Vince Cable, the business secretary, says that the suggestion to set up a new government funded bank to lend to SMEs, would not be effective in tackling the crisis those businesses face when trying to obtain credit.
While a large number of the UK’s young people remain unemployed, there is a shortage of junior talent with experience in media and creatives, according to the chairman of Aspire Global Network.
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.
People Per Hour recently surveyed 9,000 businesses about their usage of freelancers and discovered that the number of businesses using flexible workers has risen by 68% in the last 12 months.
Umbrella company contractors may be interested to learn that HMRC only yielded slightly over £200,000 last year from their enquiries into the IR35 status of self-employed workers.
According to recent research by Orange, small businesses are asking all of their employees, including support staff, to come up with ideas for growing the business.
Umbrella company contractors and small business owners could be relieved to learn that HMRC intends to improve the level of service it supplies to taxpayers.
New data suggests that the UK’s small business owners are leading the country towards economic recovery.
The Migration Advisory Committee has said the UK economy could be permanently damaged if the government persists in restricting immigration for skilled workers from outside the EU.
Umbrella company IT contractors could find themselves more in demand after Symantec revealed that global cybercrime is costing businesses £71.6 billion a year.
The Treasury has estimated that the 50p rate of income tax will bring in an extra £12.6 billion over the next five years.
Some umbrella company IT contractors may think that there services will no longer be required if the company they are contracted to switches to cloud computing, but this is not necessarily the case.
Spelling and grammatical errors still abound on CVs according to a recent survey.
Umbrella company contractors might be concerned to learn that recruiter Hays made a rather embarrassing gaffe last week when one of its employees sent an email to staff at the Royal Bank of Scotland disclosing the pay rate of RBS contractors!
The latest London Employment Monitor from Morgan McKinley shows that there was a 10% month-on-month decline in the number of new City jobs last month.
Property website Rightmove says this is the second consecutive month in which house prices have fallen in England and Wales.
