Business and Economics

By Tony Roy, President of CareerBuilder EMEA A career in culture may be a neighbourhood away While it might be enticing to work in the areas of culture, media or sport, these jobs are often difficult to find. Yet according to our new study, a more targeted approach might be needed. The study discovered that certain boroughs of London are experiencing more growth than others when it comes to culture, media and sports positions. Topping the list is Hounslow, which...

By Valentina Magri All that glitters is not gold. ONS data released on August 13th for the second quarter of 2014 shows that Britain currently enjoys a record low unemployment rate at 6.4 per cent and an increase in employment (+167,000 persons). The jobs market seems to also be improving for youngsters aged 16-24; their unemployment rate fell from 19 to 16.9 per cent. In addition, the British economy is in better shape than any of its other European counterparts,...

By David Dumeresque of executive search specialists, Tyzack Whilst the term “disruptive innovation” entered the business lexicon back in the 1980s, it is probably even more relevant than ever now as companies strive to develop disruptive strategies aimed at achieving sustainable competitive advantage. Having said that, we now have another neologism that has entered the business glossary; “dematurity”. Whereas “disruption” relates to any organisation, “dematurity” relates only to industries and organisations that are “well established” or “mature”. The cycle for...

By Jack Peat I never imagined myself as someone who would begin a sentence "back in my day". It's the sort of cringe-worthy prelude you'd hear your parents or grandparents utter which meant for most children they’re either about to be bored by irrelevant nostalgia or lectured on traditional values, often both. But since the turn of the century we have witnessed such seismic change that I feel obliged to tell you, that back in my day, things were a...

If the great financial crisis taught us anything it is that there are very few industries that can be considered 'recession proof'. But in a global market, one that weathered the storms better than others is translation services. Reports show that the industry of translation and interpretation services has grown on average by 12 per cent each year since 2008 and with the increase of cross-border trade and business, a recent study projected a large growth between 2010 and 2020,...

By Luke Lang, co-founder Crowdcube For many British businesses, raising finance has become increasingly difficult in more austere times with banks, VCs and other financial institutions reigning in their lending. In fact, raising money is difficult at the best of times, which has led startups and growth businesses to seek alternatives. Crowdfunding is still a relatively new concept, which has seen its popularity grow since around 2011 when the likes of Crowdfunder and Kickstarter first appeared in the headlines. In...

By Seb Dean from Apartment-hotels.com London is known worldwide as an economic powerhouse, with Forbes recently describing it as the most influential city in the world and it is becoming a wealth magnet, with over 100 billionaires choosing to reside in the capital. This is bad news for most, as property prices hit fever pitch and most people are being priced out of buying a house in the City. However, for some, the price of a house doesn’t actually matter...

David Landon Cole The bitcoin - a currency based on a hash function - is often touted as the future and a recent article on The London Economic buys into that. I have a few objections with the piece that I'd like to look at. The premise for the article is an unattributed post on Reddit. The post claims that the US Federal Reserve commissioned research internally into the bitcoin, suggesting that it would overtake the mighty greenback between 2021...

By Vladimir Remmer The world financial equilibrium was devastated in 2006 when the US housing market bubble finally burst. Real Estate prices plummeted, wiping out securities tied to housing and striking financial institutions globally. The human toll was staggering and manifested in mass evictions, bankruptcies and foreclosures, combined with catastrophic job market contraction and prolonged unemployment. The consumer wealth adjustment, estimated to be trillions of US dollars, inhibited economic activity throughout most of the world and led to the 2008...