India freaks out over U.S. plans to change high-skilled visas

[AtW]

I'd rather scrap free trade with India and keep more IT jobs with British workers who pay tax in this country.

Yes me too, but it isn't us who will be benefiting personally from having that trade deal done.

[LondonManc]

Yes me too, but it isn't us who will be benefiting personally from having that trade deal done.

How much of the money paid to contractors and consultancies in the banking industry leaves the country with absolute minimal or no tax at all paid on it? I'd wager far more now than if you scrapped the trade deal. Throw in the ancillary spend of more UK contractors spending in the UK and you're seeing the wealth spread within the UK. Multiply that up across other areas and industries within the UK and it would, imho, make a significant difference to our standards of living; far more than the trade deal with India would.

[sasguru]

I'd rather scrap free trade with India and keep more IT jobs with British workers who pay tax in this country.

So free trade with the EU is about to be scrapped, the US will scrap free trade with everyone else and we shouldn't trade with the fastest growing economy in the world.
Where are these IT jobs coming from, if not from the open economy you want to close?
I can't think of a single world class British software or services company, can you?

[sasguru]

. Throw in the ancillary spend of more UK contractors spending in the UK and you're seeing the wealth spread within the UK. Multiply that up across other areas and industries within the UK and it would, imho, make a significant difference to our standards of living; far more than the trade deal with India would.

That would be true if the UK economy was stronger than it is. It isn't.
British prosperity is based on the "kindness of strangers" as Mark Carney said, not least in buying the gilts (debt) that fund our standard of living.

[LondonManc]

So free trade with the EU is about to be scrapped, the US will scrap free trade with everyone else and we shouldn't trade with the fastest growing economy in the world.
Where are these IT jobs coming from, if not from the open economy you want to close?
I can't think of a single world class British software or services company, can you?

Sage, Northgate and Sophos straight off the top of my head. Probably more out there. Alterian, Invensys, MicroFocus. Too busy laughing at your ignorance to carry on. guru my ass!

[sasguru]

Sage, Northgate and Sophos straight off the top of my head. Probably more out there. Alterian, Invensys, MicroFocus. Too busy laughing at your ignorance to carry on. guru my ass!

Oh FFS, yet again another Brexiter sh!te with numbers.

Sage 1 billion turnover
Sophos 0.5 billion
Alterian 38 million

Google 75 billion
Amazon 107 billion
Microsoft 85 billion

Even the Germans have SAP, 26 billion

I said world class, not supporting a few 100 employees in the arse end of Bumshire.

[lilelvis2000]

Guess where will the body shopping companies send their 'export' to now,
as in US they will have to pay a min. salary of USD130K

PS: we are doomed

Canada.

[tomtomagain]

Even the Germans have SAP, 26 billion

Yeah but you could say that about most EU countries.

The Germans have SAP true, don't know another German one though. As for the French, Italians, Dutch and so on - they are just as bad as us.

You shouldn't look down on "small" ( in a global sense ) UK companies. They are still good, viable businesses. And there are plenty UK software companies in that small to medium sized bracket providing good jobs.

Aveva is one that springs to mind.

So the big "Internet Companies" are Amazon, Facebook, Google - name a single big European one ( including the UK ). It's not just a weakness of the UK, but a weakness of Europe as a whole.

[sasguru]

Yeah but you could say that about most EU countries.

The Germans have SAP true, don't know another German one though. As for the French, Italians, Dutch and so on - they are just as bad as us.

You shouldn't look down on "small" ( in a global sense ) UK companies. They are still good, viable businesses. And there are plenty UK software companies in that small to medium sized bracket providing good jobs.

Aveva is one that springs to mind.

So the big "Internet Companies" are Amazon, Facebook, Google - name a single big European one ( including the UK ). It's not just a weakness of the UK, but a weakness of Europe as a whole.

I agree with that, my point is that these British small companies can't provide all the IT jobs that we need, should the large multinationals move.
(and not just software multinationals, there's lots of IT jobs in banks and pharma, the (only?) 2 great British success stories)

As an aside I've worked for some small British start-ups that were truly world class, in technology, if not in size, but the British way is to cash in and flog the company to a large foreign co. asap. before it becomes big.
Not that I'm complaining, my shares in one of these when cashed, while it did not make me a millionaire then, allowed me to buy a modest house for cash years ago.

[m0n1k3r]

A cynical person might think this is the real reason why Silicon Valley hates Trump.

Indian startups will be happy. Right not they are finding it hard to recruit the people they need because most everybody would rather make a career in Wipro, Tata etc to get an opportunity to move abroad.