What Brexit related news is there today, I hear you not want to ask. Well, today’s calamity involves the car manufacturing sector and EU students.
Let’s begin with the automobile sector!
Lewis Goodall tweeted: “New figures say that in 2022 UK car manufacturing fell to its lowest level since 1956. 1956 was the year before the mass production of the Mini. UK car production is now down 40% on pre-pandemic levels in 2019 and off 55% from the all time high in 2016.”
He followed up that tweet with some of the reasons why.
“There are a number of reasons cited by industry for this.
-war in Ukraine
-semi-conductor shortages –
energy costs (higher than other European countries)
Chief Exec of SMMT says Britain urgently needs a strategy to retain investment.”
Even Brexit-supporting Economist Patrick Minford predicted it!
Now new data has shown that that number of EU students studying on the UK has more than halved since the UK left the EU.
Some of the largest declines are from scholars from Italy, Germany and France.
Brexit is seen as the primary deterrent, with home fees and student finance no longer available to EU students , reports The Guardian.
“The significant decrease shown in EU first-year student enrolments can be attributed to changes in fees eligibility,” said the Higher Education Statistics Agency, which has published the data for the first full post-Brexit year.
Before Brexit, students paid home fees of just over £9,000 and had student finance available. Fees have risen as high as £38,000 after Brexit.