UK faces ‘brain drain’ as talented foreign workers return home

September 5, 2010 by admin  
Filed under Career News and Advice

commuters 1575308c UK faces brain drain as talented foreign workers return home

Britain faces a “brain drain” of talented professionals after it emerged a fifth of expats based in the country are considering returning home, research has revealed.

Rising inflation and poor job prospects have caused a further 67pc of expats in Britain to believe the economy has deteriorated over the last year, the study of 4,100 expats in 100 countries found.

Nearly a third said they had witnessed less career opportunities in Britain since the start of 2009, while more than half said a “considerably higher” cost of living has made Britain one of the least favourable locations to live, the survey by HSBC revealed…

Read the original news at telegraph

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