Who’s going to be the next victim? Finance industry now requests EU workers from the government

Who’s going to be the next victim? Finance industry now requests EU workers from the government

The financial industry in the United Kingdom has urged the government to ease visa requirements for foreign workers who wish to spend up to six months in the country in order to keep the country competitive internationally.

Researchers from the City of London Corporation and EY say that a "hybrid" short-term visa would allow workers to enter the country without the hassle of going through the lengthy visa application process.

Without it, TheCityUK CEO Miles Celic told Reuters, "we will not be able to innovate in key growth areas like fintech or green finance, nor will we be able to build out our international trading networks."

International workers make up 42% of fintech's workforce, according to the study.

Nearly 20 percent of the employees in the UK's financial services sector are non-UK citizens.

However, since the implementation of new immigration rules following Brexit in January of this year, companies have had to deal with an increase in the cost of hiring talent that will keep Britain relevant in the global financial sector.

Other UK industries, such as hotel, meat and transport have urged the government to hire foreign workers so that food and fuel shortages do not get worse.

Last weekend, the government announced that it would grant short-term, temporary visas to 5,000 truck drivers and 5,500 poultry workers.

It also sent letters to approximately one million UK lorry drivers who were deemed eligible to become or return to working as lorry drivers, according to the organisation.

Ambulance drivers, paramedics, and motorhome owners were among the recipients, as were German citizens who obtained their driver's licences prior to 1999 and are permitted to drive small to medium-sized trucks up to 7.5 tonnes.

A Kent man told The London Economic that he took his HGV driving test three years ago just so he could drive a motorhome. Peter Brissenden believes that the government's "scattergun approach" to hiring lorry drivers shows how desperate they are.

"The letter I've received shows a complete scattergun approach by a government that is desperate to try and solve a problem that they have entirely created," he said.

Despite the fact that Covid is partly to blame, "the reason why we have no foreign drivers in the UK is because a lot of them went home post-Brexit," said one official.

In a damning Facebook post published earlier this week, EU truck drivers rejected calls for them to come to the UK and work.

Romanian driver George Mihulecea said in a Facebook group called 'Koleka Problem' that "most of the drivers left for work conditions reasons" and that coming to the UK is no longer "worth it.".

"Good luck to them," he concluded. Drivers, they believe, are idling at the border, hoping to be hired in the United Kingdom.

This is just the beginning; warehouse workers will follow drivers out the door.

According to the UK government's proposed post-Brexit visa rules, Vytautas Bielskis from Breda, the Netherlands, has "no chance" of coming to work in the UK.

Marius Blekaitis said, "Boris hopes that 5,000 drivers will work overtime," while displaying an emoji of a middle finger.

Getting out of Britain "again," according to Blekaitis, would entail helping the UK with Boris Johnson's "best deal ever shit."