News Archive - December 2018

Immigration UK Crackdown Could Cause Companies to Go Bust

16 Dec 2018 | Posted by Carl Thomas

 According to some analyst predictions, new regulations around the UK work permit issued by Theresa May's government after Brexit could mean serious problems for British companies.

Difficulty obtaining a tier 2 work permit means that many UK organisations could end up going bust, sparking substantial job losses across the country according to the head of Britain's business lobby group, the Confederation of British Industry.

Director General of CBI, Carolyn Fairbairn says that the measures aimed at restricting low-skill UK visas could have severe consequences. Fairbairn has even warned the prime minister against using "derogatory" terms about people outside of the country looking to obtain a UK work permit.

UK work permit struggles have been very significant lately in the light of impending Brexit decisions. Not long ago, Theresa May and her government revealed that after Brexit, EU migrants wouldn't necessarily be able to "jump the queue" for British Naturalisation.

Fairbairn said that business leaders have significant concerns about the state of immigration in the years to come. Already, many companies are starting to see problems with hiring staff, now that fewer EU migrants are entering the economy with the correct tier 2 work permit.

According to the most recent snapshot delivered into the labour market by the Recruitment and Employment Confederation and the accountancy firm KPMG, the overall availability of staff has continued to decline throughout the last couple of months.

Additionally, with the now uncomfortable landscape for the UK work permit, UK employees are demanding higher salaries. Surveys show that pay for even temporary workers rose by the fastest pace in a decade during November 2018, speaking to the skills shortage in the UK.

As companies continue to struggle to find the talent that they need within the UK, issues regarding the work visas available to talent outside of the country will continue to grow.