LSBF Blog - Global Matters

General election leads to boost in jobs, employment monitor shows

July 12 ,2017 | by Helen Gould

The number of financial services jobs in London increased month-on-month in June as a result of the 2017 general election, according to Morgan McKinley’s London Employment Monitor.

This is the third year in a row that this figure has risen, with an increase of 18 per cent in 2016 after the EU referendum and a rise of 56 per cent in 2015 after the previous general election.

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Flexible working could help businesses attract best talent

Flexible working could help businesses attract the best, with over 60 per cent of employees saying they’d be more productive if they could work flexibly, according to research from social media training company Digital Mums.

The research found 68 per cent of employees would like to work flexibly, but just 12 per cent have asked their employer.

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HSBC launches £10 billion fund for small businesses

HSBC is providing financial support to small organisations. This is following their recent announcement of a new £10 billion fund.

The money will be allocated across 43 branches in the UK and made available to all - including non-HSBC customers.

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Employees working in a start-up or micro-business are happiest, research shows

Research commissioned by awards scheme One4all Spotlight Awards, has found Brits working for a smaller business are the happiest and most likely to enjoy their job.

The research surveyed 1,220 workers, and found over 30 per cent of employees working for a business with a maximum of nine members of staff, are happier than those working for a larger company.

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IT professionals are the most sought-after in London, shows research

July 07 ,2017 | by Helen Gould

Data from the Association of Professional Staffing Companies (APSCo) and Vacancysoft has shown the high demand for IT professionals in London, with IT jobs accounting for 28.4 per cent of all job vacancies in the two-year period up to May 2017.

The data showed a 10 per cent rise in vacancies across the board in the three months leading up to May 2017 and a rise of 2.6 per cent in the same period in 2016.

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Sadiq Khan to make London the best place to work

Sadiq Khan has announced that he aims to make London the best place in the world to work, by tackling inequality and improving workplace conditions.

Khan is encouraging employers to sign up to his Good Work Standard and calling for input that will promote better employment practices.

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UK challenger banks continuing to grow, rankings show

Challenger banks in the UK are continuing to grow and outperform established banks, according to The Banker’s Top 1000 World Banks ranking for 2017.

The rankings showed a significant improvement in challenger banks such as Aldermore and Metro Bank, despite difficulties in the market.

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Deloitte launches workshops with Pure to support finance professionals

Professional services and Big Four company Deloitte has launched the first workshop of its Future FD Programme, which is run in partnership with professional recruitment company Pure.

The Future FD Programme has been running for seven years and focuses on the career progression of the next generation of finance professionals by helping them to become financial directors.

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People in a “career” feel happier, research shows

Research commissioned by GSM London has highlighted the differences in attitudes between UK adults who say that they have a “career” and those who feel that they just have a “job.”

The research surveyed 1,000 adults in full-time and part-time employment and found that those who feel that the work that they do is just a job are unhappy, with 30 per cent of workers with a job being unhappy compared to just 11 per cent of those with a career.

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Women in Finance awards recognises talented women

July 03 ,2017 | by Helen Gould

Talented women in the finance sector have been recognised at the Women in Finance Awards 2017, which took place in London last week.

The awards are the European finance industry’s largest diversity-led event, with 119 finalists from a wide range of sectors in the industry being celebrated this year, including accountancy and banking.

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What is a marketing degree?

June 30 ,2017 | by LSBF Blog Staff

A marketing degree is an undergraduate or postgraduate qualification that explores a wide range of topics, such as market research, marketing strategy, consumer behaviour, advertising, and public relations. 

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What can you do with a marketing degree?

June 30 ,2017 | by LSBF Blog Staff

Getting a marketing degree can open the door to many different career paths, as you’ll develop a broad and increasingly valuable set of skills.

For example, a specialised online marketing degree will give you highly transferable skills, and a knowledge of marketing strategy is an extremely desirable trait in the vast majority of organisations. 

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£70 million regeneration plan for London launched

A £70 million regeneration plan to support growth and community development in London has been launched by the city’s mayor, Sadiq Khan.

The Good Growth Fund, which is part of “A City For All Londoners”, a document that outlines Khan’s growth plans for the city, will help to improve London’s community and support innovative projects that create new jobs.

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Learning new skills could boost earning potential, according to survey

Research from e-commerce marketplace Groupon has found that 44 per cent of people in Britain believe that having further training and taking courses to learn new skills could help to significantly boost their earning potential.

The research found that 30 per cent of UK workers have actively boosted their skills by taking extra training and gaining qualifications over the past five years.

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APSCo research shows increase in permanent job vacancies

June 28 ,2017 | by Helen Gould

Research from the Association of Professional Staffing Companies (APSCo) has shown an increase in the number of permanent vacancies in the UK.

The data showed that permanent vacancies for professional jobs increased by 1 per cent in May 2017, whilst permanent roles in finance and engineering increased by 7 per cent and 5 per cent respectively.

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More Brits are using digital banking, research shows

More Brits are using digital banking to pay bills and manage their accounts, according to research from Swedish fintech company Trustly.

The research found that the UK is falling behind other countries when it comes to embracing online banking, but showed that Brits are still accessing their online bank accounts in record numbers.

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#StartUpSpotlight: Biowatch

June 27 ,2017 | by LSBF Blog Staff

With a growing role in the economy and the ability to create new markets, start-ups continue to bring innovation to business. 

To reflect all the latest developments in this section of the market, we are pleased to bring back our successful StartUp Spotlight column, exploring the latest new ideas.

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Britain leading the way in fintech adoption, report shows

Britain is leading the way in fintech adoption in the developed market, according to a new report from professional services and Big Four firm EY.

EY’s fintech adoption index showed that 42 per cent of consumers in the UK are now using fintech services. However, there has been growth worldwide when it comes to the adoption of financial technology, with usage rates being high in emerging markets such as South Africa, China, India, Brazil and Mexico.

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Metro Bank tops biggest survey of financial consumers in Britain

Metro Bank has been named Britain’s most trusted financial provider, in the biggest survey of financial consumers in Britain. The survey was carried out by financial advice website Moneywise for the Moneywise Customer Service Awards 2017.

The challenger bank earned the top spot for the second year running, after 50,000 Moneywise readers provided feedback on major banks, insurance companies, and peer-to-peer lenders. 

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Research reveals top starting salaries for graduates

Jobs review website Glassdoor, has revealed the top ten jobs for starting salaries.

The list highlighted the careers offering a starting salary higher than the UK’s national average of £27,600.

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Employers are focusing on financial wellbeing, research shows

Research from MetLife’s UK Employee Benefit Trends Study 2017, has shown employers are focusing on financial wellbeing in the workplace, with over 50 per cent saying they understand financial pressures staff face.

The research showed that 55 per cent of employees value benefits they receive at work as financial pressures rise - up by 25 per cent on MetLife’s 2015 study.

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Santander moves into private banking sector with new service

June 21 ,2017 | by Hari Sri

Santander has moved into the private banking sector with the launch of a new service for the bank’s high-end clients.

Santander Private will be aimed at customers that have investments and savings of more than £500,000 or a yearly income of more than £250,000.

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Financial education offered by over 25% of employers

Research from Employee Benefits and Staffcare has found that over 25 per cent of employers offer financial education initiatives.

The research questioned 271 employers and found that 32 per cent are planning to introduce financial education in the workplace.

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UK leading the way for educational technology, data shows

The UK ranks number one in Europe for venture capital and angel funding in the educational technology sector, according to London EdTech Week co-founder, and IBIS Capital Partner Benjamin Vedrenne-Cloquet.

The edtech sector is one of the fastest-growing in the UK, with angel capital and seed angel investors providing £178 million.

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Travelling could help make UK adults more employable, research shows

June 19 ,2017 | by Helen Gould

Travelling could help UK adults to gain invaluable skills and make them more employable, according to research from hostel booking website Hostelworld.

The research surveyed 1,000 people in the UK, Spain, France, Italy, Germany, Portugal, South Korea and Brazil, and found that 64 per cent of UK adults and 82 per cent of employers believe that travelling can make people more employable.

 

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