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New Data From Centuro Global Reveals How Flaws in the Skilled Worker Visa Could Undermine the Government's Growth Mission

1. Only 32% of work visas go to high-skilled professionals. 2. New visa restrictions in 2024 may challenge business growth.

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Why Neutral?

The article highlights immigration policy which could limit skilled labor, potentially affecting operational efficiency for companies like Visa (V), but it does not directly indicate immediate adverse financial performance for V historically associated with immigration policies.

How important is it?

The direct impact of immigration policies on Visa's labor recruitment could influence the company's operational capacity and costs, making it a moderately important issue for investors.

Why Long Term?

If visa restrictions persist, labor shortages could impact technology and payment processing sectors, including Visa, in the long term, similar to past effects of immigration reforms.

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LONDON--(BUSINESS WIRE)--New analysis of Home Office immigration data reveals that just 32% of visas issued for work go to high-skilled professionals in the eight key sectors outlined in the Government's industrial strategy. This suggests the government could substantially reduce migration while also safeguarding the growth of key businesses. A raft of restrictions to the Skilled Worker visa in 2024 made it more challenging and expensive to hire through this route. But this measure, targeted at.

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