Rise in number of older Brits starting a business
New research from the Clydesdale and Yorkshire banks shows that an increasing number of older Brits are foregoing retirement and setting up a business instead.
Bad news for umbrella company contractors in the City
The latest London Employment Monitor from Morgan McKinley shows that there was a 10% month-on-month decline in the number of new City jobs last month.
Public sector workers reluctant to move to private sector
Recent research findings from Badenoch & Clark show that nearly 67% of public workers have decided to remain in their current position and 31% say they are happy in their current role. Yorkshire has the highest percentage of content employees at 44.7%.
House prices continue to decline
Property website Rightmove says this is the second consecutive month in which house prices have fallen in England and Wales.
What now for umbrella company contractors in the manufacturing sector?
The latest Business Trends report from BDO shows that business confidence is plummeting as growth in the manufacturing sector seems to have stagnated.
Supply chain costs could increase thanks to the AWR
Flex Plus recruitment consultancy has warned that the Agency Workers Regulations could drive up supply chain costs.
Anglo-Swiss tax treaty signing is imminent
Contractors who have not chosen to invoice through a reputable umbrella company may need to know that the long-awaited tax treaty between the UK and Switzerland should be signed at the end of this month.
More people turn to ISAs as their savings account of choice
Official figures from HMRC show that people are saving more in tax-free ISAs than ever before.
Will more people end up working like an umbrella company contractor?
The CIPD has said that everyone should be entitled to flexible working rights, not just parents and carers.
SMEs boost cash flow by dipping into owners’ personal wealth
New research suggests that the personal finances, and private lives, of a lot of small business owners are suffering because of the rising costs associated with running their own company.
IT contractors set to benefit from NHS and outsource contracts
The NHS is turning to highly skilled limited company contractors and umbrella company contractors, according to Badenoch and Clark.
How can HMRC accurately measure the ‘tax gap’?
Umbrella contractors might be interested to learn that leading accounting bodies are calling into question the ‘tax gap’.
