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Competing for talent: global mobility, immigration and the City of London's labour market

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Author Info

  • Jonathan V. Beaverstock
  • Sarah Hall

Abstract

The City of London's competitiveness is founded on its global talent pool and ability to attract and retain workers of all nationalities. Drawing on ONS Long-Term International Migration data and fieldwork-based studies of banking, professional services and business education, the argument of this paper is 2-fold: that the City's competitiveness is significantly dependent on the functioning of its global labour market, of which a key factor is the immigration of European Economic Area (EEA) and non-EEA talent, and that a central determinant of the City's position as a leading international financial centre based around a highly competitive global labour pool will be UK immigration policy in the wake of the financial crisis of 2007--2008 and ensuing recession. Copyright 2012, Oxford University Press.

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File URL: http://hdl.handle.net/10.1093/cjres/rss005
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Bibliographic Info

Article provided by Cambridge Political Economy Society in its journal Cambridge Journal of Regions, Economy and Society.

Volume (Year): 5 (2012)
Issue (Month): 2 ()
Pages: 271-288

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Handle: RePEc:oup:cjrecs:v:5:y:2012:i:2:p:271-288

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Cited by:
  1. Ozgen, Ceren & Nijkamp, Peter & Poot, Jacques, 2013. "Measuring Cultural Diversity and its Impact on Innovation: Longitudinal Evidence from Dutch Firms," IZA Discussion Papers 7129, Institute for the Study of Labor (IZA).

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