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Archive for the ‘Latest News’ Category

How will the interest rate rise affect UK’s Construction Industry

The Bank of England has announced it will raise the base rate by 0.25% Many experts saw the rate rise coming, something which was long overdue. Millions of homeowners, landlords and property developers have benefited from the record low rates over the past 10 years. Since the … Continue reading

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Brexit vote undermining UK construction sector

A giant building site that’s what many parts of London look like. Particularly in the financial district the City of London, but it’s unlikely to continue after the vote in favor of Brexit as the construction industry is shrinking. The architect Eric Paree warns it will take years to … Continue reading

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Liquidity Group Solutions Closed

Liquidity Group Solutions Limited appointed liquidators on the 4th of April and are presently in the process of closing down. Liquidity Group’s website claims they “are experienced specialists in contractor payroll solutions” and that they were formed having a “traditional accountancy background”. This is very bad news … Continue reading

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Arion Services might close down

Arion Services Limited is the latest payroll company struggling to stay afloat this year. A payments solution company for agencies and contractors specialising in CIS and PAYE based in Sheffield. Setup in 2014, they have 50 years combined experienced explains their website. We are coming across payroll … Continue reading

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Brexit – Good or Bad

The Brexit has been the talk of the nation for the most part of of 2016, but how does it affect the construction industry? A survey conducted in the beginning of 2016 by Smith & Williamson a financial group, revealed that only 15% of large construction executives … Continue reading

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Fairgate Construction Services closing?

Fairgate Construction Services Ltd was one of the largest payroll providers to the construction industry, they specialised in Umbrella and CIS payroll. “Fairgate have seized trading, give us a call on 01138267260 to see how we can help” Rumours of Fairgate closing sent shock waves throughout the construction and payroll industry. With … Continue reading

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Mortgage approvals on the rise, say High Street banks

After a steady start to the year, the number of mortgages approved is now “trending upwards”, reveal to the UK’s High Street banks. Figures released by the British Bankers Association (BBA) show that 38,751 house purchase mortgages were offered in March, up from 37,453 in February 2015. That is the … Continue reading

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Hudson Contract agreement stolen by Phoenix Payment Solutions

Hudson was in for a shock when a potential client pointed out that their contract seemed very similar to that of another CIS Payroll company called Phoenix Payments Solutions. There are already many CIS Payroll companies out there and new ones are cropping up every other week, … Continue reading

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What is an Umbrella Company

A simple explanation of the workings of an Umbrella Company In a typical employment situation the worker will get paid directly by the employer but sometimes this isn’t possible. It might be that the work is only for a short period or fixed period of time, the company might not … Continue reading

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Ontime Auto Enrolment is here!

Ontime is proud to announce our latest Nationwide Auto Enrolment service to businesses across the UK. In 2012 a new law was passed making it a legal requirement for all UK employers to automatically enrol all employees onto a workplace pension scheme. Since then Ontime has been studying … Continue reading

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