KPMG comments on today’s ONS migration data - KPMG United Kingdom
close
Share with your friends

KPMG comments on today’s ONS migration data

KPMG comments on today’s ONS migration data

1000

Also on home.kpmg

Punam Birly, Employment & Immigration Partner at KPMG UK said:

 

“The supply of EU labour which has bolstered the UK economy for so long is ebbing away. In part this is being driven by factors such as exchange rates, but reports suggest an increasing number of EU citizens view Britain as a less attractive and more uncertain place to be.  Consequently we’re seeing a rebalancing of the people economy as the flow of EU migrants, especially from Eastern European countries, is substituted by a new flow of workers and students from outside of the EU, particularly South Asia.”

 

James Stewart, Head of Brexit at KPMG UK said:

 

“Our economy’s requirement for workers means that people are now being drawn from all over the world to fill UK jobs. UK employers are increasingly involved and proactive in this, we’re seeing a growing number actively targeting overseas talent.  Given the direction that migration policy is going in, a period of restructuring looks pretty inevitable now, as the relative cost of automation becomes more attractive.”

 

 Ends.

  

For further information please contact:

Paul Middleton, KPMG Corporate Communications

Tel: (0) 20 7694 2180 / Mobile: 0738 725 7543 / Email: Paul.Middleton@kpmg.co.uk

 

KPMG Press Office

Tel:  +44 (0) 207 694 8773

 

About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 14,500 partners and staff.  The UK firm recorded a revenue of £2.2 billion in the year ended 30 September 2017. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 154 countries and territories and has 200,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such.

Connect with us

 

Request for proposal

 

Submit