Public sector financial crime is on the increase and, according to a new report from PwC, this is more likely to be an inside job than the work of an external criminal.
Umbrella company contractors might be interested to hear that the government will be distributing £450 million of funding over the next few months to deprived areas as part of its regional growth fund initiative.
Business futurologist, Dr James Bellini, believes that UK contractors will see more opportunities for remote and virtual working. He said that growth in these areas should come as no surprise.
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.
Umbrella company contractors that have spent the majority of their time working in the public sector may need to learn a new language if they want to survive in the business world.
Whilst employees throughout the UK will be rejoicing at the thought of two consecutive long weekends this month, businesses and umbrella companies need to plan early for the closures.
When he delivered his budget speech last week, the Chancellor announced that 21 enterprise zones were to be created rather than the originally planned 10. Businesses moving into one of these will receive discounts of up to 100% on their rates, superfast broadband and enhanced capital allowances where the zone focuses on manufacturing.