How can the UK tackle the looming STEM exodus?

Skills gap, skills gap, skills gap. It’s a frequently discussed issue amongst UK manufacturers – and with good reason. It’s no secret that labour shortages are a perennial problem plaguing the industry. But, alarmingly, it seems that we aren’t only facing a lack of available upcoming talent within the UK, we’re now actually risking losing what talent we already have.

03/11/2022 11:05:28

‘Building a Future for Science and Technology’, a research report recently released by Ridge and Partners, has revealed that almost one in six (16 percent) science and technology businesses have firm plans to relocate overseas over the next three years, and 88 percent have considered it.

What has sparked this exodus? Well, the obvious answer is, of course, the dreaded ‘B’ word (you know the one). Since we left the EU, the Government’s restrictions on recruiting overseas talent have had a significant impact on STEM companies, adversely affecting 27 percent of the 103 companies surveyed.

But that’s not all...

Read the full article in DPA's November issue