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On behalf of the FCSA and its members, I am disappointed by the Chancellor’s statement today. Without an Autumn Budget, the Government has taken away the opportunity to introduce wider fiscal stimulus at a time when our economy desperately needs a package of economic support as well as support for job retention.
The contingent workforce is an ever-growing influence and contributor to our economy and yet again it seems that this population, and the businesses that support and employ them, have been handed greater financial burdens not less. Any job retention support package is to be welcomed but it does seem to have left out thousands of contractors and their support business’s once again.
Whilst I understand that the Government must begin to reduce their own financial exposure, in turn, it must understand that outsourced labour businesses, many of whom operated the furlough scheme at a loss, simply cannot take on more cost.