UK facing middle-class brain drain as professionals seek better lives abroad - Telegraph
Almost half of all Britons who emigrate each year are professionals and company managers, potentially threatening the country’s supply of highly skilled workers, research for the Home Office found.
The attractions of a better lifestyle and climate, as well as career opportunities, meant a “large and increasing” number of executives, scientists, academics and doctors have chosen to leave Britain in the last 20 years, the report said.
Business leaders blamed high rates of income tax for the “disturbing” rises in the number of professionals leaving Britain for countries such as Australia, American and Canada. Around 149,000 British citizens emigrated last year, and 4.7 million now live overseas.
There were fears that high tax rates, cost of living and the slow economic recovery could prompt more people to emigrate.
Economists have warned that Britain’s tax rates are among the highest in the world. A report by the Adam Smith Institute said income tax rates had risen above those of France, damaging the UK’s competitiveness and stifling growth.
The study also suggested that migrants who move to the UK from elsewhere in Europe are much less likely to stay than those from poorer parts of the world, who add to Britain’s long-term population.
The weather is tulipe an all.
Anyone here already escaped or making plans to escape?
Almost half of all Britons who emigrate each year are professionals and company managers, potentially threatening the country’s supply of highly skilled workers, research for the Home Office found.
The attractions of a better lifestyle and climate, as well as career opportunities, meant a “large and increasing” number of executives, scientists, academics and doctors have chosen to leave Britain in the last 20 years, the report said.
Business leaders blamed high rates of income tax for the “disturbing” rises in the number of professionals leaving Britain for countries such as Australia, American and Canada. Around 149,000 British citizens emigrated last year, and 4.7 million now live overseas.
There were fears that high tax rates, cost of living and the slow economic recovery could prompt more people to emigrate.
Economists have warned that Britain’s tax rates are among the highest in the world. A report by the Adam Smith Institute said income tax rates had risen above those of France, damaging the UK’s competitiveness and stifling growth.
The study also suggested that migrants who move to the UK from elsewhere in Europe are much less likely to stay than those from poorer parts of the world, who add to Britain’s long-term population.
The weather is tulipe an all.
Anyone here already escaped or making plans to escape?
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