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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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UK businesses are embracing fintech, research shows

September 27 ,2017 | by Anisa Choudhary

UK businesses are embracing fintech, research shows

Businesses in the UK are embracing financial technology, with 77 per cent being aware of fintech products and services, according to research from finance company MarketInvoice.

The research found 65 per cent of UK businesses have adopted at least one fintech application, while 19 per cent have adopted at least four. 

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Survey shows increase in graduate jobs and apprentices

September 26 ,2017 | by Anisa Choudhary

Survey shows increase in graduate jobs and apprentices

Figures from the Institute of Student Employers (ISE) have shown an increase in the number of graduate jobs and apprentices in 2017.

The annual survey showed businesses have recruited 20,614 graduates in 2017, an increase of 1 per cent, while the number of apprentices has increased by 19 per cent to 11,016.

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PwC and EY make list of most open-minded businesses

September 25 ,2017 | by Anisa Choudhary

PwC and EY make list of most open-minded businesses

Research from salary benchmarking website Emolument.com has revealed which firms are the most open-minded and willing to consider new ideas. Professional services and Big Four firms PwC and EY made it into the top five, cited by 88 per cent and 86 per cent of employees respectively.

Goldman Sachs topped the list, with 90 per cent of employees being satisfied with the company’s open-mindedness.

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Accountancy is one of the highest-paying jobs for students

September 22 ,2017 | by Anisa Choudhary

Accountancy is one of the highest-paying jobs for students

Accountancy is one of the best-paying student jobs in the UK, according to research from UK jobsite CV-Library.

The research analysed 2,000 part-time jobs across 15 cities and revealed the best-paying roles for students. Construction topped the list with an average hourly rate of £13.58, followed by accountancy with an average hourly rate of £12.34. 

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Fintech sector crucial to London’s future prosperity, according to research

September 21 ,2017 | by Anisa Choudhary

Fintech sector crucial to London’s future prosperity, according to research

Over 45 per cent of businesses believe the financial technology sector is crucial to the future of London’s prosperity, according to the CBI/CBRE London Business Survey.

The survey of 271 respondents found the creative and tech sectors are the most important for the city’s economic growth over the next five years, with these being cited by two-thirds of businesses. This was followed by the fintech sector (47 per cent) and the professional services sector (49 per cent).

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EY announces career development and performance programme

September 20 ,2017 | by Anisa Choudhary

EY announces career development and performance programme

Professional services and Big Four firm EY has announced a series of global talent programmes to help employees prepare for work.

The company will be running the programmes through management model LEAD and will be introducing a new programme called EY Badges. This will help people develop digital skills for the future.

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Employers support financial education in the workplace, research shows

September 19 ,2017 | by Anisa Choudhary

Employers support financial education in the workplace, research shows

Research from financial services company Hargreaves Lansdown has shown employers are in support of financial education in the workplace.

The research surveyed 418 employers, exploring their views on auto-enrolment in the workplace. They found 55 per cent believe financial education can help their staff gain a better understanding of pensions.

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Digital skills could help boost wages, according to Barclays

September 18 ,2017 | by Anisa Choudhary

Digital skills could help boost wages, according to Barclays

Developing digital skills could help plug the UK’s skills gap and boost wages, according to Barclays Digital Development Index 2017.

The index explored the digital skills and confidence levels of 6,000 adults and analysed 88,000 job adverts in the UK. 

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Index shows increase in demand for accountants in City of London

September 15 ,2017 | by Anisa Choudhary

Index shows increase in demand for accountants in City of London

Demand for accountants in the City of London increased in August, with the number of accountancy roles up by 34 per cent, figures from Robert Walters have shown.

The recruitment company’s City Job Index also showed an increase in demand for temporary staff last month, with the number of temporary accountancy roles up by 22 per cent. 

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Banking and financial services sector dominates list of top employers

September 14 ,2017 | by Anisa Choudhary

Banking and financial services sector dominates list of top employers

Businesses in the banking and financial services sector have dominated the list of top undergraduate employers in this year’s RateMyPlacement rankings.

J.P. Morgan was named the best undergraduate employer in the UK for 2017-2018 by students, with the banking and financial services company jumping up 16 places from last year’s position.

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Moneyfacts reveals best banks for students and graduates

September 13 ,2017 | by Anisa Choudhary

Moneyfacts reveals best banks for students and graduates

Moneyfacts has revealed the best banks for students and graduates in its Current Account Star Ratings 2017.

Barclays, Lloyds, and TSB were among the banks rated highly, along with lesser-known names like Investec.

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KPMG’s number of apprenticeship hires reaches record high

September 12 ,2017 | by Anisa Choudhary

KPMG’s number of apprenticeship hires reaches record high

Professional services and Big Four company KPMG has reported a record increase in apprenticeship hires in 2017.

KPMG’s recruitment drive has seen a 40 per cent increase in apprenticeship hires, with the number of young people recruited onto the company’s apprenticeship programmes rising to 181 in 2017.

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Glassdoor research reveals Britain’s most recommended employers

September 11 ,2017 | by Anisa Choudhary

Glassdoor research reveals Britain’s most recommended employers

Job search engine and review website Glassdoor has revealed the most recommended employers in Britain.

Glassdoor obtained the data by looking at reviews and recommendations of companies from current and former employees that have been posted on the site in the past year.

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Health of UK SMEs reaches highest level in 18 months

September 08 ,2017 | by Anisa Choudhary

Health of UK SMEs reaches highest level in 18 months

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. 

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London remains top international financial centre

September 07 ,2017 | by Anisa Choudhary

London remains top international financial centre

London has earned the top spot in The Banker magazine’s annual International Financial Centre (IFC) rankings for 2017.

The city scored higher than 56 other international financial centres and continues to be a leading financial centre after topping the list in 2016. 

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Small business staff are the most committed, research finds

September 06 ,2017 | by Anisa Choudhary

Small business staff are the most committed, research finds

People who work for a small business are the most committed, according to research from card payment machine provider Paymentsense.

The research surveyed 1,000 SME workers in the UK and found those who work for smaller businesses are more engaged. This is compared to their counterparts, working for larger firms.

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Survey reveals what skills are needed to enhance AI

September 05 ,2017 | by Anisa Choudhary

Survey reveals what skills are needed to enhance AI

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.

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UK leading the way for contactless payment technology, research shows

September 04 ,2017 | by Anisa Choudhary

UK leading the way for contactless payment technology, research shows

The UK is leading the way when it comes to contactless payments in Europe. Millennials are the biggest users of the technology, according to research from Visa.

The company’s latest digital payments study showed use of contactless payment technology reached a record high in June 2017, with 34 per cent of all card payments being made this way. 

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Number of workless households reaches record low, ONS figures show

September 01 ,2017 | by Anisa Choudhary

Number of workless households reaches record low, ONS figures show

The number of households with no workers has reached its lowest level, according to figures from The Office for National Statistics (ONS).

The latest Labour Force Survey figures show that 14.5 per cent of households in the UK had no workers in the three months from April to June 2017.

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Research reveals hiring trends of financial services businesses

August 31 ,2017 | by Anisa Choudhary

Research reveals hiring trends of financial services businesses

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.

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Britain’s newest challenger business bank for SMEs launched

August 30 ,2017 | by Anisa Choudhary

Britain’s newest challenger business bank for SMEs launched

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.

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APSCo data shows increase in permanent finance jobs

August 30 ,2017 | by Anisa Choudhary

APSCo data shows increase in permanent finance jobs

Data from the Association of Professional Staffing Companies (APSCo) has shown an increase in the number of professional jobs for the fourth consecutive month.

The finance sector saw the strongest growth. 

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Study reveals London’s best paying finance jobs

August 29 ,2017 | by Anisa Choudhary

Study reveals London’s best paying finance jobs

A study from the salary comparison website Emolument.com has revealed London’s highest paying jobs in finance.

The research analysed 4,000 salaries of senior professionals to identify the jobs which offer the best pay, with the banking industry being found to be the highest paying.

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Soft skills more important than exams, according to research

August 29 ,2017 | by Anisa Choudhary

Soft skills more important than exams, according to research

Research by The Duke of Edinburgh’s Award (DofE) has found 95 per cent of senior managers believe soft skills are more important than exam results.

The research surveyed 506 senior managers and found 98 per cent believe young people should invest more time developing soft skills such as communication and leadership. 

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Millennials want internships that enhance development, research shows

August 25 ,2017 | by Anisa Choudhary

Millennials want internships that enhance development, research shows

Millennials want access to internships that will provide them with opportunities to develop their skills, according to Lloyds Banking Group.

Their research showed a demand for meaningful skills, with millennials calling for companies to offer better internship programmes. 

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