Immigration policy puts growth at risk – CBI

The CBI has welcomed the immigration changes announced by Home Secretary Theresa May but warned that the overall thrust of policy risked holding back growth.

Commented on the immigration speech by Ms. May, at Policy Exchange, 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.

Mr. Carberry said that despite ongoing reforms, UK was unlikely to meet the net-migration target by 2015.

“We are concerned that yet more short-term changes to hit this political goal risks holding back growth, deterring investment and damaging universities,” Mr. Carberry said. “Businesses need policy stability – so we welcome early indications from Home Office that it will keep further changes to a minimum.”

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