UK faces a brain drain post-Brexit
ALMOST one million EU citizens working in the UK, many of them highly qualified, are planning to leave after Brexit, a new study has found.
The survey sampled 2000 EU citizens working in the UK and 1000 EU citizens from the 10 countries most likely to supply EU labour.
It also found that 50% of EU citizens in the UK felt less welcome since voters backed a withdrawal from the EU.
The research also discovered that 55% of those with PhDs and 49% of those with postgraduate degrees had either decided to leave or were considering it.
KPMG's head of Brexit Karen Briggs conducted the research and said: "Our survey highlights how important the actions of employers are going to be if the UK is to avoid a Brexit brain drain.”
The British Labour opposition has announced a major shift in party policy to back continued membership of the EU single market for a lengthy transitional period of between two and four years beyond March 2019, when free movement of people between the EU and UK is set to end.
Allies of Labour's Brexit spokesman Keir Starmer accepted the proposal would mean the party was accused of wanting to keep the EU free movement many Labour voters oppose, but said it was the "least worst option” for the economy and critical to safeguarding jobs. - INM