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» News

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

BBC News - UK


Theresa May launches race audit of public services
Sat, 27 Aug 2016 09:27:42 GMT

Theresa May orders a review to expose any inequalities in the way ethnic minorities and white working class people are treated by public services such as the NHS, schools and the criminal justice system.

Camber Sands deaths: Lifeguards to remain for summer season
Sat, 27 Aug 2016 10:56:24 GMT

Lifeguards are to remain for the rest of the summer at Camber Sands beach where five men drowned, the BBC learns.

Traffic tailback warning for bank holiday weekend
Sat, 27 Aug 2016 09:03:10 GMT

Motorists are being warned to expect tailbacks as millions of Britons set out on breaks or day trips over the bank holiday weekend.

UK could remain in 'looser' EU - Lord O'Donnell
Sat, 27 Aug 2016 09:44:05 GMT

A former head of the civil service says the UK could remain in a "more loosely aligned" EU - but he says the EU is unlikely to make such radical changes.

'British' boy in Islamic State group execution video
Sat, 27 Aug 2016 03:40:29 GMT

The Islamic State group in Syria releases a video featuring five boys, including one the militants identify as British, carrying out the killing of prisoners.

I Am Team GB: Sports clubs open doors for free
Sat, 27 Aug 2016 11:19:09 GMT

Sports clubs across the UK are welcoming visitors free of charge after Team GB's success at the Rio Olympic Games while ITV is switching off for an hour to encourage people to get active.

John Cleese 'in talks' over BBC sitcom return
Sat, 27 Aug 2016 11:23:01 GMT

British actor John Cleese is reported to be in talks to return to the BBC for a sitcom which has been written specifically for him.

James Anderson & Stuart Broad to miss remainder of domestic season
Sat, 27 Aug 2016 11:20:58 GMT

James Anderson and Stuart Broad will miss the rest of the domestic season as they recover from injuries before the winter Tests.

Barnardo's archive photos reveal first foster children
Sat, 27 Aug 2016 01:18:23 GMT

Previously unseen photographs of some of England's first foster children - and the stories of what happened next - are released by the charity Barnardo's to mark its 150th birthday.

Extradited Hong Kong rapist Joseph Tsang's jail term upheld
Sat, 27 Aug 2016 10:08:10 GMT

A convicted rapist, who was extradited to the UK from Hong Hong, fails to get his 15-year prison sentence reduced.

Large blue butterfly thriving after reintroduction
Sat, 27 Aug 2016 08:27:45 GMT

A rare butterfly once declared extinct in the UK is now being seen in record numbers after being re-introduced.

The band Chvrches give their take on festival etiquette
Fri, 26 Aug 2016 17:08:05 GMT

BBC News goes backstage at the Reading Festival to meet the band Chvrches.

Redhill bike 'relates to unconnected individual'
Fri, 26 Aug 2016 15:16:23 GMT

Police have made another appeal for information after the reported abduction of a child in Redhill, Surrey.

How much exercise is safe during pregnancy?
Fri, 26 Aug 2016 14:21:48 GMT

There are conflicting views on whether it's safe to exercise during pregnancy - we hear from a former Olympian and mums.

BHS: Inside a 'ghost store' in Edinburgh
Thu, 25 Aug 2016 23:06:45 GMT

BBC News takes a look around a former BHS flagship store on Edinburgh's Princes Street, empty now that the chain has ceased trading.

I wouldn't 'rush' to invoke Article 50 - Lord O'Donnell
Sat, 27 Aug 2016 08:06:04 GMT

Former head of the civil service says leaving the EU will take a long time.

Just Like That: How to do the perfect Tommy Cooper impression
Sat, 27 Aug 2016 07:46:18 GMT

Tommy Cooper actor says "everyone at some point" has tried a Cooper impression.

Molly-Mae Wotherspoon: Clashes outside court ahead of sentencing
Fri, 26 Aug 2016 09:39:19 GMT

There are clashes outside Northampton Crown Court ahead of the sentencing of a mother and grandmother over the death of a baby.

BBC News Channel
Wed, 16 Mar 2016 12:34:37 GMT

Britain's most-watched news channel, delivering breaking news and analysis all day, every day.

Doll's house taken to Antiques Roadshow in Tewkesbury worth 150,000
Sat, 27 Aug 2016 08:54:01 GMT

An early 18th Century doll's house, described as "of national importance", is valued by the BBC Antiques Roadshow at more than 150,000.

Star Wars Millennium Falcon shed to be repaired following vandalism
Sat, 27 Aug 2016 11:07:50 GMT

A shed styled like the Millennium Falcon cockpit from the blockbuster movie Star Wars is set to be repaired after it was smashed by vandals.

Newspaper headlines: Brexit plans, insurance row and harassment 'secrecy'
Sat, 27 Aug 2016 04:58:50 GMT

Saturday's front pages are a mixed bag, including criticism of insurance premiums and sexual harassment settlements and fresh suggestions on Brexit arrangements.

A tropical paradise... in Rhyl
Sat, 27 Aug 2016 03:10:11 GMT

Memories of Rhyl's Sun Centre, which is set to be demolished at the end of the summer.

Brexit to-do list
Fri, 26 Aug 2016 10:54:02 GMT

Battling ministers, the search for staff and working out what kind of deal to go for - how the Whitehall machine is gearing up for Brexit.

Roman massacre
Fri, 26 Aug 2016 14:30:51 GMT

BBC Scotland's Willie Johnston reports from a flat-topped hill in Dumfriesshire which could have a more bloody past than previously suspected.

7 days quiz
Thu, 25 Aug 2016 23:17:36 GMT

The Magazine's weekly quiz of the news, 7 days 7 questions.

Epic telly
Fri, 26 Aug 2016 01:26:16 GMT

It is 20 years since Our Friends in the North first aired, but the programme's journey to the TV screen was as tangled as the lives of the four friends it tracked across the decades.

Tiny tribute
Thu, 25 Aug 2016 16:40:42 GMT

A tiny marsupial lion, extinct for at least 18 million years, is named after Sir David Attenborough after fossilised remains are found in remote Australia.

Life after BHS
Thu, 25 Aug 2016 23:09:50 GMT

As the last BHS stores close this weekend, bringing to an end nearly 90 years of retail history, Emma Simpson looks at what the closures will mean for our High Streets.

Career changing
Fri, 26 Aug 2016 05:14:00 GMT

Hull's Jake Livermore says his positive test for cocaine in 2015 was a "get out of jail free card" that turned his life around.

Skipper and boss
Thu, 25 Aug 2016 08:40:43 GMT

Chris Hill will lead Warrington Wolves in a Challenge Cup final, but spends his spare time fixing bathrooms and kitchens.