Brexit hits confidence in graduate prospects

Confidence in the graduate job market has worsened for the first time in five years, with almost threequarters of final year students fearing fewer opportunities due to Brexit, a survey has found.

The UK Graduate Careers Survey 2017, conducted by High Fliers Research, shows that 71 per cent believe there will be fewer jobs for those leaving university this summer because of last year’s Brexit vote.

The research also found that the number of new graduates applying to work in investment banking and finance has dropped by up to a fifth in the last 12 months.

The survey, based on interviews with 20,102 final year students, found that an increased proportion of final year students are planning to remain at university for further study.