International talent and economic growth

Set against a globally competitive search for top talent amid skills shortages, 'International talent and economic growth: global competition and emerging trends’, in partnership with EY, highlights the need for the UK to be proactive in pursuing a growth sector talent strategy or risk falling behind to our major competitors – all of whom are actively pursuing international talent strategies of their own.

The report benchmarks competitor market activity to attract international talent into the financial and professional services sector, where reliance on this talent is 40% of workforce, and reviews wider economic benefits of highly skilled international mobility, and established research.

Despite the UK having clear strengths in its visa regime and our appeal to global talent, the report highlights what more can usefully be done to ensure we remain a competitive and innovative centre for the sector globally.

To accompany the launch, we held a webinar where we took an in-depth look into the report. Watch now for a comprehensive analysis, and hear from our panel of industry experts:

• Claire Tunley, CEO, Financial Services Skills Commission
• Jonathan Portes, Professor of Economic and Public Policy King's College London
• Ksenia Grant, Director for Ecosystem and Partnerships, Centre for Finance, Innovation and Technology (CFIT)
• Dr Seema Farazi., Partner, EY
• Andrew Coop, Head of Trade in Services, Investment and Business Mobility, Department for Business and Trade