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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


Dozens injured in Merseyside explosion
Sun, 26 Mar 2017 03:21:47 GMT

Two people are seriously injured and 32 others are taken to hospital following a suspected gas explosion on Merseyside.

London attacker Khalid Masood acted alone, say police
Sun, 26 Mar 2017 00:23:26 GMT

There is no information or intelligence to suggest further attacks are planned, police say.

Cheryl and Liam announce birth of baby boy
Sat, 25 Mar 2017 21:43:44 GMT

Former X Factor judge Cheryl says her baby boy is "looking like a dream" and "stealing hearts".

Douglas Carswell quitting UKIP to become independent MP for Clacton
Sat, 25 Mar 2017 18:49:22 GMT

The party's only MP says he is quitting to become an independent and says he is doing so "amicably".

Anti-IS fighter family probed by police
Sun, 26 Mar 2017 00:06:59 GMT

A woman from Blackburn who went to Syria to fight against IS claims her family could face prosecution.

Boy, 17, dies after amateur boxing match in Derbyshire
Sat, 25 Mar 2017 17:33:25 GMT

The boy collapsed in the ring at a boxing tournament and died when he arrived at hospital.

Fraud concerns prompt JustGiving to verify victim crowd-funding
Sat, 25 Mar 2017 13:29:34 GMT

Concerns prompt JustGiving to review all pages raising money for victims of the London attack.

Sheerness crash man missing after running from police into sea
Sat, 25 Mar 2017 17:03:18 GMT

The man fled from police after being involved in a crash in a stolen car and is still being sought.

Two teenagers' bodies found at bottom of Saltburn cliff
Sat, 25 Mar 2017 14:59:36 GMT

The 17-year-olds were found by police at Huntcliff in Saltburn on Friday evening.

Pret A Manger to pay work experience teens after online criticism
Sat, 25 Mar 2017 12:51:17 GMT

The company was reportedly planning to pay the teenagers in sandwiches.

Boxing Junior Championships cancelled due to 'threat to life'
Sat, 25 Mar 2017 15:22:51 GMT

England Boxing says the "dreams of young boxers" are ruined as they cancel the Junior Championships.

Thousands take to streets in anti-Brexit London march
Sat, 25 Mar 2017 18:03:22 GMT

The anti-Brexit march coincides with the 60th anniversary of the European Union's founding agreement.

UKIP's Douglas Carswell: Why I won't trigger a by-election
Sat, 25 Mar 2017 13:44:04 GMT

UKIP's Douglas Carswell is quitting the party to become an independent MP and says he will not trigger a by-election.

London attack: Khalid Masood had history of violence
Fri, 24 Mar 2017 18:42:23 GMT

Khalid Masood, 52, was born in Kent and named Adrian Elms at birth. He'd served time in three prisons.

Red Nose Day 2017: Carpool Karaoke with Take That
Sat, 25 Mar 2017 12:03:41 GMT

James Corden?s Red Nose Day Carpool karaoke, Ed Sheeran and the Love Actually cast help Comic Relief raise more than 71m so far.

Changing to BST: Will the clock change affect your kids?
Sat, 25 Mar 2017 11:09:25 GMT

Research is under way to determine how clock changes affect children's sleep patterns.

Is there too much violence against women on TV?
Sun, 26 Mar 2017 00:08:15 GMT

Television stars on claims that there is too much violence against women in dramas.

Wanted criminal Terrence Earle caught in Amsterdam
Sat, 25 Mar 2017 07:16:54 GMT

One of Wales' most wanted criminals was caught in Amsterdam after he walked in front of BBC TV cameras, it is revealed.

Harlow: London satellite new town turns 70
Sat, 25 Mar 2017 09:27:21 GMT

Harlow was built after World War Two to ease overcrowding in London.

BBC News Channel
Fri, 17 Feb 2017 09:41:12 GMT

BBC coverage of latest developments

Newspaper headlines: EU migrants' benefits and 'brave' MP Ellwood speaks
Sun, 26 Mar 2017 01:31:42 GMT

Sunday's newspapers focus on stories from UKIP's "civil war" to the Westminster attacker.

Dream Works
Sun, 26 Mar 2017 02:03:12 GMT

Artists suggest what they would put in the proposed new national gallery of modern Welsh art

Mud sweat cheers
Sun, 26 Mar 2017 01:18:46 GMT

How did "mud running" become the fastest growing mass participation sport in the UK?

10 things...
Sat, 25 Mar 2017 00:27:31 GMT

Bear Grylls is afraid of cocktail parties, and more news nuggets.

Different lines
Sat, 25 Mar 2017 00:19:07 GMT

The actress plays suffragette Nina, the wife of explorer Percy Fawcett, in The Lost City of Z.

Disability and sex
Sat, 25 Mar 2017 08:35:15 GMT

"Disability and sexy don't go together" - Mik Scarlet on how he explored his sexuality in the 1970s.

People think I'm drunk
Sat, 25 Mar 2017 08:41:13 GMT

Going to the pub on a date can get complicated when you have dyspraxia, explains Ruby MacKellar.

Let them eat cake!
Fri, 24 Mar 2017 04:17:02 GMT

How one man revamped the menus and made food appetising again at Kingston Hospital.

Morse's Oxford
Thu, 23 Mar 2017 00:23:38 GMT

The death of Morse writer Colin Dexter is the final chapter in a lifelong love affair with the university city.

Why is mum depressed?
Thu, 23 Mar 2017 03:26:31 GMT

A son reveals the reality of growing up with a depressed mum who is frequently hospitalised.

Flowers' power
Thu, 23 Mar 2017 10:35:42 GMT

Sir Paul McCartney talks collaborations, Chuck Berry, his new album and his own musical legacy.

In pictures
Thu, 23 Mar 2017 01:57:23 GMT

From World War One to present day: anti-war images from across the UK at London's Imperial War Museum.

Outsmart the insects
Thu, 23 Mar 2017 01:46:29 GMT

Researchers at Strathclyde university are working to combat a deadly tropical disease - using mathematics.

Bear trap
Wed, 22 Mar 2017 00:01:37 GMT

Everyone has to tackle their fears. Adventurer Bear Grylls explains how he tackles his own self-doubt.

Not clocking off
Wed, 22 Mar 2017 00:06:12 GMT

The proportion of women working beyond 70 doubles in four years, narrowing the gap with older men.

Tackling the touts
Tue, 21 Mar 2017 17:40:43 GMT

Claire Turnham tried to buy Ed Sheeran tickets - and ended up leading a campaign against Viagogo.