The Confederation of British Industry has sounded the alarmist klaxon, swearing up and down that there's a 'war on talent' destroying British industry.
The Confederation of British Industry has begged the Government for more help when it comes to supporting the UK's smallest businesses - including contractors.
Umbrella company contractors working in the financial services sector could see more demand for their services after PricewaterhouseCoopers and the CBI announced that the sector was still growing.
The Times newspaper recently asked readers to rank the UK against five key competitors for tax, business friendliness, infrastructure, skills and workforce.
Umbrella company contractors may already be aware that some industry sectors are doing better than others. Prospects in the IT and telecoms sector for example are blooming whilst public sector opportunities are diminishing fast for obvious reasons.
As budget day looms ever closer, various organisations have been urging the government to create an environment that supports entrepreneurs, small businesses and umbrella company contractors.
The CBI has warned that financial services companies in the UK could cut around 15,000 jobs over the next three months as the focus sharpens on lowering costs.