14 April 2010

Business leader rejects Tory UK immigration cap

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Business leaders have criticised Tory plans to place a cap on immigration to the UK, warning the plan threatens Britain’s position during its economic recovery.

The Tory election manifesto pledged to issue an annual cap on immigration to the UK to prevent population growth, but the City lobby group London First warned that this would only threaten Britain's position as a global commercial centre and put off Britain’s trading allies abroad.

Chief executive of London First Baroness Valentine said, “How we build our links with the Far East and the BRIC [Brazil, Russia, India and China] economies is absolutely fundamental to London's future,” she said.

A spokesperson for the Tory party said eight out of ten businessmen support their plans to cap net inward UK immigration and that the annual cap each year will be drawn up after consultations with businesses.

“Eighty per cent of members of the Institute of Directors support some form of limit on migrants from outside the EU,” the spokesperson told The Daily Mail. 

“Britain can benefit from immigration, but not uncontrolled immigration. We want to continue to attract the brightest and the best people to the UK but with control on the overall numbers coming here.”


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