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Umbrella company contractors will be pleased to hear that the Professional Contractors Group has revealed great news for the UK’s contracting workforce.

Latest findings from the PCG’s ‘Economic Outlook: The Freelancers’ Perspective for April 2014’ has shown positive findings for not just contractors, but the UK as a whole.

According to the contractor organisation, self-employment is increasingly becoming the centre of debate when looking at the UK economy, with figures from the latest ONS report showing that the contracting community is continuing to grow and prosper.

Demand remains high as firms look to grow and take on more contractors to fill the skills gap.

Georgios Nikolaidis, Economic Policy Adviser at PCG, said of the findings,

“The economy continues to grow and healthy macroeconomic indicators should provide a conducive environment for businesses in the months to come.

“Unemployment and inflation are down, wages are on the rise and business investment is picking up. Forecasts are optimistic and the economy is expected to remain on the right track for the foreseeable future – gradually moving from the recovery phase to a period of full expansion.

“Rising demand for contract staff and an upward pressure on rates should be good news for the UK’s 1.72mn freelancers. Freelancers are becoming increasingly important for the economic recovery as companies look for highly-skilled individuals that could have an immediate impact on their business.

“An optimistic macroeconomic outlook will no doubt enable freelancers to make their unique contribution to the UK economy.”

Lisa Keeble is the Managing Director for Contractor Umbrella Ltd, one of the UK’s Most Respected Umbrella Companies and founder member of AllUmbrellaCompaniesAreEqual.
Learn more about Lisa on Google.


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