Re: Contractors rejoice
This is only an announcement of intent.
If it's like the rest of their intents and diabolical execution, they wont DELIVER it. Don't forget contractor are reliant on the contract being offered by the company. They will be very reluctant to pay "high contractor rates" whilst all their costs are running out of control. The work will continued be off-shored, as they are no additional financial risks by doing so.
I will wait to see what Acts of Parliament are actually passed into law first. As this non-budget has not received the scrutiny (OBR et-al) that is required for "a Finance Act".