LSBF Blog - Global Matters
Several UK banks have committed to signing up for a charter to promote gender balance in the workplace.
Major companies such as Virgin Money, Barclays, HSBC, Lloyds Banking Group and the Royal Bank of Scotland are showing their support after the government urged companies to sign up for the charter, which aims to get more women working in senior roles in the finance sector.Read more >>
Almost half of SMEs in Britain saved £10,000 or less on bills in the last 12 months by negotiating with their suppliers, according to a survey by npower Business.
The survey found that this resulted in Britain’s small businesses making overall savings of £511 million across the sector over the past year.Read more >>
Over 20 per cent of young people aged between 15 and 18 are interested in setting up their own business, according to a survey by YouGov.
The survey, which was commissioned by Google, showed that over 30 per cent of teenagers believe that starting up a business would be beneficial, whilst 47 per cent said that they were not afraid of taking risks when making money.Read more >>
Sir Richard Branson has relaunched VOOM, a competition that gives entrepreneurs the chance to pitch ideas and win cash prizes.
Entrepreneurs will have the opportunity to pitch ideas to a panel of experts, including Branson. Six businesses will be selected as winners and will share over £1 million in prizes.Read more >>
Employers in Brighton and Hove are being asked to sign a pledge of support to create jobs and raise opportunities and to help young people prepare for work.
Brighton and Hove City Council has urged employers to show their support after announcing that it will be creating 100 apprenticeships in 2016/2017 and a further 150 in 2017/2018. The council has launched the scheme to help tackle the decline of apprenticeships in the city.Read more >>
Around 750 SMEs in Dorset are taking advantage of a scheme that enables them to have access to faster broadband.
The Connection Vouchers Scheme, which was run by Dorset County Council on behalf of Dorset, Poole and Bournemouth, was set up to offer small businesses up to £3,000 towards faster and more reliable broadband.Read more >>
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 >>