Despite recent reports of young people snapping up the majority of jobs generated in the UK this year the Government has given some grim pre-Christmas news on Wednesday when unemployment increased by 35,000 and the number of young people out of work reached record levels.
Business News
Construction Activity ‘Lowest in 20 Years’
Posted on 17th December 2010 by AndyIn November construction activity in London fell to its lowest in 20 years highlighting the impact of the recession and the general down turn in the private sector. Only 22 schemes are currently under way which is 68% less than what is was a year ago.
Harsh Winter for Construction Industry
Posted on 17th December 2010 by AndyNew figures point to a long and arduous winter for the construction industry particularly in Scotland. The Scottish Building Federation has stated that there has only been a modest increase in output in recent months.
Young People Dominate New Jobs Generated in 2010
Posted on 13th December 2010 by AndyA recent study has shown that young people have taken two-thirds of all jobs created in 2010. Rather than this being an indication of employers wanting a fresh young workforce it is instead indicating that employers are going for the cheapest possible option when hiring.
Have HMRC Ruined Christmas?
Posted on 25th November 2010 by AndyMany people would agree that the only thing worse than getting an incorrect tax demand is getting a refund only to be told, shortly after you have probably spent it, that you must pay it back. The dreaded brown envelopes are due to arrive on doormats across the country but despite this HMRC continue to shrug and insist that this is just how tax works.
Crystal Umbrella Services Ltd Enters Administration
Posted on 19th November 2010 by AndyCrystal Umbrella Services Ltd has gone into administration. On 28 October 2010 Asher Miller and Henry Lan, of David Rubin & Partners LLP were appointed as joint administrators. Crystal Umbrella Services Ltd has however, been bought by another company owned by its own parent group. Spokesmen for the company have been quick to say that they have done this as the group is ‘restructured
Unexpected Unemployment Dip
Posted on 18th November 2010 by AndyUnemployment had an unexpected dip in October suggesting that the job market may not be as damaged as people think. Employment also improved largely to an increase in self employed and part-time workers.
Agency Worker Reform Hindered
Posted on 5th November 2010 by AndyThe government has recently reported that a standoff between trade unions and CBI have greatly hindered attempts to reform new employment legislation giving equal rights to 1.3 agency workers
Modern Work Patterns vs. The PAYE Tax System
Posted on 3rd November 2010 by AndyHow exactly have HMRC gotten into such trouble recently? It is widely agreed that the PAYE system is outdated and simply cannot cope with the complexities of modern work patterns.
HMRC Under New Pressure as MP’s Launch Inquiry
Posted on 28th October 2010 by AndyJust weeks after the Revenue were scrutinised for their blunder over millions of incorrect PAYE bills they are under fresh pressure as MP’s launch an inquiry into HMRC’s effectiveness. This comes just days after they were warned to prepare for imminent job cuts.
