Concerns over affect of immigration cap

The REC is concerned that the government’s proposed immigration cap will lead to a greater skills shortage in certain sectors. However, this has annoyed some contractors who feel threatened by cheap labour from outside the EU.

Umbrella companies could be hit with pension hike

Both the BCC and the CBI have hit out at the coalition’s proposal to abolish the default retirement age from April 2011. The BCC’s director of policy, Adam Marshall, says this will restrict the ability of businesses to manage their workforce.

The REC responds positively to Tuesday’s budget

Contractors could be better off as a result of George Osborne’s announcement that the income tax threshold will change. The REC said that temporary agency workers who only work for short periods will be especially delighted with the budget announcement.

Employment index shows signs of growth

There are more opportunities available for IT contractors according to the latest Monster employment Index report. 11% additional vacancies were advertised online in May compared to the previous month.