If you're thinking of contracting in 2009...

[NickFitz]

So who the flip is this guy, and why should I believe an IT analyst making a bold prediction?

Some bloke who used to program in COBOL and now coins it as a NED, apparently.

You'd think he could afford a decent web designer, wouldn't you?

[Ardesco]

A whole 2% drop in budgets???? MY GOD I'LL BE RUINED!!!!!

Just think on a rate of £300 a day you'll have your rate slashed to £294 a day or if you are on a rate of £500 a day you will have to try and survive on £490 a day....

It's the end of the world as we know it.....

[churkus]

this "credit crunch" and "recession" etc malarky seems to me to be largely a making of the media, thing is, why?

[Peter Loew]

And yet you have publications like City AM and Computer Weekly etc making statements that say IT contractors will be in a better position thanks to the CC because companies will look to short term (cheap-ish) staff to deliver their projects rather than expensive heavyweight permies.

It's all scaremongering BS. Just keep doin what you're doin.

[beaker]

I sorted out a new contract today at a higher rate, starting right after I finish this one! 3 more months of this malarky then I'll be on a beach in Oz