Brexit

City lobby group calls for open immigration after Brexit

TheCityUK joins fintech trade body in calling for a 'flexible' approach to immigration after the UK exits the EU

City lobby group calls for open immigration after Brexit

The City's main lobby group has called for an open-door immigration policy for the UK in the wake of Brexit — warning that the end of free movement for workers could quadruple the cost of hiring foreign staff.

In a report published on Monday in partnership with EY, TheCityUK looked at the immigration needs of the financial and related professional services industries, which employ 2.3 million people across the country.

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