Offshoring news

Contract rate reductions 'could lead to IT brain drain'
The UK's IT sector could see a number of its employees relocate elsewhere due to things like contract rate reductions, a new survey suggests.
Offshore contractors 'must not be complacent over safety'
UK contractors working in offshore industries should ensure they do not become complacent when it comes to maintaining safety standards, it has been suggested.
HMRC campaign 'could target UK sheltered funds'
HM Revenue & Customs' (HMRC) campaign to "flush out" unpaid tax on funds held in offshore bank accounts could extend its penalties to untaxed income held in the UK, a chartered accountan...