Home/Newsfeed

Brexit camp eye Australian-style immigration system if UK leaves EU

Share Print 0

Britain would extend an Australian-style points-based immigration system to European Union citizens if it votes to leave the bloc, the “Out” campaign said on Wednesday, ratcheting up the pressure on a key issue ahead of the June 23 referendum.

Two polls on Tuesday showed Britons have moved towards voting to leave the bloc after official figures published last week put net migration at the second highest level on record last year.

A YouGov poll published on Wednesday put both sides level on 41 percent, unchanged from its previous survey.

Senior members of the Out campaign including former London Mayor Boris Johnson and Justice Secretary Michael Gove said immigration post-Brexit would be based on job and language skills.

Reuters

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam

@@craig_forex

Craig Erlam

Latest posts by Craig Erlam (see all)

, , , , ,
Back to Top