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

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  • Jonathan V. Beaverstock
  • Sarah Hall

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. Copyright 2012, Oxford University Press.

Suggested Citation

  • Jonathan V. Beaverstock & Sarah Hall, 2012. "Competing for talent: global mobility, immigration and the City of London's labour market," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 5(2), pages 271-288.
    • Handle: RePEc:oup:cjrecs:v:5:y:2012:i:2:p:271-288
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    File URL: http://hdl.handle.net/10.1093/cjres/rss005
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    Citations

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    Cited by:

    1. Kate Golebiowska, 2016. "Are Peripheral Regions Benefiting from National Policies Aimed at Attracting Skilled Migrants? Case Study of the Northern Territory of Australia," Journal of International Migration and Integration, Springer, vol. 17(3), pages 947-971, August.
    2. Koikkalainen Saara, 2017. "Finnish Highly Skilled Migrants and the European Economic Crisis," TalTech Journal of European Studies, Sciendo, vol. 7(2), pages 168-181, October.
    3. Ceren Ozgen & Peter Nijkamp & Jacques Poot, 2013. "Measuring Cultural Diversity and its Impact on Innovation: Longitudinal Evidence from Dutch firms," Norface Discussion Paper Series 2013003, Norface Research Programme on Migration, Department of Economics, University College London.
    4. Rachel Brooks & Johanna Waters, 2018. "Signalling the ‘Multi-Local’ University? The Place of the City in the Growth of London-Based Satellite Campuses, and the Implications for Social Stratification," Social Sciences, MDPI, vol. 7(10), pages 1-16, October.
    5. Iris Claus & Les Oxley & Peilei Fan, 2014. "Innovation In China," Journal of Economic Surveys, Wiley Blackwell, vol. 28(4), pages 725-745, September.
    6. Ceren Ozgen & Peter Nijkamp & Jacques Poot, 2017. "The elusive effects of workplace diversity on innovation," Papers in Regional Science, Wiley Blackwell, vol. 96, pages 29-49, March.
    7. Ozgur Sayin, 2022. "Istanbul: A Global, but Still Industrial, City," Journal of Economy Culture and Society, Istanbul University, Faculty of Economics, vol. 65(65), pages 329-349, June.
    8. Dymski Gary & Gavris Maria & Huaccha Gissell, 2023. "Viewing the impact of Brexit on Britain’s financial centre through an historical lens: Can there be a third reinvention of the City of London?," ZFW – Advances in Economic Geography, De Gruyter, vol. 67(2-3), pages 76-91, August.
    9. Stefanie Föbker & Daniela Temme & Claus-C. Wiegandt, 2014. "Dossier: Institutions and skilled mobility. Guest Editors: Gery Nijenhuis & Maggi W.H. Leung," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 105(5), pages 542-557, December.
    10. Marieke Krijnen & David Bassens & Michiel van Meeteren, 2017. "Manning circuits of value: Lebanese professionals and expatriate world-city formation in Beirut," Environment and Planning A, , vol. 49(12), pages 2878-2896, December.

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