Migration and London’s Economy
You may wish to see some analysis on migration and the impact on London’s Economy:
Today, London First and PwC have published an unrivalled analysis of the role migration plays in London’s economy. For the first time we now have a detailed and robust picture of the people living and working in the capital.The full report, Facing Facts is the first analysis of its kind, and has drawn on a comprehensive range of information, including ONS data. It finds that the economic value generated by London’s 1.8m migrant workers is £83bn per year and roughly 22% of the capital’s Gross Value Added.Access to talented and skilled people is the number one concern for businesses across London, and should be central to the reshaping of our relationship with Europe and the rest of the world.In the coming months London First will continue to make the case for a migration system, and a Brexit agreement, that works for business, London and the rest of the UK. If you would like any further details, please do get in touch.