It's the same with ANA in Japan too. Nothing to do with cost savings, everything to do with 'service' for their European clients.
Part of the training for JAL and ANA for LHR/FRA based crews includes Japanese language training. Overseas based crews are required to be able to speak English and another European language (French or German usually) as part of the entry requirements. The company takes care of the Japanese language training requirements.
For the record, United Airlines and American Airlines also have (or maybe HAD now) overseas bases in LHR. Whilst these are cost saving measures also, the cost savings are derived from reduced hotel and allowance requirements in London only. Their employment contract, as I understand, mirrors that of their US counterparts (so there isn't as much of a gulf between the crew on board). In short, everyone works and gets paid to the same standard.
United (despite all of its' problems of late) had overseas bases all around the world (predominantly in foreign countries where English isn't the primary language). It has historically offered its' crew the ability to transfer to these new bases as part of a lifestyle benefit - with no detriment to the FA.
Perhaps QF could learn from this? ROFL!