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Contractors Weekly News – 16/10/15

The major stories in the contracting world this week have been: Skill shortages in the engineering sector Fears are growing in the construction and engineering industry as demand out weighs supply of skilled contractors. If the skilled contractors aren’t found soon, there is fear that major projects such as buildings, government plans and building associations […]

By Laura Nixon on 16 Oct 2015
Read time: 1 minutes

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The major stories in the contracting world this week have been:

  • Skill shortages in the engineering sector

Fears are growing in the construction and engineering industry as demand out weighs supply of skilled contractors. If the skilled contractors aren’t found soon, there is fear that major projects such as buildings, government plans and building associations may suffer. Perhaps now is the time for you to make the move to contracting?

  • Number of High Earning Finance Contractors Double

Within the past year the number of finance contractors has doubled with contractors earning more than £750 per day. As the demand for finance contractors increases from 6.3 per cent to a significant 11.6 per cent, institutions and banks are seeking contractors with niche skill sets, which over time strengthens and increases their average daily rate.

  • Contractors set to gain from Private Sector

It looks like the demand for contractors in the private sector has risen recently, as a result of investment. A contractor database has found that contracting professionals are anticipating a significant growth in the private sector over the next 12 months, so if you are thinking of starting up as a contractor, why not call us to find out more on 01253 362062

  • Contractor Organisations support Tory Infrastructure

Light has been shed on contractor organisations supporting the conservatives’ announcement of a new national infrastructure commission, during the speech at the Conservative Party conference; made by Chancellor, George Osborne who stated that the matter had been addressed in his manifesto ahead of the general election, as it is one of the greatest challenges highly mobile workers face.

Making the decision to be a contractor comes with many questions, so if you’d like to speak to one of our new business team you can call them on 01253 362062 or email craig.whelan@nixonwilliams.com

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We will never share your data with anyone without your permission. Read our Privacy policy to see how we use your data.