The Government is proposing to allow international students to stay in the UK for two years after graduation to find a job.
Commenting on the news, Miles Celic, Chief Executive Officer, TheCityUK, said,
This is the right move for the UK and its ambition to continue as a world-leading services trading nation. Higher education is a valuable source of talent for UK businesses, a key source of soft power and a prized British export.
“The ability for international students to remain in the UK to work after graduating has long been recognised as a significant potential draw for them. It also allows the UK first access to some of the world’s best talent. It enables firms to hire people with close links to and understanding of overseas markets. After starting and shaping their careers here, these students will often then return to their home countries but maintain close ties to the UK.”
The UK’s immigration system needs to reform if Britain is to remain globally competitive beyond Brexit. A report published last year by TheCityUK and EY looked at the immigration needs of the financial and related professional services industry but can be applied across all sectors.