly access the app and authenticate payments.

The changes are available to iPhone X customers, who can access the Face ID feature by enabling it on their device. The new Face ID technology will be optional to users.

 

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Financial service providers need to boost customer experience

November 07 ,2017 | by Erin O’Neill

Financial service providers need to boost customer experience

Research commissioned by customer engagement solutions company Engage Hub has shown that financial service providers need to place more focus on customers.

The survey of 2,500 UK consumers explored the relationship between customers and financial service providers and found that more than 30 per cent of consumers believe that providers do not take customer experience seriously.

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London Living Wage increases by 4.6 per cent

November 07 ,2017 | by Anisa Choudhary

London Living Wage increases by 4.6 per cent

Mayor of London Sadiq Khan has announced the London Living Wage has increased from £9.75 to £10.20 per hour.

The 4.6 per cent rise marks the first time the city’s Living Wage has increased to more than £10.00 per hour.

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Investors value business owners with soft skills, research shows

November 06 ,2017 | by Anisa Choudhary

Investors value business owners with soft skills, research shows

Research from Innovate UK has found business owners misunderstand what investors are looking for, with soft skills being the most valued when it comes to making investments.

The report compared the views of scale-up businesses and investors. It found that 84 per cent of investors believe poor communication is a deal-breaker, compared to 46 per cent of business owners.

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