I noted this article trumpeted by the BBC. Apparently companies are no longer outsourcing quite so much to India et al and are instead bringing work back on shore. The number one reason is failure of outsourcing to deliver the benefits promised; the curse of the indian snake-oil salesman?
What intrigued me though was the lack of a mention for the good old Pound Sterling. Beaten into submission by profilgate government money printing, our currency is devalued and set to fall further in 2010. This makes UK wages and costs look a little better compared to foreign opposition.
It is small reason to be cheerful if you are a manufacturer; excepting that the cost of all your raw materials is goingt o sky-rocket.