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

Hiring intentions for non-permanent staff still positive according to REC

The REC’s latest monthly JobsOutlook report showed a positive trend for umbrella contractors, with 27% of employers intending to expand their non-permanent staff, and 57% planning to keep levels the same – making 84% on total who are not planning any reductions in their flexible working arrangements. In the same survey, we noted that the

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Charlie Brooks
By: Charlie Brooks

More demand for umbrella IT contractors than permanent IT staff

New figures released this week by Jobsadwatch made very interesting reading for IT umbrella contractors, with over 25% more IT contracts becoming available in the last quarter of 2011 when compared to the same time frame in 2010. Financial institutions and software development houses led the way in this growth, showing a 5.1% increase when

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Charlie Brooks
By: Charlie Brooks

Worldwide IT spending to rise to £2.45 trillion in 2012 says Gartner

Gartner’s latest projections made positive reading for IT umbrella contractors this week – with predictions of a worldwide increase in spending on IT of 3.7% during 2012. That might not sound like much, but in real terms it would mean worldwide IT spending rising to £2.45 trillion during the year, as organisations invest in new

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Charlie Brooks
By: Charlie Brooks

HP announcement spells good news for umbrella IT contractors

We were pleased to see the recent announcement from Hewlett Packard that it has confirmed a 50% increase in the number of small IT firms and contractors that it plans to sub-contract work to – something which will come as welcome news for umbrella IT contractors across the UK. HP is the Government’s largest IT

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Charlie Brooks
By: Charlie Brooks

Umbrella IT contractors welcome Deloitte’s market prediction

We read new predictions by accountancy firm Deloitte with interest this week. According to the firm, large organisations that spend money on ‘big data projects’ will increase that spend in 2012 to between £650 million and £1 billion. At a time when many companies are not increasing their permanent staffing levels, that could mean a

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Charlie Brooks
By: Charlie Brooks

Large oil project in the North of England is great news for umbrella contractors

There was more good news this week for umbrella contractors who work in the oil industry, especially those based in the North of England, as a large oil drilling project has been given the go-ahead. The work, which will take place between the villages of Walkington and Bishop Burton, will involve drilling one and a

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Amelia Bowlzer
By: Amelia Bowlzer

Finance sector business volumes to reach mid 2007 levels this quarter

A new survey this week indicates that umbrella contractors who work in the financial services sector can be optimistic for 2012 – with UK business volumes forecast to reach their highest levels since June 2007 by the end of the first quarter. The 89th financial services survey, which was conducted by Confederation of British Industry

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Amelia Bowlzer
By: Amelia Bowlzer

Umbrella contractors in Scottish IT and engineering sector are well set for 2012

There was cause for cheer for our Scottish clients this week in light of the December Bank of Scotland Report on Jobs – which clearly shows that umbrella contractors working in IT and engineering have nothing to worry about this year. Contractors who operate through umbrella companies will be heartened by the figures, which show

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