If you're looking to start your own business or begin working as a self-employed freelancer, the capital is the place to be, says PriceWaterhouseCoopers.
It may seem odd to some, but there is one contingent of IT contractors that feel the public sector is soon to bring new freelancing opportunities their way.
One new study has recently revealed that there is a serious shortage of skilled and experienced technology professionals, scientists, and engineers in the UK.
More companies are phasing out their overseas IT contracting needs and instead looking closer to home by using local recruitment agencies and umbrella service companies.
While most umbrella company contractors have been experiencing pay rate increases over the past two years, one sector has actually seen negative growth.
According to a recently released report, the number of women joining the ranks of freelancers and umbrella company contractors has gone up significantly as a result of the economic recession.