How many outsourcing stories do we need?
Outsourcing is happening. Deal with it. Move on. Change plans if necessary. Complaining about it on Salshdot accomplishes nothing.
IBM outsources to low cost geos. And that is what will happen to Lloyds jobs. Anybody that believes otherwise is not thinking clearly.
Businesses will go where the costs of getting work done is lower. You can erect barriers all you want, but all of that is going to be temporary.
In other news, linuxguy has been outsourced - any new comments will be from a completely different person. Expect quality to remain the same (exuberantly intoxicated) or better.