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    1. Jurassic_Bun on

      It’s a pretty terrible economy when looking for something to be optimistic about. We sold off everything and we haven’t cornered any markets nor do we have the Labour power, manufacturing or pockets to do anything really. We are kind of just limping on praying the private market does something.

    2. Ok-Store-9297 on

      The UK economy has been devoured by finance. This story should be bigger.

    3. Bleeding out ? You mean all the companies who used to produce in Britain have gone to China etc . That was a political choice and it can be reversed

    4. Dedsnotdead on

      We’ve moved just over 80% of our U.K. back office and an engineering team elsewhere in the last 12 months at their request with their families.

      Most were originally from Western Europe and had been in the U.K. between 10 and 20 years prior to returning or moving to offices in the US.

      Cost of living versus services provided and crime were the drivers for their departure.

    5. lNFORMATlVE on

      So many STEM jobs in the UK are ridiculously undervalued. Can you blame our best engineers for moving abroad to earn literally 2-3x their UK salary?

    6. Doing „science“ and a lot of tech is about collaboration and lots of travel. Most top scientists, especially the younger ones, frequently move to work in other countries and regularly travel to other countries.

      Young researchers also frequently move from country to country and the EU Erasmus program made that easy.

      [https://erasmus-plus.ec.europa.eu/](https://erasmus-plus.ec.europa.eu/)

      The UK leaving the EU has made all that a lot more difficult.

    7. But it is the super rich the ones that need all the money, not the working class, lets give the super rich tax breaks and sell them more of the state,

    8. Anansi-the-Spider on

      China for example is pumping billions into science as we add millions in the past this didn’t matter as much because the UK was very innovative and still had an edge but our universities have been kept on a shoe string budget for decades now and been reliant on foreign students who we have taught well. These students now have returned to their home and are directing their own research using UK principles success is coming now and our advantage will be lost.
      Plus China is now paying scientists high American level wages whilst the UK has had university wages on austerity level increases since 2008 (no massive gains like the NHS or other areas of public sector) Add to this UK bureaucracy in China if you think up a novel animal research experiment you can start later in the week in the UK expect 4 months to 2 years of ethical reviews and Home office animal licence applications
      so expect this industry to collapse completely in the next 5-10 years, we love to make life impossible

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