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.
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.
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.
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.”
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.
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.
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.
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.
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.