Graduates and people with technology degrees are choosing to move to Berlin or Paris instead of London due to Brexit vote. This in part, could be due to the UK government still not unveiling its new visa rules for EU migrants after Brexit. This has caused the UK technology industry to experience a sharp drop in job applicants originating from the EU. Including the fact people have been put off by concerns about the economy, venture capital investment and visas, applications from the EU have fallen by 40%.
Despite government initiatives to encourage the study of computer and information technology science subjects at university, the industry relies on EU citizens to fill about 180,000 jobs in the sector. The figure represents a fifth of tech jobs in London.