Expat exodus looms among UK-based financiers - Spear's Magazine

Expat exodus looms among UK-based financiers

Signs are emerging that many highly skilled overseas professionals working in the UK are considering whether the time has now come for them to move on.

Signs are emerging that many highly skilled overseas professionals are considering whether the time has now come for them to move on, as the UK-based banking industry continues to be hit by further rounds of redundancies and cutbacks, a new survey shows.

 In a survey of 550 financial professionals by eFinancialCareers, more than half (52 percent) of respondents based in the UK were from overseas.

Nearly one in three (29 percent) do not expect to be in the UK next year. The majority (58 percent) anticipate returning to a city in their country of origin. A further 35 percent are considering moving to an emerging financial centre, such as Dubai or Shanghai.

For further details visit thewealthnet
 



 

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