In contrary to the report of IT contract demand ‘dwindling’, Jenrick has noticed a sharp increase in demand from the Finance sector, with Q1 contract bookings from the finance sector being at their highest for over 18 months. Other areas of significant growth included; online marketing & transactional business, general media, IT security, and more surprisingly the defence sector.

Our clients have been motivated to engage IT contract expertise to re-boot projects that have been in ‘doldrums’. With all the signs that the UK is in the throes of recovery, clients find they have a need to regain their competitive edge and ’steal a march’ on other players in their sector. On of the key drivers of business development is innovation, and a key driver of innovation is IT. (more…)

Suppliers to a state IT contractor who would normally be cashing their invoices were out of pocket last night following its decision to double the time it takes to pay them.

Northgate Information Solutions, which boasts a strong portfolio of public sector IT contracts, said suppliers would have to wait 60 days, up from 30 days, to be paid. (more…)