Hedge Fund Founder Says UK Migration Curbs Pose Risk to Economy
- Ewan Kirk warns lack of talent could throttle UK’s ambitions
- Says government also needs lower-skilled migrants for NHS
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The government’s migration crackdown risks damaging UK higher education institutions and setting back the country’s 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. The measures will chafe against the premier’s ambition to make Britain a hub for high-growth industries such as biotechnology and artificial intelligence, he said