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.
Many Brits considering using their pension to help with cost-of-living crisis
Aviva: ‘When times are hard, we understandably try to find ways to cut costs, so considering your savings is an obvious thing to do. But it’s important to weigh up the pros and cons when it comes to your pension’.
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Many financial services firms relying on interims
Robert Half: ‘To remain agile, many businesses are shifting their hiring strategies to focus more on interim talent, which offers more flexibility, and also protects the bottom line’.
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Vacancies remain above pre-Covid levels
APSCo: ‘Pre-Covid comparisons show that recruitment activity is still significantly above pre-pandemic levels’.
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Number of temp workers continues to rise during festive period
REC: ‘They are the backbone of our economy, especially in the run-up to Christmas’.
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More to solving nursing strikes than pay rises
APSCo: ‘The current inflexibility around the varied framework requirements will only continue to limit the available pool of workers, which will exacerbate both the reliance on agency staff to fill immediate gaps and budget restraints’.
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Engineering rates of pay rise due to skills shortages
APSCo: ‘We’ve seen demand for engineering professionals increase steadily since June having gone through peaks and troughs in the first half of the year. Pay has also increased consistently as this demand for talent grows’.
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Skills shortages driving construction salaries up
APSCo: ‘It’s crucial that the government enacts policies that will bring stability for workers, including revising policies to better recognise and support the unique needs of the highly skilled contractor labour market’.
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Gen Z most likely to aspire to become their own boss
A new survey has revealed that nearly a third of UK workers have either started their own business or are considering doing so in 2023.
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