Category Archives: Contracting News

A spokesperson for the Trade Union Congress (TUC) said \”Migration levels are a good indicator of economic virility and the high number of expats living in the UK shows how strong the economy is. The finding that expats are considering leaving the UK suggests that the prospects for gross domestic product and labour market growth […]

The Head of Customer Propositions at HSBC, Lisa Woods, said that “It’s clear that the impact of the economic downturn has had a significant effect on expats based in the UK. As many expats based in the UK are young professionals, this trend could lead to talented workers looking to other countries for higher salaries […]

The announcement of job losses at Standard Life follows the Royal Bank of Scotland’s announcement that it will make further cuts into its Contract and Permanent workforce with plans to shed a further 3,500 jobs in the United Kingdom. The next stage of the ‘efficiency drive’ at RBS follows the axing of 9,000 jobs at […]

RBS has shed 20,000 jobs in total since the start of the financial crisis however the bank has seen fortunes largely turn around in the last few months following the announcement of a £1.1 Billion profit in the first half of 2010. The bank said that the job losses were largely the result of the […]

Mike Jones, Human Resources Director for the Energy Sector at Siemens, said that “There is a need to develop an estimated 50,000 skilled engineers, project managers, construction supervisors and craft workers nationally over the next 10 years. A further 70,000 UK jobs will also be created in the offshore wind sector by 2020. But if […]

Speaking further to the survey results Ann Swain, Chief Executive of APSCo, said that “It’s encouraging that so many UK recruitment businesses have overseas expansion plans despite the uncertain economic outlook. Many overseas staffing markets are relatively immature compared to the UK and are being liberalised so that they’re more accessible to UK staffing companies. […]

Commenting on the latest ONS jobs statistics Kevin Green said that “The latest ONS data mirrors that feedback from those in the front line of the jobs market. Recruitment professionals have reported an increase in both temporary and permanent staff appointments over recent months, although the rates of growth have started to ease. Looking ahead, […]

What is the Agency Workers Directive? The Agency Workers Directive is a piece of legislation designed to protect the rights of low paid agency workers. Designed by the European Community, the legislation gives agency workers the same pay, terms and conditions of employment, maternity / paternity benefits as workers who are permanent employees of a […]

Key Figures from the Powerchex report: IT contractor employment offers increased by 320% from May to June Investment bank recruitment increased by 45% from May to June Total industry offers rose 52% for the month compared to the same period in 2009 Stockbroker offers were down 12% on the previous month Insurance offers were down […]

The news will be of no comfort to highly skilled IT Contractors who are presently enjoying the return of well paying contracts following the economic downturn. The recession caused many businesses to reassess their IT needs, with many deferring projects until a later date or cancelling them altogether. News of tougher times will undoubtedly prompt […]