LSBF Blog - Global Matters

London workers believe a four-day working week would boost productivity

August 03 ,2017 | by Anisa Choudhary

Over 60 per cent of workers in London believe a four-day working week would help improve productivity, a new report from office products company Fellowes has shown.

The Fellowes Productivity in the UK report also found that 48 per cent of Londoners are unproductive at work for over one hour a day, while 18 per cent are at their most productive on a Monday.

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Research shows increase in advertised vacancies and salaries

August 02 ,2017 | by Anisa Choudhary

The number of advertised vacancies in the UK has reached a 19-month high, according to research from Adzuna.

The research showed that the number of advertised salaries in June stood at 1,202,573 - the highest figure recorded since November 2015, when 1,244,772 vacancies were available. 

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Job hopping becoming more acceptable, research finds

August 01 ,2017 | by Anisa Choudhary

UK professionals believe job hopping is becoming more acceptable as flexible and freelance working increase in popularity, according to research from CV-Library.

The research surveyed 1,200 professionals and found almost half believe it is acceptable to change jobs after a year, with this figure rising to 65 per cent for workers aged 16 to 24 and 87 per cent for those aged under 18.

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Data shows increase in permanent vacancies in finance

July 31 ,2017 | by Helen Gould

New data from the Association of Professional Staffing Companies (APSCo) has shown that permanent vacancies in the finance sector have increased by 8 per cent since last year.

The overall number of permanent vacancies showed a rise of 2 per cent in June 2017 compared with 2016.

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Survey reveals communication preferences of UK banking customers

A survey from technology company Avaya has revealed how banking customers in the UK prefer to be contacted by their bank.

The research, which surveyed 2,345 banking customers and was carried out by YouGov, found that 60 per cent of Brits prefer to go directly to their bank’s website or use automated services instead of speaking to their bank directly.

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Investment in fintech up by 37%, according to Innovate Finance

Figures from Innovate Finance have shown investment in the UK’s fintech industry has hit $564 million, with foreign investment playing a key role in growth despite Brexit.

Fintech investment increased by 37 per cent in the first half of 2017 compared with the same period last year.

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Figures show 21 per cent increase in demand for accountants

July 28 ,2017 | by Hari Sri

The number of advertised accountancy and finance job vacancies increased in the second quarter of 2017, according to figures from specialist recruitment consultant Robert Walters.

Figures showed that accountants are in higher demand than other professionals, with a 21 per cent increase in advertised accountancy and finance job vacancies compared with 2016, nearly double the amount of advertised vacancies for professional roles, which saw a rise of 11 per cent.

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Amazon to create 450 tech jobs in London

Amazon has announced it will be creating 450 new tech roles at the company’s headquarters in London.

The company will be aiming to double the number of research and development roles and the number of staff at its London Development Centre will increase from 450 to 900.

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AAT research shows increase in student salaries

Research from the Association of Accounting Technicians (AAT) has shown an increase in salaries for affiliate members and AAT students, with a rise of 5 per cent and 2 per cent respectively.

The AAT Salary and Career Survey 2017 showed the average salary for accounting technicians now stands at £22,000 for affiliate members that work full-time. 

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DCMS to launch cyber security training programme

The Department for Digital, Culture, Media & Sport (DCMS) is to launch a cyber security training programme for students aged between 14-18.

As part of the government’s National Cyber Security Programme, the Cyber Schools Programme will be supported by Cyber Security Challenge UK, BT and the SANS Institute. It will help young people develop skills they need to protect industries such as banking and public services from criminals. 

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Data reveals search trends of UK jobseekers

Research from job site Indeed has found people in the UK are the most active at the start of the week when it comes to job searching.

The research looked at the search patterns of millions of jobseekers across five European countries and found the most popular time for Britons to search for a job is Monday lunchtime.

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Santander becomes first UK bank to launch talking ATMs

Santander has become the first bank in the UK to launch talking ATMs for customers who are blind or partially sighted.

The ATMs have been launched in association with the Royal National Institute of Blind People (RNIB) and the Digital Accessibility Centre and are available in all of the bank’s branches.

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Research reveals how UK workers feel about remote working

Research from communication technology company Polycom, Inc has revealed how UK workers feel about remote working, with older workers and millennials being found to have regularly taken advantage of working this way.

The research showed that 63 per cent of people in the UK now work remotely, with fear of working longer hours being revealed to be the main concern among people who work this way

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Information hub launched to provide self-employment skills

July 21 ,2017 | by Helen Gould

A new information hub has been launched to help executives gain the skills they need to become successful “self-drive workers.”

Launched by Russam GMS Founder Charles Russam, Working Free provides advice and resources for senior-level executives that are looking to become self-employed.

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TSB becomes first bank to offer iris recognition technology

TSB is to become the first bank in Europe to provide iris recognition technology through its mobile banking app.

The service will be launched in September 2017 and will be available to TSB customers free of charge.

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UK banks offer glimpse into open banking with £5m fund

With open banking to be introduced in 2018, banks have provided a glimpse into what the practice will look like by contributing towards a £5 million prize fund for Nesta’s Open Up Challenge.

Lloyds, Barclays, Royal Bank of Scotland, and Santander are among the banks that have funded the competition, which offers fintech start-ups the opportunity to experiment with open banking.

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London a top city for female entrepreneurs, according to research

London has been named as one of the top cities globally for female entrepreneurs in research from Dell Technologies.

The 2017 Women Entrepreneur Cities Index revealed the top 50 global cities for creating and fostering an environment for high-potential women entrepreneurs (HPWE), with London earning a place in the top five.

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UK salaries up by over 8% year-on-year, figures show

The latest figures from recruitment software solutions company Recruitive have shown an 8.15 per cent increase in UK salaries compared with data from June 2016.

The figures showed an increase in salaries year-on-year and month-on-month in a number of cities across the UK, despite uncertainty after the General Election in June.

 

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Older generation seeking university education, research shows

Research from Management Today and Vauxhall Motors has found over 35 per cent of 40-somethings in the UK are seeking university education or looking to obtain a qualification in the next two years.

The Changing Lanes report revealed career aspirations and workplace trends of Generation X. 40-somethings were found to be as ambitious as millennials when it comes to changing careers, launching a business or studying. 

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Report shows demand for accounting and finance skills

Accounting and finance skills are among the most sought-after with employers in the professional services sector, according to youth charity Ambition.

The charity’s latest market insights for the third quarter of 2017 showed growth in jobs across a number of areas within the sector, including legal finance vacancies, despite uncertainty in the market.

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#StartUpSpotlight: Campus Society

July 17 ,2017 | by LSBF Blog Staff

This month, we met Rashid Ajami, CEO of Campus Society; a worldwide platform bringing together students from every corner of the globe.

Campus Society is the world’s only collaboration, networking, and media platform, specifically designed to globalise knowledge from the 200 million global student population.

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How can an ACCA qualification benefit your career?

July 17 ,2017 | by Anisa Choudhary

If you’ve recently become ACCA qualified – congratulations! The hard work has finally paid off and now is the perfect time to focus on your next steps! 

Becoming ACCA qualified means you have just joined the finest ranks of accounting professionals. You’ve gained a globally recognised qualification which has the power to open up countless opportunities for you – read on to find out more about them.

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Accountancy sector continues to grow, figures show

Figures from the Financial Reporting Council (FRC) have shown that accountancy student numbers have risen to 164,000 in the UK.

There has also been growth in the number of female members and students, with 35 per cent of members now being female.

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Survey reveals expectations of UK professionals working remotely

Research from global workspace provider Regus has revealed the expectations of professionals in the UK who are working remotely.

The survey explored the attitudes of over 1,500 professionals on flexible working and management, and found the majority of respondents believe remote workers should have regular contact with managers.

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Younger generations prefer office working, research shows

Business communications company Maintel has explored the work preferences of younger and older employees. Their research found younger workers under 35 are more likely to feel productive when working from an office, compared to just 19 per cent of workers over 55.

The research surveyed 1,000 employed adults in the UK aged 18 and over. The results revealed why younger workers prefer to work from the office - with the main benefit being able to receive face-to-face support from experienced co-workers.

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