LSBF Blog - Global Matters
Royal Bank of Scotland (RBS) is to launch a digital site that will offer business loans to small and medium-sized businesses within hours.
The site, which is named “Esme”, was developed by RBS’s in-house innovation lab and is being launched under the NatWest brand.Read more >>
Manchester and London have been featured in a list of the most influential cities in Europe in research from commercial real estate company Colliers International.
The Cities of Influence report looked at talent, location, affordability and low costs to find the top 20 most influential cities in Europe, with Manchester and London being the only two English cities to make the list.Read more >>
The UK Government has launched the National Cyber Security Centre (NCSC), which is part of UK-based intelligence agency GCHQ.
It aims to provide the UK with protection from cyber threats and hackers, making it easier for people to do business online.Read more >>
Brexit will increase demand for accountants, according to a poll from YouGov commissioned by the Association of Chartered Certified Accountants (ACCA) and the Association of Accounting Technicians (AAT).
The survey, which looked at the attitudes of MPs, found that over 45 per cent believe that the UK’s exit from the EU will have a positive impact on the accountancy profession, as accountants will be able to provide advice to clients on the financial implications of the vote.Read more >>
The Government is searching for the UK’s first small business commissioner to act as a “national champion for small businesses.”
Applications for the role are now open, and the Government is searching for candidates that will be able to provide the support that small businesses need in order to thrive.Read more >>
A lot of people think having a job focused on numbers means that you must not have a good sense of humour. However, any accountant will prove you wrong!
Here are our top ten jokes about finance and accountancy.Read more >>
A lender that specialises in providing debt and equity capital to small and medium-sized businesses has closed its first fund for UK SMEs.
Beechbrook Capital has raised £150 million for the Beechbrook Capital UK SME Credit I fund, with the fund being supported by investors from the UK, continental Europe and America, and the final close being backed by new and existing investors.Read more >>
Small and medium-sized enterprises in the UK and globally remain confident about the performance of their business in the future, according to the American Express Global SME Pulse.
The research surveyed SMEs across 15 countries. It found that 58 per cent of SMEs globally are expecting revenues to grow significantly over the next year.Read more >>
Mayor of London Sadiq Khan is to launch a programme to show that London is the best place to do business.
The “London Is Open” programme aims to show that London is continuing to welcome people that are looking to work, study or visit the city.Read more >>
Birmingham has been revealed to be the most entrepreneurial city in the UK outside London in new research by the Start Up Loans Company.
The survey revealed the areas that secured the most funding from the Start Up Loans Company last year, with Birmingham securing over £2 million, up by 39 per cent on 2015. This was followed by Cornwall, which secured £1.3 million.Read more >>
Not-for-profit campaign Do It Digital will be holding a series of workshops over the next few months to help small businesses increase their digital and online activity.
The free workshops will be available to aspiring SMEs and entrepreneurs, including a live Twitter Q&A session for those unable to attend in person.Read more >>
A new survey from business software provider Exact has identified the top demands from SMEs when it comes to accountants, with speed being revealed to be the main priority.
The study, which surveyed 2,500 SMEs and accountants, also found that SMEs are twice as happy with using an accountant that is tech-savvy.Read more >>
Tech website and quarterly magazine BusinessCloud is searching for the top 150 tech start-ups in the UK.
Nominations are now being accepted, with at least 12 start-ups to be selected from each UK region.Read more >>
Job applications and salaries were up last month, with an increase of 55 per cent and 5.6 per cent respectively, according to data from CV-Library.
The research also showed a significant increase in job growth, with the number of jobs rising by 38 per cent month-on-month and 5.1 per cent year-on-year.Read more >>
BT has launched a pitching competition to give SMEs in the UK the chance to pitch their business ideas to a panel of experts.
The BT SME Award 2017: Securing the Nation, which is part of the company’s BT Infinity Lab programme with TechHub, is aimed at security-focused SMEs.Read more >>
Following consultations with the business community, HM Revenue & Customs has released further information on their Making Tax Digital initiative.
HMRC received over 3,000 replies from the consultations.Read more >>
A new mobile banking app designed to meet the needs of small businesses has been launched by UK-based mobile banking company Tide.
Tide, which is one of the world’s first mobile banking services for SMEs, enables users to quickly set up a business account.Read more >>
Guidance to help large businesses improve their payment practices and pay their suppliers on time has been published.
The guide comes after research from payment processor BACS found that almost half of small and medium-sized businesses have problems with late payments, with over £26 billion being owed to them.Read more >>
Entrepreneurs in the UK can take part in a global competition to win a share of £1 million equity-free funding for their business.
Business people who are selected for the Innovation & Entrepreneurship International Competition will be competing against entrepreneurs from the US, Canada, Australia, Germany, Israel, India and Japan.Read more >>
Facebook has partnered up with Enterprise Nation in order to provide support to female business owners across the UK.
The partnership is part of Facebook’s #SheMeansBusiness initiative. The initiative aims to provide 10,000 female business owners with training to help them to learn the digital skills that they need to boost their business.Read more >>
There has been an increase in the number of part-time roles paying more than £40,000 a year, with a rise of 5.7 per cent in the past year, according to research from flexible working group Timewise.
The research found that over 770,000 people on a higher salary now work part-time and also showed that the traditional nine-to-five structure is changing as more businesses consider using job shares.Read more >>
A new enterprise zone that will be based in the West Midlands could help to boost the local economy by £589 million.
DY5 - Dudley's Business and Innovation Enterprise Zone, which will be located in Brierley Hill in Dudley, is also expected to create thousands of new jobs across the country.Read more >>
Over 40 banks and building societies in the UK have signed a deal with the Post Office to provide personal customers and small businesses with easier access to banking services.
The new scheme will benefit 99 per cent of personal banking customers and over 75 per cent of business customers in the UK by providing a more simplified service.Read more >>
Microsoft has become the latest tech company to announce free digital literacy skills training to everyone in the UK.
The company will offer free online training to 30,000 public servants in the UK to help them boost their knowledge of digital literacy skills.Read more >>
Over 60 per cent of employers in the UK believe that the impact that Brexit has on the UK’s economy could lead to more demand for financial education in the workplace, according to Nudge’s Financial education yearbook 2016/17 report.
The report surveyed over 300 employers and found that 32 per cent already provide their staff with financial education in the workplace, whilst 54 per cent are planning to introduce it or have already started introducing it.Read more >>