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

Beaverstock, Jonathan V.; Hall, Sarah

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. © The Author 2012. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved.

Citation

Beaverstock, J. V., & Hall, S. (2012). Competing for talent: Global mobility, immigration and the City of London's labour market. Cambridge Journal of Regions, Economy and Society, 5(2), 271-287. https://doi.org/10.1093/cjres/rss005

• Journal Article Type: Article
• Acceptance Date: Feb 29, 2012
• Online Publication Date: Jul 1, 2012
• Publication Date: Jul 1, 2012
• Deposit Date: Oct 27, 2021
• Journal: Cambridge Journal of Regions, Economy and Society
• Print ISSN: 1752-1378
• Electronic ISSN: 1752-1386
• Publisher: Oxford University Press (OUP)
• Peer Reviewed: Peer Reviewed
• Volume: 5
• Issue: 2
• Pages: 271-287
• DOI: https://doi.org/10.1093/cjres/rss005
• Public URL: https://nottingham-repository.worktribe.com/output/3124167
• Publisher URL: https://academic.oup.com/cjres/article-abstract/5/2/271/479486?redirectedFrom=fulltext