APSCo, REC, KMPG and HM (new) Govt all foresee economic growth. Plus, new job posts are increasing. BUT, skilled labour is in decline. What to do?
David Morris, the government’s self employment ambassador, has had it with Labour’s rubbish when it comes to speaking down to freelancers and contractors.
With an unprecedented shortage of skilled work and CEOs waiting for Government to do something about, now’s the perfect time for contractors to reap rewards.
Freelance workers and umbrella company contractors are set to benefit from the government’s new plans to drive economic recovery by investing in new technology.
The latest employment statistics, released by the ONS last week, showed a 0.1% decrease in the unemployment rate.
Umbrella company contractors will no doubt be aware that today is Budget Day. This is the day when we find out how the government intends to get people back into work and kick-start economic growth.
Umbrella contractors could be amongst those to benefit from the government’s decision to let the High Speed Two rail link go ahead. It is thought that HS2 could lead to the creation of as many as sixty thousand jobs.
Umbrella company contractors with international skills could find themselves in demand after Vince Cable said people with such skills were in short supply.
We’re continually hearing gloomy predictions about UK economic growth and demand for contractors in many sectors has been decreasing recently.
A study by ICAs shows that finance directors are losing confidence in the UK economy and cannot reach consensus over the best way to solve the problem.
The Treasury has estimated that the 50p rate of income tax will bring in an extra £12.6 billion over the next five years.
As public sector redundancies really start to bite, more women public sector workers could be tempted to go it alone and either set up their own business or become an umbrella company contractor.
The OECD has reported that the UK economy grew by a mere 0.7% in the last year, making it the second worst performing economy in the G7 nations. Only Japan’s economy performed worse than ours and it had the earthquake and tsunami to contend with.
Umbrella contractors may be interested to learn that the government recently disclosed the locations of the remaining 13 English Enterprise Zones that it hopes will help kick-start economic growth.
The latest Business Trends report from BDO shows that business confidence is plummeting as growth in the manufacturing sector seems to have stagnated.
Vince Cable has announced that the coalition intends to scrap or simplify in excess of 160 onerous regulations to free contractors and small businesses from unnecessary bureaucracy.