LSBF Blog - Global Matters
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.Read more >>
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.Read more >>
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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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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
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.Read more >>
Sadiq Khan has announced that he aims to make London the best place in the world to work, by tackling inequality and improving workplace conditions.
Khan is encouraging employers to sign up to his Good Work Standard and calling for input that will promote better employment practices.Read more >>
Challenger banks in the UK are continuing to grow and outperform established banks, according to The Banker’s Top 1000 World Banks ranking for 2017.
The rankings showed a significant improvement in challenger banks such as Aldermore and Metro Bank, despite difficulties in the market.Read more >>
Professional services and Big Four company Deloitte has launched the first workshop of its Future FD Programme, which is run in partnership with professional recruitment company Pure.
The Future FD Programme has been running for seven years and focuses on the career progression of the next generation of finance professionals by helping them to become financial directors.Read more >>
Research commissioned by GSM London has highlighted the differences in attitudes between UK adults who say that they have a “career” and those who feel that they just have a “job.”
The research surveyed 1,000 adults in full-time and part-time employment and found that those who feel that the work that they do is just a job are unhappy, with 30 per cent of workers with a job being unhappy compared to just 11 per cent of those with a career.Read more >>
Talented women in the finance sector have been recognised at the Women in Finance Awards 2017, which took place in London last week.
The awards are the European finance industry’s largest diversity-led event, with 119 finalists from a wide range of sectors in the industry being celebrated this year, including accountancy and banking.Read more >>
A marketing degree is an undergraduate or postgraduate qualification that explores a wide range of topics, such as market research, marketing strategy, consumer behaviour, advertising, and public relations.Read more >>
Getting a marketing degree can open the door to many different career paths, as you’ll develop a broad and increasingly valuable set of skills.
For example, a specialised online marketing degree will give you highly transferable skills, and a knowledge of marketing strategy is an extremely desirable trait in the vast majority of organisations.Read more >>
A £70 million regeneration plan to support growth and community development in London has been launched by the city’s mayor, Sadiq Khan.
The Good Growth Fund, which is part of “A City For All Londoners”, a document that outlines Khan’s growth plans for the city, will help to improve London’s community and support innovative projects that create new jobs.Read more >>
Research from e-commerce marketplace Groupon has found that 44 per cent of people in Britain believe that having further training and taking courses to learn new skills could help to significantly boost their earning potential.
The research found that 30 per cent of UK workers have actively boosted their skills by taking extra training and gaining qualifications over the past five years.Read more >>
Research from the Association of Professional Staffing Companies (APSCo) has shown an increase in the number of permanent vacancies in the UK.
The data showed that permanent vacancies for professional jobs increased by 1 per cent in May 2017, whilst permanent roles in finance and engineering increased by 7 per cent and 5 per cent respectively.Read more >>