Transfer for FREE Between ContractorUmbrella and Dolan Accountancy

Find Out More

Contractor Industry News

ContractorUmbrella MD, Lisa Keeble wins CUK Best Forum Advisor 2016 Award

Posted on 13th January 2016

Not only did we receive third place in the umbrella company category this year for the ContractorUK Reader Awards, but we are pleased to announce that our MD, Lisa Keeble, or as she is known on the forum ‘LisaContractorUmbrella’, has won Best Forum Adviser of 2015.

Read More


UK’s self-employment contribution to the economy 'can’t be underestimated'

Posted on 11th January 2016

Umbrella company contractors will be pleased to hear that official figures have shown that the number of self-employed people in the UK reached a record high in the three months to October.

Findings from the Office of National Statistics (ONS) also found that unemployment reached its lowest since January 2006.

According to the findings, further increase in self-employment suggests that the downward trend experienced earlier in the year has now been reversed.

Read More


Seven million workers plan to change jobs in 2016

Posted on 8th January 2016

If you're one of the seven million permanent UK workers who have admitted to being unhappy in your current job, then joining the contracting community might just be for you.

A recent report carried out by CV-Library revealed that over half of workers surveyed (54%) are planning to make changes next year with regards to their career.

Interestingly, almost a third (30%) of workers said that the thought of returning to work in January made them feel unhappy.

Read More


UK one of the five top leaders in use of IT contractors

Posted on 6th January 2016

Umbrella company contractors working within the technology sector will be pleased to learn that latest findings have revealed the UK to be one of the top five leaders in the use of IT contractors – outpacing the US

These findings come from an international study carried out by IT resourcing specialist Experis, where executives with hiring responsibility for IT workers, across ten countries were surveyed.

According to the research, 76% of UK businesses make extensive use of IT contractors, which is higher than the national average.

Read More


Contractors could benefit from small business confidence

Posted on 4th January 2016

Umbrella company contractors could very well benefit from a recent survey revealing that a quarter of smaller sized businesses are expecting to expand over the next 12 months.

Latest findings from Close Brothers Asset Finance revealed that around 1.35 million small and medium sized firms have predicted expansion in 2016, which could in turn create more job opportunities for umbrella company contractors and freelancers.

Of those surveyed, 54% said that they are confident about their future prospects and the economy, believing that the worst is behind them.

Read More


Hospitality sector faces busiest festive season

Posted on 29th December 2015

Umbrella company contractors working within the hospitality sector will be pleased to hear that the industry is set to experience one of its busiest festive seasons.

Recruitment specialist TeamJobs is challenging the well-known saying 'Too many cooks spoil the broth' by launching a new campaign to fill a flood of festive vacancies.

Read More


Cyber security contractors experience significant surge in demand

Posted on 23rd December 2015

IT contractors with the right skills will be pleased to learn that the demand for cyber security experts has grown significantly.

According to findings from the Manpower Employment Outlook Survey, recent high profile data breaches such as those at TalkTalk and Sony, have created a surge in demand for cyber security experts.

ManpowerGroup has seen a record number of requests received for specialists with IT security expertise in 2015 – four times the demand compared to last year

Read More


Almost half of Brits would like to become self-employed

Posted on 22nd December 2015

Latest findings have revealed that as many as 40% of Brits would love the opportunity to become their own boss.

Recent research from Intouch Accounting has found that almost half of the 10,000 people surveyed would love to become contractors, but when asked which aspects of self-employment were the most daunting, it was people's financial fears that came up as top.

Read More


Contractor rates of pay rise at fastest pace in three months

Posted on 16th December 2015

Umbrella company contractors will be pleased to learn that the latest Report on Jobs survey has revealed great news for the self-employed sector.

The recent report, carried out by the Recruitment and Employment Confederation (REC) and KPMG, found that during November, contractor hourly rates of pay rose at the fastest pace in three months.

Other findings show that billings also saw a significant rise, with growth being the sharpest in five months.

Read More


UK services sector continues to grow

Posted on 14th December 2015

Latest findings have revealed positive news for the services sector, as data shows that the industry ‘continues to rebound’.

According to the recent Markit/CIPS UK Service Purchasing Managers' Index (PMI), UK service providers look set to end 2015 on a positive note with growth of activity continuing to pick-up from September’s 29-month low.

New business growth also strengthened to a four-month high, which could in turn increase opportunities among umbrella company contractors and freelancers.

Read More


Many Brits expect to work beyond 65

Posted on 11th December 2015

Latest research has revealed that a high percentage of UK workers expect to continue working well into their 60’s.

The recent survey, carried out by employment benefits consultancy firm, Portus, revealed that as many as 66% of British workers believe that they will work beyond 65.

Of those surveyed, just over one in ten predict that they will continue to work beyond 76 – or will never retire at all.

Read More


Agency nurse pay cut ‘will drive skilled professionals out of the NHS’

Posted on 9th December 2015

The NHS have recently announced the limits on the hourly pay rate for agency staff.

These cuts will be gradually reduced, with the first caps having started just last week, with further caps to follow in February and April next year.

Read More


Contractor social care workers age 45+ see a rise in demand

Posted on 7th December 2015

Umbrella company contractors working within the social care sector will be interested to learn that there has been a marked rise in the number of assignments offered to those aged 45 years+.

Between the year ending March 2014 and year ending March 2015, the Comensura Social Care Index 2015 shows that the percentage of temporary social care worker (TSCW) hires aged between 45 and 54 has risen by 9.3% to account for 32.8% of the total temporary social care workforce.

Read More


Demand for cyber security professionals set to grow to six million in next four years

Posted on 4th December 2015

IT contractors with cyber security skills will be pleased to hear that they should expert high demand over the next four years.

Findings from Gibbs S3 have revealed that with the fallout from the recent TalkTalk hack, cyber security skills have never been in such high demand, with Michael Brown CEO at Symantec (the world’s largest security software vendor) stating that the demand for cyber security professionals is expected to rise to six million on a global level, by 2019.

Read More


More students than ever before are now contracting

Posted on 2nd December 2015

With National Freelancers Day just having celebrated its seventh consecutive year, latest findings have revealed that there are now more university students than ever before taking their hand to contracting.

Recent research carried out by Gradlancer has shown that there are now 56% of students who are choosing to carry out freelance work while studying, as many look to gain invaluable experience and ease tuition fees.

Read More


Contracting opportunities on the up

Posted on 30th November 2015

Umbrella company contractors will be pleased to learn that latest findings show vacancies within the sector remain stable, with the high demand for contract workers expected to continue well into 2016.

Recent data from the Association of Professional Staffing Companies (APSCo) has revealed that both contract and temporary vacancies have remained stable across the professional staffing market, with opportunities up by 2% year-on-year.

Read More


Employers making more use of contractors

Posted on 30th November 2015

Latest findings have revealed that the total recruitment industry turnover has increased significantly due to employers making more use of the UK's highly skilled contractors.

Data from the Recruitment and Employment Confederation (REC) shows that recruitment industry turnover increased by 9.7% in 2014/15 to reach £31.5 billion, with growth delivered by increased volumes of temporary, contract, interim and permanent placements.

Read More


IT, finance and multilingual professionals in high demand

Posted on 23rd November 2015

Umbrella company contractors might be interested to learn that latest findings have revealed positive news for those working in the finance, IT and multilingual sectors

Recent research carried out by Morgan McKinley, has found that job vacancies have increased nationally compared to the same month last year.

The Ireland Employment Monitor revealed that within the IT sector, there was a 5% increase seen in software development and Quality Assurance (QA) roles, as well as continued high demand for Big Data and Business Intelligence experts.

Read More


More graduates turn to self-employment

Posted on 20th November 2015

A recent survey has revealed that over half of 1,000 graduates surveyed have carried out some form of freelancing during their studies.

The latest findings from Policybee's Next Generation of Freelancers survey show that 56% of those surveyed have freelanced during their course, while 44% said that they would consider self-employment as a career option after graduating.

Read More


Contractor rates of pay increase at a solid pace

Posted on 18th November 2015

Umbrella company contractors will be pleased to hear that recent findings have revealed positive news for those who are self-employed.

The latest Report on Jobs survey, carried out by the Recruitment and Employment Confederation (REC), found that temporary and contract billings increased at a much faster pace, with the rate of expansion at a three-month high. Hourly pay also increased at a solid pace.

Looking at a regional analysis, the sharpest rate of growth for temporary/contract staff was reported by agencies based in the Midlands.

Read More


NHS hiring more contractors

Posted on 17th November 2015

Umbrella company contractors working within the healthcare industry will be pleased to hear that the NHS is increasing its hiring of self-employed workers.

Latest findings from Giant Group have revealed that the NHS is increasing its use of specialist healthcare contractors.

It was also found that contractors within this sector are reporting a significant reduction in the gap between assignments compared to figures recorded last year.

Read More


Financial contractors earning high rates of pay has more than doubled

Posted on 13th November 2015

Contractors working within financial services will be interested to learn that those in their sector earning more than £750 per day has more than doubled over the last 12 months.

The research, carried out by SJD Accountancy, revealed that the number of financial services contractors earning this rate of pay has gone from 6.3% to 11.6% in the last year, as demand for contract skills in financial institutions surges.

Read More


Contractor demand remains stable

Posted on 11th November 2015

Umbrella company contractors will be pleased to hear that contract vacancies continue to remain stable.

These recent findings, which have been carried out by the Association of Professional Staffing Companies (APSCo), reveal that both temporary and contract vacancies remain stable across the professional staffing market with opportunities up by 1% year-on-year.

It was also found that vacancies within finance and accounting were particularly strong, increasing by 21%.

Read More


Demand for top-level contractors set to rise significantly by 2020

Posted on 6th November 2015

Umbrella company contractors will be interested to learn that the demand for highly skilled independent professionals is set to increase significantly over the next five years.

Research carried out by MBA & Co has predicted that the market for top-level contractors will grow to more than one million by the end of the decade.

MBA & Co CEO Daniel Callaghan explained that having an on-demand talent market means that businesses can take on skilled professionals as and when they are needed.

Read More


Many UK businesses rely on contractors for their key strategic skills

Posted on 4th November 2015

Umbrella company contractors will be pleased to hear that many businesses are turning to the UK’s highly skilled contracting workforce to meet demand.

The latest JobsOutlook survey, carried out by the Recruitment and Employment Confederation (REC), has revealed that businesses are actively looking to take on more staff.

Of the 600 employers surveyed, 79% said that they take on contractors in order to access key strategic skills, and 94% said that contractors are paid more or the same than their permanent counterparts.

Read More


It’s that time of year again, when the 4.5 million independent professionals up and down the UK are celebrated for their hard work and dedication to the sector.

Posted on 2nd November 2015

It’s that time of year again, when the 4.5 million independent professionals up and down the UK are celebrated for their hard work and dedication to the sector.

In its seventh year, the annual National Freelancers Day will take place on Thursday 12th November 2015.

The Association of Independent Professionals and the Self-Employed (IPSE), the organisation that created the annual event, state that the UK is ‘more colourful, diverse and important than ever before.

Read More


Contract Recruitment Index reveals positive news for contractors

Posted on 30th October 2015

Umbrella company contractors and freelancers will be pleased to learn that the latest Venn Group Contract Recruitment Index has revealed positive news regarding the sector.

Data from the recent research has shown that the recovery of job availability has returned to London; a 50% month-on-month jump in opportunities has been recorded across the private sector and business demand for contractors within the private finance sector has increased by over 100% compared to August.

Read More


Small sized firms create 400,000 new job opportunities in the last 12 months

Posted on 28th October 2015

Umbrella company contractors will be interested to learn that UK’s small and medium-sized businesses may offer the most job opportunities, as reports show that they are responsible for creating 15.6 million jobs.

This is an increase of 400,000 in the last year.

Results from the latest Office of National Statistics (ONS) reveal that small sized businesses could go on to create as many as 65% of all new jobs in the UK over the next 10 years.

Read More


Becoming the government’s pet peeve is, once again, where the UK’s contractor army finds itself as it is reluctantly marched towards next month’s Autumn Statement 2015

Posted on 27th October 2015

Becoming the government’s pet peeve is, once again, where the UK’s contractor army finds itself as it is reluctantly marched towards next month’s Autumn Statement 2015, writes Lisa Keeble of ContractorUmbrella.

Quite apart from the potential birth of the ‘son of IR35’ – which promises to be even more incomprehensible than the original, HMRC also wants to restrict tax relief on travel and subsistence costs for vast swathes of contractors.

Read More


Bank of Scotland reveals strong increase in hourly rates of pay

Posted on 26th October 2015

The latest Bank of Scotland Report on Jobs has revealed positive news for contractors working north of the border.

The recent report found that September saw another strong increase in hourly rates of pay for contractors and temporary workers. Although the rate of growth was slightly slower that in the preceding survey period, this was still faster than that of permanent starting salaries.

Read More