Umbrella Companies

Demand drops for contractors with banking experience

By UCHQ Team 08/10/2011

Umbrella contractors may be interested to learn that the September Job Index from Reed showed falling job demand in a range of sectors. The index fell back one index point compared to the previous month, although demand is still up 16% year-on-year.

Umbrella contractors will not get tax cuts for Christmas

By UCHQ Team 07/10/2011

The Chancellor of the Exchequer, George Osborne, said recently that the government will be unable to cut taxes this parliament due to the global economic crisis.

Would a second round of QE benefit the UK economy?

By UCHQ Team 06/10/2011

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.

Small businesses urgently need to access credit

By UCHQ Team 05/10/2011

Vince Cable, the business secretary, says that the suggestion to set up a new government funded bank to lend to SMEs, would not be effective in tackling the crisis those businesses face when trying to obtain credit.

Are there opportunities for young umbrella company contractors in the media sector?

By UCHQ Team 04/10/2011

While a large number of the UK’s young people remain unemployed, there is a shortage of junior talent with experience in media and creatives, according to the chairman of Aspire Global Network.

Contractors are doing well despite the slow growing economy

By UCHQ Team 03/10/2011

Despite the slow growth in the UK economy, contractors such as those working through umbrella companies are doing surprisingly well, according to a new survey by the PCG.

REC phone lines have been swamped with AWR calls

By UCHQ Team 01/10/2011

Umbrella contractors might be interested to learn that the REC’s legal helpline has been swamped with calls from members querying the implementation of the Agency Workers Regulations, which come into force today (Saturday, October 1st).

Reversing VAT rate would damage recovery says FSB

By UCHQ Team 30/09/2011

The FSB has called on politicians to stop playing politics when it comes to the economic recovery and formulate a realistic plan to help small businesses grow.

How many umbrella company contractors are there in the UK workforce?

By UCHQ Team 29/09/2011

People Per Hour recently surveyed 9,000 businesses about their usage of freelancers and discovered that the number of businesses using flexible workers has risen by 68% in the last 12 months.

IR35 enquiries don’t seem to be bringing in the cash

By UCHQ Team 28/09/2011

Umbrella company contractors may be interested to learn that HMRC only yielded slightly over £200,000 last year from their enquiries into the IR35 status of self-employed workers.