Loads of bollocks...
The contract market seems buoyant at the moment, as a consequence the agencies try to hit newbies with a low rate / huge margin. That "this is your entry in investment banking" hype...
The clients pay a good rate in the end, and even with 10.000 work permits / year in IT there is no great impact on the contract market.
As a fact not so well known : with a work permit someone in UK can't open a limited company, so in the contract market you will probably find foreigners from EU and aussies / kiwis.
The contract market seems buoyant at the moment, as a consequence the agencies try to hit newbies with a low rate / huge margin. That "this is your entry in investment banking" hype...
The clients pay a good rate in the end, and even with 10.000 work permits / year in IT there is no great impact on the contract market.
As a fact not so well known : with a work permit someone in UK can't open a limited company, so in the contract market you will probably find foreigners from EU and aussies / kiwis.

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