LSBF Blog - Global Matters
The Association of Chartered Certified Accountants (ACCA) has teamed up with the Big Four to launch a new apprenticeship tax scheme.
The accountancy body will be working with KPMG, PwC, EY and Deloitte to develop a scheme for the audit, accountancy and tax professions. The scheme, known as Accountancy/Tax Technician Standard, will enable school leavers to qualify with a higher apprenticeship and is linked to the Government’s Trailblazer scheme.Read more >>
Apprenticeships are one of the most important factors for business growth, according to research for the Funding Skills Agency.
The research, which was released as part of National Apprenticeship Week, found that nearly half of managers in growing companies in the West Midlands believe that hiring the right employees and having employees with the right skills are the most important factors when it comes to expanding a business.Read more >>
Developers of Cobalt Business Park have announced that it has almost reached its full capacity. Cobalt Business Park is now one of the biggest in the UK, providing space for companies such as Accenture, Hewlett Packard and DNV.
All three firms have expanded, with Accenture now occupying 88,000 sq ft of space over two buildings, Hewlett Packard 200,000 sq ft of space over three buildings, and DNV 10,000 sq ft of space.Read more >>
Employers in England are to receive a 10 per cent top up on their monthly levy contributions. The plans were announced in a budget report published by the Treasury.
The top-up will mean that for employers who pay a levy of £2,000, their levy pot will be £2,200. This will be available for them to spend on apprenticeship training through their digital account.Read more >>
Funding Circle is to dedicate a floor of its new London-based headquarters to younger startups. The peer-to-peer lending company, which is worth over £1 million, moved into 71 Queen Victoria Street in Mansion House last year but took on more space than it needed.
The company is now giving startups the opportunity to make use of the extra space on one of its trading floors. It is offering 400 desks, which small businesses and freelancers can now book on property marketplace website Hubble.Read more >>
Entrepreneurial Spark has launched another UK hatchery and is now searching for start-ups and scale-ups for its Newcastle hatchery.
Over the next few months, the company will be signing up 80 small businesses for the programme, which will launch in August.Read more >>
The Institute of Chartered Accountants in England and Wales (ICAEW) has partnered up with PwC to launch the ICAEW IPSAS Certificate, an online learning programme for public sector accountants.
The “practical and user friendly” programme will enable accountants to develop their skills, providing them with technical guidance, revision aids and practical examples. There are no entry requirements for the programme.Read more >>
Boris Johnson has unveiled plans to create a business hub in East London. According to Johnson, the proposals will “transform further parts of the Docks and adjoining Beckton Riverside to become a world-class business destination.”
The proposals include recommendations for improved transport infrastructure and will help to create industrial space, as well as open up further developable land on the north banks, which could help to bring 24,000 homes and 60,000 jobs to the area.Read more >>
Government-backed innovation agency Innovate UK has launched a competition for sharing economy start-ups.
The competition, which is part of Innovate UK’s “IC tomorrow” programme, is searching for solutions across the peer-to-peer market and will give businesses the chance to be awarded £180,000.Read more >>
London and Manchester have been named as the best hubs for high-growth small businesses (HGSBs) by Octopus Investments. The company listed 32 of the top cities for HGSBs in the Urban Hub League Table.
The cities were ranked on the factors that small businesses believe are the most important to them when scaling and growing, such as talent and connectivity and access to finance.Read more >>
Rhondda Cynon Taf Council will be providing employment and training opportunities this week at a jobs fair. The event will be held during National Apprenticeship Week on Thursday 17th March at the Muni Arts Centre in Pontypridd, Wales.
The council recently announced that £550,000 will be invested in its graduate and apprenticeship schemes to provide more employment opportunities for young people.Read more >>
Ten digital start-ups are to participate in a London-based technology accelerator launched by Virgin Media and Techstars.
The businesses, which are from locations around the world, will take part in the programme in Aldgate East, London.Read more >>
Young people have misconceptions about apprenticeships as a result of not receiving proper information from schools and colleges, according to a survey by Prudential.
The survey of 16 to 18 year olds showed that many school leavers avoid apprenticeships because they see them as low-paid, low-skilled jobs, when in fact they are highly beneficial.Read more >>
The number of start-ups in Kent offering job opportunities has increased.
This news comes following a recent surge in the number of apprenticeships across the UK.Read more >>
The majority of the UK’s tech entrepreneurs want Britain to stay in the EU, according to a survey by techUK. Over 250 tech business owners were surveyed, with 70 per cent stating that they were against a Brexit because EU membership is good for business.
Just 15 per cent of tech business owners said that they wanted Britain to exit the EU, whilst 15 per cent said that they were undecided.Read more >>
Multi-channel services company Parseq is to create over 700 jobs in Sunderland.
The company, which operates from Doxford International Business Park, is to expand after investing in the development of a new centre at a second site in the city.Read more >>
Over 100 apprenticeships are to go online this week in Leicester as part of Apprenticeship Week. Apprenticeship Week starts today and will run until Friday 18th March.
In addition to apprenticeship vacancies being offered, young people in the area will also have the opportunity to attend drop-in sessions. The events, which are being organised by the Leicester Apprenticeship Hub, will also include access points for information.Read more >>
Innovation is on the rise amongst the UK’s small and medium businesses, according to a report by the Department for Business, Innovation and Skills. The report, which surveyed 29,000 enterprises, found that the UK has seen the biggest boost in innovation since 2010.
The survey looked at how businesses were involved in innovation from 2012 to 2014 and found that over half of UK businesses were actively engaged in developing products and introducing new services.Read more >>
A study carried out by Edinburgh-based recruitment company Core-Asset Consulting has revealed the highest-paid jobs in the finance sector in Scotland. The study showed a surge in the number of people employed in the finance sector in the country, with recruiters predicting further growth in 2016.
Marketing-related roles and asset managers were found to have experienced the biggest surge. Core-Asset Consulting also reported a “recognisable shift in companies being prepared and willing to pay above the market rate, especially for difficult-to-fill roles.”Read more >>
Amazon is to create new jobs by opening a fulfilment centre in North-West England. The centre, which is set to open later this year, will be located in Manchester and will create 1,000 jobs in the area over the next three years.
Amazon is planning to expand this year, creating 2,500 jobs across the UK. The online retailer’s new centre will join the company’s ten other fulfilment centres, which are located throughout the UK.Read more >>
Britons are turning their hobbies into successful businesses, according to a study by Weebly. The company found that over 35 per cent of entrepreneurs have turned a hobby or passion into a successful business.
The study also explored the current thoughts and trends amongst the entrepreneurial community and found that nearly 90 per cent of entrepreneurs believe that Britain is an ideal place to start a business.Read more >>
The job market in the South West is thriving, with more employers looking to hire in the region than in other areas of the country, according to the Manpower Employment Outlook Survey.
The study, which surveyed 2,100 employers in the UK, was compiled to find out whether employers are planning to recruit additional employees or reduce the size of their workforce in the first quarter of the year.Read more >>
An accountancy company based in Aberdeen is launching a finance training academy for small businesses. Acumen Accountants & Advisors will be offering Sage One software for new clients, as well as training sessions at its premises on Riverside Drive.
According to recent statistics, over 1,300 start-ups have launched in Aberdeen over the past year. Acumen is now aiming to provide these businesses with the software and skills that they need in order to meet the financial demands of starting up a new small business.Read more >>
The number of young female entrepreneurs in the UK is rising, according to a report from HSBC. The report, which was released on International Women’s Day, showed that the proportion of female entrepreneurs has almost doubled with each generation.
The findings were backed up by new research from Crunch Accounting, which showed that the number of females choosing to start their own business has increased by 42 per cent since 2010, with nearly a third of start-ups now being founded by women.Read more >>
Barclays is to offer hi-tech equipment in labs for businesses and entrepreneurs. The labs will provide 3D printers, laser cutters and “incubators” for high-growth companies.
Businesses and entrepreneurs will also be able to receive mentoring and have access to meeting rooms, cybercrime awareness events and workshops. There will also be computer coding classes for local schoolchildren.
Read more >>