Contractor group "deeply disappointed" by BT contractor cuts

Published on May 15, 2009 |

The UK's leading contractor group has expressed its great disappointment at the news that BT is to shed up to 10,000 contractors in a cost-cutting exercise.

Following a series of poor financial results, BT has announced a further 15,000 job cuts, on top of the 15,000 cut so far - two thirds of the number being contact or agency workers.

Earlier today, Professional Contractors Group's MD, John Brazier, commented:

"This is termination on an enormous scale and I am concerned for those affected. As flexible workers, freelancers are often the first to go when firms announce cuts. Freelancers do take on the risk as well as the reward when going into business on their own, and in the current economic climate, more and more firms are shedding their contract staff."

Mr Brazier also made it clear that the cuts at BT underline the importance of tightening up controls on Intra-Company visas.

The Group says that its members have reported that BT could be one of the worst offenders for replacing IT contract staff with workers on Intra-Company visas.

"Such behaviour reduces opportunities for IT contractors in the UK, and in a recession opportunities should be created, not limited."

Contractor Services

Income Protection (PHI) and Contractor Mortgages - Specialist quotes
Free Umbrella Company - Save over £1400 p.a. on fees with Springboard
Contract Experts - ClearSky Accounting on 08000 325 326
Qdos - IR35 experts - Providers of low cost insurances
Parasol - the UK's favourite umbrella company
Free IR35 & Tax Review - Call ICS on 0800 195 3750
K & B Accountancy Group- Fixed fee accounting for contractors only £75pm
Cloud 9 Group - Umbrella Solutions only £19.95 per week
Umbrella4Contractors - Low fees, same day setup
Professional Indemnity Insurance - Contractor PI cover


Back to top
Search Contract Eye

 Our Partners
Parasol PAYE umbrella
Award winning service
Contractor Accountants
Full Service, Fixed Fee!
Free Umbrella Company
Save over £1400 p.a.
ClearSky Accounting
From £95 per month
Fixed Fee Accounting
Contractor Specialists
Umbrella4Contractors
Low fees, same day setup
Free IR35 / Tax Review
Call ICS - 0800 195 3750
Umbrella Co. Solutions
Only £19.95 per week
PRINCE2, MSP & M_o_R
Maven Training

 Contractor Insurance
Hiscox Office Insurance
Instant Online Quote
IR35 Insurance
Essential Protection
Income Protection
If you're unable to work



 Contractor Services
Compare Insurance Deals
PI & Business Liability
Contractor Ltd Company
Instant online formation
IT Contractor Pensions
The last great tax break
Private Medical Insurance
Tailored contractor cover
IT Contractor Mortgages
Based on hourly rates!
Protect Your Income
Get a PHI quote
IT Contractor Life Cover
Protect your dependants
Critical Illness Cover
Comprehensive cover



 IT Contractor Guides
Contractor Umbrella
Umbrella Co. Advice
Recession Tips
Contractor crunch tips
Security Clearance
Is it discriminatory?
Contractor Rates
Latest rate news
IR35 Factors
Are you caught by IR35?
Corporation Tax
IT Contractor Guide
Contractor Expenses
What can you claim?
Contractor Insurance
Guide to contractor cover
IT Contractor Banking
Business bank accounts
Contractor Life Cover
Contractor protection
IR35 Insurance
Tax investigation cover
Contractor PI Insurance
IT contractor cover
Umbrella Companies
Links to key providers
IR35 Compliance
Is your contract caught?
Critical Illness Cover
Guide for contractors
IT Contractor CV
Classic CV mistakes

Stay up to date with our RSS feed | Terms of Use | About Us | Directory | Site Map | MSC Legislation | Income Shifting

Copyright © 2006-9, Contract Eye Limited, All Rights Reserved.

UK Contractor Guides, Contractor Accountants, Umbrella Companies, IR35, Insurance, Contractor Mortgages
Design by Blue Egg Web Agency