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The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.

Banking sector demonstrates increased demand for interims

Interim managers who work through an umbrella company should have noticed an increase in demand for their services towards the end of last year, mainly from the financial services and banking sectors.

Banking sector demonstrates increased demand for interims » Read the full story

Reed Job Index ends the year 17% up on 2010

Umbrella contractors may be interested to learn that the Reed Job Index ended 2011 with 17% more job vacancies than the year before. However, the Job Index ended the year on 121 after falling significantly in December. In November the Index registered 133, a slight increase on the previous month’s 129.

Reed Job Index ends the year 17% up on 2010 » Read the full story

Will set tribunal fees lead to more work for contractors?

It has been announced that fixed tribunal fees are going to be introduced in a bid to avoid unnecessary claims arising from the Agency Workers Directive. The set fees do away with uncertainty and could give employers the confidence they need to increase the size of their umbrella company contractor workforce.

Will set tribunal fees lead to more work for contractors? » Read the full story

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