The “death of print” in the digital age has been spoken about so much that it’s practically become a cliché. Yet despite the obstacles this industry has faced in the past decade, it’s still a major player in the UK economy—and judging by its continuous drive to innovate, this will increasingly be the case. Here are some of the key reasons the UK’s print industry will continue to thrive in coming years.
Finance News & Features
In this week’s edition of AllAboutFinanceCareer’s Blog, we take a look at the implications of—and reactions to—the new EU-Mercosur free trade deal, why the Swiss stocks are barred from trading on EU exchanges, and a recent report suggesting FTSE top company boards are still behind in gender diversity.
In this edition of the AllAboutFinanceCareer’s blog, we will be looking at the impact of fast fashion and the struggle of high street shops to compete with online retailers, as well as the worrying exploitation of immigrants for Italian agriculture, and the further arrests following the Patisserie Valerie fraud investigation.
Welcome to the first ever edition of the AllAboutFinanceCareers weekly blog! This week, we briefly look at the British Chambers of Commerce’s forecast following Brexit uncertainty, as well as various current affairs related to Hong Kong’s extradition law and Boeing’s attempt to build up trust following two catastrophic 737 Max crashes.
You might think the tech world is only open to those specifically trained in that field, but over recent years it’s become home to professionals from a seemingly very different world: the city.
The San Francisco Bay Area is struggling to cope under the weight of a widespread and catastrophic housing crisis. With tech workers descending on the area in their thousands and low-income residents struggling to hang on, we explore the consequences of the rising cost of living in Silicon Valley.
With Amazon and Apple crossing the trillion-dollar mark last year, are tech companies getting too big?
In 2016, the global renewable-energy sector employed 9.8 million people. Closer to home, more than 60 energy start-ups have launched in the UK in the last ten years, grabbing a 20% share of the country’s £55bn energy market. Here, we profile a few of the newest, greenest energy start-ups on the market.
Silicon Valley’s tech sector has always made headlines. Playground-like offices, all-you-can-eat buffets and even reports of micro-dosing LSD to fuel creativity have painted tech companies as disruptive and exciting. But beneath the fun-loving façade, office workers are allowed little say in what they build, and blue-collar workers are paid so little that many struggle to make ends meet.
For decades, anyone studying to enter the world of professional finance entered a job market dominated by big banks, trading houses, and accountancies. Today, the rise of fintech is upending the status quo in the financial sector and changing the nature of the market for would-be financial professionals all over the world. This is especially true here in the UK. For proof, just follow the money.
Do you want to succeed in the field of finance? Then, you must be prepared to handle the ever-changing and dynamic environment. Over the last few years, the role of CFOs and COOs has drastically changed. The performance of these is under the microscope of the government, stakeholders, and other market analysts. This has been brought about by the recent financial scandals in the UK corporations and those operating in the Wall Street financial district.
What’s it like to embark on a graduate scheme in the tax department with RSM? Sarah Cannam, a corporate tax associate at RSM’s Birmingham office, did just that. We caught up with her to find out what life is like at RSM.
It’s great to gain qualifications and prepare for the job you want. Recruiters often expect a certain standard of education from their prospective employees, and many employers also expect you to have experience. But what can make you stand out from the rest?
As is the case in many industries, the world of finance suffers from a gender imbalance at its highest levels. However, many women are making the industry work for them.
While there’s no exact formula to business success, there are certain indicators for anyone hoping to beat the competition. We look into some of the reasons behind success and failure.
Crowdfunding is an innovative method of drumming up funding. People have started businesses, brought products into existence and attended university by attracting the right backers. Here are some of the most notable crowdfunding ventures of all time.
Even though financial qualifications open the door to a number of established career paths, there are plenty of other jobs those with finance skills can pursue. Whether it’s numerical skills, analytical ability, problem-solving or an aptitude for communicating complex facts and figures to others, those studying financial subjects can turn their hands to a range of interesting careers. Here are a few ideas to get you started.
Many people want to gain financial qualifications so they can go down a particular career path, maybe in the City or doing a specific job at a bank or financial organisation. But training in these areas can actually lead to many different industries. We hear from three people whose accountancy skills have taken them to the silver screen.
The Square Mile in the centre of London and Canary Wharf to the east have housed the finance sector for decades. Yet 30 years ago, both locations looked very different. We take a look at finance’s role in shaping the architecture of London.
Two years ago, a consortium of journalists broke the Panama Papers story. The biggest leak in history, the Papers exposed
the number of offshore companies held by powerful figures in society. But what has happened since to increase transparency?
With the Private Rental Sector (PRS) in the UK more dominant than ever, some landlords are profiting at the expense of their tenants’ rights. How can the existing loopholes be closed—and how can more be prevented from opening?
What role is the financial sector taking to combat the ‘dirty money’ sloshing through London? And what are the challenges it faces?
In a recent interview with Bloomberg, outgoing Danske Bank CEO Jacob Aarup-Andersen spoke eloquently about his companies impressive financial returns at the beginning of 2018. Andersen, who is due to become the head of wealth management at the bank, confirmed that the firm has earned a net income of €4.9 billion during the first quarter, which was higher than the initial forecast and industry average.
There has been a growing appetite in the past decade for information by all sorts of businesses across the world. Acquiring more and more data about customers and clients has helped many companies create targeted marketing campaigns and use it to develop new products and services. However, with General Data Protection Regulation (GDPR) about to be implemented at the end of May 2018, businesses that use information to lead their innovation could face more barriers in the future.
When discussing the world of investment and venture capital, finance commentators have often asked: “where are the female investors?”. While men have traditionally occupied the top investor spots (and corresponding places on the board), women have been absent – or at least invisible.
Claire’s accessories has become the latest major retailer to succumb to debt, filing for bankruptcy in the US. The company will see a £1.3bn cash injection from lenders, and the retailer has been quick to stress that stores - including 378 in the UK - will remain open for now.
As Brexit looms closer and closer, the news that the European Union economy has grown at its fastest rate in 10 years could be a hard pill to swallow. In 2017, the European Union’s economic growth was 2.5% - the highest figure since its 2007 peak of 2.7%.
Carillion – one of the UK’s largest contractors and a company responsible for a number of multimillion public sector projects – went into liquidation last month. Now, the “big four” accountancy firms are being accused of “feasting on the carcass” of the company, in an ongoing public debate that has acquired political precedence.
With diversity initiatives and targets aiming to bring about equal representation across a number of industries, it may seem that the finance sector has lagged behind. However, Lloyds Banking Group could be set to change all that - it became the first FTSE 100 firm to make a commitment to improving diversity across its workforce.
Today, the European Commission rejected a deal proposed by the City of London which would allow London to remain a financial centre after Brexit.
Before Bitcoin became the centre of a huge ‘to invest or not to invest’ debate, it was perhaps best known as the go-to currency for cybercriminals. But as prices on the cryptocurrency fluctuate by the thousands, even those carrying out cyber-attacks are turning against the currency.
While a lot of us are looking forward to a new year, now is the time for the big names in retail to take a look back at their Christmas performance.
Commuters across the country were hit with more than the back-to-work blues on January 2, with a 3.4% rise in rail fares making their journeys that bit more bitter.
The number of employed people in the UK has fallen by 56,000 people in the three months preceding October, the Office of National Statistics has revealed. Until recently, job growth in the UK had continued despite the shock factor of the EU referendum result, and the period of economic uncertainty caused by Brexit negotiations.
As speculation of Bitcoin’s bubble effect continues, the cryptocurrency has passed the $16,000 mark, meaning it has grown by more than 16 times its original value at the start of 2017. In a few days, Bitcoin futures will become a reality on the CME.
For the first time since the Bank of England started its annual stress tests, all seven of the UK’s major lenders have passed them. The stress tests involve putting the banks through hypothetical scenarios based on economic downturn, drastic rises in interest rates, and high unemployment rates.
Today at lunchtime, Phillip Hammond – the Chancellor of the Exchequer – announced the 2017 Autumn budget in an hour-long speech. He revealed that growth has slowed and will continue to do so, and notably allocated a further £3bn to Brexit. Technology, housing and the NHS were allocated significant funds. Perhaps aware that the delivery of a finance-focused speech would be prone to dry moments, Hammond also allowed for some humour to slip through. Here, we’ve compiled the main points made – and some of the Chancellor’s jokes - into a digestible read.
The crypto currency bitcoin’s dramatic rise in value has been met with mixed reactions, as some experts warn of an imminent crash. As we enter November of 2017, one bitcoin is worth £5,420 - more than seven times the value it held at the start of the year.
Good news for London-dwellers - a forecast has predicted that housing prices in the capital will drop in 2018, despite an increase in price for the rest of the country.
For the first time since 2007, the Bank of England has made the decision to raise interest rates. Rates will rise from 0.25% to 0.5%, in a move which is intended to combat high inflation.
Laurel Powers-Freeling, a former banker, has taken over as the UK chairwoman of Uber. This comes after the ride-hailing service faced controversy after TfL announced that its licence would not be renewed.
Five former executives of Lloyds Banking Group are in the midst of a 14-week trial over their conduct in the HBOS acquisition. Lloyds shareholders allege that they were misled over the acquisition, which happened in the midst of the 2007-8 financial crisis.
Monarch, a low-budget British airline with almost 50 years of operational history, has ceased operation. The Luton-based carrier announced it had gone into administration on the 2nd October - leaving up to 110,000 passengers abroad, their flights unceremoniously cancelled.
Debt is so high at the consumer level that high street banks could face losing £30bn, the Bank of England has warned. This could happen if there was a rise in unemployment and a time of economic strife.
Insurance syndicate XL Group, an insurer of Lloyds of London, is the latest financial services firm to announce relocation to Dublin. The reason: Brexit. It is one of many big names in the finance sector to move its European base out of London.
A bid by the Murdochs to acquire the remainder of Sky has been put on hold, as the Culture Secretary calls for a two-pronged investigation into the deal. The investigation will be carried out by the Competition and Markets Authority, and is expected to take six months.
The Mcdonalds logo is one of the most ubiquitous in the world - but today in London, it was not to be celebrated. For the first time since it brought its burgers to the UK in 1974, workers at the fast food giant have gone on strike over poor wages and unstable contracts.
A new extended range of professional development courses designed specifically for women in business have been launched by RADA in Business, the commercial subsidiary of the world-renowned Royal Academy of Dramatic Art (RADA).
It’s April and that means it’s the first day of the new financial year! We spoke to Dawn Register, a partner at BDO, to get some of her top tips for making sure businesses and individuals have their tax affairs in order before the financial year gets into full swing!
The Association of Chartered Certified Accountants, commonly known as ACCA, have announced a new approach to their ethical module which features in the top level of the ACCA qualification.
With the Apprenticeship Levy coming into force next week on the 6th April, the Association of Accounting Technicians have suggested that it needs refocusing before it can be truly effective.
New research from the Association of Accounting Technicians has revealed that almost half of UK businesses have taken on apprentices over the course of the last five years, showing that the trend is rising across all professions.
There's more to do in the banking world than you might think, and here at AllAboutFinanceCareers we want to show you all the different aspects of finance you could experience. In that vein, we sat down for a quickfire bonus quiz with a Corporate Risk Analyst from the London Institute of Banking and Finance, to see try and sum up their working life in just 12 questions!
A new report has found that perceptions of Science, Technology, Engineering and Maths-based subjects are rapidly improving, in news that will delight the UK government, who have long identified a skills gap in the sector.
One of the best things about doing a STEM (Science, Technology, Engineering or Mathematics) degree is the variety of careers open to you after you leave university.
Working as a freelancer can be a liberating experience, whatever role and industry you may be involved in. It has all the perks of being able to work around your own schedule, in the comfort of your own home and take on only work you wish to do. The main downside is that you do not have the financial security of a full-time position and salary. For this reason, there are various rules you must follow to secure your finances.
The number of financial job postings in England has dropped by 10.1% in July and August, compared to May and June. This is the only year in the past four where such a trend has occurred, highlighting the impact that the Brexit result has instantly had upon the UK economy.
When you first begin running your own business, you’re bound to make a great number of mistakes. Although you can’t eliminate mistakes from the way that you run your business, you can attempt to limit them.
There's a lot of information about on which postgraduate business course you should take or the differences between them. We sat down with Simon Healeas, Deputy MBA Director at Westminster Business School, to discuss what the MBA offers and why it's specifically useful for budding finance professionals.
Many people dream of self-employment, and the freedoms and flexibility it offers. We spoke to Ben Barlow about the pros and cons of making such a career move in a finance role, and found out what his top tips were for anyone thinking of making the move.
The Association of Chartered Certified Accountants, or ACCA, has announced seven attributes to what they're naming as 2016's 'perfect professional' and suggesting that this is the model which will be seen more of in the future.
The nuances of understanding the financial markets are an absolute must for any aspiring entrepreneur, so we sat down with Ben Barlow to discuss just what it is you need to look at in order to make the most of any entrepreneurial opportunity.
Latest research from the Association of Accounting Technicians has found that over a million UK employees spend more time on tea breaks than any form of work-based training.
This week, it was revealed that over half of Chief Executives in the UK's top firms come from a finance background. We got the insight of John Weston, head of ACCA UK, to see what was behind this trend.
So you're interested in accounting, but who should you work for? We sat down with Grace, an ACA trainee at Moore Stephens, who works within Corporate Audit in their Reading office, to get the lowdown on what life is like at Moore Stephens.
The New Entrepreneurs Foundation (NEF), the pre-eminent organisation dedicated to bringing through the next generation of entrepreneurs, is taking on 40 candidates, graduates or non-graduates, to join their 12 month development programme.
Dennis Wilson has recently been named the Construction Manager of the Year for 2015, for his work managing the redevelopment of the National Theatre whilst it was still fully operational as a working auditorium. In recognition of this, and in the light of his role model status amongst talented young members of the construction community, we've named him the first in our new series of AllAboutSchoolLeavers Ambassadors.
Even in the aftermath of huge scandals in the world of Accounting, such as those at Enron and WorldCom, research has suggested that unethical practice is still very much alive and kicking within the accountancy profession.
A recent report from the Office of National Statistics has revealed a high number of young people not in education, employment of training, but has also shown how 2015 saw a record number of businesses being created.
Everyone wants to earn as much as possible in whichever industry they’re part of, but research has revealed that there is a tipping point at which increasing your salary becomes less important in favour of a better work-life balance.
We’re now six years past the recession that hit our economy in 2009, but latest figures have revealed that 16 to 24 year olds are still disproportionately affected by its fallout. They are over twice as likely than the rest of the European population to be unemployed.
Share Radio, the station dedicated to sharing ideas about money and finance, have launched a radio show (and accompanying podcast) about how to manage your personal finance, in association with the Open University.
EY’s graduate, undergraduate and school leaver programmes, which opened this month, will no longer require a specific set of academic requirements.
The Institute of Directors has welcomed record numbers of students securing their places at University this year, and paid special mention to the continued increase in STEM (Science, Technology, Engineering and Mathematics) subjects being studied there.
As it becomes more and more competitive to get into grad schemes and even internships, it’s become more and more important to get your foot in the door of the industry you want to work in early on, and this applies to nowhere more than it does to the Finance industry. What this has led to is a series of programmes designed for first year undergraduates, known as either insight days or spring weeks.
It’s the best time ever to start your own business in the UK, according to Lord Young. The Conservative peer was speaking at the launch of the third Small Business Saturday campaign, which celebrates small firms in the country.
A Masters in Business Administrations (MBA) is a stalwart of the financial world. Notoriously expensive, widely recognised and reassuringly common, an MBA is an in-depth course that gives its students a real insight into how a business works in practice and the leadership skills to enter the management realm.
Tendr is the latest app on the market to utilise the swipe mechanism of dating-app Tinder and twist it into a different marketing strategy. The app, launched about a month ago, has become a huge talking point about the opportunities it offers for the crowdfunding market.
Finance firms have been hiring in droves to make up for lost time during the General Election.
Throughout the UK School system, teenage girls are getting significantly less financial education than their male counterparts, according to a study released today.
A LinkedIn Survey has determined the top Universities when it comes to entering the world of investment banking, and, unsurprisingly, The London School of Economics (LSE) has topped the rankings.
A number of banks and financial and professional services firms have been ranked as the top employers for school and college leavers in the UK.
The revolving doors linking the City with Westminster are nothing new. But just who’s who in David Cameron’s new cabinet?
One of the world’s largest professional services firms, PwC, will no longer consider A-Level results in their graduate recruitment.
A whopping 16 financial and professional services firms have been named in The Times’ Top 50 list of best employers for women.
The entirety of Canary Wharf was sold yesterday to Brookfield, a US property developer, and the Qatar Investment Authority (QIA).
Uh-oh. Not the best news for the financial industry, which is stereotypically viewed as an industry that is dominated by white, middle-class blokes.
One of the Big Four auditors, KPMG, have announced a brand new apprenticeship programme
A couple of weeks ago we mentioned how a career in finance provides a higher salary than any other industry, including law.
A range of roles in the finance industry have been ranked as the best jobs in the UK… aww yeaaaaaah!
There’s a ton of graduate jobs out there that will put you on the route to making a pretty penny fairly early on in your career.
Aspiring investment banker? Wannabe accountant? How do your chosen career paths rank alongside the most desirable in the country?
Wondering what it’s like to work the financial markets? Kyrillous, an analyst on the global markets at investment bank Nomura, told us more.
“They paid more than 99p… rofl lol!!”
Oh boy, yes you did read that correctly… the number of jobs in the City are on the rise.
It’s every student’s worst nightmare: opening a final year exam paper to find a bunch of questions you cannot for the life of you answer. Economics students at Sheffield University have experienced just that – and have made official complaints.
Following his Economics degree from the university of Westminster, 25-year-old Amin Choudhury is now working as a Finance Management Trainee Accountant as part of the finance department at Great Ormond Street Hospital NHS Foundation Trust. He studies for the CIPFA qualification too, which will mean he will qualify as a Chartered Public Finance Accountant. He let us in on what the programme is like…
As professional networking site LinkedIn anticipates update action aplenty this January for thousands of LinkedIn users looking for a new job, they’ve given the heads up on the top ten buzzwords in use on the site that could mean you run the risk of being lost in the crowd.
London Stock Exchange (LSE) have worked in collaboration with charity City Gateway to offer a brand new financial services industry apprenticeship.
Oxfam research shows that the share of wealth owned by the world’s richest 1% is set to outweigh that of the rest of the world’s population.