LSBF Blog - Global Matters

Investment in fintech up by 37%, according to Innovate Finance

Investment in fintech up by 37%, according to Innovate Finance

Figures from Innovate Finance have shown investment in the UK’s fintech industry has hit $564 million, with foreign investment playing a key role in growth despite Brexit.

Fintech investment increased by 37 per cent in the first half of 2017 compared with the same period last year.

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Figures show 21 per cent increase in demand for accountants

July 28 ,2017 | by Hari Sri

Figures show 21 per cent increase in demand for accountants

The number of advertised accountancy and finance job vacancies increased in the second quarter of 2017, according to figures from specialist recruitment consultant Robert Walters.

Figures showed that accountants are in higher demand than other professionals, with a 21 per cent increase in advertised accountancy and finance job vacancies compared with 2016, nearly double the amount of advertised vacancies for professional roles, which saw a rise of 11 per cent.

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Amazon to create 450 tech jobs in London

Amazon to create 450 tech jobs in London

Amazon has announced it will be creating 450 new tech roles at the company’s headquarters in London.

The company will be aiming to double the number of research and development roles and the number of staff at its London Development Centre will increase from 450 to 900.

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AAT research shows increase in student salaries

AAT research shows increase in student salaries

Research from the Association of Accounting Technicians (AAT) has shown an increase in salaries for affiliate members and AAT students, with a rise of 5 per cent and 2 per cent respectively.

The AAT Salary and Career Survey 2017 showed the average salary for accounting technicians now stands at £22,000 for affiliate members that work full-time. 

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DCMS to launch cyber security training programme

DCMS to launch cyber security training programme

The Department for Digital, Culture, Media & Sport (DCMS) is to launch a cyber security training programme for students aged between 14-18.

As part of the government’s National Cyber Security Programme, the Cyber Schools Programme will be supported by Cyber Security Challenge UK, BT and the SANS Institute. It will help young people develop skills they need to protect industries such as banking and public services from criminals. 

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Data reveals search trends of UK jobseekers

Data reveals search trends of UK jobseekers

Research from job site Indeed has found people in the UK are the most active at the start of the week when it comes to job searching.

The research looked at the search patterns of millions of jobseekers across five European countries and found the most popular time for Britons to search for a job is Monday lunchtime.

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Santander becomes first UK bank to launch talking ATMs

Santander becomes first UK bank to launch talking ATMs

Santander has become the first bank in the UK to launch talking ATMs for customers who are blind or partially sighted.

The ATMs have been launched in association with the Royal National Institute of Blind People (RNIB) and the Digital Accessibility Centre and are available in all of the bank’s branches.

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Research reveals how UK workers feel about remote working

Research reveals how UK workers feel about remote working

Research from communication technology company Polycom, Inc has revealed how UK workers feel about remote working, with older workers and millennials being found to have regularly taken advantage of working this way.

The research showed that 63 per cent of people in the UK now work remotely, with fear of working longer hours being revealed to be the main concern among people who work this way

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Information hub launched to provide self-employment skills

July 21 ,2017 | by Helen Gould

Information hub launched to provide self-employment skills

A new information hub has been launched to help executives gain the skills they need to become successful “self-drive workers.”

Launched by Russam GMS Founder Charles Russam, Working Free provides advice and resources for senior-level executives that are looking to become self-employed.

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TSB becomes first bank to offer iris recognition technology

TSB becomes first bank to offer iris recognition technology

TSB is to become the first bank in Europe to provide iris recognition technology through its mobile banking app.

The service will be launched in September 2017 and will be available to TSB customers free of charge.

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UK banks offer glimpse into open banking with £5m fund

UK banks offer glimpse into open banking with £5m fund

With open banking to be introduced in 2018, banks have provided a glimpse into what the practice will look like by contributing towards a £5 million prize fund for Nesta’s Open Up Challenge.

Lloyds, Barclays, Royal Bank of Scotland, and Santander are among the banks that have funded the competition, which offers fintech start-ups the opportunity to experiment with open banking.

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London a top city for female entrepreneurs, according to research

London a top city for female entrepreneurs, according to research

London has been named as one of the top cities globally for female entrepreneurs in research from Dell Technologies.

The 2017 Women Entrepreneur Cities Index revealed the top 50 global cities for creating and fostering an environment for high-potential women entrepreneurs (HPWE), with London earning a place in the top five.

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UK salaries up by over 8% year-on-year, figures show

UK salaries up by over 8% year-on-year, figures show

The latest figures from recruitment software solutions company Recruitive have shown an 8.15 per cent increase in UK salaries compared with data from June 2016.

The figures showed an increase in salaries year-on-year and month-on-month in a number of cities across the UK, despite uncertainty after the General Election in June.

 

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Older generation seeking university education, research shows

Older generation seeking university education, research shows

Research from Management Today and Vauxhall Motors has found over 35 per cent of 40-somethings in the UK are seeking university education or looking to obtain a qualification in the next two years.

The Changing Lanes report revealed career aspirations and workplace trends of Generation X. 40-somethings were found to be as ambitious as millennials when it comes to changing careers, launching a business or studying. 

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Report shows demand for accounting and finance skills

Report shows demand for accounting and finance skills

Accounting and finance skills are among the most sought-after with employers in the professional services sector, according to youth charity Ambition.

The charity’s latest market insights for the third quarter of 2017 showed growth in jobs across a number of areas within the sector, including legal finance vacancies, despite uncertainty in the market.

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#StartUpSpotlight: Campus Society

July 17 ,2017 | by LSBF Blog Staff

#StartUpSpotlight: Campus Society

This month, we met Rashid Ajami, CEO of Campus Society; a worldwide platform bringing together students from every corner of the globe.

Campus Society is the world’s only collaboration, networking, and media platform, specifically designed to globalise knowledge from the 200 million global student population.

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How can an ACCA qualification benefit your career?

July 17 ,2017 | by Anisa Choudhary

How can an ACCA qualification benefit your career?

If you’ve recently become ACCA qualified – congratulations! The hard work has finally paid off and now is the perfect time to focus on your next steps! 

Becoming ACCA qualified means you have just joined the finest ranks of accounting professionals. You’ve gained a globally recognised qualification which has the power to open up countless opportunities for you – read on to find out more about them.

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Accountancy sector continues to grow, figures show

Accountancy sector continues to grow, figures show

Figures from the Financial Reporting Council (FRC) have shown that accountancy student numbers have risen to 164,000 in the UK.

There has also been growth in the number of female members and students, with 35 per cent of members now being female.

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Survey reveals expectations of UK professionals working remotely

Survey reveals expectations of UK professionals working remotely

Research from global workspace provider Regus has revealed the expectations of professionals in the UK who are working remotely.

The survey explored the attitudes of over 1,500 professionals on flexible working and management, and found the majority of respondents believe remote workers should have regular contact with managers.

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Younger generations prefer office working, research shows

Younger generations prefer office working, research shows

Business communications company Maintel has explored the work preferences of younger and older employees. Their research found younger workers under 35 are more likely to feel productive when working from an office, compared to just 19 per cent of workers over 55.

The research surveyed 1,000 employed adults in the UK aged 18 and over. The results revealed why younger workers prefer to work from the office - with the main benefit being able to receive face-to-face support from experienced co-workers.

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General election leads to boost in jobs, employment monitor shows

July 12 ,2017 | by Helen Gould

General election leads to boost in jobs, employment monitor shows

The number of financial services jobs in London increased month-on-month in June as a result of the 2017 general election, according to Morgan McKinley’s London Employment Monitor.

This is the third year in a row that this figure has risen, with an increase of 18 per cent in 2016 after the EU referendum and a rise of 56 per cent in 2015 after the previous general election.

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Flexible working could help businesses attract best talent

Flexible working could help businesses attract best talent

Flexible working could help businesses attract the best, with over 60 per cent of employees saying they’d be more productive if they could work flexibly, according to research from social media training company Digital Mums.

The research found 68 per cent of employees would like to work flexibly, but just 12 per cent have asked their employer.

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HSBC launches £10 billion fund for small businesses

 HSBC launches £10 billion fund for small businesses

HSBC is providing financial support to small organisations. This is following their recent announcement of a new £10 billion fund.

The money will be allocated across 43 branches in the UK and made available to all - including non-HSBC customers.

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Employees working in a start-up or micro-business are happiest, research shows

Employees working in a start-up or micro-business are happiest, research shows

Research commissioned by awards scheme One4all Spotlight Awards, has found Brits working for a smaller business are the happiest and most likely to enjoy their job.

The research surveyed 1,220 workers, and found over 30 per cent of employees working for a business with a maximum of nine members of staff, are happier than those working for a larger company.

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IT professionals are the most sought-after in London, shows research

July 07 ,2017 | by Helen Gould

IT professionals are the most sought-after in London, shows research

Data from the Association of Professional Staffing Companies (APSCo) and Vacancysoft has shown the high demand for IT professionals in London, with IT jobs accounting for 28.4 per cent of all job vacancies in the two-year period up to May 2017.

The data showed a 10 per cent rise in vacancies across the board in the three months leading up to May 2017 and a rise of 2.6 per cent in the same period in 2016.

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