RELO NEWS
One in three tech companies in London have seen talks with potential international hires fall through due to Britain’s decision to leave the European Union.
According to a survey from industry body Tech London Advocates, nearly two-thirds of London’s tech entrepreneurs believe Britain’s vote to leave the European Union has already damaged the international reputation of the city’s tech sector, although they still said it was the best place for start ups.
Employers in the UK are finding it harder to fill jobs after the steepest decline in candidate availability for 16 months, according to the Recruitment & Employment Confederation (REC).
The REC report which compiled data from 400 recruitment companies shows Brexit influence on the jobs market as workers become more reluctant to move jobs and EU nationals less likely to relocate to the UK due to uncertainty over future immigration rules.
The Mayor of London, Sadiq Khan, has spoken of plans to create a separate work permit system for London after Britain leaves the EU.
Mr Khan told Sky News this week that a group of business representatives were looking to create “a model that will ensure we can carry on recruiting and attracting talent”.
