Chancellor Rishi Sunak will deliver the first Budget of the year on March 3rd. Given the fragile state of the economy, and the fact that the pandemic is far from over, there’s been some speculation that it might be delayed yet again.…
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As we enter 2021, economists are doing their best to predict markers for recovery despite the great uncertainty. The impact of subsequent lockdowns and Brexit will be far reaching, with PwC’s report forecasting that the UK’s unemployment rate will record its largest ever quarterly increase after the furlough scheme ends in March.…
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The Brexit trade and security deal was finalised on December 24th. Running to 2000 pages, the deal sought to establish how trade and services could be maintained now that the UK has left the EU. With this in mind, the wider implications of the UK quitting both the EU’s single market of 450 million customers along with its customs union are as yet unknown.…
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Lockdown has delivered unusual environmental benefits and the calls for a green Covid-19 recovery have been gathering steam. Last week, Rishi Sunak announced the ‘green homes scheme’ in his Summer Economic Statement, which aims to make homes more energy efficient, while also creating thousands more jobs in the construction sector.…
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With Covid-19 the dominant issue for the past several months, Brexit temporarily receded into the background. However, in the meanwhile, the 11 month transition period has been passing by. Less than six months before the status deadline, both sides have expressed concern about the lack of progress with negotiations.…
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Uncertainty over Brexit has been generally positive for the contractor market so far, with many companies selecting interim support for positions, allowing them the flexibility to scale up for market demand without long-term commitment. With organisations creating new Brexit-specific positions, specialist legal and financial skills are attracting a particular premium.…
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The UK is due to leave the EU on 29 March 2019 at 11 p.m. GMT time, but recent parliamentary debate shows that what happens next is anyone’s guess. While in theory Brexit appears to offer the UK a chance to self-govern in the name of the nation’s best interests, the deep and far-reaching implications of such a departure imply that, in reality, national interest can rarely be considered in isolation from the interests of those with whom that nation coexists and relies upon.…
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The Chancellor’s budget announced that off-payroll rules will hit the private sector in 2020. Amidst uncertainty over Brexit, there are widespread concerns that the reforms will damage business and weaken the economy at a critical time. ContractingWise takes an overview of the off-payroll developments to date.…
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During the EU referendum campaign, some small business representatives argued that by leaving the European Union they would be able to disentangle themselves from Brussels’ red tape.
So after the vote to leave the EU, what sort of business de-regulation might happen, and how could it affect contractors?…
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The result of the EU Referendum surprised many people on both sides of the debate and the future shape the UK’s relationship with the European Union will be subject to negotiation and political wrangling for months and years to come.
The new Prime Minister Theresa May has indicated that the earliest that the UK will ‘give notice’ to leave, by triggering Article 50, is the first quarter of 2017; after which there will be a two year negotiation period. …
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