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8/11/05

ePolitix.com - Bank chief intervenes in immigration issue

ePolitix.com

EU -Bank chief intervenes in immigration issue

Inward migration from new EU member states has been important in easing labour shortages, the head of the Bank of England has said. Speaking at a press conference to launch the latest quarterly inflation report, Mervyn King was critical of the lack of data on immigration. But he suggested that practical experience from businesses on the ground showed that foreign workers are playing a key role in easing skills shortages. Most recent figures show that since May 2004, some 176,000 people from the EU accession states have registered to work in the UK.

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