A chapter by the director of the Higher Education Policy Institute, Nick Hillman, has caused a stir with its proposal that the UK should set a target for 70% of young people to be enrolled in higher education by 2035.
The proposal, found in A New Blue Book, is likely to ruffle the feathers within the Conservative Government, whose policies the publication is aimed at influencing.
Research from financial services company Aldermore has revealed the best time for people in the UK to start a business.
The research found that spring is the best season for launching a business, with 88 per cent of SMEs (representing more than 4.8 million companies in the UK) that have done so during this period experiencing success.
Over 87 per cent of UK consumers agreed or strongly agreed that banking services should be personalised in a new survey from technology and omni-channel solutions company NCR Corporation.
The research surveyed more than 1,000 UK adults aged 16 and over and found that UK consumers have high expectations when it comes to banking services. 94 per cent of those with a bank account agree banking needs to be seamless across all devices and platforms.
Research from professional training provider The Knowledge Academy has highlighted the need for more training opportunities for the whole workforce.
The research looked at data from EU statistics organisation Eurostat alongside a survey of more than 6,000 adults carried out by the UK Commission for Employment and Skills. They found that European countries are more likely to provide training opportunities for men than women.
London has outperformed its rival financial centres when it comes to the cost of locating 100 staff. The city is 25 per cent cheaper than New York, according to estate agency Knight Frank.
The 2018 Global Cities report compared the cost of locating staff in top global cities and estimated that the total average cost of employing 100 members of staff in conventional office space in London is $5,228,140 per year, compared to $6,938,000 in New York.
Research from management consultant company Accenture has found UK consumers are reluctant to share personal data with third-party providers, creating a major opportunity for banks when it comes to building trust.
The research surveyed over 2,000 consumers and found 69 per cent would not share their banking data with third-party providers such as social media companies, tech businesses or online retailers.
Research from life insurance company Prudential has shown a demand for new recruits in the financial advice sector. 70 per cent of survey respondents say they would urge people to pursue a career in financial advice.
The research showed that while financial advisers are optimistic about the growth of the financial advice market, many believe that not enough action is being taken to encourage people to enter the profession.
For many of us, self-driving cars still seem like a distant reality, confined to the realms of Silicon Valley. However, the strides being made in this field are making it look increasingly likely we are heading for a future where self-driving cars dominate our roads.
Supported by developing e-learning platforms, companies such as Lyft are looking to get more people involved in contributing to the future of private, and potentially public transport.
Research from salary benchmarking website Emolument.com has revealed which firms are the most open-minded and willing to consider new ideas. Professional services and Big Four firms PwC and EY made it into the top five, cited by 88 per cent and 86 per cent of employees respectively.
Goldman Sachs topped the list, with 90 per cent of employees being satisfied with the company’s open-mindedness.
Accountancy is one of the best-paying student jobs in the UK, according to research from UK jobsite CV-Library.
The research analysed 2,000 part-time jobs across 15 cities and revealed the best-paying roles for students. Construction topped the list with an average hourly rate of £13.58, followed by accountancy with an average hourly rate of £12.34.
Over 45 per cent of businesses believe the financial technology sector is crucial to the future of London’s prosperity, according to the CBI/CBRE London Business Survey.
The survey of 271 respondents found the creative and tech sectors are the most important for the city’s economic growth over the next five years, with these being cited by two-thirds of businesses. This was followed by the fintech sector (47 per cent) and the professional services sector (49 per cent).
Research from financial services company Hargreaves Lansdown has shown employers are in support of financial education in the workplace.
The research surveyed 418 employers, exploring their views on auto-enrolment in the workplace. They found 55 per cent believe financial education can help their staff gain a better understanding of pensions.