UK's curbs on international students, foreign workers may backfire, thinks a top hedge fund founder

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The measures will lead to a funding shortfall, reduced talent pool, and hinder the recruitment of skilled workers, impacting sectors like the National Health Service.Agencies..

The governments migration crackdown risks damaging UK higher education institutions and setting back the countrys ambitions to be a leader in science and technology, according to an influential British entrepreneur...

Recent steps by Prime Minister Rishi Sunak to make the UK less attractive for overseas students will lead to a university funding shortfall and a reduced pool of talent for British employers, Ewan Kirk, founder of quantitative hedge fund Cantab Capital Partners and a former entrepreneur-in-residence at the University of Cambridge said..

Facing an election thats likely in the second half of this year, Sunaks government last year announced a slew of migration-cutting measures, including a bar on most overseas students bringing their dependents with them...

While he said hes concerned about high-skilled migration, most relevant to his former role as head of European quantitative technologies at Goldman Sachs, Kirk said the UK will still need lower-skilled migrants to staff roles in institutions such as the National Health Service, unless reform is made a priority.. Youre not going to get a great NHS without people sweeping the floors and pushing around trolleys, Kirk said..

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