International Business

Access to skilled EU workforce 'vital' for London

​London, Jan 6 (IANS) Maintaining London's access to skilled European Union (EU) workers after Brexit is "vital" for the British capital's future prosperity, a report revealed on Friday.

The report by non-profit organisation London First said business leaders were worried that any restriction on skilled migration would "impede London's ability to attract talent", the BBC reported.

It found that leaving the EU will present "challenges" and "opportunities" to the capital to keep it competitive on the world stage.

In the report, which is based upon talks with business leaders, London First said the city had "one of the greatest concentrations of talent and skills in the world" and future policies should try to maintain this.

The authors said challenges created by economic growth would have to be addressed to keep the city open for business, the BBC said.

These included better transport infrastructure, improved skills training in the capital and the faster delivery of new housing.

The report added that improving cooperation with other UK cities will also help London drive growth across the country.

British Prime Minister Theresa May has not confirmed her plans for freedom of movement after Brexit.

But she has promised to secure a settlement that "addresses the concerns of the British people about free movement".