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Peer wants revised salary cap for migrants

THE incoming boss of Britain’s biggest business lobby has urged ministers to drop former prime minister Theresa May’s proposed £30,000 minimum salary threshold for skilled migrants.

Lord Karan Bilimoria, president-designate of the CBI, said the requirement was “impractical” and claimed it was also “ruining” the south Asian restaurant trade in the UK.


He also warned the move would hit the NHS and construction and leisure sectors hardest.

Chancellor Sajid Javid had indicated the threshold could be reviewed while he was home secretary in May’s government.

Lord Bilimoria, 57, said: “An open economy like Britain has had access to the best talent- including the European Union.

“The public sector wouldn’t survive without them- there are 130,000 EU workers in the NHS and care sector alone.

“In the Indian restaurant sector, we have struggled with the immigration rules at the moment, because restaurants can’t bring in the chefs they need.”

The £30,000 threshold for skilled workers was put forward in a white paper last December despite opposition from some of May’s cabinet, who argued it should be lower.

Lord Bilimoria also hit out at Johnson for his “f*** business” comment in response to corporate concerns over a no-deal Brexit. He said: “He shouldn’t have said it. It really cheesed me off and cheesed business off.

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Russian oil producers

This also aligns with US sanctions on major Russian oil producers Rosneft and Lukoil, set to take effect on Friday.

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Reliance halts Russian oil imports at export refinery amid global pressure

Highlights

  • Reliance Industries has stopped importing Russian crude oil for its export-only refining unit at Jamnagar in Gujarat.
  • The European Union has barred the import of fuel made from Russian crude, starting January 2026.
  • India's crude oil imports from Russia have surged from 2.5 per cent before the 2022 Ukraine war to around 35.8 per cent in 2024-25.
Reliance Industries, owned by billionaire Mukesh Ambani, has stopped importing Russian crude oil for its export-only refinery at Jamnagar in Gujarat.

Reliance said the move aims to comply with an EU ban on fuel imports made from Russian oil through third countries, which takes effect next year. It also aligns with US sanctions on major Russian oil producers Rosneft and Lukoil, set to take effect on Friday.

"This transition has been completed ahead of schedule to ensure full compliance with product-import restrictions coming into force on 21 January 2026," Reliance said in a statement.

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