UK government to seek to curb immigration through 'targeted visa system'
- Wall Street falls as investors ready for Trump's inauguration
- IBM (IBM) Tops Q4 EPS by 13c, FY17 EPS Guidance Beats Consensus
- American Express (AXP) Misses Q4 EPS by 7c, FY17 EPS Guidance Tops Views at Mid-Poinit
- Skyworks Solutions (SWKS) Tops Q1 EPS by 3c, Offers Q2 Guidance, Announces Buyback
- After-Hours Stock Movers 01/19: (SWKS) (QRVO) (NVAX) Higher; (AFMD) (SGYP) (IBM) Lower (more...)
Britain's Prime Minister Theresa May gives her speech on the final day of the annual Conservative Party Conference in Birmingham, Britain, October 5, 2016. REUTERS/Toby Melville
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
LONDON (Reuters) - British Prime Minister Theresa May has tasked a team of ministers with cutting immigration, including through a "targeted visa system", according to a government document published on Tuesday.
The immigration taskforce, chaired by May and featuring 12 other ministers including the three leading Brexit campaigners Boris Johnson, David Davis and Liam Fox, has been asked to deliver annual net migration in the tens of thousands.
That was a target set by May's predecessor David Cameron, but which the government has failed to meet. Net migration is currently running at more than three times that level.
Setting out the terms of reference for the taskforce, the government said the target would be delivered by "implementing domestic measures to control migration; ensuring an efficient and targeted visa system and making it harder for illegal immigrants to stay in the country".
The taskforce existed under Cameron, but its previous terms of reference did not mention a visa system.
May's government has so far given little away about its plans for Britain's future relationship with the European Union following a June vote to leave the bloc, but has been clear that controlling immigration is a key voter demand.
(Reporting by Kylie MacLellan; editing by Stephen Addison)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Indian central bank working on plan to reduce online charges: sources
- ChemChina seeks U.S. anti-trust approval for Syngenta deal
- Islamic State destroys famous monument in Syria's Palmyra: antiquities chief
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!