UK economy ‘bleeding out’ with brain drain in science and tech, peers warn

Peers warned the UK economy is ‘bleeding out’ amid a brain drain in science and tech - (PA Archive)

Sir Keir Starmer and Rachel Reeves must show “clearer leadership” to tackle a brain drain in the science and technology industry which is leading to Britain’s economy “bleeding out”, peers have warned.

In a damning report, the Lords Science and Technology Committee called for Government action – including easing visa costs for highly skilled professionals – to revive growth in the sector.