Usual rubbish, coders != IT Professionals
Coders are not the only IT Professionals out there, yet seemingly every recruiter quoted by El Reg believes programming is the only game in town. Also every recruiter seemingly thinks the movie office space is an instruction manual not a parody.
Biggest problem with the UK economy - HR (return them to "wages"), lax immigration controls (why for years were we allowing hundreds of thousands of non EU candidates into the UK when 10+% of IT grads were unemployed and actively looking for training places), horrifically poor teaching at primary, secondary and in some cases tertiary level - caused in many areas by gender quotas, ethnic quotas and creating "teaching degrees" rather than study a subject then train as a teacher etc.
Also apprenticeships = easy way to massively depress wages to minimum wage levels (what you think they will continue to pay a salary??) then along come "competence cards" to lock out those without an "apprenticeship" (see construction industry to see how an industry got totalled - poorly skilled workers (joiners who can't cut straight, electricians without a clue about electrical safety, floors left a mess by plumbers etc etc), good candidates locked out, workers charged extortionately for little plastic cards with their "competencies" on them - no card, no coming on site (doesn't matter if you out qualify and have more experience than the other guy, don't have the course (of course run by the card issuer and places only given to employers to dish out to staff) then at best you get the lowest level card, essentially dogsbody)
They wonder why this country is going down the bog??? Too many bad managers, too much focus on "apprenticeships" than aptitude (notice how the rest of the world is expected to an apprenticeship but those born with a platinum spoon inserted will go on and do "internships" and just like pre mid 20th century, be fast tracked to the upper echelons while the rest of us are required to doff our caps),
This ship is going down and those "in the know" are fiddling away like Nero, while the economy crashes and burns.
Triple dip recession by 2014??