LSBF Blog - Global Matters

UK consumers want personalised banking services, research shows

October 10 ,2017 | by Anisa Choudhary

UK consumers want personalised banking services, research shows

Over 87 per cent of UK consumers agreed or strongly agreed that banking services should be personalised in a new survey from technology and omni-channel solutions company NCR Corporation.

The research surveyed more than 1,000 UK adults aged 16 and over and found that UK consumers have high expectations when it comes to banking services. 94 per cent of those with a bank account agree banking needs to be seamless across all devices and platforms.

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Women need access to more training opportunities, research shows

October 09 ,2017 | by Anisa Choudhary

Women need access to more training opportunities, research shows

Research from professional training provider The Knowledge Academy has highlighted the need for more training opportunities for the whole workforce.

The research looked at data from EU statistics organisation Eurostat alongside a survey of more than 6,000 adults carried out by the UK Commission for Employment and Skills. They found that European countries are more likely to provide training opportunities for men than women.

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Online MBAs leading the way in digital degrees

October 06 ,2017 | by LSBF Blog Staff

Online MBAs leading the way in digital degrees

The online digital degree movement is gaining momentum, and looks increasingly set to take us into a new education paradigm.

Nowhere is this more apparent than with the wildly popular MBA, which has become the must-have qualification for aspiring business aficionados.

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Xero to launch online learning tool for students and employees

Xero to launch online learning tool for students and employees

UK cloud accounting software company Xero is to launch an online learning tool aimed at students and employees to help boost their skills.

The Xero Lifelong Learning Platform was one of many new products that were demonstrated at Xerocon in London.

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London cheaper than rival financial centres for locating staff

October 04 ,2017 | by Anisa Choudhary

London cheaper than rival financial centres for locating staff

London has outperformed its rival financial centres when it comes to the cost of locating 100 staff. The city is 25 per cent cheaper than New York, according to estate agency Knight Frank.

The 2018 Global Cities report compared the cost of locating staff in top global cities and estimated that the total average cost of employing 100 members of staff in conventional office space in London is $5,228,140 per year, compared to $6,938,000 in New York.

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#StartUpSpotlight: Hot Since 91

October 03 ,2017 | by LSBF Blog Staff

#StartUpSpotlight: Hot Since 91

This month, Gold Mokwe - founder of Hot Since 91 - shares the story of how she brings nostalgic flair to events.

Hot Since 91 is a curated range of events and creative content with a social aim of bringing about diversity and unity through nostalgia. 

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UK consumers trust banks over third-party providers, research finds

October 03 ,2017 | by Anisa Choudhary

UK consumers trust banks over third-party providers, research finds

Research from management consultant company Accenture has found UK consumers are reluctant to share personal data with third-party providers, creating a major opportunity for banks when it comes to building trust.

The research surveyed over 2,000 consumers and found 69 per cent would not share their banking data with third-party providers such as social media companies, tech businesses or online retailers. 

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Lloyds boosts digital services with new flagship store

Lloyds boosts digital services with new flagship store

Lloyds has opened its first flagship store in Manchester as part of an investment into a group of flagship sites.

The £3 million store will combine face-to-face services with the latest technology as digital services become more important to the bank’s customers.

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The best business self-help books

September 29 ,2017 | by Anisa Choudhary

The best business self-help books

It’s always a great idea to make improvements to your life. Whether the changes affect your studies, career plan, or health, it’s important to strive for success!

Books can be a great way to gain new skills to help you. The self-help genre is widely popular, largely due to the first-person accounts of experiences you can relate to.

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Research shows demand for recruits in financial advice sector

September 29 ,2017 | by Anisa Choudhary

Research shows demand for recruits in financial advice sector

Research from life insurance company Prudential has shown a demand for new recruits in the financial advice sector. 70 per cent of survey respondents say they would urge people to pursue a career in financial advice.

The research showed that while financial advisers are optimistic about the growth of the financial advice market, many believe that not enough action is being taken to encourage people to enter the profession.

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Research reveals what UK consumers want from banking sector

September 28 ,2017 | by Anisa Choudhary

Research reveals what UK consumers want from banking sector

A new online global survey from ACI Worldwide and YouGov has revealed the services UK consumers want from their banks.

The research surveyed more than 9,000 consumers in the US and Europe. It found consumers worldwide expect their bank to provide new and innovative services. 

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Lyft drive ahead with online learning platform Udacity

September 27 ,2017 | by LSBF Blog Staff

Lyft drive ahead with online learning platform Udacity

For many of us, self-driving cars still seem like a distant reality, confined to the realms of Silicon Valley. However, the strides being made in this field are making it look increasingly likely we are heading for a future where self-driving cars dominate our roads.

Supported by developing e-learning platforms, companies such as Lyft are looking to get more people involved in contributing to the future of private, and potentially public transport.

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UK businesses are embracing fintech, research shows

September 27 ,2017 | by Anisa Choudhary

UK businesses are embracing fintech, research shows

Businesses in the UK are embracing financial technology, with 77 per cent being aware of fintech products and services, according to research from finance company MarketInvoice.

The research found 65 per cent of UK businesses have adopted at least one fintech application, while 19 per cent have adopted at least four. 

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Survey shows increase in graduate jobs and apprentices

September 26 ,2017 | by Anisa Choudhary

Survey shows increase in graduate jobs and apprentices

Figures from the Institute of Student Employers (ISE) have shown an increase in the number of graduate jobs and apprentices in 2017.

The annual survey showed businesses have recruited 20,614 graduates in 2017, an increase of 1 per cent, while the number of apprentices has increased by 19 per cent to 11,016.

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PwC and EY make list of most open-minded businesses

September 25 ,2017 | by Anisa Choudhary

PwC and EY make list of most open-minded businesses

Research from salary benchmarking website Emolument.com has revealed which firms are the most open-minded and willing to consider new ideas. Professional services and Big Four firms PwC and EY made it into the top five, cited by 88 per cent and 86 per cent of employees respectively.

Goldman Sachs topped the list, with 90 per cent of employees being satisfied with the company’s open-mindedness.

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Accountancy is one of the highest-paying jobs for students

September 22 ,2017 | by Anisa Choudhary

Accountancy is one of the highest-paying jobs for students

Accountancy is one of the best-paying student jobs in the UK, according to research from UK jobsite CV-Library.

The research analysed 2,000 part-time jobs across 15 cities and revealed the best-paying roles for students. Construction topped the list with an average hourly rate of £13.58, followed by accountancy with an average hourly rate of £12.34. 

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London named most popular destination for business travel, report shows

September 22 ,2017 | by Helen Gould

London named most popular destination for business travel, report shows

A report from Heathrow Express has found that London is the most popular destination for business travel.

The 2017 Heathrow Express Business Travel Insights Report found that 85 per cent of 2,424 business travellers have travelled to London for business.

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Fintech sector crucial to London’s future prosperity, according to research

September 21 ,2017 | by Anisa Choudhary

Fintech sector crucial to London’s future prosperity, according to research

Over 45 per cent of businesses believe the financial technology sector is crucial to the future of London’s prosperity, according to the CBI/CBRE London Business Survey.

The survey of 271 respondents found the creative and tech sectors are the most important for the city’s economic growth over the next five years, with these being cited by two-thirds of businesses. This was followed by the fintech sector (47 per cent) and the professional services sector (49 per cent).

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EY announces career development and performance programme

September 20 ,2017 | by Anisa Choudhary

EY announces career development and performance programme

Professional services and Big Four firm EY has announced a series of global talent programmes to help employees prepare for work.

The company will be running the programmes through management model LEAD and will be introducing a new programme called EY Badges. This will help people develop digital skills for the future.

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Employers support financial education in the workplace, research shows

September 19 ,2017 | by Anisa Choudhary

Employers support financial education in the workplace, research shows

Research from financial services company Hargreaves Lansdown has shown employers are in support of financial education in the workplace.

The research surveyed 418 employers, exploring their views on auto-enrolment in the workplace. They found 55 per cent believe financial education can help their staff gain a better understanding of pensions.

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FCA figures show improved gender diversity in Britain’s banks

September 19 ,2017 | by Helen Gould

FCA figures show improved gender diversity in Britain’s banks

Figures from the Financial Conduct Authority (FCA) have shown an improvement in gender diversity amongst the UK’s biggest banks, with 28 per cent of senior executives being female.

The figures were analysed by DHR International and show that the number of female directors has increased by 1.5 per cent since 2015.

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Finance is third most lucrative degree for new graduates, research shows

September 18 ,2017 | by Helen Gould

Finance is third most lucrative degree for new graduates, research shows

Research from job search engine Adzuna has revealed which degree subjects are the most lucrative for new graduates.

The study used Adzuna’s ValueMyCV algorithm to analyse the CVs of recent graduates and identified the top ten most valuable degrees in the UK.

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Digital skills could help boost wages, according to Barclays

September 18 ,2017 | by Anisa Choudhary

Digital skills could help boost wages, according to Barclays

Developing digital skills could help plug the UK’s skills gap and boost wages, according to Barclays Digital Development Index 2017.

The index explored the digital skills and confidence levels of 6,000 adults and analysed 88,000 job adverts in the UK. 

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Index shows increase in demand for accountants in City of London

September 15 ,2017 | by Anisa Choudhary

Index shows increase in demand for accountants in City of London

Demand for accountants in the City of London increased in August, with the number of accountancy roles up by 34 per cent, figures from Robert Walters have shown.

The recruitment company’s City Job Index also showed an increase in demand for temporary staff last month, with the number of temporary accountancy roles up by 22 per cent. 

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Banking and financial services sector dominates list of top employers

September 14 ,2017 | by Anisa Choudhary

Banking and financial services sector dominates list of top employers

Businesses in the banking and financial services sector have dominated the list of top undergraduate employers in this year’s RateMyPlacement rankings.

J.P. Morgan was named the best undergraduate employer in the UK for 2017-2018 by students, with the banking and financial services company jumping up 16 places from last year’s position.

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