Superb news for UK IT contractors!

[AtW]

the deal boils down to, we get 1 billion worth of business. They get 3000 extra IT people coming here, or perhaps 3000 UK people lose jobs, they would have got.

1 billion worth of sales isn't 1 billion worth of profit taxable at income tax rates.

At £100k per IT job that's easily £150 mln tax, vs potentially feck all from this trade.

[_V_]

[mattster]

This extra 3000 is nothing - it sounds like the equivalent of the Australian working holiday scheme, albeit no one from this country is going to want to go and work in India for 2 years, and I rather doubt the Indians that come over here will be working behind a bar in Earls Court.
The much bigger problem is the new points based immigration route and employer sponsorship schemes that will see hundreds of thousands coming over from the sub-continent.

[OwlHoot]

UK government are going to make it a LOT easier for IT workers to head to India and work if they want to. ...

Who can blame India for encouraging some immigration by skilled specialist workers to fill those jobs Indians don't like doing?

Like sewer unblocking



or baking cow pats for renewable fuel