The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
If you’re a temporary worker, you can’t do better than looking for contract work in the Midlands and the south of England, according to last month’s figures from the Recruitment and Employment Confederation.
A new Tom Cruise film being shot at the Leavesden-based Warner Brothers’ studios near Watford could bring an employment boom for movie industry umbrella service contractors.
While the rest of the economy is reeling from the effects of the recession, the contract worker sector has actually been expanding, according to the most recent industry study.
A new investment project in the Midlands has send energy sector contractors scrambling to prepare as demand levels are expected to skyrocket in the immediate future.
The impact of Agency Workers’ Regulations differs from sector to sector, according to one recruitment industry organisation.
Growth in the renewal energy sector is on the way after the government announced new investment proposals, leading to the possibility of new interim worker positions to be created in the process.
More work may soon be on the way for contractors working in the shop-fitting, refurbishment, and construction trades, thanks to a new government plan to give the UK’s high streets a well-deserved boost, it was recently reported.
The infrastructure needed to roll out 4G broadband is coming to the UK, and one technology journalist recently said that highly skilled freelancers working with umbrella companies are likely to benefit from the increased demand for their skills.
According to one estimate, the IT and telecoms sectors will be in need of more than 129,000 new recruits by 2020 – twice that of other sector averages.
A new report by the Organisation for Economic Co-operation and Development that states high jobless rates are likely to continue across the eurozone doesn’t seem like good news to many – but umbrella company experts say that this could spell good news for contractors and freelancers looking to pick up extra work.
With the news that the government has announced its newest enterprise zone will be located in Cornwall, career experts say that the new initiative could lead to a surge in job offers for umbrella company contractors working within the aerospace industry.
The Recruitment and Employment Confederation recently announced that the Summer Games could bring loads of new opportunities for contractors, especially in the capital.
Service contractors working for umbrella companies in the UK could benefit from a skills shortage currently plaguing mid-sized companies in the UK as the sector struggles to fill key positions, it was recently suggested.
The ‘Olympic effect’ could bring revenues as high as £16.5 billion and more than 62,000 jobs to the UK, with contractors working for umbrella companies poised to capitalise on the knock-on effect brought by the Summer Games.
Finance contractors working for umbrella companies could stand to reap the benefits of the expansion of Marks & Spencer’s financial services division, with around 500 new roles needing to be filled in order to provide staff and support services to the M&S Bank branch network.
If you’re working as a consultant, freelancer, or a contractor looking to maximise your take home pay (and who isn’t, in this economy?), joining an umbrella company might be just the thing for getting you the most out of your freelance business.
