Feeds

Offshoring benefits UK job market

The Advanced Institute of Management speaks

  • alert
  • submit to reddit

High performance access to file storage

The UK has benefitted from the offshoring trend, a new report claims. It found that despite the regular reports of jobs going overseas, even more jobs have been created in the country as other nations offshore work here.

The report, published by the Advance Institute of Management, reveals that Britain has been more successful at exporting services than many other developed nations, and that computer services, along with recruitment, architecture and advertising, is a particularly strong sector. This, it claims, means that the idea that jobs are disappearing to India is misleading, explaining the UK has a trade surplus in business services of £17bn, while India has no surplus at all. The figures also show that the UK's surplus is larger than that of the US, while Germany and Japan show deficits in the services market.

Rachel Griffith, one of the authors told The Financial Times that although some UK jobs are going overseas, this is only half the picture: "Foreign firms also purchase business services from the UK and the net effect has been positive", she said.

Others in industry warn that while things are going well now, this is no time to rest on our laurels. BT's CEO, Ben VerWaayen, writing in today's FT, says that focusing on call centres trivialises the debate about outsourcing. He argues that in a global economy, Britain will need to be more competitive if it is to maintain its current position: "When I was last in India, a very senior Indian politician made a sobering comment. 'In your country,' he said, 'if someone is lazy, he is still rich. In India, if someone is lazy he is dead'."

He has called on the higher education sector, which he describes as "depressingly introverted and nationalistic" to make its institutions more international and more flexible so that graduates can follow the work. He also called on the government to pay attention to the kind of graduates the system produces, rather than the bare quantity. ®

Related stories

500 call centre jobs bound for UK
IT skills shortage threatens humanity
Reg Marathon Man in India t-shirt triumph

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.