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.
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 looking for a mortgage may be interested to hear that HMRC and mortgage lenders have got together and launched the Mortgage Verification Scheme aimed at reducing mortgage fraud.
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.
The latest Business Trends report from BDO shows that business confidence is plummeting as growth in the manufacturing sector seems to have stagnated.
The NHS is turning to highly skilled limited company contractors and umbrella company contractors, according to Badenoch and Clark.
The FSB claims that small businesses cannot start-up and grow with the present lending targets set by the government.
New research from Aviva shows that around 10% of small firms in the UK are worried they might have to close this year if trading conditions do not improve.
Umbrella company contractors may be interested to read the CBI’s predictions for the UK economy.
Umbrella company contractors may be interested to learn that MPs do not accept HMRC’s excuse that problems with implementing NPS were to blame for poor standards of service.
Last week’s GDP figures from the Office for National statistics confirmed growth of just 0.2% in the second quarter of this year.
HMRC is to offer a disclosure facility to taxpayers, including umbrella company contractors, it suspects of fraud.
Umbrella company IT contractors could be amongst those to benefit from an anticipated increased spend in IT and telecoms services.
