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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


Boots apologises for morning-after pill response
Sat, 22 Jul 2017 11:10:06 GMT

The company says it is looking for cheaper morning-after pill options - after initially saying it didn't want to "incentivise inappropriate use".

First class could be cut on busy trains, says Grayling
Sat, 22 Jul 2017 10:49:15 GMT

The transport secretary is "absolutely" committed to scrapping first class seats on commuter routes.

John Hesp from Bridlington wins 2m in world poker contest
Sat, 22 Jul 2017 12:01:59 GMT

The semi-retired businessman usually plays in 10 entry tournaments in his home casino in Hull.

Corrie Mckeague: Mother considers landfill injunction
Sat, 22 Jul 2017 14:04:50 GMT

Nicola Urquhart says she wants to stop police filling a landfill where she thinks her son's body is.

Prince George photo marks fourth birthday
Fri, 21 Jul 2017 21:00:06 GMT

The picture was taken at Kensington Palace at the end of June, ahead of his birthday on Saturday.

Britain?s Got Talent champion dog Pudsey dies
Fri, 21 Jul 2017 23:00:09 GMT

He was the first dog to win the show, alongside owner Ashleigh Butler, in 2012.

UK to bring in drone registration
Fri, 21 Jul 2017 23:07:41 GMT

Drone owners will also be required to pass a safety awareness test.

Children in temporary housing up a third since 2014
Sat, 22 Jul 2017 13:40:42 GMT

Councils say child homelessness has reached unsustainable levels with the numbers rising sharply.

'Wedding reception pair' die in car crash
Sat, 22 Jul 2017 12:53:35 GMT

The man and woman in their 20s died at the scene of the crash on Rue du Catioroc in Guernsey.

Two face rape and slavery charges in Southampton
Sat, 22 Jul 2017 11:08:41 GMT

The charges come after a woman was "repeatedly raped" at a house in Southampton.

Mike Grimshaw death: Teenager released on bail
Sat, 22 Jul 2017 12:11:02 GMT

Mike Grimshaw, 34, died after being stabbed in the neck on Thursday in Sale, Greater Manchester.

Holiday flight departs after 38-hour delay
Sat, 22 Jul 2017 11:52:10 GMT

A flight from Aberdeen to Portugal has finally taken off after being delayed since early on Thursday morning.

Can Sir Mo Farah's sack race record be broken?
Sat, 22 Jul 2017 12:45:57 GMT

Hold onto your sack - Stephen Wildish is going to try to break the world record.

Young children groomed on live streaming app Periscope
Fri, 21 Jul 2017 16:00:39 GMT

Some were live streaming from their classrooms, a BBC investigation finds.

From Pop Idol to Love Island: Is reality TV still relevant?
Sat, 22 Jul 2017 02:19:51 GMT

The format has been around for more than 20 years.

Ever played UV football?
Sat, 22 Jul 2017 10:52:38 GMT

It's indoor football, but not as you know it.

Corrie Mckeague: Anguish as search for airman's body ends
Fri, 21 Jul 2017 16:24:18 GMT

Corrie Mckeague's mother, Nicola Urquhart, said she had felt police would find him.

The Secret Garden Party closes its doors after 15 years
Sat, 22 Jul 2017 08:45:56 GMT

The Secret Garden Party, held in Abbots Ripton close to Huntingdon, will finish after 15 years.

Norfolk Broads python discovery mystery
Sat, 22 Jul 2017 08:49:33 GMT

A 12ft-long python found on the Norfolk Broads has still not been found.

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

BBC coverage of latest developments

Pyjamas worn by Elvis sell for 8,000 at Wiltshire auction
Sat, 22 Jul 2017 13:31:28 GMT

The Lord Shannon nightwear was worn by Elvis during a stay at the Baptist Memorial Hospital, Memphis.

Leeds army surplus store home to early British robot
Sat, 22 Jul 2017 13:41:33 GMT

Tinker the Robot was built in the 1960s and could carry out household tasks.

Newspaper headlines: Some first class trains to end and Boots boycott call
Sat, 22 Jul 2017 04:14:54 GMT

The end of some two-tier rail travel, and a Boots boycott call make newspaper headlines.

Aw' right?
Sat, 22 Jul 2017 12:23:11 GMT

Dick Van Dyke said sorry for his "atrocious" British accent in Mary Poppins, but has there been worse?

Prince George
Sat, 22 Jul 2017 10:19:50 GMT

From newborn baby to his first day at nursery, the pictures that show how Prince George has grown up.

Princess Power
Fri, 21 Jul 2017 23:20:37 GMT

England's women's footballers are calling for girls to recognise the strong traits in the characters.

Spirit of 1973
Fri, 21 Jul 2017 23:15:18 GMT

When England's women won the first Cricket World Cup in 1973 they did it solely for the love of the game.

The wettest summer
Fri, 21 Jul 2017 23:50:51 GMT

Victims of the 2007 summer floods share their memories a decade on.

'It changed me'
Sat, 22 Jul 2017 02:49:24 GMT

Dominic Hurley is regularly mistaken for being drunk, but his slurred speech and poor balance is the result of a brain injury following a moped crash in Ayia Napa.

Call me Passchendaele
Fri, 21 Jul 2017 09:24:37 GMT

How "battle name babies" and their descendants were called after battles such as "Passchendaele".

The search for Corrie
Fri, 21 Jul 2017 14:48:33 GMT

The story of the young airman who vanished on a night out baffled the nation - what happened to Corrie Mckeague?