Business

Figures from the latest monthly Monster Employment Index UK reveal that IT and engineering remain the leading annual growth sectors for listed contracts and positions.

As the Government launches a new initiative to tackle late payment to SMEs (small and medium-sized enterprises), figures from debt-recovery law firm Lovetts have revealed that during 2011, in the face of economic uncertainty, many have radically changed their attitude to debt and took action to tackle late payers.

New year, new resolution

According to Fabio Rosati, CEO of online employment platform Elance, the UK is now at the forefront of the online worker trend in Europe.

In these difficult economic times, some businesses are attempting to stave off cash-flow crises by paying invoices later than before. According to debt-recovery solictors Lovetts, businesses are putting cash flow before customer relations to keep afloat.

For most freelancers, the knack of being able to sleep at night is down to establishing a relatively stable client base.

According to a piece on the Huffington Post website, a double-dip recession might throw more work freelancers’ way.

John Niland, who works with freelancers to grow their business, comments on the contract renewal process, a major concern for many freelancers.