close menu

Concerns over shrinking international talent pool

by John Dunn | Jul 16, 2014
  • A recent study by the Migration Observatory at the University of Oxford revealed that the government's immigration crackdown is effectively shrinking the international talent pool for British business.
    skyscrapers against the sky
    The study claims that the “best and brightest” are shying away from living and working in the UK, despite David Cameron’s insistence that his party’s attempts to reduce net migration allow the most highly skilled migrant workers into the country.

    Business Secretary Vince Cable described the findings as “deeply worrying”: “The net migration target, which was not government policy, has clearly had a damaging impact on UK plc by reducing the talent pool available to companies based here,” he said.

    “The harder we make it for international companies to employ the very best executives,” Cable added, “the harder it is to sell the UK as a place to do business and foster employment opportunities.”

    Key findings in the study:

    • The number of migrants from outside the EEA decreased by 39% from 2011 to 2013.
    • Overall, the number of highly-skilled migrants in the UK dropped 10% between 2011 and 2013. 
    Although researchers were unsure of the precise cause behind the changes in these immigration patterns, they did note government policies as a potential factor. Simon Walker, Director-General at the Institute of Directors, called it a “lose-lose situation”, saying that the decline in numbers of non-EU migrants and rise in skilled European migrants was “very much in contrast” to the government’s drive for productivity and competitiveness.

    Responding to the research, UK Immigration Minister James Brokenshire said it was “clearly nonsense” to suggest that Home Office policies were preventing companies from appointing the skilled workers they needed.

    “This report shows that UK companies have access to the labour market across the EU, which has a combined population of 500 million people, and can still recruit highly skilled migrants from outside the EU,” he said.

    Thousands of skilled worker visa applications are refused every year. Our immigration team will ensure that your application is successful the first time round. 

    We are a professional services company that specialises in cross-border financial and immigration advice and solutions.

    Our teams in the UK, South Africa and Australia can ensure that when you decide to move overseas, invest offshore or expand your business internationally, you’ll do so with the backing of experienced local experts.

    • visa application
      What’s the difference between a UK Marriage Visitor visa and a spouse visa?
      Nov 08, 2019  |  by John Dunn
    • Sydney skyline
      Invest in Australian property and earn permanent residency for you and your family
      Oct 18, 2019  |  by Sam Hopwood
    • Australia-look-see.png
      Everything you should do on your look-and-see visit to Australia
      Aug 12, 2019  |  by Sam Hopwood
    • Porto cityscape
      10 reasons to move to Porto, Portugal
      Jul 29, 2019  |  by John Dunn
    • Oxford-street
      Everything you ever wanted to know about applying for a UK Tier 2 (General) visa
      Jul 18, 2019  |  by John Dunn
    • Australia skyline
      Landed a temporary job Down Under? Get an Australian working holiday visa
      Jul 08, 2019  |  by Guest writer
    • sydney-australia
      Australian visa processing times: How long you’ll wait for approval
      Jun 27, 2019  |  by Sam Hopwood
    • British passport and citizenship approved
      British citizenship and indefinite leave to remain: Why you need to know the difference
      Jun 25, 2019  |  by John Dunn
    • seven-corners-image
      The importance of purchasing travel insurance with a Tier 4 UK student visa
      Jun 13, 2019  |  by Guest writer
    • kangaroos
      Two new Aussie visa routes for skilled migrants
      May 23, 2019  |  by Sam Hopwood
     
     

    South Africa

    Cape Town

    Regent Square
    Doncaster Road
    Kenilworth 7708 +27 (0) 21 657 2120

    Durban

    25 Richefond Circle
    Ridgeside
    Umhlanga 4320 +27 (0) 31 536 8844

    United Kingdom

    Croydon

    One Croydon
    12-16 Addiscombe Road
    Croydon CR0 0XT +44 (0) 20 7759 7514

    Australia

    Melbourne

    9 Yarra Street
    South Yarra
    VIC 3141 +613 (0) 8651 4500

    Sable International is a trading name of 1st Contact Money Limited (company number 07070528), registered in England and Wales. We are authorised and regulated by the Financial Conduct Authority in the UK (FCA no. 517570), the Financial Services Conduct Authority in South Africa (1st Contact Money [PTY] Ltd - FSP no. 41900) and hold an Australian Financial Services Licence issued by ASIC to deal in foreign exchange (1st Contact Group - AFS Licence number 335 126).

    We use cookies to provide the best website experience for you. Using this website means that you agree to this. How we use cookies.