38_European_Business_Magazine_Summer_2020

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Mass exodus from the UK

T

he number of British people leaving for the EU is at an allme high. A new study confirms that there has been a large exodus from our shores, to EU member states. The study conducted by Daniel Tetlow, Oxford in Berlin, also, Daniel Auer, a research fellow at the WZB's Migra on, Integra on, Transna onalisa on unit, stated that the migra on to the EU (from the UK) is at a 10 year all- me high. Nicholas Bishop reports The study reads: "OECD figures and na onal government sta s cs have shown that the number has risen con nuously since 2010 with an exaggerated spike since the Brexit referendum in 2016,". Daniel Auer, one of the researchers involved in the study suggests that many Britons have left because of uncertainty. Uncertainty, about the future of the UK once we have le the EU later this year. Also, many Brits already living in EU nations have become ci zens of those countries. Of course, it's not only Brits leaving the UK for the EU but many Europeans going home. That also is caused by the uncertainty of how welcome Europeans living in the UK will feel once we are out of the EU. Other Europeans, however, have been applying for Bri sh ci zenship. Home OďŹƒce figures show that 3.5 million EU na onals resident in the UK has applied for the 'EU Se lement Scheme'. These figures were published by the Home Office in May, this year. The 'EU Se lement Scheme' was created for EU, EEA and Swiss ci zens living here. In other words, those wishing to apply for se lement here because they have family and a job here. There is a deadline date for those wishing to take advantage of the scheme, that is December 31. The scheme enables those eligible to connue living here a er June 30, 2021. In Germany, a popular destination for many Brits, 1000 more British

22 europeanbusinessmagazine.com

people became German citizens in 2017. However, in the rest of the 27 EU na ons, Bri sh applica on for citizenship has increased six mes, compared to 2015. Those Brits with dual nationality, however, will have to give this up. This is for Britons living in the EU-27. They will have to give up their duality of na onality and become ci zens of the European na on they are residing in. Last years general election was about, whether we like it or not, Brexit. It was what won Boris Johnson a landslide win. It is easy to say with hindsight had Jeremy Corbyn been more pro-leave, perhaps, the Tories would not have had such a thumping majority. However, Mr Corbyn chose to be right down the middle of the argument and so Labour leave voters punished the Labour party accordingly. New leader, Sir Keir Starmer, has hit the ground running with 'YouGov' giving the Labour leader a surge in popularity. Not since the days of Tony Blair before the '97 general elec on has a Labour leader been so popular. Many prefer Sir Keir's forensic approach in holding Boris to account at 'Prime Minister Questions' as opposed to Boris' bumbling buoonery. Sir Keir Starmer, was never an ardent Brexiteer but now has come to terms with the UK leaving the EU. The ques on has to be asked though was Boris really a hard Brexiteer? Or, was he just playing to the gallery of hardright Tories and their an -EU credenals? Certainly, with the COVID outbreak that has blighted our na on, this has overshadowed trade deal talks with the US. Despite assurances from the Johnson administra on that the NHS is not for sale, there remain worries about this issue. Of all the na ons the UK has been nego a ng trade deals with it seems the Japanese are very happy to do business with us in the post-EU UK. The UK has also been talking to

China, Australia, etc. The ques on remains though, will the UK secure a trade deal with the EU itself? It appears that the EU is not very impressed by the UK's lack of "ambition" in getting a trade dea donel with the bloc. European Commissioner for Trade, Phil Hogan, has said the EU side is willing to show compromise in order for a trade agreement to be realised. Mr Hogan has said the same


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Articles inside

Do Black Lives Matter in Business?

6min
pages 112-116

Almost one fifth of SMEs don’t think they’d survive another lockdown

3min
page 111

Businesses are paying the price of stressed staff as pandemic

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pages 94-95

HOW SEARCH ENGINES REALLY WORK

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pages 98-104

Can Europe Overcome The Next Wave Of The Pandemic

5min
pages 90-91

money pressure takes its toll How to conduct risk assessment of your receivables

6min
pages 96-97

Reframing ‘Work / Life Balance

6min
pages 92-93

Ten years in compliance: Reflecting on the UK Bribery Act

4min
pages 88-89

US vs Europe: Tensions Rise

5min
pages 86-87

Refinitiv battle reveals unease over power of modern stock markets

5min
pages 84-85

Why You Should Consider Starting a Business in Bermuda, Too

6min
pages 82-83

SMEs Post Lockdown 5 European Google competitors to watch

5min
pages 80-81

European App Developers Create New Service to Help Struggling

1min
page 79

What happens to innovations in a crisis?

28min
pages 65-73

Why Dating Apps are Old News and Matchmaking Services are Booming

6min
pages 74-75

Irene Valenti, founder of Valenti International

8min
pages 76-78

Romain Gerardin-Fresse, Ceo and Founder of GFK Conseils-Juridis

26min
pages 56-64

Odd Sverre Østlie, CEO of Pexip

11min
pages 50-53

Building a finance function from the ground up

4min
pages 54-55

Max Studennikoff, Ceo and Founder of CC Forum

7min
pages 46-47

Work from Home Revolution: Video-conferencing is About

6min
pages 48-49

Tens Of Thousands Protest Pandemic Restrictions In Berlin

3min
pages 44-45

Post-Pandemic Economic Recovery and New Market Space in China

6min
pages 40-43

Why Iceland is the Perfect Spot to Do Business

4min
pages 38-39

Can Industries Bounce Back after the Coronavirus Outbreak?

9min
pages 30-33

Cloud, cyber security & leading in a threat environment without decelerating innovation

5min
pages 36-37

Safe-Haven Assets: Coronavirus Market Crash Make Investors

6min
pages 28-29

What is the Future of Money and Are We Ready For It?

6min
pages 26-27

Iowa: A Smart Investment in America’s Midwest

6min
pages 34-35

Latest News

13min
pages 8-11

Mass exodus from the UK

4min
pages 22-23

Bumper year of sport to boost air charter industry in 2021

4min
pages 12-13

Digital Confidence Will Play A Critical Role In Allowing

5min
pages 18-19

Why The Moroccan Pharma Industry Matters To Europe

3min
pages 24-25

The World Economic Forum Suggests a Different Post-Covid

5min
pages 14-15

Social media: Are we in control?

6min
pages 20-21

James Storie-Pugh, Founder of Mellow

3min
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