Renewed optimism in UK for 2012

By: Oncore Services  05-Apr-2012

The back-end of 2011 was a tough time for contract roles in the UK, with most agencies reporting a continued decline in placements. 

However the new year brings a new quarter and from Oncore’s perspective, we have seen consultants picking up contracts with relative ease compared to last year, especially in the IT and Finance markets.

There's added optimism for a promising start to the year for the UK job market with the transport secretary approving plans for the High Speed Two (HS2) rail network. The project is expected to create a massive 60,000 new jobs.

The London Olympics and Queen's Jubilee this year is also something to look forward to offering a strong boost to tourism and the general buzz of London, and something well worth being a part of.

Other news and updates from Oncore Services


Proposed changes to LAFHA legislation

The consultation paper outlines the existing treatment of the living away from home benefits and implementation issues of the reform, including whether there is a need for special transitional arrangements to ensure there are no unintended consequences with the new arrangements.


Economic forecast for 2012 favours contractors

Despite the current international uncertainty, and changing conditions at home, employment expectations in Australia on the whole remain positive, particularly in the resources, transport and construction and engineering sectors.


Looking back on 2011

There are still plenty of uncertainties looking ahead but despite these challenges, we have forecast positive growth for OnCore this year, as we strengthen our core services and build on a strong foundation in Australia, with the view to taking our services into other parts of the world.


Continued demand for IT contractors

Candle ICT executive general manager Linda Trevor said the contracting market had increased by 8 per cent in the last quarter and predicted it would steadily climb during the next six months. Recruiters and technology chiefs are predicting conservative hiring for at least the next six months as nervousness over softer retail sales and the global economy kicks in.