Glaxo SmithKline (GSK) is the latest major player to have hatched plans to slash IT contractor rates (by up to 25% according to one of our sources).

The Home Office has released its plans to extend the 'Working Holiday' scheme to encourage more overseas workers to help ease the UK's 'skills shortage'.

This survey follows on from similar polls run on the web this year, and concerns about the general state of the IT contracting market.

A new survey suggests that ‘cyber-addiction’ has reached new heights with workers spending 8.3 hours on average per week on non-work-related sites.

A clash of cultures between IT recruitment companies and clients’ centralised purchasing departments is jeopardising the development of sensible and productive business relationships, according to Ann Swain, Chief Executive of the Association of Technology Staffing Companies (ATSCo).

Inland Revenue attempts to reclassify casual and irregular workers as employees will mean big increases in national insurance contribution (NIC) payments for thousands of UK businesses and 'money for nothing' for the Government, warns the Association of Chartered Certified Accountants

Following the recent embarassment caused by the failure of its online self assessment service, the Revenue has been forced to apologise for running out of stocks for its 'Starting up in business' guide.

Following on from reports posted on the Contractor UK Bulletin Board on Wednesday, it has now been confirmed that all IT skills currently listed as 'shortage occupations' on the Work Permits (UK) website are to be removed.

MSB produced a shocking set of figures today showing a fall in turnover for the first six months of the year from £83.6m to only £47.6m.

Hewlett-Packard is putting its weight behind personal computers that run the Linux operating system, the personal computer and computer printer maker said today.