• Last 7 Days
    • Last 1 Month
    • Last 2 Months
    • History

Contractors could benefit from new Intercity rail deal

Monday 6th August, 2012
Comments
Limited Company
The government has agreed a £4.5 billion deal with Hitachi to build and operate a new train factory in the UK.

Demand for limited company contractors with a range of skills could now rise as the deal is expected to create more than 900 jobs.

According to the government, 730 jobs will be created once the new factory is up and running, while 200 workers will be required during the construction stages.

Shinya Mitsudomi, Hitachi's chief strategy officer, commented: "We believe it is very important to contribute to job creation in the UK.

"We have learned so much about the railroad system from the UK, we felt it would be fitting to return to the birthplace of the railway to return the favour."

Using parts imported from Japan, the plant is expected to build almost 600 new carriages for use on the UK's railway network.

Meanwhile, prime minister David Cameron has claimed that the sale of Battersea Power Station in London could create up to 20,000 new jobs.

Posted by Ben Evans
 


Recent news

IT contractor demand still rising

16/05/2013 00:00:00
Comments
Posted by
The IT industry faces a worse skills shortage than any other UK industry, new research shows.

HMRC ‘coming after’ tax cheats

16/05/2013 00:00:00
Comments
Posted by
HMRC is investigating professionals believed to have hidden assets offshore to help wealthy clients evade tax.

Fewer contractors but more flexible hours

15/05/2013 00:00:00
Comments
Posted by
The number of contractors has fallen over the last quarter, official figures show, while they are working more flexible hours than employees.