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"Immigration changes will not cause UK skills exodus"

Multinational firms have rushed to the defence of immigration changes introduced last week, claiming the new rules will "make no difference" to UK employers' ability to attract overseas talent.

The new rules, which came into effect on 6 April, mean skilled migrant workers transferring from an overseas country to work at their company's British offices will no longer be able to clock up time spent in the UK to contribute towards the five years required to apply for permanent residence.

Employment lawyers and migrant campaign groups had warned the changes to the intra-company transfer (ICT) system could cause a skills exodus and put migrants off working in the UK.

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