Which sectors will suffer the most if migrants leave the UK?

UK Border Control

A lot has been spoken that the UK economy will suffer the most after the referendum on leaving the European Union (EU).

The consequences for certain sectors, however, may be more severe than those for others if their employees migrants are forced to leave the country.

According to a report by the Resolution Foundation, quoted by the Independent, the food industry, agriculture and mining are some of the areas that would suffer the biggest blow if the authorities in the UK restrict the free movement of people.

Migrants in the UK represent over 30% of the workforce in food production and food products and one-quarter of caregivers and domestic servants.

One fifth of foreigners in Britain, coming from other EU countries, are employed in the hospitality and tourism business.

All these people will be able to remain in employment in the UK over the next two years when will be held the negotiations with Brussels about the country’s exit from the union. After that, migrants’ future in Britain is uncertain.

Regardless of how agreements with the EU will be renegotiated, in case the free movement of people is restricted, it will have a long-term negative effect on the economy of the state.

Calculations of the National Institute of Economic and Social Research of the United Kingdom show that limiting immigration with two-thirds will cause a decline of 9% of the UK economy by 2065.

About the Author

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Martina T.
Martina Terzieva is a content writer for Business News Feeds. She likes to dig deep, find the most interesting things that happen and share them with the world. Besides news, Martina writes poetry, she's also a musician and a sound engineer.

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