"The competition for skills and qualified staff isn’t just intense – it’s global. Which is one reason why firms are tapping up talent in centres of specialization outside the UK."
Firms are looking outside not because of lack of talent but because they can pay less, so are cheaper resource. If India or Romania gets expensive, due to expectation that their salaries should go up, then move elsewhere. Repeat till you are hiring from the worlds least capable, cheapest resource