Perhaps sooner for IT.
Those same companies who have outsourced to cheaper locations are now the ones bleating about a skills shortage in the UK
To some extent they are reaping the results of outsourcing. The move to offshore entry level coding tasks to cheaper locations reduces vacancies in the UK for the IT grads and others that will become the highly skilled engineers of the future.
With the tightening of visa regulations on temporary workers in the UK, perhaps the realisation will dawn that maintaining at least some development in the UK will provide skilled engineers further down the line.