Africa Map

African Press Agency

African Press Agency Logo
   

 Home
 Culture/Media/IT
 News
 Environment/Natural Resources
 Events
 Religion/Civilisation
 Business/Finance
 Global Conflicts/Terrorism
 Features
 Sports
 Science & Tech
 Economic & Social Development
 Energy/Mining
 Country Profile
 Useful Links
 Contact us

Home

Banks/UKBack
[Published: Friday May 11 2018]

 Banks seek UK visa waiver after Brexit

 
LONDON 11 May (ANA) - Global banks in Britain are calling for a special work visa waiver after Brexit to preserve the City of London’s standing as a top global financial centre, two industry sources said, a move that would be more generous than the current arrangements.
 
The industry is demanding a new arrangement where international staff posted to Britain for less than six months will be able to come and go freely without having to apply for a work visa before they travel, the sources said.
 
The proposal is a core recommendation in a draft report by TheCityUK, which promotes Britain’s financial services sector, and consultants EY, the sources said.
 
The report has been shared with the Home Office and Treasury and is the most detailed request yet by Britain’s finance industry to the government about how it wants immigration policy to look like after Brexit.
 
Executives in the City of London, home to global foreign exchange, bonds and fund management operations and to more banks than any other financial centre, have expressed concern that a crackdown on immigration after Brexit may hamper their ability to find staff with the right skills.
 
The document is due to be formally announced in ten days time at an event where the immigration minister Caroline Nokes is due to give a keynote speech.(ANA)
FA/ANA/11 May 2018-----
 
 
 

North South News website

Advertise banner

News icon Saudi Arabia/Khashoggi
News icon Somalia/Ambulance
News icon Black Sea/Shipwreck
News icon Saudi/Jamal Khashoggi
News icon France/Niqab
News icon Bomb/Soros
News icon Iraq/Bomb
News icon Trump/China
News icon China/Bridge
News icon Madagascar/Human Rights

AFRICAN PRESS AGENCY Copyright © 2005 - 2007