LSBF Blog - Global Matters
London is a top location for entrepreneurs and business executives, with more than 60 per cent saying they would choose to base their business in the city, according to research from London Executive Offices (LEO).
The research also found that 57 per cent of UK entrepreneurs and business executives believe start-up businesses that are based in London have the best chance of success with an annual growth of 20 per cent.Read more >>
Alternative banking app Revolut has signed up 16,000 companies across the UK and Europe to its Revolut for Business platform since its launch earlier this year.
The service has enabled companies sign up for multi-currency accounts and make money transfers in 26 currencies to make payments to overseas employees or suppliers.Read more >>
The graduate unemployment rate has dropped from 5.7 per cent in 2016 to 5.3 per cent, the lowest since 1989, according to a study from Prospects.
The annual study is titled What do graduates do? It was written in partnership with the Association of Graduate Careers Advisory Services (AGCAS), and it found that the number of unemployed and employed graduates has fallen.Read more >>
Barclays is to offer free accommodation for one month to graduates that are attending job interviews in London, Manchester, and Birmingham, starting from 30th October.
The move comes after research from the bank found graduates spend £506.55 on average securing their first job after university, with some attending more than three interviews before being offered a job.Read more >>
Data from CV-Library has revealed the top ten cities in the UK for job growth in the third quarter of 2017, with London featuring in the top three.
The survey compared the figures with data from the same period last year and found that the number of advertised vacancies increased by 12.2 per cent year-on-year, with several of the UK’s major cities seeing the biggest rise in jobs.Read more >>
Research from Santander Corporate & Commercial has shown SMEs need more access to finance.
The research found that around 50 per cent of high-growth SME owners in the UK have been unable to expand their business as a result of problems with accessing finance. This is compared to 36 per cent of businesses as a whole.Read more >>
Having a fintech strategy in place would be beneficial to financial services firms in the future, according to a report from professional services and Big Four firm KPMG.
The report, “Forging the future”, surveyed 168 finance firms from 36 countries.Read more >>
Generation Z workers have high expectations when it comes to career progression.
The study, which surveyed 1,000 18 to 23-year-olds, revealed men are feeling particularly positive about progressing in their career. 18 per cent expect a promotion within less than twelve weeks of commencing employment, compared to 5 per cent of women.Read more >>
London will continue to be the world’s leading financial technology hub, according to research from rating agency Early Metrics.
The research assessed 1,500 FinTech companies across Europe and found London remains the top spot for FinTech. This is despite the challenges and uncertainty faced by executives in the industry over Brexit.Read more >>
Over 80 per cent of UK SMEs believe apprentices are the solution to solving the UK’s skills gap, according to the Close Brothers Business Barometer.
The quarterly found businesses believe providing more apprenticeships can help them gain access to skilled workers, with one in five having their own apprenticeship scheme in place.Read more >>
Many students have asked me what order the papers should be attempted in for maximum success.
To answer this, let’s start with the rules.Read more >>
Payment solutions company First Payment Merchant Services (FPMS) has launched a new funding solution for small businesses.
The Smart Business Funding solution will provide small businesses that are unable to access funding from traditional banks with financial support. This is in the face of challenges such as Brexit and technology-driven shake-ups in the banking industry.Read more >>
Training provider Springboard Consultancy has launched a personal and work development programme to help individuals gain skills and rapidly develop their career.
The Boost programme was piloted in early 2017. There is high demand from employers who want to help their staff boost their skills, develop their career and quickly become more valuable to the company.Read more >>
An MBA has become the prized higher education goal for those looking to accelerate their careers and develop the management skills needed to lead their industries.
The versatility of a Master of Business Administration means that graduates from all disciplines - science, humanities, technology, and engineering - can supplement their bachelor’s studies to take their careers to the next level.Read more >>
With your ACCA grades just about to arrive, we thought we’d suggest a few proven tactics for combatting results day anxiety.
We hope you’re about to get the news you’ve been hoping for!Read more >>
A chapter by the director of the Higher Education Policy Institute, Nick Hillman, has caused a stir with its proposal that the UK should set a target for 70% of young people to be enrolled in higher education by 2035.
The proposal, found in A New Blue Book, is likely to ruffle the feathers within the Conservative Government, whose policies the publication is aimed at influencing.Read more >>
Research from RADA in Business, the commercial subsidiary of the Royal Academy of Dramatic Art, has found UK employees want a workplace culture that encourages ideas and innovation.
The research surveyed 1,000 workplaces and found that over 80 per cent of businesses are failing to create a culture that encourages new ways of thinking.Read more >>
Research from financial services company Aldermore has revealed the best time for people in the UK to start a business.
The research found that spring is the best season for launching a business, with 88 per cent of SMEs (representing more than 4.8 million companies in the UK) that have done so during this period experiencing success.Read more >>
A report from Oxford Economics has found that 110,000 new jobs have been created in East London since the 2012 Olympics, with Hackney, Newham, and Tower Hamlets seeing the highest growth.
According to the research, Tower Hamlets has seen the highest increase in jobs since 2012, with 50,000 new jobs being created.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>