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Worried UK employees call for changes to proposed immigration reform

A coalition of British industry groups and education bodies, worried by the prospect of Brexit worsening skills and labour shortages, has called for the next prime minister to relax proposed reforms of the immigration system.

The #FullStrength campaign said on Wednesday it had written to both Boris Johnson, frontrunner to be the next leader of the Conservative Party and prime minister, and his rival, foreign minister Jeremy Hunt, calling for the government they would lead to lower the salary threshold proposed in draft immigration legislation from 30,000 pounds to 20,000.

In December, Britain set out in a policy paper the biggest overhaul of its immigration policy in decades, ending special treatment for European Union nationals.

Concern about the social and economic impact of immigration helped drive Britain’s 2016 referendum vote to leave the EU.

#FullStrength brings together bodies including London First, techUK, the British Retail Consortium, the Recruitment & Employment Confederation, UKHospitality, the Federation of Master Builders and Universities UK. Collectively they represent tens of thousands of businesses and employ millions of workers across all sectors and regions of Britain.

Their joint letter said more than 60% of all jobs in the UK currently fall under the proposed 30,000-pound salary threshold, highlighting the risk in setting the future level too high for vital services such as health and social care.

Read More – www.msn.com

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Brexit Strikes: Panasonic To Move Europe Headquarters From UK To Amsterdam

In the run-up to March 2019, a number of multinational firms have said they plan to move jobs out of the UK, including several Japanese financial companies who intend to move their main EU bases away from London.

Panasonic’s decision was driven by a fear that Japan could start considering the UK a tax haven if it cuts corporate tax rates to attract business said Laurent Abadie, Panasonic Europe’s Chief Executive.

If Panasonic ends up paying less tax in the UK, that could in turn make the firm liable for a bigger tax bill in Japan.

Mr Abadie told the Nikkei Asian Review that Panasonic had been considering the move for 15 months, because of Brexit-related concerns such as access to free flow of goods and people.

Panasonic Europe later issued an official statement confirming that it was transferring its regional headquarters from Bracknell in the UK to Amsterdam from 1 October.

The reasons for the move include “improved efficiency and cost competitiveness”.

It said “fewer than approximately 10” people would be affected out of a staff of 30.

“No Panasonic UK business operations will be affected by the EU headquarters move,” the statement added.

Britain voted to leave the EU in 2016, but with less than a year to go, the UK and the EU are struggling to reach consensus on the terms of the exit.

Japan is a major investor in the UK, with over 800 Japanese companies employing more than 100,000 people.

However, financial firms including Nomura, Sumitomo Mitsui and Daiwa have already said they will no longer maintain their EU headquarters in London.

Read More – www.recruitingtimes.org