There is a mixture of cautious optimism and trepidation amongst freelancers as we start the countdown to 2011. We still have to see the full impact of the government’s CSR and a lot of umbrella company contractors are feeling anxious about their future prospects.
There has been plenty of good news recently for umbrella company IT contractors. Gartner, the industry analysts expect to see enterprise IT spending rebound next year after the last two years in decline.
A new report from an influential House of Commons committee has revealed that the proposed cap on immigration could have a detrimental effect on the UK economy.
Lloyds Banking Group recently announced it was to cut jobs, a move that will affect 1,150 umbrella company and limited company IT contractors in the UK.
The government’s temporary immigration cap is harming the social work profession according to recent reports in the media. In July, the government imposed a limit of 24,100 skilled workers from non EU countries entering the UK and a permanent immigration cap will be in place next year.