The health of the UK’s small and medium-sized enterprises has reached its highest level in 18 months, a new quarterly economic index has shown.
Compiled by the Centre for Economics and Business Research Limited (Cebr), the SME Health Check Index used key performance indicators to measure the health of UK SMEs, including employment and confidence.
Finance workers have cited meaningful work as the top reason for choosing a job in new research from financial recruitment company Core-Asset Consulting.
The study surveyed 194 professionals from Scotland’s financial, accounting and legal sectors. It revealed the top factors taken into account by individuals choosing a job, with 28.31 per cent of respondents ranking meaningful work as the most important.
Research from talent acquisition and management solutions company Alexander Mann Solutions, has revealed skills that HR professionals believe businesses should be developing in order to enhance the potential of artificial intelligence (AI) in the workplace.
The study surveyed more than 2,000 senior HR professionals and found just 23 per cent of respondents believe businesses are preparing professionals for the rise of AI.
The UK has been named one of the most popular locations to be sent on international business in Santa Fe Relocation’s 2017 Global Mobility Survey, “Embedding Business Strategy in Global Mobility”.
The study, which was conducted by Circle Research and is in its 7th year, surveyed almost 1,000 global mobility teams and business leaders, and found that 8 per cent of international business assignments are arranged for the UK, despite concerns over the decision to leave the EU.
Research from recruitment specialists Campion Willcocks has revealed the hiring trends of businesses in the financial services sector.
The Market Trends and Salaries report covered over 1,600 interim, contract, and permanent change roles in 27 financial service organisations across 20 divisions. They identified the types of professionals that were the most sought-after in the 12 months to June 2017.
Recruiters have shared their views on skill development and career progression, with employers in some sectors reporting that they have seen an increase in fresh talent as UK workers retrain to meet the demand of changing technology.
This comes as research from professional services and Big Four firm PwC found that UK workers are willing to learn new skills or retrain for a new career.
A new challenger business bank for small and medium-sized businesses has launched in Britain.
Initially, Redwood Bank will focus on providing alternative lending services to SMEs in Hertfordshire, Bedfordshire, and Buckinghamshire. It will be Britain’s first challenger business bank with 100 per cent cloud-based infrastructure.