• Tuesday, April 23, 2024

Business

Brexit ‘will be challenging for UK firms dependent on foreign workers’

Ending EU migration will impact the British economy

By: Eastern Eye Staff

A cut to migration after Britain voted to leave the European Union would prove challenging for food and clothing manufacturers, as well as domestic personnel services, which rely more heavily on a foreign labour force, a report warned on Monday (15). Immigration was a focus point of the June 23 referendum, with campaigners to leave the EU calling for an end to freedom of movement for members of the bloc. Companies risk closure unless they can revamp their businesses, the Resolution Foundation said, adding that replacing migrant workers in such firms with UK workers was not that simple a solution,…

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