It’s ‘business as usual’ in Britain
All EU Placement students and Interns are WELCOME!
What’s all this fuss about Brexit?
Nothing is changing for the foreseeable future, and in the meantime Britain remains the best place in Europe to do your international placement or internship.
Here are the facts:
Britain will not start to leave the EU until March 2019
Britain will not officially start to leave the EU until 29th March 2019 at the earliest, and this may be extended if all EU members agree.
Then there will be a transition period until 2022
Britain’s relationship with the EU will look similar to its current one for up to three years after Brexit, with free movement, access to the single market and an inability to strike trade deals with other countries.
That takes us up to March 2022.
The UK chancellor Philip Hammond confirmed that the UK had agreed to seek a transitional period of about three years, ending before the next election, which is due in 2022.
He said there was broad consensus in the cabinet that such a period would be necessary to cushion the impact of leaving the EU, and that “many things will look similar” the day after Brexit officially takes place in March 2019.
Britain will protect the Erasmus scheme after Brexit
The UK needs foreign students. Foreign students enhance our economy and bring revenue to our universities, which funds research and allows them to top the international league tables.
“We do really want there to be prioritisation on the Erasmus Plus because it is important – it has a direct impact on the students and the economy”.
The Erasmus Plus programme allows students to study in one of 33 European countries for free for up to one year, with EU funds covering costs.
And even if the UK does leave Erasmus it is extremely likely that an alternative will be set up quickly, as was the case with Switzerland when they set up their successful SEMP scheme in 2014.
Students who train abroad are twice as likely to find employment
According to the European commission’s Erasmus impact study in 2014, young people who study or train abroad are twice as likely to find employment quickly. The study of 80,000 students showed that the unemployment rates among Erasmus students was 23% lower after five years than for students who did not study abroad.
Graduates with international experience fare much better on the job market
The message is clear: if you study or train abroad, you increase your job prospects.
An Erasmus Impact Study confirmed that EU student exchange scheme boost employability and job mobility. Young people who study or train abroad not only gain knowledge in specific disciplines, but also strengthen key skills which are highly valued by employers.
A new study on the impact of the European Union’s Erasmus student exchange programme shows that graduates with international experience fare much better on the job market.
They are half as likely to experience long-term unemployment compared with those who have not studied or trained abroad and, five years after graduation, their unemployment rate is 23% lower. The study, compiled by independent experts, is the largest of its kind and received feedback from nearly 80 000 respondents including students and businesses.
English is the universal language
English is without a doubt the world’s universal language. It is the world’s second largest native language, the official language in 70 countries, and English-speaking countries are responsible for about 40% of total global GNP.
English can be at least understood almost everywhere, as it is the world’s media language, and the language of cinema, TV, pop music and the computer world. All over the planet people know English words, their pronunciation and meaning.
Britain’s economy is booming
The UK remains fastest growing economy in western world, and is growing at the second fastest rate among the G7 economies. Growth in the sixth months following the EU referendum was significantly stronger than many had feared, when some predicted a Brexit vote would result in recession.
Britain’s job market is crying out for graduates
The employment rate of recent graduates in the UK is 85%, which is well above the benchmark target set by the ET 2020, and higher than most other major EU countries including France, Spain, Italy, and Ireland.
So, get applying for internships in the UK. Nothing is going to happen until long after you have finished, if ever!