LSBF Blog - Global Matters
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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’.Read more >>
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.
Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.
Read more >>
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.Read more >>
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.Read more >>
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.Read more >>