UK immigration needs flexibility to lure talent

In the Lord Mayor’s comment piece for the City AM newspaper he said it is clear that the City lies at a crossroads and what is  needed now was certainty, clarity and confidence in the business environment when it comes to reform.

The new government provided some much needed detail on this front last week by publishing its coalition agreement, he said.

“We welcome the Chancellor’s commitment to create the ‘most competitive corporate tax regime in the G20’, and one that underlines the fact that Britain is open for business. Only by continuing to attract the top institutions and individuals can we maintain our position in the international marketplace.

This is the reason why the country needs a flexible UK immigration policy for skilled migrants capable of filling gaps in the labour market. Turning away talent makes little business sense, the Lord Mayor added.

People from across the globe gravitate towards the City because of the financial and professional services cluster and foreign direct investment contributes more than a quarter to London’s economy, generating over £52bn each year.

Whilst some people view the predicted shift in the financial centre of gravity towards Asia as a threat to London’s position, the Lord Mayor said he prefers to see it as a great opportunity for closer partnership and mutual growth.

The UK Visa Bureau is an independent consulting company specialising in  helping people lodging their applications for a UK visa with the British Embassy