Private sector suppliers, including limited company contractors, are focusing increasingly on their cashflow and threatening clients with legal action if they do not settle their invoices in a timely manner.
A new survey has revealed that although most employers have a high regard for PAYE umbrella company contractors, a significant number have an antediluvian opinion of them.
Last week’s unemployment figures made depressing reading for everybody, including umbrella company contractors.
Results of a recent survey commissioned by APSCo show that demand for contractors, including those working through umbrella companies, has decreased by 13% over the last year.
Contractors might be interested to learn the UK workers do not have quite such a strong sense of work ethics as some of their global counterparts.
It has been suggested that the implementation of the Agency Workers Regulations will make it harder for umbrella company contractors to secure a mortgage.
According to latest data from the REC, the recruitment industry in the UK grew by 25% in the last 12 months and a lot of this growth can be attributed to the increase in demand for PAYE umbrella company contractors.
Research by the Association of Recruitment Consultancies suggests that the contractor workforce in the UK may be about to suffer because of the implementation of AWR.
What measures would umbrella company contractors like to see laid out in the Chancellor’s Autumn Statement?
Those of us looking for work might be interested to read the results of the latest Outlook Survey from Manpower. The survey asks employers about their hiring intentions for the coming quarter.
As we get nearer to the festive season, some workers, including umbrella company contractors, could be tempted to do their Christmas shopping online during working hours.
Despite high unemployment in the UK, 75% of businesses are struggling to recruit the top talent they need. This could spell good news for contractors working through an umbrella company.
Contractors may be interested to learn that the UK hires more online freelancers than any other European country.
Suitably qualified IT umbrella contractors might benefit from the lack of applicants for mid-level permanent vacancies in the UK’s IT departments.
Umbrella company contractors may be interested to learn that a firm of chartered accountants has expressed concerns about the plan to merge income tax and national insurance.
Prospects aren’t looking too bad for contractors at the moment, but unfortunately the UK’s young people are still struggling to find employment.
