Figures released last Wednesday showed a 0.5% increase in GDP in the first quarter of 2011. This balanced out the drop of 0.5% in the final quarter of last year, which was blamed on the abnormal weather we saw in December.
Public sector financial crime is on the increase and, according to a new report from PwC, this is more likely to be an inside job than the work of an external criminal.
Umbrella company contractors might be interested to hear that the government will be distributing £450 million of funding over the next few months to deprived areas as part of its regional growth fund initiative.
Umbrella company contractors that have spent the majority of their time working in the public sector may need to learn a new language if they want to survive in the business world.
Contractors may be interested to learn that the latest Employment Outlook Survey from Manpower predicts that hiring will increase slightly in Q2. The survey reveals that the seasonally adjusted net outlook for employment is +2%.
It will probably come as no surprise to umbrella company contractors to learn that complaints against HMRC have increased dramatically over the last couple of years.
Contractors who have been used to public sector working will need to learn private sector language if they become victims of the government spending cuts.