UK Brain Drain

The Daily Telegraph this week reported that the UK would experience a brain drain, hurting the UK economy. 48% of UK immigrants were in the professional or managerial roles who left in search of higher salaries, lower taxes and better weather. Some 40 000 of them are working in Singapore. According to the news report, the very people who could provide impetus to the UK's ailing economy are leaving at the rate of 150 000 a year. This is certainly a cause for concern.