Latest Contractor News

Keep up to date with all the latest contractor news. We have written everything in plain English, so there’s no need to go to the overly complex HMRC website to learn about any tax and accountancy related updates.

Charlie Brooks
By: Charlie Brooks

REC October Jobs Outlook largely positive for umbrella contractors

We were pleased to note that the REC's latest JobsOutlook gives clear signs that employers are getting more confident about their longer term hiring plans and about growing their workforce over the next 12 months. In fact, a huge 82% of those interviewed are planning to either maintain or increase their use of non-permanent staff

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Charlie Brooks
By: Charlie Brooks

PCG identifies half a million IT contractors and growing all the time

If you’re already an IT umbrella contractor or thinking of becoming one, this is all the proof you need that it’s a great decision! According to the latest research by the PCG, out of 1.4 million freelancers and contractors in the UK, 574,000 of them are IT contractors, and around 200,000 of those use an

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Charlie Brooks
By: Charlie Brooks

NHS staff shortages could lead to huge opportunity for umbrella contractors

We read with interest a report that was issued this week by the Care Quality Commission, which outlined a series of serious staffing shortages in the NHS. It seems that numerous UK hospitals are ‘failing in the most rudimentary aspects of patient care’, with the problem being especially noticeable in specialist services like stroke recovery

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Charlie Brooks
By: Charlie Brooks

Government spending announcement good news for umbrella contractors

We were really pleased to see the announcement this week about what’s been described as a ‘significant’ new government investment which is apparently designed to boost the UK’s e-infrastructure. Details of the £145 million cash injection were delivered by David Willetts, Universities and Science Minister, who stated that it is intended to ‘catalyse growth and

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Charlie Brooks
By: Charlie Brooks

Umbrella contractors are the new ‘cloud’

We were amused this week to see a new REC Working Paper has found that umbrella contractors working in the IT arena do seem to have their heads ‘in the cloud’ – but I guess we always knew that! According to the findings of the study, which is called ‘Talent Acquisition in Turbulent Times’, employers

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Charlie Brooks
By: Charlie Brooks

Confusion rumbles on in the world of IR35

HMRC has recently indicated four key areas where it is allegedly promising to make changes to IR35 processes, but of course we’ll believe it when we see it! It is currently seeking ‘specific detailed comments’ on how to make improvements to its IR35 helpline, contractor guidance, status review and investigation processes and has also said

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Charlie Brooks
By: Charlie Brooks

Technology is ‘key to future growth’ according to Barclays survey

The findings of the recent Barclays Corporate’s Politics and Economy 2011 survey were great news for us here at Contractor Umbrella, and for all of our IT specialist umbrella contractors! According to the survey, as if we didn’t know it already, the UK’s economic growth will be ‘fuelled by technology’ over the next few years,

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Charlie Brooks
By: Charlie Brooks

IT spend in finance sector gets special treatment

We all know it’s tough out there at the moment, but according to the latest analysis from Price Waterhouse Coopers (PwC) and the CBI, organisations in Britain’s financial services sector will cut all types of capital spending over the next three months except IT, because IT helps to increase efficiency in other areas. Which is

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