Britain will suffer from limiting the number of skilled immigrants, the Lord Mayor of London has warned.
Nick Anstee spoke out amid concerns in the Square Mile over Conservative plans for a cap on the number of non-EU economic migrants.
“Globalisation is part of our DNA in the City,” Mr Anstee told ambassadors and ministers at the Mansion House’s Easter banquet last night.
“The UK needs to guard against any attempt to block skilled immigration or access to the global talent pool. Capital can move very easily, so can talent. We will always champion an immigration policy which favours and welcomes overseas skilled citizens to spend some of their career in London.”
Shadow home secretary Chris Grayling today stressed that a Tory government would continue to attract the “brightest and the best” people but with a control on the overall total, bringing the country into line with the US and Australia.