Immigration changes welcome but overall policy puts growth at risk - CBI
The CBI commented on the immigration speech by Home Secretary Theresa May, at Policy Exchange. It welcomed the changes announced but warned that the overall thrust of policy risked holding back growth.
Neil Carberry, CBI Director for Employment and Skills said:
“It’s vital for Britain to be seen as open for business. Employers need a system which doesn’t just control migration but attracts the skilled workers the economy needs, who would otherwise go to our competitors.
“Firms say UKBA’s ongoing weak operation and unacceptable delays are creating a long lasting, negative perception of Britain as a place to do business. Getting a firm grip on this has to be the top priority for ministers.
“The net-migration target is unlikely to be met by 2015, despite ongoing reforms. We are concerned that yet more short-term changes to hit this political goal risks holding back growth, deterring investment and damaging universities. Businesses need policy stability - so we welcome early indications from Home Office that it will keep further changes to a minimum.”