Contractors are unlikely to be surprised to hear that British employees in the 18 to 29 age group are suffering from high levels of workplace stress and they believe they are been forced to bear the brunt of the credit crisis recovery.
Ed Balls, the shadow chancellor, recently called on the coalition to implement a temporary emergency reduction in the VAT rate to jump-start the economy and boost consumer confidence.
David Cameron caused a certain amount of controversy last week when he promised to reduce the number of immigrants coming to this country to “tens of thousands” per year.
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.
Pfizer, the world’s largest drugmaker, announced last week that it intends to shut down its Research and Development facility in Sandwich within the next 2 years.
We can expect to see an increase in entrepreneurial businesses next year as graduate entrepreneurs create opportunities for their peers, according to experts.