LSBF Blog - Global Matters

British Library to host “Start-up Day”

September 03 ,2016 | by Claire Payne

The British Library is to host a “Start-up Day” for budding entrepreneurs, to mark the tenth anniversary of its Business & IP Centre.

The library will be offering support and advice to entrepreneurs who attend the event, which will be free of charge and will take place from 10am to 6.30pm on September 27.

Read more >>

Share on Facebook Share on LinkedIn +1

Data skills considered more important than management experience, report finds

September 02 ,2016 | by Helen Gould

UK business leaders consider data and analytics skills to be more important than management experience, according to The Business Grammar Report by Alteryx.

The report found that 26 per cent of business leaders in the UK believe that data and analytics are the most important skills for potential employees, 60 per cent consider them to be one of the top two skills, and 69 per cent believe that industry experience is the most important.

Read more >>

Share on Facebook Share on LinkedIn +1

New venture programme for entrepreneurs launched

September 02 ,2016 | by Hari Sri

An advertising company is launching its first UK-based venture programme for the “next generation of entrepreneurs and startups.”

R/GA Ventures will be teaming up with government agency InnovateUK to launch R/GA IoT Venture Studio UK, which will be based at its headquarters in London.

Read more >>

Share on Facebook Share on LinkedIn +1

Study reveals which companies offer the best work-life balance

August 31 ,2016 | by Claire Payne

The companies offering the best work-life balance have been revealed in a new study from jobs website Glassdoor.

Banks, supermarkets, department stores and oil companies were amongst the list of top 20 companies featured in the study. 

Read more >>

Share on Facebook Share on LinkedIn +1

More freelancers choosing to fund their own business, research shows

August 31 ,2016 | by Erin O’Neill

More freelancers are choosing to self-fund their business costs instead of seeking external financial support, according to research from FreeAgent.

The research, which surveyed over 500 micro-businesses, found that 44 per cent of businesses do not need any funding to start their business venture, whilst 43 per cent used personal savings to fund their business. 

Read more >>

Share on Facebook Share on LinkedIn +1

£70,000 cash prize offered to disabled entrepreneurs

A cash prize of £70,000 is to be offered to disabled entrepreneurs or businesses that employ or offer support for disabled people.

The prize is being offered by entrepreneur Sir Stelios Haji-Ioannou and Leonard Cheshire Disability as part of the Stelios Award 2016. 

Read more >>

Share on Facebook Share on LinkedIn +1

Over 500,000 British businesses embracing drone technology

August 30 ,2016 | by Erin O’Neill

More businesses are embracing drone technology, with over 500,000 people in Britain already using drones for commercial purposes, according to research from DronesDirect.co.uk.

The research showed that companies across a wide range of sectors are adopting drone technology, with media companies being found to be the biggest users at 63 per cent.

Read more >>

Share on Facebook Share on LinkedIn +1

Entrepreneurship driving prosperity in every UK region, research shows

August 30 ,2016 | by Hari Sri

Entrepreneurship is driving prosperity in every region in the UK, according to the Barclays UK Prosperity Map.

The research identified the cities with the highest increases in small business turnover.

Read more >>

Share on Facebook Share on LinkedIn +1

Chinese investment in UK business up by 500 per cent

August 29 ,2016 | by Erin O’Neill

China’s investment in business and infrastructure in the UK is up by 500 per cent in six years, according to analysis from financial markets platform Dealogic.

Figures showed that companies from China have spent a total of £3.8 billion on mergers and acquisitions this year, up from £2.1 billion last year and a 470 per cent rise on the £666 million spent in 2010.

Read more >>

Share on Facebook Share on LinkedIn +1

Small businesses boosted by staycation economy, survey shows

More people are choosing to stay in the UK for a holiday instead of going abroad, helping to boost SMEs in the accommodation and food services sector, according to a survey from Barclays Business.

Data from the survey showed that 70 per cent of adults in the UK have been on or are planning a staycation, with the average spend per day increasing by over 6 per cent. 

Read more >>

Share on Facebook Share on LinkedIn +1

Women with children face wider pay gap, says research

August 27 ,2016 | by Claire Payne

Women with children face a wider gender pay gap than men, according to new research from the Institute for Fiscal Studies (IFS).

The research showed that the gap widens year on year after a woman has her first child, reaching 33 per cent by the time the child is 12 years old. 

Read more >>

Share on Facebook Share on LinkedIn +1

More businesses being attracted to city centres, according to research

August 26 ,2016 | by Erin O’Neill

More businesses are choosing to locate themselves in city centres, with 76,000 more jobs being created since 1998, according to research from The Centre For Cities.

The think tank found that infrastructure, number of potential employees and proximity to other companies is attracting more businesses to cities.

Read more >>

Share on Facebook Share on LinkedIn +1

Increase in job seekers expected in September, study shows

August 26 ,2016 | by Thiago Kiwi

The number of people looking for work is expected to increase in September, according to a study by CV-Library.

According to the data, SMEs should expect more interest from candidates, with over 50 per cent of employees being more likely to consider a new job as the end of summer approaches.

Read more >>

Share on Facebook Share on LinkedIn +1

More workers pursuing business ideas inspired by hobbies

More workers are leaving their current job role to chase an idea for business that has been created by a hobby, according to research from Samsung Electronics UK in association with the CEBR and YouGov.

The research, which surveyed 511 micro-businesses, showed that 12 per cent of UK employees have abandoned their job role to become an entrepreneur and turn their “passions into pay cheques.”

Read more >>

Share on Facebook Share on LinkedIn +1

Opportunities need to be created for young people, says IPPR

August 25 ,2016 | by Claire Payne

Opportunities need to be created to help young people get into work, according to IPPR. Research from the think tank showed that the number of 16 to 17 year olds working in the summer has halved over the past 20 years.

Over 40 per cent of 16 to 17 year olds were working whilst studying in the late 1990s, compared to just over 20 per cent now, whilst the number of 18 to 24 year olds working in summer jobs has also declined.

Read more >>

Share on Facebook Share on LinkedIn +1

Improved careers advice needed for British teenagers, research finds

August 25 ,2016 | by Erin O’Neill

Recent research by City & Guilds has shown that British teenagers are unfamiliar with many high-paid job roles, which could have an impact on their career prospects.

The research, which surveyed 3,000 young people aged 14 to 19 across the UK, showed that they are familiar with less than one in five of 369 job roles listed by the government.

Read more >>

Share on Facebook Share on LinkedIn +1

Startups in health sector most likely to succeed, research shows

August 25 ,2016 | by Hari Sri

Startup businesses in the health sector are the most likely to have the best chance of survival in their first year, according to research by Ormsby Street.

The research identified the sectors in which start-ups are most likely to still be operating five years after they were created. 

Read more >>

Share on Facebook Share on LinkedIn +1

Self-employed workers take more holidays, study reveals

August 24 ,2016 | by Helen Gould

Self-employed workers take double the amount of holiday compared to those who are employed, according to a new study from freelance jobsite PeoplePerHour.

The research showed that freelance workers spend up to 21 nights away from home in an average year, whilst those who are employed spend an average of ten nights away.

Read more >>

Share on Facebook Share on LinkedIn +1

Aviva teams up with tech accelerator to access “world-class” start-ups

Aviva has partnered with a digital tech start-up company to access “world-class digital start-ups” and provide them with mentoring.

The insurance company will be working with Plug and Play, which is based in Silicon Valley, for its InsurTech programme.

Read more >>

Share on Facebook Share on LinkedIn +1

Businesses optimistic about digital tax plans, according to report

August 23 ,2016 | by Hari Sri

Freelancers and micro-business owners believe that the Government’s plans to make tax digital is a step in the right direction, according to a survey conducted by FreeAgent.

The report, which surveyed 513 businesses with less than ten employees, showed that nearly half of UK businesses feel optimistic about the changes to the UK tax system. 

Read more >>

Share on Facebook Share on LinkedIn +1

London startups received £1 billion in funding this year

London’s startups received more funding this year than in any other European city, according to figures from Statista.

The research, which used figures from EY’s Startup Barometer Germany report, showed that startups in the city raised €1.3 billion (£1.1 billion) in the first six months of this year, up from €1 billion in the first half of 2015. 

Read more >>

Share on Facebook Share on LinkedIn +1

Wind and solar power could challenge nuclear energy

August 22 ,2016 | by Thiago Kiwi

The value of nuclear energy, and in particular the troubled Hinkley Point, is being questioned in light of the possibilities offered by alternative and renewable technologies.

One of Hinkley Point’s main advantages is offering continuous, “on-all-the-time” power. However, technology and its lower costs may be erasing the need for the plant to be built.

Read more >>

Share on Facebook Share on LinkedIn +1

Survey reveals top bonus-paying jobs of 2016

August 19 ,2016 | by Helen Gould

The Independent has published the latest listing of jobs with bonuses of over £20,000 per year using data collected in an anonymous survey by Glassdoor.

Roles in the finance industry hold several places on the list, including portfolio managers, brokers and traders. Top of the list, however, were global account managers who receive an average annual bonus of £37,000.

Read more >>

Share on Facebook Share on LinkedIn +1

“American Dreams Inventor Search” looking for entrepreneurs

Retailer HSN has announced a plan to discover entrepreneurs. People with innovative product ideas will have the chance to describe their product – and their vision – to a panel of influential judges, including angel investor Randi Zuckerberg.

The “American Dreams Inventor Search” event will be held at the XFINITY Store at Palo Alto in California. It will feature budding entrepreneurs pitching their ideas to Zuckerberg as well as HSN New Business Development Vice President Dara Trujillo.

Read more >>

Share on Facebook Share on LinkedIn +1

Financial career path requires both personal and technical skills

August 18 ,2016 | by Erin O’Neill

Recent research indicates that numerical skills are not the only requirements needed to succeed in the financial industry.

In a survey conducted by the Institute of Chartered Accountants in England and Wales (ICAEW), it was reported that future financial officers must develop both interpersonal and technical skills in order to compete. The survey compiled results from over 500 financial and business executives.

Read more >>

Share on Facebook Share on LinkedIn +1