It’s August. The likelihood is that you are either a) on holiday in the sun surrounded by boat parties, booze and loud music, b) volunteering on a children’s camp or preserving an ancient Inca site in deepest, darkest Peru, c) working in a pub or d) asleep, but when it’s time to get back into the lecture hall as an international student, what effect are you having on the economy? The answer may surprise a lot of people…
First, let’s start with the numbers (all from 2013-14, the most recent available figures courtesy of the UK Council for International Student Affairs – www.ukcisa.org.uk):
- There are over 435,000 international students in the UK from all over the world including almost 273,000 ‘new’ or first year students
- The most represented nationality is China with 87,895 students, followed by India with 19,750
- University College London has the largest number of international students in the UK with 11,850
- 38.7% study Business & Administration followed by Engineering & Technology (32.7%) and Law (25%)
- The male/female split is virtually identical, with 50.9% female and 49.1% male
If you’re in that number and you’re coming to London, it’s not too late to find your perfect apartment. All you need to do is browse our selection of student accommodation in London and contact us!
The fact is that the UK (and London in particular), needs international students. A report by business lobby London First and PwC, one of the world’s largest firms of auditors aimed for the first time to economically quantify the costs and benefits of non-EU international students studying at London’s universities to London’s and the UK’s economy.
There has long been an argument centered on anti-immigration rhetoric that close to half a million international students coming to the UK every year put an unnecessary – and to some, unwanted – strain on public services and housing.
That argument, while still being waged, has been proven to be redundant. The report found that non-EU international students contribute £2.8bn to the economy made up of fees (£1.32bn), consumer and subsistence spending (£1.36bn) and £121m from visiting friends and family as well as supporting over 70,000 London jobs. The cost of providing them with public services such as the NHS costs the UK £540m, a net gain of £2.26bn.
The Head of Global Immigration at PwC, Julia Onslow-Cole said: ‘While politicians recognise the importance of international students, there has been considerable debate over the economic value.’
She continued: ‘This is the first study to quantify the benefits of student migration. We need more hard data like this to inform immigration policies and targets. The £2.3bn benefit of international students illustrates there is a huge amount at stake.’
In addition to the obvious financial benefits, 60% of students surveyed suggested that they were ‘more likely’ to do business in and with the UK as a direct result of studying here and in today’s lightning fast global economy, that is not something to be underestimated.
While good news on one hand, the report also offers a word of warning. It’s no secret that the abovementioned anti-immigration rhetoric is gaining a modicum of traction and a third of students interviewed said that the immigration system in the UK is so complex it had a negative impact on their experience of studying here, as did the difficulty in finding employment after finishing degrees.
One of the issues is that non-EU international students are included in the government’s net migration figures and are not, like Australia and Canada, classified as ‘temporary visitors’ hence the anti-immigration rhetoric. There is a real fear that the top students who have the luxury of picking and choosing the best universities around the world will avoid the UK.
We also need to make it easier for students to stay in the UK and work after the completion of their studies. The current rules state that students need to work for a single employer and earn a minimum salary of £20,800.
These are issues the government appear to be taking seriously. The bottom line is that we have some of the finest universities in the world and we need to attract the brightest and the best by offering a far more welcoming and inclusive climate. International students are a huge boon for the UK and they make a valuable and lasting contribution.
Don’t forget, you can still find excellent student accommodation in London! Search our portfolio of properties here and then call us on 020 8420 4666 or firstname.lastname@example.org
at 14 Aug 2015
A report by Philip Pank last week in The Times suggests that London has cemented its place as one of the most visited cities in the world and here at Euracom, we might be biased but we already knew that!
Nearly 33 million people came to Britain in 2013 (over half – 16.8m – to London) and he suggests that the tourist spike is less due to economic recovery than our favourite topic of conversation, the weather! The sun shone bright in 2013 after the 2012 Diamond Jubilee washout.
Visitors are spending an average of £85 a day in the capital (Americans top the list spending an average £105 per day) and the nationalities with the biggest number of visitors were, perhaps unsurprisingly French, German and American.
With so many people coming to London (and, according to VisitBritain Chairman Christopher Rodrigues, inbound tourism will rise by over 6% a year over the next ten years), coupled with a finite number of hotel rooms, where is everyone going to stay?
Luckily at Euracom, we have the answer! We have a fantastic selection of holiday and vacation apartments in London. You can view them here and we have availability all over London in June, July, August and September!
Depending on where in London you want to stay, some of our apartments and residences have special offers so when you speak to our Customer Service team, don’t forget to ask about the different types of offers available and they’ll talk you through everything you want to know.
What are you waiting for? The summer is almost here and you should be too! Call 020 8420 7666 or email email@example.com NOW!
at 12 May 2014
It’s that time of year again! The summer term is winding down and students around the world are planning a summer full of backpacking/volunteering/working/sleeping/ *
*delete as appropriate.
For international students coming to the UK, another set of priorities manifests itself. Packing, organising visas and entry requirements, enrolling, organising bank accounts, finding the best late-night fast-food joints and of course finding somewhere to live.
With around 425,000 international students enrolling onto Higher Education courses in the UK this year (in addition to 2m British students), finding suitable student accommodation in London (and the other major university towns in the UK) is becoming increasingly difficult.
Luckily, here at Euracom, we have a fantastic selection of student apartments in London for students on degree courses, short-term study abroad programmes and students on work placements.
We have been providing student accommodation in London for over 25 years and our service is efficient, easy and responsive. Arranging your student accommodation through Euracom means that you can get back to the important things, like looking for the best pubs and clubs in the city!
We have a dedicated section of our website devoted to student accommodation in London here where you can read all about who we are, what we do and examples of our selection of student apartments and study abroad apartments in –
Baker Street NW1
Aldgate East E1 ***Special Offer prices are available until 13 July 2014***
George Street W1
Camden Town NW1
Please visit the website for a more comprehensive selection of accommodation in London and keep checking back because we are adding more apartments all the time, including residences for academic year bookings of 36, 43 and 51 weeks, dependent on your preference and how long you’ll be with us.
All our student apartments in London are in Zones 1 & 2 and each one is very well equipped to an international standard and range from traditional apartments sleeping 6-8, residence halls for all those wanting a more ‘international environment’, rooms for two students as well as traditional studio apartments.
We also have availability in our apartments throughout London for July and August so you’ll have plenty of time to get acclimatised and to discover what living in London is all about!
Also on the website we have given you a whole host of useful information about living in London, including advice and support, money and safety, useful contacts, a great entertainment guide and information about how to get around the city.
Don’t forget, we also have a great choice of serviced vacation apartments all over London but you need to be quick, places are filling up very quickly. They are all in the beating heart of the city, close to everything you’ll ever need for a great trip to London this summer!
All you need to do is call us on +44 (0) 20 8420 7666 or email firstname.lastname@example.org and we’ll talk you through everything you need to know about student accommodation in London.
Have a great month and we’ll see you in June.
at 7 May 2014
Welcome to London Benvenuti a Londra Bienvenue à Londres Bienvenido a LondresWilkommen in London Witamy w Londynie Velkommen til London Croeso I LlundainVälkommen till London Bem-vindo para Londres Vitajte v Londỳne Merħba lill LondonLondini in Hospitum Fáilte roimh Londain Velkomin til London Üdvözöljük a LondonTervetuloa Lontoo Dobrodošli u London Benvingut a Londres London OngietorriLondon xoş Gəlmisiniz Mirëpritur të London Welkom by London
Baruchim Habayim Llondon 歡迎來到倫敦 ロンドンへようこそ
However you say it, we want to welcome you to London, the greatest city in the world!
Here at Euracom, we have some fantastic vacation apartments for rent all over London – from the creative, cosmopolitan hotbeds of Aldgate and Barbican in east London to über-fashionable Kensington to the west of the city.
We have apartments available to suit all budgets across this wonderful city in the summer and if you book an apartment in London through Euracom for July and/or August, you don’t pay a booking fee!
While we usually market our vacation apartments in London to our overseas visitors, there’s an increasing trend for UK residents to remain here for their summer holidays and instead of saying ‘no, we’re not going away this year’, people are having ‘staycations’ and the facts (gleaned from a recent survey by hotel chain Travelodge) speak for themselves –
- Almost 66% of families are planning a summer ‘staycation’
- London, the Lake District and Edinburgh top the destination list, usurping Cornwall
- 42% will staycation for one week, 15% for two and 33% will have up to three short breaks
- UK resident tourist day-visit expenditure was up 17% to £57bn in 2012 while UK resident expenditure on visits abroad fell by 14% to £31.7bn (Office of National Statistics)
The evidence is there for all to see. More and more people are choosing to take vacations – staycations – in the UK rather than go abroad for their summer holidays.
Why? There are two fundamental reasons. The first is obvious – we are coming out of a severe financial crisis and there is simply less disposable income available than there previously has been. Second (and we might be a little biased here), London is an incredibly rich and diverse city with so much to do for people of all ages and interests.
Think about this question – as a UK resident (from London or elsewhere), when was the last time you did anything ‘touristy’? When was the last time you saw The Monument, Tower Bridge, Nelson’s Column or took a trip down the Thames? Most people will say ‘as a kid’.
London’s world-class museums, theatres, galleries, shopping and sports facilities are the envy of the world, as is the sheer diversity of our restaurants, cafés and bars.
That notwithstanding, we are blessed with 1,000 years of history, from the 11th century Tower of London, the Roman walls around the City, Temple Church, Westminster Abbey, St. Paul’s Cathedral and Buckingham Palace all the way up to the city’s newest attractions – the London Eye, the Tate Modern and the Millennium Bridge (not forgetting M&Ms World in Leicester Square!)
One of the key stats that came out of the ONS report was that the accommodation sector experienced a 16% rise in output between 2008 – 2009 (the point in time when the recession hit as hard as it was going to), from £8bn to £9bn, further fuelling the opinion that the phenomenon of the ‘staycation’ is the holiday of choice for UK residents.
We have a great selection of cost-effective vacation apartments in London for you to choose from so please call us on 020 8420 7666 or email email@example.com and we’ll talk you through everything you need to know.
In the meantime, have a good April and we’ll see you again in May!
at 7 Apr 2014