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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


Brexit: NHS managers warn about impact of no deal
Mon, 20 Aug 2018 21:00:07 GMT

Leaving the EU without a deal would make it harder to stop the spread of diseases, NHS boss is told.

Eltham hammer attack: Victim named as city worker
Mon, 20 Aug 2018 14:21:06 GMT

A 27-year-old man has been arrested in connection with the "horrific" attack.

Manchester Arena bomb: Fire chief blames police for delay
Mon, 20 Aug 2018 17:46:34 GMT

The ex-chief fire officer says police did not pass on information about the Manchester Arena attack.

Three injured in shooting near Kingbsury Tube station
Mon, 20 Aug 2018 22:33:42 GMT

Police say the shooting near Kingsbury Tube station in Brent is "not terror-related".

Stormy Daniels: Celebrity Big Brother no-show 'never about money'
Mon, 20 Aug 2018 14:31:19 GMT

The adult film star gives her side to the row over her Celebrity Big Brother non-appearance.

Gatwick flight information screens fail
Mon, 20 Aug 2018 16:49:48 GMT

Airport staff had to write flight information on whiteboards after screens went blank.

Birmingham Prison: Government takes over from G4S
Mon, 20 Aug 2018 17:28:54 GMT

Violence, rat droppings and an overpowering smell of drugs are found at England's "worst prison".

Hilary Lister: Record-breaking quadriplegic sailor dies
Mon, 20 Aug 2018 13:32:26 GMT

Hilary Lister crossed the Channel using straws in her mouth to control a specially adapted boat.

House of Fraser warehouse jobs at risk, union says
Mon, 20 Aug 2018 17:59:28 GMT

The GMB union says 627 staff at two sites run by XPO Logistics are at risk of redundancy.

Danny Cipriani: Gloucester fine England fly-half 2,000 after nightclub incident
Mon, 20 Aug 2018 18:34:29 GMT

England fly-half Danny Cipriani is fined 2,000 by his club Gloucester over a nightclub incident in Jersey.

'Despicable' thieves steal from Salford food bank
Mon, 20 Aug 2018 17:34:35 GMT

Staff reportedly burst into tears after goods worth about 2,500 were stolen from the Salford food bank.

Baby born on coastguard helicopter 1,400ft above Cornwall
Mon, 20 Aug 2018 17:30:40 GMT

A coastguard helicopter became a makeshift maternity unit when Torran was born 1,400ft over Penzance.

'I was sent abuse for wanting a baby girl'
Mon, 20 Aug 2018 11:45:56 GMT

TV personality Danielle Lloyd wants to use gender selection to ensure she has a daughter.

Hove boy with cerebral palsy races for friend after surgery
Mon, 20 Aug 2018 16:16:23 GMT

Otto Barwell, who has cerebral palsy, went to the US for treatment and had to learn how to walk again.

HMP Birmingham: The jail in a 'state of crisis'
Mon, 20 Aug 2018 13:59:24 GMT

Problems escalated after a major riot at the jail in December 2016.

UK gun laws: How strict are they?
Mon, 20 Aug 2018 13:21:24 GMT

Hundreds of unlicensed handguns have been legally brought into the UK and sold to criminals due to a loophole in the law.

The memory bear made from a father's clothes
Sun, 19 Aug 2018 23:29:18 GMT

Memory items such as teddy bears are being made to help families grieve for loved ones

The woman who created 'Tinder for lonely mums'
Sun, 19 Aug 2018 23:20:57 GMT

As the first of her friends to become a mum, Michelle Kennedy didn't have a network of other mothers to share her experiences with.

'I feel scared in my collapse-risk flat'
Mon, 20 Aug 2018 08:32:43 GMT

Families living in a north London block of flats judged to be at risk of collapse say they are living in fear.

BBC News Channel
Mon, 09 Jul 2018 00:51:39 GMT

BBC coverage of latest developments

Son's goalkeeping debut for Sheffield team video goes viral
Mon, 20 Aug 2018 12:29:59 GMT

Allan Ogle's video was seen by current and ex-players including David Seaman and Nick Pope.

Norwich City paint Carrow Road away dressing room pink
Mon, 20 Aug 2018 11:56:47 GMT

After Norwich City paint their away dressing room pink, BBC Sport explores what effect it could have on their opponents.

'I broke every bone in my face - and survived'
Mon, 20 Aug 2018 00:14:10 GMT

Tom Locke is one of 1,600 people alive today thanks to a change in the way the NHS works, a study suggests.

Greg James's Radio 1 Breakfast: What we learned from the first show
Mon, 20 Aug 2018 11:16:10 GMT

Avicii, a wild guest and the other firsts from Greg James's new show on Radio 1.

Life on the inside at 'hell hole' Birmingham Prison
Mon, 20 Aug 2018 15:02:41 GMT

Staff, inmates and visitors have described poor conditions at the beleaguered HMP Birmingham.

The business-class toddler clocking up air miles
Sun, 19 Aug 2018 23:14:43 GMT

Darcy Davidson is not quite two but she's already clocked up more air miles than most adults.

Exhibition for the man who created the first map of Wales
Sun, 19 Aug 2018 23:47:13 GMT

An exhibition will be held to honour the man who created the first map of Wales in the 16th Century.

Fighting school holiday hunger in Birkenhead
Sun, 19 Aug 2018 23:54:45 GMT

How one town is filling the gap when free school meals are off the menu.

The comedian who really doesn't want to die on stage
Sun, 19 Aug 2018 00:04:43 GMT

Comedian Rebecca Shorrocks has a serious heart condition, which could put her at risk on stage.