Feeds

Offshoring benefits UK job market

The Advanced Institute of Management speaks

  • alert
  • submit to reddit

New hybrid storage solutions

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

Website security in corporate America

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.