Britain being hit by rise in graduate 'brain drain'

By Graeme Paton. The number of British students heading overseas for their first job has soared by a quarter in just three years amid fresh warnings over a graduate “brain drain”.
  Almost 5,200 university leavers sought employment in mainland Europe, the Far East and North America last year – up by 1,000 since the start of the economic crisis. Official figures show that graduates from the very best universities are significantly more likely to be tempted overseas, prompting fears that Britain’s most talented young people were being forced to look abroad for employment during the downturn.
Almost one-in-10 British graduates from institutions such as Cambridge, Durham, Exeter and Oxford who found jobs in 2011 were working overseas. The rate jumped to 12 per cent among British students from St Andrews.
Experts said that in some cases major international corporations were targeting students from the very best universities during annual “milk round” employment fairs. Other students are securing jobs with multinationals based in Britain only to be posted overseas, it was claimed.More...