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Latest website and industry news at a glance..
Budget 2013: 'UK government should build more homes'
Date: 03/11/2013

Boosting homebuilding and infrastructure spending should be the main goal of the forthcoming Budget, according to business lobby groups.

The CBI and the British Chambers of Commerce (BCC) want tens of thousands of new homes to be built to create new jobs and provide affordable homes.

But they say that the government should stick to its plans to cut borrowing.

However, the BCC says that the government should borrow more if there is no growth within six months.

The BCC is advocating a range of measures, including the building of 100,000 new homes, which it says will cost almost £30bn over three years.

John Longworth, director general of the BCC, said: "If within the next six months there is no prospect of growth... you might have to consider actually borrowing more money but you should only do it to fund areas that the market would forgive."

Building confidence

The CBI says £2.2bn should be moved from current spending to "high-growth areas". Some of this money should be used to build 50,000 new affordable homes, which it says would create 75,000 jobs.

The group also wants more investment in roads and infrastructure and a cap on business rates.

The CBI said money could be found from savings within government departments as well as sales of land and property, and insisted there would be no need for further borrowing.

Tax incentives should be provided to encourage the refurbishment of existing properties, the CBI added.

CBI director general John Cridland told the BBC the plan would address a range of problems: "We need Housing Associations to be freed up going forward to build the affordable housing needed.

"If we want nurses and firemen to be able to live in London we need to build these homes. You create construction jobs - and jobs for young people because these are entry-level jobs - and you build confidence."

He said the government should stick to its fiscal plan, but that these measures were also needed to boost the housing market and would benefit first-time buyers, those trapped in negative equity and those looking to refurbish their homes.

Last month, the CBI said that the UK would avoid falling into a so-called triple-dip recession.

The group believes that the UK economy will grow by 0.3% in the first quarter of the year, after the economy shrank in the last quarter of 2012 - the first period in what some feared might be another six months of negative growth.

Spending debate

The suggestions come as the coalition partners continue to debate whether the government's austerity plans are the right course for the current flat economic conditions.

Both Prime Minister David Cameron and his Chancellor, George Osborne, are determined to keep to their plans to rein in spending.

On Monday, the former defence secretary, Liam Fox, a Conservative, called on the government to freeze the level of public spending for five years and spend the money saved on cutting taxes and the deficit.

He wants all public spending frozen - as against the current freeze for Whitehall departmental budgets.

He is also urging an end to the ring-fencing of certain budgets, including the NHS, schools and universal benefits such as the pensioners' winter fuel allowance.

The Liberal Democrat Business Secretary, Vince Cable, is also against ring fencing, although for different reasons.

He told the BBC that protecting some departments intensified the burden on others: "When you have 80% of all government spending that's ring-fenced it means all future pressures then come on things like the army, the police, local government, and skills and universities.

"So... you get a very unbalanced approach to public spending... I think as a long-term approach to government spending, it isn't very sensible."

George Osborne will announce the Budget on 20 March.

.. read more

Portsmouth administrators rack up £2.2m in fees
Date: 02/28/2013

PKF ADMINISTRATORS have racked up £2.2m in fees for their work on the collapsed football club Portsmouth FC, according to the latest creditor report.

The administrators have incurred the £2.2m of fees in time costs for the period 17 February 2012 to 2 January 2013. This is for 7,295 hours of work which is an average of about £297 an hour.

However, the administrators have managed to draw £775,000 so far following approval from a creditor committee. At the end of the administration the administrators will decide on the percentage of their fees to be repaid with that figure needing creditor committee approval before it can be drawn. 

The club entered administration for the second time in two years on 17 February, with PKF partners Trevor Birch, Ian Gould and Bryan Jackson appointed.

Fees for the six months ending 2 January 2013 amounted to £851,671 for 2,905 hours of work at an average hourly rate of £293 per hour.

The administrators are currently awaiting a court hearing which will determine whether a rescue deal will be viable through a sale to the Portsmouth Supporters Trust (PST).

The administrators said in the latest creditor report that "if a sale can't be achieved a liquidation is the most viable option."

PST has funded some of the trading costs amounting to £244,061. However, preferential claims so far come in at about £52,000 and unsecured creditor claims are about £35m, which £11.4m as football creditors.

In a football insolvency, football creditors such as players, managers and other clubs, are paid first and in full.

Other costs highlighted include solicitor fees for Pinsent Masons which for the year come in at about £1.24m and £79,000 for George Davies, who acted for the Professional Footballers' Association, on negotiation of player wage deferrals and agent fees.



Read more: http://www.accountancyage.com/aa/news/2251286/portsmouth-administrators-rack-up-gbp22m-in-fees#ixzz2MDIYWmB7 

.. read more

What makes a good temp?
Date: 03/17/2012

With the economic situation still having a massive bearing on the jobs front, temporary work could be a lifeline, but is it for everyone?

If you are considering temporary work, what can you do to make sure you’re the one Recruitment Consultants think of first when a new assignment comes in? Is temping really for you?

Sell yourself in a professional way to your recruitment agency.
When an agency are looking for a dependable temp, tell them why you are good. Are you flexible? Versatile? Quick at picking things up? Do you have the skills that are required? Easy to get along with? Are you available at short notice?

Sell yourself to the recruitment consultant as you would in a job interview: make a list of your previous jobs and highlight key accomplishments and skills you’ve gained.

Understand how recruitment agencies work.

Picture the scene; A company have a problem, it may be that they have an increased workload, a project that needs to be completed ASAP or a key employee has gone off sick. The want someone with relevant skills to help them. This is where you come in.

Think of yourself as a mercenary!
You have skills that are transferable; you have the experience that would benefit the Company. You have good communication skills. You have the skills that are needed, you are good at creating and developing relationships, you are available at short notice. You can help them!

Be flexible in every way you can!
Flexibility is the key to being a successful temp. It’s not just about being flexible in terms of when you start on a new assignment, either. If you want the work to keep coming your way, you need to be flexible in terms of the rate you’re paid for short term assignments; and the role you have.

How keen are you to get work?
What can you do if, on a Friday afternoon, you find yourself without an assignment or any work for the following Monday? Perhaps you are considering temping whilst looking for your ideal permanent role?
It seems clear that if you go the extra mile to get the work, by keeping in close contact with your consultant and contacting the agency on a regular basis, you’re more likely to be successful in ensuring the money keeps coming in. Remember, be persistence.

Will temping look bad on your CV?
We are often asked about this point. Some people do not want to temp as they believe it will detract from their stable work history. Our advice is to keep on working (if that is what you want/need) Gain more skills, gain more experience on different computer packages and more business sectors. If you have been temping for some time, group your experiences together and list your key skills and experience. Good employers will understand.

What happens next?
Many of the temporary people we work with at Ba Recruitment, we have known for some time. We have developed relationships with people we have found dependable and versatile. However, we are always looking for good people. It’s up to you to develop a relationship with your agency and whilst you are temping a good agency will always keep you in mind when a suitable permanent jobs comes in.

Happy job hunting!

.. read more

News From The BBC

BBC News - UK

The latest stories from the UK section of the BBC News web site.


Son hunted over house stab deaths
Sun, 24 May 2015 18:24:43 GMT

Police continue to hunt for a 21-year-old man after his mother, a man and a young girl were found stabbed to death in Oxfordshire.

Labour to back EU referendum bill
Sun, 24 May 2015 11:45:48 GMT

Acting leader Harriet Harman says Labour has dropped its opposition to an "in/out" vote on the UK's EU membership, and will now back the government's referendum bill.

Hull City 0-0 Manchester United
Sun, 24 May 2015 16:59:35 GMT

Hull City are relegated from the Premier League as they fail to beat Manchester United and Newcastle win their final game.

Major search for missing diver
Sun, 24 May 2015 20:52:00 GMT

A major search is being carried out in an area of the English Channel off Dorset after a diver failed to resurface.

Police hurt in rave missiles attack
Sun, 24 May 2015 16:06:25 GMT

Three police officers are hospitalised after coming under attack at an illegal rave in Lincolnshire.

Tax credits change 'key to EU talks'
Sun, 24 May 2015 12:43:27 GMT

Limiting the rights of EU migrants to claim tax credits is a key part of renegotiating the UK's relationship with the EU, Sajid Javid says.

Allardyce 'planned to leave Hammers'
Sun, 24 May 2015 19:22:44 GMT

West Ham boss Sam Allardyce says he planned to leave the Premier League side even if club had offered new contract.

'No return' to easier dismissal plan
Sun, 24 May 2015 11:30:27 GMT

Business Secretary Sajid Javid says he hopes to save firms more than 10bn by cutting red tape - but rejects a fresh move to make it easier to sack employees.

No UK troops to fight IS, say Tories
Sun, 24 May 2015 11:05:36 GMT

Business Secretary Sajid Javid rejects a call from a former head of the army to send UK ground troops to fight Islamic State.

Dunkirk tribute to rescue boat dead
Sun, 24 May 2015 15:59:19 GMT

A memorial plaque is unveiled at the site where a boat sank and hundreds died during the rescue of allied troops at Dunkirk in World War Two.

Caldwell murder to be reinvestigated
Sun, 24 May 2015 12:53:07 GMT

Police Scotland are told by the Crown Office to reinvestigate the unsolved murder of a woman killed in South Lanarkshire 10 years ago.

Two men drown on Malta holiday
Sun, 24 May 2015 11:50:53 GMT

Two British men, including one from Birmingham, have drowned on a holiday in Malta.

Gates open on day two of Big Weekend
Sun, 24 May 2015 12:27:56 GMT

The second day of Radio 1's Big Weekend in Norwich starts with showers but hasn't put off any of the 25,000 fans at Earlham Park.

Fifa thinks Eriskay's pitch perfect
Thu, 21 May 2015 11:41:56 GMT

A football pitch on the Western Isles is recognised by Fifa as one of eight unique places to play the game in the world.

Irish Church needs 'reality check'
Sun, 24 May 2015 14:57:28 GMT

One of Ireland's most senior Catholic clerics calls for the Church to take a "reality check" following the country's overwhelming vote in favour of same-sex marriage.

Woman speaks about NW 200 crash
Sun, 24 May 2015 17:18:30 GMT

Violet McAfee, who was hit by a motorbike while watching the North West 200, says she is confident of making a good recovery.

Labour party in its 'deepest crisis'
Sun, 24 May 2015 16:14:40 GMT

Former Labour minister Kim Howells says the party is in the "deepest crisis" he can remember and it needs fresh thinking if it is to come back from election defeat.

Jetbike's record attempt delayed
Sun, 24 May 2015 13:24:56 GMT

A jet-powered bike's attempts to break the British two-wheeled land speed record is delayed because of bad conditions.

Surgeon cut off leg with 'rusty saw'
Sun, 24 May 2015 12:33:09 GMT

A hospital surgeon allegedly used a "rusty hacksaw" to amputate a patient's leg after discovering a metal plate in the limb.

Fire breaks out in high-rise flats
Sun, 24 May 2015 18:13:13 GMT

Firefighters are tackling a blaze at a multi-storey block of flats in the Springburn area of Glasgow.

Anti jail-threat poster goes viral
Sun, 24 May 2015 15:18:56 GMT

A poster urging parents not to use the police to scare their children is seen more than 3.5m times since Friday.

Gallery staff set for holiday strike
Sun, 24 May 2015 15:51:55 GMT

National Gallery staff in central London are preparing to walk-out in a 10-day strike over privatisation plans.

Hamilton upset as Rosberg wins
Sun, 24 May 2015 14:04:09 GMT

Lewis Hamilton is denied victory in the Monaco Grand Prix because of a strategic error by his Mercedes team.

Stokes & Cook shine for England
Sun, 24 May 2015 18:10:54 GMT

Ben Stokes hits the fastest Test century at Lord's and Alastair Cook is 153 not out as England rally against New Zealand.

Man Utd decide not to sign Falcao
Sun, 24 May 2015 18:19:39 GMT

Manchester United decide not to keep striker Radamel Falcao following the end of his season-long loan from Monaco.

PM announces freeze in ministers' pay
Sun, 24 May 2015 07:52:43 GMT

Government ministers will face a further five years of frozen pay, Prime Minister David Cameron says.

Rushanara Ali goes for deputy leader
Sun, 24 May 2015 10:32:31 GMT

Labour MP Rushanara Ali tells the BBC she is entering the deputy leadership race, and will "start by going after UKIP voters who left Labour".

Rennie backs Carmichael over memo
Sun, 24 May 2015 16:25:51 GMT

Willie Rennie offers his backing to former Scottish Secretary Alistair Carmichael, who is facing calls to resign over a leaked memo.

VIDEO: Treasury Committee
Wed, 25 Mar 2015 12:45:58 GMT

The Treasury Committee hears from the Chancellor, George Osborne.

VIDEO: Leeds loco survives in Sierra Leone
Sun, 24 May 2015 07:40:57 GMT

A Leeds museum celebrates the 100th anniversary of a steam engine built in the Yorkshire city that founded a railway in Sierra Leone.

VIDEO: Apprenticeships 'fail young people'
Sun, 24 May 2015 08:22:29 GMT

Britain's apprenticeship system has failed young people and needs reform, according to a new report.

VIDEO: Sajid Javid: 'Cut business red tape'
Sun, 24 May 2015 09:22:48 GMT

Business Secretary Sajid Javid says he will not be going back to the Beecroft proposals for no fault dismissals but hopes to cut over 10bn more red tape costs.

VIDEO: Using the lens to tackle extremism
Sun, 24 May 2015 09:57:29 GMT

One of London's leading music photographers is now using his lens to tackle extremism.

VIDEO: Gary Barlow serenades newlyweds
Sat, 23 May 2015 14:43:59 GMT

Take That star Gary Barlow has made his final surprise appearance to sing at the wedding of a fan in Liverpool.

AUDIO: Switching off CCTV cameras to save cash
Sat, 23 May 2015 11:44:59 GMT

There are around six million of surveillance cameras in the UK, but many are run by cash-strapped councils that have switched some of them off to save money.

VIDEO: Is this the new face of the 20 note?
Sat, 23 May 2015 00:57:42 GMT

Julia Margaret Cameron was a pioneering British photographer, and should be the face of the 20 note, says Will Gompertz.

VIDEO: Millie gets pick of bespoke doghouses
Sat, 23 May 2015 09:40:04 GMT

Interior design students at a Leicester university create a series of doghouses as part of a 'Barkitechture' project.

What I learnt from 46 consecutive days in church
Sun, 24 May 2015 02:33:34 GMT

What I learnt from 46 consecutive days in church

Is Thomas Cook permanently tarnished?
Sun, 24 May 2015 02:34:58 GMT

Will calls to boycott Thomas Cook damage the company?

Is it 'game over' for box artwork?
Sat, 23 May 2015 23:26:00 GMT

is it "game over" for box art?

'It's about humans of Leeds, not me'
Sun, 24 May 2015 08:27:15 GMT

The mystery man getting a city to tell its secrets

Pilates put Murray in Paris picture
Sun, 24 May 2015 05:53:43 GMT

Andy Murray adopts new regime ahead of French Open

The great 'Mars bake-off' begins
Sun, 24 May 2015 02:43:32 GMT

The great 'Mars bake-off' begins