01/10/2016

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:00:00. > :00:00.the UK to set up home. But there have been votes to change all of

:00:00. > :00:00.that for Brexit. In this week's Talking Business, we

:00:00. > :00:35.look at the future for freedom of movement.

:00:36. > :00:38.Welcome to London. I'm Tanya Beckett. In the treaty, the European

:00:39. > :00:40.Union outlines for freedom is necessary for a single market, the

:00:41. > :00:48.free movement of goods, services, capital and labour. But able weight

:00:49. > :00:51.of anti-immigration feeling in the UK and other EU countries six to

:00:52. > :00:58.undermined the founding principle. What does that mean for the way we

:00:59. > :01:02.work and do business? There were 3.3 million EU nationals living in the

:01:03. > :01:07.UK, and one third of them in London. On average they tend to be younger,

:01:08. > :01:12.better educated and more highly skilled than indigenous Britons. And

:01:13. > :01:15.they are more likely to be employed according to government figures.

:01:16. > :01:20.Some employers say that these workers felt the skills gap in the

:01:21. > :01:25.economy but there is also evidence that migrant labour has depressed

:01:26. > :01:28.wages for low skilled workers. In the UK. With me now, a panel of

:01:29. > :01:36.guests each of whom have lived or worked overseas. Alexander is an

:01:37. > :01:41.entrepreneur who founded hassle .com, an online marketplace for

:01:42. > :01:45.cleaners, Professor Kristian is a director for the centre of research

:01:46. > :01:49.and analysis on migration at University College London, and Nina

:01:50. > :01:54.is the chief economist of a company that looks at the impact of economic

:01:55. > :02:00.and social policy. Welcome. Christian, is it possible to say

:02:01. > :02:05.whether immigration is generally a net benefit, if you look at a

:02:06. > :02:10.broader con me or not? -- economy. It depends which immigrants are

:02:11. > :02:14.going and what immigration we are looking at. Of course, it has

:02:15. > :02:23.changed our times dramatically. If you go back to the 1960s and 1970s,

:02:24. > :02:27.European countries needed and and skilled -- and a skilled workers,

:02:28. > :02:32.now we need skilled immigrants to fill those skill gaps.

:02:33. > :02:36.There are winners and losers, not everybody necessarily gains from

:02:37. > :02:46.migration. Some people may the end competition with immigrants which

:02:47. > :02:53.happens with distribution -- BN competition. And others may be

:02:54. > :02:58.benefiting. Nina, we have a situation where there is a level

:02:59. > :03:01.playing field with EU workers and non-EU workers, how does that affect

:03:02. > :03:06.the picture? Clearly there is a question about what kinds of workers

:03:07. > :03:10.firms will be able to recruit. More likely than not you would probably

:03:11. > :03:14.end up with some sort of system skewed towards higher skilled and

:03:15. > :03:19.higher paid workers, that is OK if you are a firm who hires those kinds

:03:20. > :03:22.of workers but actually, for firms in the accommodation and food

:03:23. > :03:27.sector, they are dependent on the lower skilled end and probably will

:03:28. > :03:31.not be able to fill those jobs any more if we don't have freedom of

:03:32. > :03:34.movement. Does the picture vary according to whether you are talking

:03:35. > :03:38.about low skilled or high skilled labour coming in, or is it necessary

:03:39. > :03:42.across the board if you are going to have net economic impact which are

:03:43. > :03:46.positive? Nina pointed out sunning important.

:03:47. > :03:58.-- something important. UK sector is producing blueberries which can also

:03:59. > :04:02.be sourced from Poland. In order to be competitive for a blueberry

:04:03. > :04:08.producing company in the UK, the company has to produce them for at

:04:09. > :04:17.least the same price as the Polish company. Paying higher wages would

:04:18. > :04:20.of course seriously harm the possibility and in all European

:04:21. > :04:24.countries we have workers coming from eastern countries to do this

:04:25. > :04:29.kind of work for wages which allow companies to be competitive. And to

:04:30. > :04:34.add another point, a lot of these workers are highly flexible. For

:04:35. > :04:37.example, seasonal fruit picking is the obvious example where you have

:04:38. > :04:42.people prepared to come over for a short period of time and return

:04:43. > :04:46.afterwards. What happens to those sorts of workers? Fruit picking is

:04:47. > :04:49.an example and it happens across sectors, becoming temporarily when

:04:50. > :04:58.firms he would otherwise be at full capacity. It's a net benefit to the

:04:59. > :05:03.economy. As someone who founded a business, you are very dependent on

:05:04. > :05:09.EU workers. It is essential for you, why? In the technology sector, 65%

:05:10. > :05:12.of my workforce who worked on the platform doing marketing,

:05:13. > :05:16.engineering and customer service were from outside of the EU. It is

:05:17. > :05:20.not just what we are selling but the business's make up. We are having

:05:21. > :05:26.this discussion in the context of the fact the UK has voted to leave

:05:27. > :05:32.the EU, Brexit. This will have an impact but we are not entirely sure

:05:33. > :05:36.what it will be on access to the UK for EU workers. But, if you look at

:05:37. > :05:44.the UK as a whole, how has it been affected I access to that workforce?

:05:45. > :05:50.Well, for an entrepreneur of a firm, it is advantageous to have access to

:05:51. > :05:55.a pool of workers of 500 million, rather than 60 million. From the

:05:56. > :06:03.perspective of firms, to be able to source skills and necessary skills

:06:04. > :06:09.from a larger pool is clearly an advantage. The EU is giving that

:06:10. > :06:18.advantage, and the other point is under free mobility, there is no red

:06:19. > :06:23.tape. I can see you nodding, it's easier to hire those in the EU from

:06:24. > :06:30.outside? It costs nothing, if I chose to hire a French developer, it

:06:31. > :06:38.costs me the airfare versus one from the UK, if you can find one, we did

:06:39. > :06:43.try to hire someone from Israel, outside of the EU, six months and

:06:44. > :06:47.?10,000 later I gave up, because of the red tape. People would argue

:06:48. > :06:52.that it would be easier once we treated everyone the same but, in my

:06:53. > :06:57.experience of the Visa Systems, the minute you put any kind of red tape

:06:58. > :07:02.that, it is costly and takes a long time, and it holds young companies

:07:03. > :07:07.or fast-growing companies like mine was, it holds them back. One of the

:07:08. > :07:11.issues raised with regards to immigration in the UK is the

:07:12. > :07:16.so-called fiscal burn. There's been a lot of debate about benefits, for

:07:17. > :07:20.example, off to immigrants and whether they pay their way, however

:07:21. > :07:25.you want to define that. What is your research tell you? That's an

:07:26. > :07:31.important aspect and the public is very concerned about it. We have

:07:32. > :07:37.done research for the UK, and we have found immigrants from European

:07:38. > :07:42.countries in particular pay far more in terms of taxes than what they

:07:43. > :07:47.take out interns of transfers and benefits. -- in terms. There are

:07:48. > :07:52.clear fiscal net contributions to the UK system. Why is that the case?

:07:53. > :07:56.Several reasons for that, one of those being that they draw less on

:07:57. > :08:02.benefits, and another very important reason is that they have high

:08:03. > :08:08.participation rates, the sheriff workers or people who come from EU

:08:09. > :08:14.countries in the workforce are higher than the native native

:08:15. > :08:18.workers -- share of workers. It increases their contribution. Nina,

:08:19. > :08:22.is there any need for UK workers to feel their jobs are being taken by

:08:23. > :08:28.immigrants? It's that feeling of threat isn't it, sometimes? Yes, I

:08:29. > :08:32.would imagine there are individual circumstances where people may be up

:08:33. > :08:37.against workers from overseas but, if you look in the aggregate at the

:08:38. > :08:41.kind of whole picture, you find that there is pretty much no link between

:08:42. > :08:44.unemployment and immigration. It's quite hard to say that jobs are

:08:45. > :08:48.being threatened, and let's not forget that a lot of workers and

:08:49. > :08:53.migrants come over here and create jobs and set up new companies. They

:08:54. > :08:59.provide prosperity for an area. It's not a one-way street. Do you think,

:09:00. > :09:02.Alex, the government fails to communicate exactly what Nina and

:09:03. > :09:07.Kristian are saying here? Without a doubt. I think there's a

:09:08. > :09:13.misconception that, and it was definitely in the run-up to Brexit,

:09:14. > :09:16.immigrants were taking jobs but the Wall Street Journal did a great bit

:09:17. > :09:22.of analysis where they overlaid immigration rates and also jobs that

:09:23. > :09:29.had left the region and gone to somewhere like China. There was no

:09:30. > :09:32.link between high levels of immigration and Brexit, but a

:09:33. > :09:37.correlation between high levels of job outsourcing overseas and Brexit.

:09:38. > :09:41.This is not a conversation on the around immigration but globalisation

:09:42. > :09:46.and how we have left behind generations of people who are not

:09:47. > :09:50.equipped for the current modern world of work. With technology we

:09:51. > :09:55.have hundreds of thousands of jobs open we do not have English people

:09:56. > :09:58.who have been coming out of university or retraining, able to

:09:59. > :10:03.fill those jobs. That is why companies like mine have to look

:10:04. > :10:07.overseas for talent to stay competitive and build valuable

:10:08. > :10:11.companies. Thanks for now. Later in the programme we will look

:10:12. > :10:15.at the potential impact of tighter Visa rules on firms trying to

:10:16. > :10:20.recruit and retain staff. First, our comedy consultant takes a

:10:21. > :10:25.light-hearted look at what tougher immigration rules could mean for

:10:26. > :10:33.workers and businesses in Ireland. He has this week Talking Point.

:10:34. > :10:36.I'm looking at Labour across borders, but first I need to find a

:10:37. > :10:42.border. They're with me... It's around here somewhere...

:10:43. > :10:47.-- bear with me. We are coming up to the border between the Irish

:10:48. > :10:51.Republic and the North of Ireland, which is in the UK. We are coming up

:10:52. > :10:55.to the border, and we've passed it already. You would not even know it

:10:56. > :10:59.was there. The only way you would know is that the speed limit has

:11:00. > :11:03.changed from calamitous power to miles per hour.

:11:04. > :11:07.They used to be a hard border but since 1994 and the Belfast peace

:11:08. > :11:11.agreement, that's all changed and people on both sides of the border

:11:12. > :11:14.move freely every day to work and play.

:11:15. > :11:21.However, something has threatened to rain on the parade of free movement

:11:22. > :11:28.of labour between North and South and that rainy shower is Brexit.

:11:29. > :11:31.Hardening of the border is inevitable and Brexit. Economic

:11:32. > :11:40.activity, and any change in the nature of the border as it currently

:11:41. > :11:48.operates between the UK and Ireland can have an effect, particularly at

:11:49. > :11:52.a local level. This is done dork, a town four miles from the border of

:11:53. > :11:56.Northern Ireland and the Irish Republic. I've come here to see what

:11:57. > :12:00.people are thinking about the Brexit effect. OK, so there's no hard

:12:01. > :12:05.border yet, this is all conjecture about the future, there are no

:12:06. > :12:09.soldiers with guns or spears to stop me from crossing across the border

:12:10. > :12:13.but as the dark clouds of Brexit gather in this area, there's a real

:12:14. > :12:21.fear about the of Brexit and the return of a hard border on the work

:12:22. > :12:27.lives of people here. It's no coincidence that the major town

:12:28. > :12:32.suffering over the last few decades are border towns. It tells you the

:12:33. > :12:35.economic impact border has, it kills trade, and makes life more difficult

:12:36. > :12:41.because it imposes barriers. What about the impact of Brexit and

:12:42. > :12:45.possibility of a new hard border on the lives of ordinary people, people

:12:46. > :12:51.who come from the north across the border to work at large companies

:12:52. > :12:56.like PayPal behind me. PayPal came to Dundalk in 2011. A company like

:12:57. > :13:01.that employers approximately 10 cents of the workforce from abroad

:13:02. > :13:06.-- from the north. But there are many travelling north

:13:07. > :13:10.to south every day. That will cause strife if we have a hard border. The

:13:11. > :13:23.free movement of people and labour is extremely positive. It encourages

:13:24. > :13:27.people to participate in activities either side of the border. I'm on

:13:28. > :13:30.this side of the border to -- border to show that there was no way rain

:13:31. > :13:38.can be stopped. Imagine if you years' time cues here

:13:39. > :13:42.at immigration? But is not just to stop people getting to and from work

:13:43. > :13:46.of the principle of the free movement of labour is under attack

:13:47. > :13:55.in the USA and all over the industrialised world.

:13:56. > :14:01.The omnipresent Colin with his own take on free movement. There are

:14:02. > :14:06.more of his short films available on the website. Other

:14:07. > :14:15.-- our guests are still here in the studio. Alex, let's start with the

:14:16. > :14:19.idea that you can tailor immigration in a way that the people coming into

:14:20. > :14:23.the country, the workers coming into the country, sort of plug holes. I'm

:14:24. > :14:31.talking about a points system and it has been discussed, what you think?

:14:32. > :14:39.Controls must be carefully considered. Right now, let me make

:14:40. > :14:42.the point, BCG came up with an interesting study recently that

:14:43. > :14:46.demonstrated the Internet contributes over 10% to the UK

:14:47. > :14:51.economy every year, and that growing. Second behind property.

:14:52. > :14:55.Outstripping manufacture and retail. The UK has to look carefully about

:14:56. > :14:58.what it wants to be when it grows up and I argue that we should be and

:14:59. > :15:03.fast becoming a digital nation and if we want to be that and on the

:15:04. > :15:08.cutting edge, we need immigration to plug the holes and secondly, we had

:15:09. > :15:12.to invest heavily in our education system which is currently failing

:15:13. > :15:17.those people going through it and coming out the other side. What do

:15:18. > :15:21.you think of the idea of a points system, it seems like a blunt tool?

:15:22. > :15:27.And short-sighted? In principle it is a wonderful idea, you have a

:15:28. > :15:31.system that allows you to tailor immigration precisely to the needs

:15:32. > :15:35.of the economy but, that same principle. In practice, the needs of

:15:36. > :15:40.the economy first must be understood and communicated to those people who

:15:41. > :15:44.set up a points system, and that takes time. We are in dynamic

:15:45. > :15:50.competition with the rest of the world. These processes could be very

:15:51. > :15:54.detrimental for companies who need skills now and not next year, after

:15:55. > :16:01.the points system has been adjusted in the way that those skills are

:16:02. > :16:05.considered. Red tape, that we introduced with a

:16:06. > :16:10.points system in particular, if we want to apply it to European

:16:11. > :16:15.workers. So that suggests really that our labour needs are very

:16:16. > :16:18.fluid, particularly in a modern and fast moving developed economy?

:16:19. > :16:22.That's absolutely right, and really what you want is some kind of

:16:23. > :16:27.flexible system that allows firms to hire the people they want when they

:16:28. > :16:32.want. The points-based system to me is bureaucratic, let's face it. It's

:16:33. > :16:35.bureaucratic. You need to go through applications and see who fits

:16:36. > :16:43.freezer requirements, etc. It does not fit the dynamic economy.

:16:44. > :16:49.-- fits the requirement. Where have you seen a fact? Across-the-board

:16:50. > :16:53.and digital. Talk to 16-year-olds not long ago, I asked them what jobs

:16:54. > :16:57.they wanted to do, and it was banking, lawyers, teachers.

:16:58. > :17:01.Not one of them knew what a full stack developer or a performance

:17:02. > :17:06.manager was. There is a massive shortage of these

:17:07. > :17:11.jobs and that's before we get into machine learning, and AI. Cutting

:17:12. > :17:15.edge stuff, only a handful of universities, pockets of people

:17:16. > :17:19.around the world, can do that. If the UK wants to stay at the

:17:20. > :17:27.cutting-edge, we must bring those resources to the UK to develop those

:17:28. > :17:32.kinds of technologies. With my company, I had engineering vacancies

:17:33. > :17:35.for six months at a time. We recruited across the UK and Europe

:17:36. > :17:43.and I ended up with a development team that is 85% European. On the

:17:44. > :17:48.skills point, one issue some sectors have is that they are essentially

:17:49. > :17:51.stuck in a Catch-22 situation, you won not getting enough UK graduates

:17:52. > :17:57.and skilled workers coming through the education system but you

:17:58. > :18:04.do have a shortage of teachers of that as well. So we need to make

:18:05. > :18:09.sure that there are teachers available... Can it be done? I think

:18:10. > :18:13.so but you cannot really do without migration, even if it is just in the

:18:14. > :18:17.short-term, to get the numbers up so that we can start training people to

:18:18. > :18:25.the levels we actually need. It sounds a little bit like the in

:18:26. > :18:34.economy is in some way dysfunctional -- like the UK economy.

:18:35. > :18:40.Is it a normal situation or is it deficient? After 1989, we saw the

:18:41. > :18:46.world growing and competition between countries, which before we

:18:47. > :18:50.had two different parts of the two blocks.

:18:51. > :18:58.It has created much more dynamics in International business, and the

:18:59. > :19:04.Bruton has become shorter, demand for skills came up cricket and the

:19:05. > :19:08.debate cannot be separated when we talk about skills with a domestic

:19:09. > :19:13.production of skills with universities and schools. In the UK,

:19:14. > :19:17.we need to do much better than we are doing at the moment. But, apart

:19:18. > :19:22.from that, all developed countries are very heavily dependent on being

:19:23. > :19:29.able to source skills from other countries than their own at the

:19:30. > :19:33.moment. Nina is vigorously nodding! Do you think as and when Britain

:19:34. > :19:38.leaves the EU we will be faced with a situation where the government has

:19:39. > :19:41.Turner take action? -- has to take action? Yes, and the

:19:42. > :19:47.biggest challenge will be for the firms taking on low skilled workers,

:19:48. > :19:50.it is hard to see how they win under a system where freedom of movement

:19:51. > :19:55.is taken away. I think they will have to adapt,

:19:56. > :19:59.whether it is being paid more, it's difficult if you are competing

:20:00. > :20:04.overseas in manufacturing, for example. Or you need to think about

:20:05. > :20:08.automation. Be less reliant on the skilled

:20:09. > :20:10.workers and more reliant on Middle skilled and high school workers

:20:11. > :20:16.which would be a big challenge for firms, I think. Do you think that

:20:17. > :20:20.business has to fundamentally adjust the model in order to accommodate

:20:21. > :20:26.what we might well see, which is the turning off of taps when it comes to

:20:27. > :20:30.access to EU workers question might guess, but I think we have an

:20:31. > :20:34.obligation as businesses to do so. Whether we leave the EU or not, we

:20:35. > :20:37.must match supply and demand in the workforce, there is a great plethora

:20:38. > :20:42.of jobs out there which are well paid. There is this disenfranchised

:20:43. > :20:47.popular wrists who do not want to do low skilled work, who can blame

:20:48. > :20:51.them? The education system must be rethought at every level, we had to

:20:52. > :20:54.retool these people to do different jobs in the workforce.

:20:55. > :20:59.And how we educate the population, to ensure that we are not dependent

:21:00. > :21:03.on migration and we are producing the right people for the right jobs

:21:04. > :21:07.here in the UK. Nina, much has been said around the low skilled end of

:21:08. > :21:12.the workforce and the concern has been, I think this has been fairly

:21:13. > :21:16.compensable, there has been pushing down of wages that that end of the

:21:17. > :21:20.spectrum. Would wages go back up if we no longer had access to those EU

:21:21. > :21:24.workers who were doing the low skilled jobs? You are right, there

:21:25. > :21:28.has been some limited effect in the terms of wages of those killed

:21:29. > :21:31.workers. Yes, it is possible, I think some firms would want to

:21:32. > :21:37.respond by paying more to attract workers if they could not rely on

:21:38. > :21:40.overseas workers so much. However, in a competitive industry, you

:21:41. > :21:45.cannot do that. You need to keep an eye on your costs, you are competing

:21:46. > :21:48.with firms overseas and I think in some sectors, what they are probably

:21:49. > :21:54.going to end up doing is rely less on those low skilled workers and

:21:55. > :21:57.rely on things like machinery, more automation and technology, and that

:21:58. > :22:06.will be the way out. Thank you to all of you very much.

:22:07. > :22:10.That's all from Talking Business in London, join us next week when

:22:11. > :22:14.Michelle Fleury will be in New York, looking at the backlash against

:22:15. > :22:25.international trade agreements. Goodbye.