New report warns that hospitality, manufacturing and construction sectors could be hit hardest by BrexitA new report by the Migration Observatory at the University of Oxford has found that, if the UK were to impose restrictions on migration in the wake of Brexit, it could “profoundly affect” areas of the economy that have come to rely heavily on migrant labour in the past 12 years. The report warns that in response, employers are likely to either increase mechanisation or raise wages to make jobs more attractive. This could result in higher prices for consumers. In some cases, this would not …read more
Source: Open Europe