Hold on this sounds like its not an agency "cut", but a consultancy - can the original poster confirm? If so, this is normal as consultancy rates are typically £1000 - 1500 per day, and the contractor might get 500 - 600 say. The consultancy usually has to pay sales people to dig out the leads and covnert them to work, and are backed up by a team of certified professionals and project managers.
You may be able to get a bit more, but 45% isnt unreasonable
You may be able to get a bit more, but 45% isnt unreasonable
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