LSBF Blog - Global Matters
New figures from the Royal Bank of Scotland (RBS) show London is leading the UK’s continued economic improvement.
As a major business and finance hub for not only the UK but all of Europe, England’s capital plays a major role in the nation’s growth.
As the figures show from RBS’s latest Regional Growth Tracker, London is at the forefront of the economic recovery. The city grew by around 3.7 per cent in the third quarter of this year, well above the national average.Read more >>
Professional talent is in hot demand as businesses grow in confidence, APSCo finds.
The latest data from the Association of Professional Staffing Companies (APSCo) shows that there is a growing demand for professional skills, with permanent vacancies on the books of professional recruitment companies rocketing by 41 per cent.
This reflects an increasing appetite for growth within firms, as well as the results of employees seeing improvements in the job market and looking for new opportunities.Read more >>
The UK has come first in Europe in a list of the most entrepreneurial nations in the world.
The latest Global Entrepreneurialism Index (GEI) from the Global Entrepreneurship and Development Institute (GEDI) places the UK at fourth place in the global rankings, ranking it as the best country for entrepreneurs in Europe.
Start-ups and entrepreneurs are of growing importance to the UK economy, and these results from the GDI indicate that the UK is on the right track in encouraging start-ups and small businesses.Read more >>
Managing teams is about helping those teams achieve their goals, believes Kevin Mathers, Google’s UK Sales Director.
In a recent interview with London School of Business and Finance (LSBF), Google’s UK Sales Director, Kevin Mathers, revealed his belief in the idea that leadership is a quality which can be taught.
Read more >>
SMEs need better support from lenders, ACCA has found – or the finance landscape could shift considerably.
Small and medium-sized enterprises (SME) play an important role in the economy, and they’re gaining more confidence as the economy recovers. But if they are to grow, they need access to sufficient finance to support their ambitions.Read more >>
The iconic London ‘Tube’ has broken records with the busiest day in its history.
Millions of Londoners depend on the Underground to get to work, enjoy their social lives and keep customers coming back to their businesses. It’s the lifeblood of the capital. So it’s hardly surprising that anyone who has spent any time in the capital is used to seeing crowded carriages, especially in peak commuter periods.
However, Transport for London (TfL) has confirmed that last Friday (November 14th) was officially the busiest day in the history of the Tube. A total of 4.576 million journeys were made on the underground network, far surpassing the 4.544 million journeys made on the previous record day. Considering that this was August 7th, 2012 in the midst of the Olympic Games, when tourists flocked the city in even greater numbers than usual, that’s quite an achievement.Read more >>
UK Trade & Investment held its sixth Export Week attracting thousands of business owners to over 70 events across the country.
As we’ve often said, small businesses are a driver of growth and UK Trade & Investment (UKTI) must know this too as it recently held its sixth annual Export Week. During the week over 70 varied events was held all across the country to offer support and advice for companies looking to export.Read more >>
UK businesses are seeking growth opportunities beyond Europe, EY has found.
UK businesses are very much in growth mode and especially in the case of small firms, demand overseas will play an important role in satisfying their appetite. However, a slack eurozone has meant that in many key markets, demand remains weak. For many firms, that means that they are looking further afield for opportunities.Read more >>
Singapore has retained its title as the world’s best place to do business.
Singapore has long been one of Asia’s major business hubs. In fact, it’s vying with Hong Kong to be true financial capital of Asia. It’s certainly going the right way about it, since the Economist Intelligence Unit (EIU) has once again ranked Singapore as one of the world’s best places to do business.Read more >>
Data shows women in Britain narrowed the gender pay gap to a record low, while female representation in the board room has increased.
Gender equality has come into the headlines recently in the UK. While women’s rights in Britain have a long history of being fought for, we can see that today complete equality has yet to be won in the boardroom or the office.
Many organisations are still fighting an uphill battle. However, times are changing and research shows conditions are improving, making it a good time to be a UK woman in the workplace.
Read more >>
A sixth of UK employers look to expand into Europe within the next two years.
Growing business confidence, a healthier jobs market and a better year all-round for firms in the UK have given companies the drive to expand into Europe, according to the latest JobsOutlook survey from the Recruitment and Employment Confederation (REC).Read more >>
A range of new measures to give small firms a boost have been announced in several emerging markets.
Small businesses are the engine of growth. That’s what we’re often told in the UK as authorities work to improve trading conditions for small and medium-sized enterprises (SME) – and it’s hardly surprising, considering that they constitute the vast majority of the UK’s companies and employers.
Of course, the same is also true around the world. Especially in emerging markets, authorities are working to give SMEs a boost in a bid to encourage growth and stimulate further development. The past few days have seen a number of measures announced across several Asian and African economies to kickstart economic expansion.Read more >>
Snapchat has unveiled a new payments system, Snapcash, through which users can send money to friends.
With Apple Pay now on the scene and Amazon working hard on its Wallet offering, the mobile payment scene is becoming more crowded and complex. Even Twitter has recently been working on a system by which friends can tweet to each other.Read more >>
Output is rising among manufacturing firms as small businesses continue to benefit from economic recovery.
Smaller manufacturers are still benefiting from the UK’s economic recovery, in spite of the pressures stemming from slacker global demand.
That’s the view of the latest SME Trends Survey from the Confederation of British Industry (CBI), which found that manufacturing companies are benefiting from stronger domestic demand at a time when export orders are harder to come by.Read more >>
Next year’s World Expo is a major opportunity for nations to show off what they can offer. The government is hoping it could be worth £1 billion to the UK.
When next year’s World Expo kicks off in Milan, delegations from around the world will flock to Italy to demonstrate what they have to offer to a truly global audience. It’s a massive opportunity for governments and businesses alike to benefit from showing off their products and services on the biggest possible stage. So much so, in fact, that the UK government says it is aiming to make the event worth £1 billion to the UK economy.Read more >>
The London Stock Exchange’s biggest ever rupee bond worth £103 million was issued earlier this week by the International Finance Corporation.
India and the UK have been working hard to cement their already close economic and financial relationships after all the latter is the biggest investor in the former among the G20 nations. But, this week, they have edged even closer together.
The International Finance Corporation (IFC) has issued a major new rupee bond in London today – the biggest of its kind ever issued on the London Stock Exchange (LSE).Read more >>
World leaders are positive that in 2018, a decade on from the financial crash, the global economic outlook will be markedly better than it has been in the interim years.
After much discussion at this year’s G20 summit, attendees came to an agreement that they will transform their respective economies in fundamental ways to make this possible.
One of the key commitments is for heads of state to boost their economies by 2.1 per cent over the next four years, which will orientated around a package of 800 measures designed to stimulate growth.Read more >>
Virgin America’s debut on the Nasdaq stock exchange in New York went spectacularly well with share prices increasing by more than 30 per cent during the first day of trading.
The company floated 13.3 million shares at an initial $23 (£15) a share, which later peaked at $31.18. Approximately $307 million (£196 million) was generated by the close of business.Read more >>
Non-financial businesses’ contribution to the economy hit £1 trillion last year, with the service sector contributing 54.7 per cent of that figure.
The UK’s recovery is well underway and businesses are continuing to generate more and more wealth for the nation.Read more >>
A government survey has found that employers are still intent on adding the human touch to recruiting new talent.
Technology has become a massive part of our lives and it runs into every aspect – but it turns out that when it comes to hiring talent, employers still prefer a personal touch.Read more >>
Ever keen to be at the forefront of global trends in the sector, the London School of Business and Finance (LSBF) will be hosting on Wednesday, 19 November, from 9AM to 5PM, a symposium on Islamic Finance at its new flagship building – Sceptre Court – in Tower Hill, London.Read more >>
Pay inflation has picked up last month and surpassed inflation, according to official data.
Concerns about the UK’s slow wage growth have been growing in the past few months as employment rates have risen steadily. But new figures from the Office for National Statistics (ONS) show that last month, pay increases finally surpassed inflation.Read more >>
Small businesses are not fazed by the idea of an interest rate increase, new figures have shown – but what could a hike mean for firms?
Interest rate rises have been talked about ever since the first signs of the UK’s economic recovery. As confidence improves and employment grows, analysts have been predicting that the era of record low, 0.5 per cent base rates could soon come to an end.
But a new survey from the Institute of Chartered Accountants of England and Wales (ICAEW) shows that even though business organisations have been warning against an increase, small firms are not fazed by the idea.Read more >>
Hong Kong is making moves to become Asia’s biggest technology centre.
It’s well known that London is one of the world’s major technology hubs, but promising startups are emerging worldwide. In Asia, there are plenty of high-potential companies seeking to make a name for themselves on the tech scene – and increasingly, they’re being attracted to Hong Kong.
With its highly developed economy and established infrastructure, Hong Kong is a natural candidate to become home to growing tech firms. Like London, it’s also a major financial centre which will attract investment, and its reputation as a business hub means that tech firms are potentially in close proximity to some of their potential major customers and suppliers.
Investment has been slow to move into Hong Kong’s startups scene, but the situation is beginning to change.Read more >>
Professionals are seeing salaries increase and candidates are more confident in their job prospects, Hays has found.
It’s well known that the UK’s employment landscape is gathering steam. New figures from recruitment firm Hays indicate that confidence among candidates is growing in an improving job market.Read more >>