Fewer opportunities for IT umbrella contractors last month
There was less demand for umbrella company contractors with IT skills last month than at any other time during 2011, according to the latest Report on Jobs from the REC.
Will PAYE contractors be drilling for oil in Yorkshire?
Umbrella contractors working in the oil industry could benefit from the decision to let Rathlin Energy drill for oil in Yorkshire.
Will HS2 provide work for umbrella company workers?
Umbrella contractors could be amongst those to benefit from the government’s decision to let the High Speed Two rail link go ahead. It is thought that HS2 could lead to the creation of as many as sixty thousand jobs.
Tax evading contractors could face criminal prosecution
Under new proposals published last week, individuals, including umbrella contractors, who are suspected of committing a tax fraud will no longer be immune from prosecution.
Companies set to increase spending on IT in 2012
IT umbrella company contractors may be pleased to hear that IT spending is expected to increase by 3.7% this year.
Will shorter-term contracts be the norm for IT contractors?
Umbrella company contractors may have good reason to worry after APSCo said the AWR will cause 29% of firms to terminate contracts.
Private sector growth in Scotland accelerated last month
Umbrella company contractors operating north of the border may be relieved to learn that the Scottish private sector growth rate accelerated again in December.
Are British banks telling the full story about SME lending?
The UK’s banks claim they are will meet their Project Merlin lending targets for this year but small businesses, including some umbrella companies, are disputing the claim saying it is becoming harder and costing more to get a loan.
Youth contract scheme could help umbrella companies
The REC is keen to encourage the government to take action to help Britain’s unemployed youngsters, some of whom might become umbrella company contractors, obtain meaningful employment.
Do umbrella contractors undergo psychometric testing?
Umbrella company contractors who have undertaken psychometric tests might be interested to learn the Talent Q believes some recruiters are misusing them.
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.
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.
