City of London chiefs have published new proposals for a London visa system
The City of London has published plans for a new scheme to allow square mile businesses to recruit talented workers in the aftermath of Brexit.
In a report published with PWC, the City has offered two models for future systems which would allow for regional systems, as long as live in the region in which they work.
In both cases, workers could apply for either a short or long term visa, with an option for permanent residency after five years.
City of London policy chairman Mark Boleat, said: “This is not a London solution to a national problem, but actually something that can support growth outside of the capital across a wide variety of sectors.
“Local businesses are best placed to know their employment needs in their area, so they should be playing the lead role in filling job vacancies internationally and addressing local skills shortages.”
London Mayor Sadiq Khan has been pushing for a scheme to protect London businesses wishing to access European talent since the Brexit vote.
The research has been circulated to both Downing Street and City Hall, and a spokesman for Khan welcomed the contribution, adding that Greater London Authority officers had been tasked to examine the proposals in more detail.
“Sadiq is interested in any proposals that will ensure businesses in London get access to the skills and talent they need in order to grow – this is crucial for protecting jobs and prosperity across Britain.
“The Mayor looks forward to discussing the report with the Corporation of London."
Research presented also found that roughly a third of the City's workforce is from outside of the UK, with 12 per cent coming from Europe.