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Banking & Financial Services

Businesses ‘want a more attractive tax system in Britain’

Those looking for banking and financial service jobs may need to cast their net wider than the UK, as a growing number of businesses consider relocating abroad to avoid Britain's complex tax system.
That is according to research commissioned by HM Revenue and Customs, which indicated that two-thirds of…

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Language skills could aid those looking for financial services jobs in global firms

Prospective employees looking for financial services jobs might be more successful if they are bi- or multilingual.
That is the suggestion of the CILT, the National Centre for Languages, which has suggested that international traders can be more successful in their dealings with specific countries if they are able…

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Flexible working could boost morale among those in finance jobs

Morale among staff in finance jobs could be boosted by greater adoption of flexible working schemes, it has been suggested.
According to Everything Everywhere, the communications giant formed as a result of the recent merger between Orange and T-Mobile, allowing people to work from home and address their work-life…

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Recruitment agencies told over 50s make ‘brilliant’ employees

Recruitment agencies may wish to suggest more candidates over the age of 50 for jobs in banking and finance, following comments made by Saga Magazine.
The specialist publication for mature readers said that people in this age demographic are much less likely than their younger counterparts to clock-watch, get…

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Bank employees want performance-related pay

Employees are increasingly expressing a preference for performance-related pay, according to the Chartered Institute of Personnel and Development (CIPD).
A banking salary survey for June may well show a fall in the size of rewards given to staff, after figures from the Office for National Statistics confirmed this is…

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Management skills ‘crucial to finance jobs’

British banks and other organisations must place more emphasis on the management skills of those in finance jobs, it has been suggested.
According to the Chartered Management Institute (CMI), too few managers in the UK have professional qualifications – just one in five to be precise.
With this in…

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Finance jobs news: Longer opening hours ‘aren’t important’

Finance jobs seekers considering what type of position to apply for may be encouraged to hear that longer opening hours may not be on the agenda for their prospective employer.
According to an expert, this feature is not important in attracting new business to banks – it matters more…

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Financial services jobs may need to counteract consumer apathy

People looking for financial services jobs may need to be aware of growing consumer apathy when it comes to savings.
This is going by the comments of Martin Bamford, a chartered financial planner and managing director at Informed Choice. He said few savers really pay much attention to getting…

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Financial services jobs could benefit from new skills report

People looking for financial services jobs may be encouraged by a new report on skills suggesting that Britain needs to increase its number of available apprenticeships.
With in-house finance job training a necessity for most positions in the industry, a rise in accessibility could help more potential employees gain…

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EU review examines potential fluctuations in finance jobs market

A stress testing exercise has found that only seven out of 91 banks surveyed would see a fall in Tier 1 capital ratios below a six per cent limit set for their resilience to financial shocks.
This is according to a study by the Committee of European Banking Supervisors…

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