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The most immediate prediction of a big FX sell-off has come to pass - and it has already lowered living standards and will continue to do so for the next few ye

The most immediate prediction of a big FX sell-off has come to pass - and it has already lowered living standards and will continue to do so for the next few years. (Those few hundred quid that I have left over at the end of the month suddenly aren't enough for a holiday in Lanzarote or a new Macbook anymore. Gotta learn to love holidays in Blackpool or Brighton...) As to living in a filter bubble and "none of my friends are talking about leaving"... It doesn't even take our EU friends leaving to get a shortage of talent. Shortages will occur even if new EU talent stops coming - as is evident in areas like nursing where that sort of thing is tracked [1]. The NHS nurse/doctor shortage is bad and it will get worse and worse year by year due to Brexit. [1] http://www.telegraph.co.uk/science/2017/01/25/number-eu-nurses-coming-uk-falls-90-per-cent-since-brexit-vote/ http://www.telegraph.co.uk/science/2017/01/25/number-eu-nurs...

gambiting 10y ago
I'm friends with a couple CS professors at a Russel Group university, and they said that since last year the number of EU students applying for funded PhD positions went from hundreds to nearly zero this year - and several students who were going to start studying this year have pulled their applications, quoting brexit concerns. At our company we are trying to recruit for about 10-12 programming positions, and we had two programmers from EU who were deep into the recruitment process and they both resigned citing that they don't want to commit to living in the UK because of brexit. The process is not even fully defined yet, and it's already scaring people away - but things like less PhD students won't be damaging until 3-4 years from now, and then everyone will blame whatever else but brexit. Things might not be going down the drain right now, but there's no way it will turn into anything positive for years.

gambiting 10y ago

I'm friends with a couple CS professors at a Russel Group university, and they said that since last year the number of EU students applying for funded PhD positions went from hundreds to nearly zero this year - and several students who were going to start studying this year have pulled their applications, quoting brexit concerns. At our company we are trying to recruit for about 10-12 programming positions, and we had two programmers from EU who were deep into the recruitment process and they both resigned citing that they don't want to commit to living in the UK because of brexit. The process is not even fully defined yet, and it's already scaring people away - but things like less PhD students won't be damaging until 3-4 years from now, and then everyone will blame whatever else but brexit. Things might not be going down the drain right now, but there's no way it will turn into anything positive for years.