LSBF Blog - Global Matters

Metro Bank to open new store in London

November 08 ,2017 | by Helen Gould

As part of their expansion plan, Metro Bank is opening a new branch in Liverpool Street, London.

This will be the company’s 52nd store, with 12 more planned to open next year.

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Tesco Bank incorporates Face ID into its mobile banking app

Tesco Bank has incorporated facial recognition technology into its mobile banking app, enabling customers to quickly access the app and authenticate payments.

The changes are available to iPhone X customers, who can access the Face ID feature by enabling it on their device. The new Face ID technology will be optional to users.

 

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Financial service providers need to boost customer experience

November 07 ,2017 | by Erin O’Neill

Research commissioned by customer engagement solutions company Engage Hub has shown that financial service providers need to place more focus on customers.

The survey of 2,500 UK consumers explored the relationship between customers and financial service providers and found that more than 30 per cent of consumers believe that providers do not take customer experience seriously.

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London Living Wage increases by 4.6 per cent

November 07 ,2017 | by Anisa Choudhary

Mayor of London Sadiq Khan has announced the London Living Wage has increased from £9.75 to £10.20 per hour.

The 4.6 per cent rise marks the first time the city’s Living Wage has increased to more than £10.00 per hour.

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Investors value business owners with soft skills, research shows

November 06 ,2017 | by Anisa Choudhary

Research from Innovate UK has found business owners misunderstand what investors are looking for, with soft skills being the most valued when it comes to making investments.

The report compared the views of scale-up businesses and investors. It found that 84 per cent of investors believe poor communication is a deal-breaker, compared to 46 per cent of business owners.

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UK financial services firms make LinkedIn’s top start-ups list

Several UK banks and financial services firms have made it onto ‘LinkedIn’s Top 25 Companies – Startups’ list.

The companies were selected from nearly 25,000 venture-backed companies. Nearly a third of the list was made up of financial technology businesses, including challenger banks and currency converters.

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Join our live online learning webinar and get your questions answered!

November 02 ,2017 | by LSBF Blog Staff

Here at London School of Business & Finance, we live and breathe online learning, and we’re passionate about making sure that all of our students stay up to date with the latest developments and resources available when studying our programmes online.

On Monday November 6 at 18:00 CET, we’ll be hosting a Facebook Live webinar to introduce you to the amazing features available on our online programmes.

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Return-to-work programmes could improve gender equality, research shows

November 02 ,2017 | by Anisa Choudhary

Research from recruitment company Hays has found 70 per cent of UK workers believe introducing return-to-work programmes or similar initiatives could help improve gender equality.

The Hays UK gender diversity report 2017 surveyed 5,400 workers in the UK. It found some employers are providing opportunities for workers that have taken a career break.

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UK named most attractive country to employers and staff

November 01 ,2017 | by Erin O’Neill

The UK has been named the most attractive country to employers and staff in a report from real estate company Colliers International.

The report rated Britain highly for its talent, quality of life, location and cost, with Colliers International placing the UK amongst the lowest-risk European countries to start and run a business, despite concerns over Brexit.

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Millennials favour banking apps over traditional branches, research shows

Research from Visa has shown that millennials are choosing banking apps over traditional bank branches, with 53 per cent of 18 to 34-year-olds regularly using a banking app on their mobile phone.

The research surveyed more than 2,000 Brits and found that 38 per cent routinely use a banking app on their phone. However, banking apps have not quite yet taken over, with 31 per cent of millennials admitting that they have never used one.

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London’s first business club for female entrepreneurs launched

October 31 ,2017 | by Anisa Choudhary

A business club aimed at female entrepreneurs has been launched in Shoreditch, London, for the first time.

The club, which was launched by female-focused networking club Blooming Founders to provide an inspirational co-working space for women, is open to female founders, freelancers, investors and advisors.

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London a top business location for SME executives, research shows

October 30 ,2017 | by Anisa Choudhary

London is a top location for entrepreneurs and business executives, with more than 60 per cent saying they would choose to base their business in the city, according to research from London Executive Offices (LEO).

The research also found that 57 per cent of UK entrepreneurs and business executives believe start-up businesses that are based in London have the best chance of success with an annual growth of 20 per cent.

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Alternative banking app Revolut signs up 16,000 businesses

October 27 ,2017 | by Anisa Choudhary

Alternative banking app Revolut has signed up 16,000 companies across the UK and Europe to its Revolut for Business platform since its launch earlier this year.

The service has enabled companies sign up for multi-currency accounts and make money transfers in 26 currencies to make payments to overseas employees or suppliers. 

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Record drop in number of unemployed graduates

October 26 ,2017 | by Anisa Choudhary

The graduate unemployment rate has dropped from 5.7 per cent in 2016 to 5.3 per cent, the lowest since 1989, according to a study from Prospects.

The annual study is titled What do graduates do? It was written in partnership with the Association of Graduate Careers Advisory Services (AGCAS), and it found that the number of unemployed and employed graduates has fallen. 

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Barclays offers free accommodation to recent graduate interviewees

October 25 ,2017 | by Anisa Choudhary

Barclays is to offer free accommodation for one month to graduates that are attending job interviews in London, Manchester, and Birmingham, starting from 30th October.

The move comes after research from the bank found graduates spend £506.55 on average securing their first job after university, with some attending more than three interviews before being offered a job.

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Data shows top ten UK cities for job growth

October 24 ,2017 | by Anisa Choudhary

Data from CV-Library has revealed the top ten cities in the UK for job growth in the third quarter of 2017, with London featuring in the top three.

The survey compared the figures with data from the same period last year and found that the number of advertised vacancies increased by 12.2 per cent year-on-year, with several of the UK’s major cities seeing the biggest rise in jobs.

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SMEs need more access to finance, according to research

October 23 ,2017 | by Anisa Choudhary

Research from Santander Corporate & Commercial has shown SMEs need more access to finance.

The research found that around 50 per cent of high-growth SME owners in the UK have been unable to expand their business as a result of problems with accessing finance. This is compared to 36 per cent of businesses as a whole.

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Financial services firms would benefit from fintech strategies

Having a fintech strategy in place would be beneficial to financial services firms in the future, according to a report from professional services and Big Four firm KPMG.

The report, “Forging the future”, surveyed 168 finance firms from 36 countries.

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Generation Z workers expect quick promotions, according to research

October 19 ,2017 | by Anisa Choudhary

Generation Z workers have high expectations when it comes to career progression.

The study, which surveyed 1,000 18 to 23-year-olds, revealed men are feeling particularly positive about progressing in their career. 18 per cent expect a promotion within less than twelve weeks of commencing employment, compared to 5 per cent of women. 

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London will remain a top FinTech hub

October 18 ,2017 | by Anisa Choudhary

London will continue to be the world’s leading financial technology hub, according to research from rating agency Early Metrics.

The research assessed 1,500 FinTech companies across Europe and found London remains the top spot for FinTech. This is despite the challenges and uncertainty faced by executives in the industry over Brexit. 

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Apprentices can help fill skills gap, according to research

October 18 ,2017 | by Anisa Choudhary

Over 80 per cent of UK SMEs believe apprentices are the solution to solving the UK’s skills gap, according to the Close Brothers Business Barometer.

The quarterly found businesses believe providing more apprenticeships can help them gain access to skilled workers, with one in five having their own apprenticeship scheme in place.

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What order is best for tackling ACCA papers?

October 17 ,2017 | by Rob Sowerby

Many students have asked me what order the papers should be attempted in for maximum success.

To answer this, let’s start with the rules.

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FPMS launches new funding solution for small businesses

October 17 ,2017 | by Anisa Choudhary

Payment solutions company First Payment Merchant Services (FPMS) has launched a new funding solution for small businesses.

The Smart Business Funding solution will provide small businesses that are unable to access funding from traditional banks with financial support. This is in the face of challenges such as Brexit and technology-driven shake-ups in the banking industry.

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Springboard Consultancy launches personal and career development programme

October 17 ,2017 | by Anisa Choudhary

Training provider Springboard Consultancy has launched a personal and work development programme to help individuals gain skills and rapidly develop their career.

The Boost programme was piloted in early 2017. There is high demand from employers who want to help their staff boost their skills, develop their career and quickly become more valuable to the company.

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Why choose an MBA after an engineering degree?

October 16 ,2017 | by LSBF Blog Staff

An MBA has become the prized higher education goal for those looking to accelerate their careers and develop the management skills needed to lead their industries.

The versatility of a Master of Business Administration means that graduates from all disciplines - science, humanities, technology, and engineering - can supplement their bachelor’s studies to take their careers to the next level.

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