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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


British Airways: Chaos continues at Heathrow
Sun, 28 May 2017 11:29:53 GMT

More than a third of departures are cancelled, as disruption caused by an IT crash enters a second day.

Manchester attack: CCTV shows bomber before arena blast
Sun, 28 May 2017 08:56:07 GMT

Images released by police show Salman Abedi wearing a backpack last Monday.

Diane Abbott: My views on IRA, like my hair, have changed
Sun, 28 May 2017 10:22:30 GMT

Labour's Diane Abbott says she no longer has the same views on the IRA as she held in the 1980s.

General election 2017: Theresa May and Jeremy Corbyn face-off over security
Sun, 28 May 2017 10:28:42 GMT

Theresa May vows to "take on extremists", as Jeremy Corbyn promises thousands more police and security staff.

Manchester Attack: Family's tribute to 'just lovely' Nell
Sun, 28 May 2017 07:10:54 GMT

Nell Jones' family says she was their "world" and "always put everyone else before herself".

Curious cat finds fox cub 'lodging' under Welney sofa
Sun, 28 May 2017 09:56:36 GMT

It is thought the cub had been in the house for several days before being found by the curious cat.

Boy dies taking MDMA at Ilfracombe youth disco
Sun, 28 May 2017 10:07:52 GMT

Police suspect he may have taken the recreational drug MDMA

Manchester attack: Islamic community organises 'peace walk'
Sun, 28 May 2017 11:25:26 GMT

Hundreds are expected to march through Manchester in solidarity with the families of the terror attack's victims.

Mansfield Town physio Matt Salmon dies days after retiring
Sun, 28 May 2017 10:51:51 GMT

Mansfield Town's Matt Salmon, 25, retired on Wednesday due to a terminal cancer diagnosis.

Boy, 16, attacked with knife in Manchester 'hate crime'
Sun, 28 May 2017 10:40:38 GMT

The 16-year-old managed to escape the "shocking unprovoked attack" without serious injuries.

Portadown murder victims were Michael and Marjorie Cawdery
Sat, 27 May 2017 10:38:06 GMT

A 40-year-old man arrested after the County Armagh murders is still being questioned by police.

Kell Brook loses IBF world welterweight title to Errol Spence Jr
Sun, 28 May 2017 07:12:16 GMT

American Errol Spence Jr produces a stunning display to defeat Kell Brook and take the IBF world welterweight title from the Briton.

Diane Abbott on her past and present views of the IRA
Sun, 28 May 2017 08:55:50 GMT

Diane Abbott says a quote about her and the IRA is 34 years old and "we have all moved on" since then.

Group left stranded in Dublin after BA IT failure
Sun, 28 May 2017 03:22:17 GMT

Mark Birt has been left waiting at Dublin airport and says there is no-one there from British Airways to help.

BA delays: 'Absolute chaos' at Heathrow
Sat, 27 May 2017 13:30:29 GMT

Passenger Tim Reid describes the scenes at the airport.

'Inspirational' marathon runners reunited in Manchester
Sun, 28 May 2017 08:21:20 GMT

Two amateur runners who provided the defining image of this year's London Marathon meet for the first time to take part in the Great Manchester Run.

Manchester attack: Balloon tribute for Georgina Callander
Sat, 27 May 2017 16:26:57 GMT

The family of Georgina Callander release balloons in her memory.

Manchester attack: Paramedic opens up about 'harrowing night'
Fri, 26 May 2017 22:27:45 GMT

One of the first emergency workers to arrive at the bombing shares his experience with BBC News.

Manchester attack: PM says terror threat level reduced from critical
Sat, 27 May 2017 11:13:54 GMT

The Prime Minister Theresa May says the threat level has been reduced from critical to severe.

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

BBC coverage of latest developments

More milk, less sugar for new Milkybar recipe
Sat, 27 May 2017 13:02:46 GMT

For the first time, milk will be the chocolate bar's main ingredient.

Football washed up in Norway returned to Aberdeen
Sat, 27 May 2017 14:38:20 GMT

The football, belonging to Banks o' Dee U-19s, had gone over a fence into the River Dee.

Newspaper headlines: Bomber on CCTV and Tory election 'nerves'
Sun, 28 May 2017 04:04:52 GMT

Images showing Salman Abedi before he carried out the Manchester suicide attack appear on the front pages, while there are reports of narrowing election polls.

United in music
Sun, 28 May 2017 02:07:58 GMT

The Courteeners play an emotional gig for 50,000 people, five days after the bomb attack.

Law changer
Sat, 27 May 2017 23:30:32 GMT

It started as a free festival but Castlemorton Common became the UK's biggest ever illegal rave.

Two leaders
Sat, 27 May 2017 23:04:56 GMT

Looking at Caroline Lucas and Jonathan Bartley, the people at the head of the Green Party.

'I can't pay the rent'
Sat, 27 May 2017 23:07:29 GMT

With half a million tenants now having to borrow to pay the rent, what are the parties promising?

Smoking
Sat, 27 May 2017 23:44:28 GMT

The images once hung on the walls of England's last tobacco factory in Nottingham.

Too soon?
Sat, 27 May 2017 16:36:05 GMT

As election campaigning resumes after a three-day pause, is Manchester ready to move on and talk politics?

Art du Nord
Fri, 26 May 2017 23:47:01 GMT

Her memory was all but expunged by her widower's second wife, but Josephine Bowes' museum legacy lives on.

The British Invasion
Fri, 26 May 2017 21:47:31 GMT

The little-known tale of when the British inspired sports entrepreneurs to launch a football league in America.

The shows go on
Fri, 26 May 2017 10:43:21 GMT

Has an event near you been affected?

Hopkins and headlines
Fri, 26 May 2017 12:14:32 GMT

As Katie Hopkins leaves LBC, here are some examples of how she has caused controversy.