In its quarterly Inflation Report , the Bank of England has warned that the UK economy still has some way to go before it recovers from the effects of the financial crisis, with any recovery in 2010 likely to be "fragile". The report also warns that as activity in the UK economy continues to fall, it will become more difficult for firms to maintain employment.

As budgets continue to be cut during the economic downturn and with the pace of recovery likely to be slow and protracted, outsourcing could become an increasingly attractive employment option for many companies.

Outsourcing allows you to substantially lower your overheads by bringing in specialist staff to work on specific projects, or elements of projects, only as and when you need their expertise.

You can find out more about the benefits of outsourcing here