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Brexit opportunity not threat for tech sector says MEP

brexit opportunity not threat for tech sector says mep business manchester

Commitments in Brussels have hindered participation in a significant tech event in London, yet the discussion on tech and immigration remains vital. A notable concern among the tech community is the potential talent scarcity post-Brexit; however, this period is seen as an opportunity to establish a fairer immigration system.

Many in the tech sector are global thinkers who value diversity and inclusivity. The belief that Brexit will hinder talent acquisition is prevalent, but there is optimism for a system that moves away from prioritising mostly-white EU citizens over non-EU nationals, which currently borders on passport discrimination and could be viewed as racist. The proposed shift aims to cater to the British economy’s needs rather than imposing crude caps on non-EU migrants.

A fair immigration system is deemed essential, with three potential models discussed. The first, closing borders entirely, would be economically damaging as not all vacancies could be filled internally. The second, an open-door policy, historically led to a backlash from the working class, resulting in the rise of extremist political figures. The only viable option is treating all immigrants equally based on skill gaps, with exceptions for genuine refugees. A points-based system, regularly reviewed, is suggested to address sector-specific needs efficiently.

Technological advancements can streamline immigration processes, replacing outdated systems with automated solutions. This could enhance the credibility and transparency of immigration policies, allowing for real-time data assessment to pinpoint skills shortages. Improved data could facilitate a better public understanding of immigration’s role in economic growth, shifting the focus from crude numerical targets to filling genuine skill gaps.

Although some opposition to immigration exists, primarily concerned with job displacement and wage reduction, a fair system could mitigate these issues. Reference is made to the 2004 EU expansion, which reportedly affected wages and living standards in certain areas. However, a transparent and needs-based policy post-Brexit could avoid such pitfalls and rectify past missteps, including the mistreatment of the Windrush generation.

Despite recent setbacks, with firms like Signal Media struggling under current regulations, there is hope for a more inclusive future. The Migration Advisory Committee’s recent report advocates for eliminating the skilled worker cap post-Brexit and removing the preferential treatment for EU citizens. For the tech sector, reliant on international expertise, this represents a significant opportunity to recruit global talent. There is a push for a fairer points-based system, with governmental support indicated through positive ministerial responses to related arguments in public forums.

A post-Brexit Britain has the potential to implement a more equitable immigration system, attracting the best talent globally and supporting economic growth. The tech sector stands to benefit significantly from these changes, provided a balanced and transparent approach is adopted.

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