Wales is known for many things ­ Tom Jones’s swinging hips, coal mines and male voice choirs, endless rain and picturesque sheep-filled valleys. But TS bets you have never associated Wales with the many opportunities for companies who choose Cymru as a ‘nearshore’ location for their UK operations?

Ever since TS attended an outsourcing roundtable event last week, we have seen the land of leeks in a whole new light.

And so it seems has Andrew Probert, finance and IT director of Admiral Group. Probert not only sees Wales as a great place to outsource, but also as a great place to hire its auditors KPMG, because of their cheap ‘Welsh rates’.

There’s nothing wrong with saving a penny or two but are Welsh accountants cheap? You’re pulling the wool over our eyes Andrew.