UK recession encourages men to emigrate

13/10/2008 by Liam Clifford

A new study by Combined Insurance has found that 50 per cent more males than females are considering escaping the nation's economic woes and emigrating.

The insurance company's survey of nearly 2,000 UK residents found that one in eight people are considering upping sticks. It also showed that 8% are withdrawing money from banks and building societies, and a third of people are shopping around for better savings and mortgage rates.

People living in the south of the country are most likely to sell their houses and move abroad. 9%, compared with 7% nationally, would sell their houses, and 15%, compared with 13% nationally, would leave the country.

Most people who emigrate from the UK head for Australia - it's the chosen destination for 50,000 out of the 70,000 people who emigrate from Britain every year. Of the remaining 20,000, many thousands choose to live in New Zealand.

However, people are still entering the UK in greater numbers than those emigrating from it. The biggest contributors to the immigrant population in the UK are Indian, Pakistani, African and Chinese ethnic populations.

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