Brexit has left a cloud over business for almost three years now, creating uncertainty and reticence in the world of business. However much like any other major economic or political event, there will undoubtedly be sectors and businesses that benefit from the changes. Luke Davis from IW Capital looks at the future of RegTech in a post-Brexit UK.
In the finance sector, most major organisations have introduced a range of initiatives to encourage more women into leadership roles. Despite this, progress remains painfully slow. Jenny Straumers delves into the reasons behind it and offers her tips on what organisations can do to address the issue.
As the continued uncertainty over Brexit offers little clarity on the future of the British economy, expansion into other jurisdictions poses a daunting prospect for UK businesses looking to scale up. Despite the current political and economic uncertainties, the UK is still a good stable place to domicile as a holding company, says Chris Cork, Director of haysmacintyre. A common misconception of international expansion may be of only large multinational businesses moving seamlessly between territories. In fact, 340,000 UK businesses trade internationally, 98% of which are SMEs.
The market value of marine and coastal resources and industries is estimated at US$3 trillion per year, accounting for about 5% of global GDP. Yet, as much as 40% of the oceans are suffering negative effects from human activities, including pollution, depleted fisheries, and loss of coastal habitats because of poor management. Much of that damage has been caused by business, and now, it is an important time for businesses to show their support for life below water, Sustainable Development Goal 14.
Are you struggling to choose a route into the Finance & Accountancy sector? Manager and Sellick Partnership recruitment specialist Martin Parr offers his advice to new graduates on how to get onto the career ladder and build a long and successful career within the sector.
In early 2009, Bernie Madoff pled guilty to the largest Ponzi scheme in world history and the largest financial fraud in US history. Over the course of nearly three decades, the financier turned career criminal had stolen billions of dollars from investors by way of deceit and using fraudulent financial reporting. While no one has managed to eclipse Madoff in the intervening years, fraud remains a widespread problem in the finance industry.
Data from the Financial Times reveals that just over half of companies' finance employees are female, and in 2017, 58% of those were at a junior level. Certainly, there is potential to increase the proportion of women in finance in more senior roles and help them climb the corporate ladder. Collette Huckle, Divisional Director at Reed Accountancy believes that mentoring is the best way to achieve this and offers her five steps on how to grow professionally through mentoring.
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