Umbrella company contractors may be concerned to learn that small business confidence collapsed in the third quarter, according to the Federation of Small Businesses.
The OECD has reported that the UK economy grew by a mere 0.7% in the last year, making it the second worst performing economy in the G7 nations. Only Japan’s economy performed worse than ours and it had the earthquake and tsunami to contend with.
Employers and recruiters are becoming more optimistic and their confidence levels have reached their highest level this year, which could benefit those working through umbrella companies.