In the months after Labour entered government, ministers promised a new era of stability, investment, and long-term growth.
Yet at the same time, a different story has been unfolding in airports, on LinkedIn profiles, and in visa offices from Dublin to Sydney. More British citizens are leaving than arriving, and critics have started to talk about a “modern brain drain” from Labour’s Britain.New migration estimates show British and EU nationals now have negative net migration: in plain terms, more are moving out of the UK than moving in. At the same time, the latest Budget locks in years of frozen tax thresholds, adds new limits to popular tax-efficient pay schemes, and keeps student loan repayments biting into graduate paychecks well into middle age.
For many under 35, this combination of high taxes, high housing costs, and strained public services makes the idea of starting over abroad more tempting.