David Cameron has vowed that the government will focus on job creation in 2011.
The Prime Minister made the pledge in a recently delivered podcast, saying that the creation of jobs is uppermost in his mind as we move into 2011.
Cameron has already conceded that due to the budget deficit, the public sector will not be able to create new jobs and therefore the onus falls on the SME community, entrepreneurs and other freelancers to generate employment opportunities.
The PM said the government was going to look at ways to lift some of the barriers that prevent people from setting up on their own.
He said he wants to investigate all the reasons why it is so hard to set up, and grow, a business in the UK and the government will get tough to address them. Cameron wants to see a new economic dynamism in the UK and to achieve this the government will put extra pressure on banks to lend money to SMEs. More investment is also needed in the sectors of the future in order to create tens of thousands of new jobs in the green sustainable sector.
Despite Mr Cameron’s words, the PCG still believes that umbrella company contractors are in for a testing time this year. Redundancies, public sector spending cuts and economic uncertainty will all have a role to play in shaping 2011.
John Brazier, the MD of the organisation, says that the freelance community in the UK is in a good position to tackle the challenges ahead. A recent survey from the PCG showed that 60% of UK business leaders would struggle to operate without the help of contractors and more than 50% said the freelance community was essential if the economy is to grow.
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