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Posted By Claire Payne

About Claire Payne

Claire Payne is a journalism graduate and former News Writer for LSBF. She writes about SMEs, education and careers, entrepreneurship, women in business and sustainability.

Contact Claire at claire.blog@lsbf.org.uk
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Claire Payne

Today's children could have 40 jobs and live to 100, says expert

October 07 ,2015 | by Claire Payne

Today's children could have 40 jobs and live to 100, says expert

Children in the UK who are just starting secondary school have a decent chance of living to 100 and will have up to 40 different jobs in their lifetime, a head teacher's conference at St Andrews University in Scotland has heard.

With graduate employability and a pending skills gap worrying many CFOs according to recent studies, chief executive of Fast Futures, Rohit Talwar, has been laying out a vision of the future for the leaders of UK educational establishments.

 

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London finance workers earn £20,000 more than rest of UK, reveals study

October 06 ,2015 | by Claire Payne

London finance workers earn £20,000 more than rest of UK, reveals study

According to the latest analysis on salary data by Michael Page, the global specialist recruitment company, the financial services sector offers an average of £20,000 more for roles in London than in any other UK region.

However, the analysis also revealed that some industries have a higher earning potential outside of London in other areas of the country.

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Travel Tax Relief restrictions to affect UK freelancers

October 05 ,2015 | by Claire Payne

Travel Tax Relief restrictions to affect UK freelancers

Up to 45,000 UK freelancers could be negatively affected by restrictions on tax relief for work travel if the UK Government proceeds as planned, according to The Association of Independent Professionals and Self-Employed (IPSE).

Proposed changes include the abolition of home-to-work travel and subsistence tax relief for some workers.

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Crossrail 2 will add billions to UK economy, finds study

October 02 ,2015 | by Claire Payne

Crossrail 2 will add billions to UK economy, finds study

A new analysis from Big 4 firm KPMG has found that the overall impact of Crossrail 2 will be positive for the UK economy and also bigger than had been expected.

The effect on the country's productivity will mean significant gains for both business and the nation's GDP, according to the study.

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Company boards with more diversity perform better, finds report

October 01 ,2015 | by Claire Payne

Company boards with more diversity perform better, finds report

Having at least one female executive board member means that a company's board outperforms rivals that are made up exclusively of males, according to a new report.

Women in business: the value of diversity, a report from Grant Thornton International, covers listed companies in the UK, US and India and found that diversity on executive boards could have been worth £430bn in 2014.

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US economy expected to grow faster than previously estimated

September 29 ,2015 | by Claire Payne

US economy expected to grow faster than previously estimated

According to revised official figures, the second quarter of the year saw the US economy grow faster than previously anticipated.

The surprise positive news was due to strong consumer spending, business investment and residential construction, according to the US Department of Commerce.

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HMRC outlines how businesses can reimburse electric car usage by employees

September 28 ,2015 | by Claire Payne

HMRC outlines how businesses can reimburse electric car usage by employees

HM Revenue and Customs has set out how a business can reimburse employees for costs incurred by using electric cars for work purposes.

Previously, HMRC’s failure to recognise electricity as a type of fuel has been used by some companies as a reason for not making more use of the eco-friendly vehicles in their fleets. 

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5 steps to securing your dream career

September 24 ,2015 | by Claire Payne

5 steps to securing your dream career

Whether they’re studying at university or obtaining practical experience at a company, there are a lot of people working towards chasing their dream careers today. There are also many people who may not be so sure of what they have to do to get there.

Once upon a time, all you needed to do to achieve your career aspirations was demonstrate a keen interest in your chosen industry. Times have changed a lot since then, but ambition hasn’t faded. That means that achieving your goals now requires a lot more effort and a much more colourful CV.

Are you looking to enter a new career? If you’re at a loss as to what to do next, here are the five steps you should take towards securing your dream job.

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UK updates laws governing consumer rights

September 22 ,2015 | by Claire Payne

UK updates laws governing consumer rights

New laws governing how businesses in the UK operate will come into effect on 1st October 2015 as part of the Consumer Rights Act 2015.

Returns and complaints policies, staff training and terms and conditions all come under the spotlight of the new regulations.

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UK SMEs R&D tax reliefs claims rise by a quarter

September 16 ,2015 | by Claire Payne

UK SMEs R&D tax reliefs claims rise by a quarter

According to the latest government statistics, the number of UK SMEs that claim tax relief for research and development (R&D) has risen by almost a quarter.

The amount claimed has gone up from £1.4bn last year to £1.75bn as approximately 20,000 small businesses claim the relief, an increase from 16,000 previously.

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Biggest pay rise boom in Europe for UK workers

September 14 ,2015 | by Claire Payne

Biggest pay rise boom in Europe for UK workers

Workers in the UK are likely to enjoy wage increases in real terms this year after suffering long periods of below inflation increases.

The latest Salary Budget Planning Study from Towers Watson UK workers will see the first real wage rise since 2007 this year, and only Germany will rival the UK level.

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British graduates see 4.2 per cent year-on-year pay rise

September 10 ,2015 | by Claire Payne

British graduates see 4.2 per cent year-on-year pay rise

Young graduates in Britain have witnessed a year-on-year average wage increase of £1,000, a growth of 4.2 per cent.

The wage growth increase for British employees has brought the nominal median salaries of young graduates up to £25,000. As a comparison, the figure for non-graduates in the same age range was £18,000.

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Tesco in £4bn sale of South Korea stores

September 08 ,2015 | by Claire Payne

Tesco in £4bn sale of South Korea stores

Homeplus, Tesco's South Korean business, has been sold for £4.2bn, the UK's biggest supermarket chain and world's third largest retailer has announced.

With continued aggressive competition in the UK supermarket sector, the sale is aimed at paying down debt and shoring up the balance sheet.

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UK economy expected to have strong autumn, reveals report

September 03 ,2015 | by Claire Payne

UK economy expected to have strong autumn, reveals report

The UK economy is set to perform well over the coming autumn, according to a new report from the Confederation of British Industry.

A strong end to the year will come after the economy picked up over the spring and summer, with growth having increased from 0.4% in the first quarter to 0.7% in the second.

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Eurozone inflation figure remains steady at 0.2 per cent

September 01 ,2015 | by Claire Payne

Eurozone inflation figure remains steady at 0.2 per cent

Eurostat has reported that the Eurozone inflation rate held steady at 0.2% in July.

The figure, which is well below the target of the European Central Bank (ECB), represented a big disappointment for backers of the monetary stimulus approach, which promised a swift answer to slow growth across the continent.

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High-performing female employees mentored by telecom giant

August 28 ,2015 | by Claire Payne

High-performing female employees mentored by telecom giant

Telecom giant Ericsson has been hosting special ‘unconscious bias’ training courses for line managers to help achieve the target of having a 30% female work force by 2020.

The face-to-face sessions for thousands of employees are part of a mentoring programme for high-performing female employees to help them move forward in their careers.

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Deloitte profits from 10.5% rise in consulting revenues

August 26 ,2015 | by Claire Payne

Deloitte profits from 10.5% rise in consulting revenues

One of Britain’s Big 4 firms, Deloitte, has a profit pool of £593m to be shared out amongst partners.

The money is the result of a surge in revenues from its consultancy business, and means that 721 partners will receive an average of £822,000.

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Gender pay gap should go says leading UK investment figure

August 19 ,2015 | by Claire Payne

Gender pay gap should go says leading UK investment figure

By pointing out that there are twice as many CEOs and chairmen of FTSE 100 companies called 'John' than the total number of women holding such positions, a leading UK investment expert has highlighted how far gender equality has to go in the UK.

As CEO of Newton Investment Management, chair of the Investment Association and founder of the 30% Club, Helena Morrissey is perfectly placed to comment on the place of women in the UK economy.

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Apple hires 11,000 female employees within a year

August 17 ,2015 | by Claire Payne

Apple hires 11,000 female employees within a year

Over the last 12 months, tech giant Apple hired more than 11,000 new female employees around the world.

In the US, almost 50% of the company’s new workers in the first half of 2015 were women, Native American, black or Hispanic.

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A-level results see drop in top grades but more university places

August 14 ,2015 | by Claire Payne

A-level results see drop in top grades but more university places

With the results of this year's A-level exams just coming in, the latest figures reveal a slight fall in top grades achieved.

Despite this, a record numbers of students have been offered university places.

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Greek bailout deal approaches final stages

August 12 ,2015 | by Claire Payne

Greek bailout deal approaches final stages

Negotiations surrounding the latest Greek bailout deal seem to be entering their final stages as Greek ministers and EU officials began to agree on the details of the settlement.

A draft of the agreement has now been submitted to the Greek Parliament for their assent, ahead of the £2.5 billion repayment due to the European Central Bank (ECB) next week. It is hoped that the matter will proceed to a full debate and vote on Thursday. An emergency session of Parliament has been called to ensure that the deal can be voted on in time.

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Enterprise Uganda and ACCA announce new partnership

August 12 ,2015 | by Claire Payne

Enterprise Uganda and ACCA announce new partnership

ACCA (the Association of Chartered Certified Accountants) has signed a new agreement with Enterprise Uganda that will offer wide-ranging training, support and mentoring for the country's growing small business sector.

The Memorandum of Understanding (MOU) will allow ACCA members to volunteer to mentor small businesses and help them through challenges and encourage growth.

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Greece and lenders prepare for talks on new bailout

August 10 ,2015 | by Claire Payne

Greece and lenders prepare for talks on new bailout

The main financial story in Europe over the last few months has been the ongoing struggle of the Greek government to find a way to manage its debts.

It has been announced that talks are underway in a bid to agree a new bailout deal that could help secure the country’s future stability. The matter is all the more pressing because Greece’s next repayment to the European Central Bank (ECB) is on August 20th, and the country does not currently have the means to pay.

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UK trade deficit improves as exports rise

August 10 ,2015 | by Claire Payne

UK trade deficit improves as exports rise

The latest figures from the Office for National Statistics show that the UK's trade gap decreased by £2.7bn in the second quarter of this year.

The news from the ONS revealed that the country's trade deficit with the rest of the world dropped to £4.8bn in spite of the strength of the pound on the international money markets.

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Netflix announces unlimited parental leave for staff

August 06 ,2015 | by Claire Payne

Netflix announces unlimited parental leave for staff

Online streaming service Netflix is not just shaking up the film and TV industries with its business model, it is also taking a fresh look at working practices for employees too.

The company has announced plans to let parents take “unlimited” parental leave for the first year following a new addition to the family.

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