The UK’s banks claim they are will meet their Project Merlin lending targets for this year but small businesses, including some umbrella companies, are disputing the claim saying it is becoming harder and costing more to get a loan.
The eyes of the world will be on the UK this year and umbrella company contractors have a role to play in promoting the contribution small businesses make to the country’s economy.
Umbrella company contractors with international skills could find themselves in demand after Vince Cable said people with such skills were in short supply.
The Forum of Private Business is warning companies that they could alienate their workers, including umbrella contractors, if they scrap this year’s office Christmas party.
Despite all the publicity surrounding Project Merlin, umbrella company contractors might be surprised to learn that a large proportion of businesses in the UK are unaware of its existence.
A new survey by international office space supplier, Regus, suggests that the UK’s SMEs are turning to contractors to help them through the uncertain economic times.
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.
Despite the slow growth in the UK economy, contractors such as those working through umbrella companies are doing surprisingly well, according to a new survey by the PCG.