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Posted By Anisa Choudhary

About Anisa C

Anisa reports on the latest news stories regarding finance, the economy, and education.

Contact Anisa at blog@lsbf.org.uk
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Mobile payments becoming more popular among Brits, research shows

December 07 ,2017 | by Anisa Choudhary

Mobile payments becoming more popular among Brits, research shows

More people in Britain are taking advantage of mobile payments, according to research from payment systems company Vocalink.

The company’s State of Pay 2017 report surveyed more than 2,000 British consumers across all age groups. They found that payment services provided by applications including Apple Pay, for example, are rising in popularity across the UK.

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Finance roles set to see biggest salary increases

December 06 ,2017 | by Anisa Choudhary

Finance roles set to see biggest salary increases

Research from Robert Half has revealed which jobs will see the biggest salary increases in 2018, with several finance roles making the list.

The Robert Half 2018 Salary Guide revealed that junior developers top the list.

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London remains top for entrepreneurship, according to index

December 05 ,2017 | by Anisa Choudhary

London remains top for entrepreneurship, according to index

The latest Barclays Entrepreneurs Index has shown London continues to be the UK’s top city for entrepreneurship, with the number of high-growth businesses in the city increasing by 9 per cent year-on-year.

The annual index showed that the city accounts for 37 per cent of the UK’s high-growth companies and also has the highest overall number of private equity-backed companies at 204.

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Financial firms to continue hiring despite Brexit

December 04 ,2017 | by Anisa Choudhary

Financial firms to continue hiring despite Brexit

Research from recruitment company Hays has shown two-thirds of financial firms will go ahead with their recruitment plans in 2018, despite Brexit.

The research surveyed more than 900 UK employees and employers from the banking and finance sectors.

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Digitisation of traditional banks drives opportunities for finance brokers

December 01 ,2017 | by Anisa Choudhary

Digitisation of traditional banks drives opportunities for finance brokers

Emerging banking technology is creating opportunities for finance brokers, according to asset finance company Copernicus.

The company said finance brokerages in the UK can offer personalised services by investing in better technology.

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APSCo figures show increase in permanent contractor placements

November 30 ,2017 | by Anisa Choudhary

APSCo figures show increase in permanent contractor placements

Demand for permanent professionals increased in October, with an annual rise of 0.2 per cent in vacancies, according to the latest figures from the Association of Professional Staffing Companies (APSCo).

The data, which concentrates on professional recruitment, showed that while demand fell across all of APSCo’s core sector groups, permanent placements increased across a number of sectors.

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Report shows increase in consultant spending among banks

November 28 ,2017 | by Anisa Choudhary

Report shows increase in consultant spending among banks

A report from research and strategy firm Source Global Research has shown banks increased spending on consultants in 2016, with a growth of 8.4 per cent globally.

The Financial Services Consulting Market 2017 showed spending increased to £10.2 billion. Spending was up by 8.3 per cent in the global financial services industry, with the UK, US, and DACH being the biggest spenders.

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Big Four firms sign up to Tech Talent Charter

November 27 ,2017 | by Anisa Choudhary

Big Four firms sign up to Tech Talent Charter

Professional services and Big Four firms Deloitte and PwC have joined an initiative that aims to boost the number of women in the technology industry.

The companies join 88 other firms that have signed the Tech Talent Charter, including banks and technology firms such as Lloyds Bank, Nationwide Building Society, Dell, and HP.

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Graduates want clear career prospects, according to research

November 24 ,2017 | by Anisa Choudhary

Graduates want clear career prospects, according to research

Graduates are more drawn to companies that offer clear career prospects, according to research from GTI.

The study surveyed 949 students and recent graduates and questioned them about career expectations and what they look for in an employer. The results found more than 50 per cent favour employers that offer career progression opportunities.

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Enhancing skills could help boost UK growth, according to research

November 23 ,2017 | by Anisa Choudhary

Enhancing skills could help boost UK growth, according to research

Lifelong learning and better career guidance could help boost growth and productivity in the UK, according to a report from the OECD.

The report, entitled Getting Skills Right: United Kingdom, showed 42 per cent of adults have a tertiary degree, compared to 34 per cent across the OECD. This suggests that an increasing number of people in the UK are completing higher education.

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Financial services firms publish collaboration guide for fintech businesses

November 22 ,2017 | by Anisa Choudhary

Financial services firms publish collaboration guide for fintech businesses

A new guide has been published to show how the collaboration of fintech firms and banks could help improve the financial services industry and strengthen the UK’s position as a global fintech leader. 

The guide, entitled Transformation and innovation: a guide to partnerships between financial services institutions and finTechs.

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UK Living Wage rises by 3.6 per cent

November 21 ,2017 | by Anisa Choudhary

UK Living Wage rises by 3.6 per cent

At least 150,000 workers in the UK are set to receive an increase in pay after The Living Wage Foundation announced a 3.6 per cent rise in the UK Living Wage.

The new UK rate is now £8.75 per hour, up from £8.45 and £1.25 more than the minimum wage.

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Millennials favour Big Four firms and large businesses

November 20 ,2017 | by Anisa Choudhary

Millennials favour Big Four firms and large businesses

Research from the Association of Chartered Certified Accountants (ACCA) has revealed the most popular sectors that millennials working for small-medium businesses would like to move to.

Big Four firms and large businesses both topped the list at 21 per cent.

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50% of UK workers want further training, research shows

November 17 ,2017 | by Anisa Choudhary

50% of UK workers want further training, research shows

Research from online training platform Course Library has found 50 per cent of UK workers want employers to make a greater investment in further training in boosting digital skills.

The study of 1,000 adults aged between 18 and 64 found that while the majority of UK businesses are not doing enough to provide training, UK workers have a strong interest in boosting digital skills.

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Accountancy jobs rise as businesses search for professionals

November 16 ,2017 | by Anisa Choudhary

Accountancy jobs rise as businesses search for professionals

The number of accountancy jobs has increased as businesses search for professionals to fill roles in the sector, according to a survey from recruitment consultant Robert Walters.

The survey showed that demand for accountancy professionals has remained strong throughout 2017, with the number of job roles in the UK rising by 15 per cent in the third quarter of the year.

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Flexible working is a key employee motivator, research shows

November 15 ,2017 | by Anisa Choudhary

Flexible working is a key employee motivator, research shows

Flexible working is one of the main drivers of motivation for UK employees, according to HSBC.

Their study found 89 per cent of employee respondents believe flexible working is a key motivator for boosting productivity levels. 77 per cent consider financial incentives to be the main motivator.

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Barclays partners with Flux to trial instant digital receipts

November 14 ,2017 | by Anisa Choudhary

Barclays partners with Flux to trial instant digital receipts

Barclays has teamed up with London based fintech start-up Flux to trial itemised digital receipts to 10,000 of the bank’s customers.

The trial, which will be rolled out through the Barclays Launchpad app, will mark the first time that Flux has entered a ‘tier one bank partnership’. 

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The most appealing factors of a financial services career

November 13 ,2017 | by Anisa Choudhary

The most appealing factors of a financial services career

Research from recruitment company Robert Half Financial Services has revealed the most appealing factors of a career in the financial services industry.

The research, which coincided with International Accounting Day, found that 34 per cent of financial services leaders believe a career in the industry is attractive.

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Report shows permanent placements increase in London

November 10 ,2017 | by Anisa Choudhary

Report shows permanent placements increase in London

The number of permanent placements in London has increased at its fastest rate since May. This information was reported by the Recruitment & Employment Confederation’s Report on Jobs: London for October 2017.

The report also showed that the number of employed temporary/contract workers in London increased for the 15th successive month in October. The rate of growth increased at a faster rate from September.

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Research reveals desirable qualities employers look for when recruiting

November 09 ,2017 | by Anisa Choudhary

Research reveals desirable qualities employers look for when recruiting

Research from Arch Apprentices has revealed the top qualities that employers look for when recruiting young candidates.

The research surveyed 500 business decision-makers and found that the majority of employers value enthusiasm when it comes to recruiting young people for their business, with this being cited by 74 per cent of respondents.

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Accenture launches programme to help professionals return to work

November 09 ,2017 | by Anisa Choudhary

Accenture launches programme to help professionals return to work

Professional services company Accenture has launched a programme to help professionals who have taken a career break to return to work.

The Break|Through programme will offer professionals the opportunity to boost their skills and secure a job role with Accenture.

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Tesco Bank incorporates Face ID into its mobile banking app

November 08 ,2017 | by Anisa Choudhary

Tesco Bank incorporates Face ID into its mobile banking app

Tesco Bank has incorporated facial recognition technology into its mobile banking app, enabling customers to quickly access the app and authenticate payments.

The changes are available to iPhone X customers, who can access the Face ID feature by enabling it on their device. The new Face ID technology will be optional to users.

 

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London Living Wage increases by 4.6 per cent

November 07 ,2017 | by Anisa Choudhary

London Living Wage increases by 4.6 per cent

Mayor of London Sadiq Khan has announced the London Living Wage has increased from £9.75 to £10.20 per hour.

The 4.6 per cent rise marks the first time the city’s Living Wage has increased to more than £10.00 per hour.

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Investors value business owners with soft skills, research shows

November 06 ,2017 | by Anisa Choudhary

Investors value business owners with soft skills, research shows

Research from Innovate UK has found business owners misunderstand what investors are looking for, with soft skills being the most valued when it comes to making investments.

The report compared the views of scale-up businesses and investors. It found that 84 per cent of investors believe poor communication is a deal-breaker, compared to 46 per cent of business owners.

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UK financial services firms make LinkedIn’s top start-ups list

November 03 ,2017 | by Anisa Choudhary

UK financial services firms make LinkedIn’s top start-ups list

Several UK banks and financial services firms have made it onto ‘LinkedIn’s Top 25 Companies – Startups’ list.

The companies were selected from nearly 25,000 venture-backed companies. Nearly a third of the list was made up of financial technology businesses, including challenger banks and currency converters.

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