Where has all the UK’s top talent gone?
Despite high unemployment in the UK, 75% of businesses are struggling to recruit the top talent they need. This could spell good news for contractors working through an umbrella company.
gdp
Would a second round of QE benefit the UK economy?
The Bank of England says that the quantitative easing programme that was rolled out after the credit crunch boosted the UK’s economy by 2%, adding weight to demands for the Bank to print more money.
Reducing non-EU umbrella company contractors could damage UK’s wealth
The Migration Advisory Committee has said the UK economy could be permanently damaged if the government persists in restricting immigration for skilled workers from outside the EU.
Economy is still on track for a full recovery
Umbrella company contractors may be interested to read the CBI’s predictions for the UK economy.
More than 160 onerous regulations to be axed
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.
Sluggish growth and rising costs prevents SMEs expanding
Last week’s GDP figures from the Office for National statistics confirmed growth of just 0.2% in the second quarter of this year.
Can we achieve fiscal sustainability without raising taxes?
The Office for Budget Responsibility says that tougher austerity measures and higher taxes are needed if Britain is to achieve long term fiscal sustainability.
Marginal GDP rise takes us back to where we were 6 months ago
Figures released last Wednesday showed a 0.5% increase in GDP in the first quarter of 2011. This balanced out the drop of 0.5% in the final quarter of last year, which was blamed on the abnormal weather we saw in December.
New-borns to pay more tax to fund ‘baby boomers’ pensions
Low-income households and the elderly have been badly hit by the recession, according to research conducted by the BBC and the Institute for Fiscal Studies.
George Osborne must deliver a small business friendly Budget
As budget day looms ever closer, various organisations have been urging the government to create an environment that supports entrepreneurs, small businesses and umbrella company contractors.
Freelancers need economic stability!
The government needs to concentrate on prioritising economic stability in this month’s budget, according to the Federation of Small Businesses. A call that is also likely to be endorsed by umbrella company contractors.
Encouraging private sector growth becomes a priority
On Monday, George Osborne and Vince Cable announced a fundamental review of the steps all areas of Government are taking to promote the best conditions to encourage growth in the private sector.
Despite projected GDP growth, the economic rollercoaster continues
Within 5 years, unemployment levels will reach 10% in over half the regions in the UK predicts the CEBR.
GDP growth is good news for umbrella companies
Contractors, recruiters and umbrella companies across the country would have been pleased by the official growth rate figures, released yesterday. According to the Office of National Statistics (ONS), the UK Gross Domestic Product (GDP) grew by 0.2% during the first quarter of 2010.