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Offshoring

By Naked CIO

Published: Tuesday 27 May 2008


Name

Charles Smith


Location

London


Occupation

Consultant


Comment

Hear, hear!

These short-sighted banking executives fail to realise that importing IT skills - aka offshoring - reduces the knowledge capital of the UK.

Banking will follow the electronics industry and the motor industry in becoming an import-only service with banking provided by another country.

Who then will generate the funds for the operation of this country.

Lloyds TSB will never see my business in the future.



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