Employers: It’s your job to get migration down to 100,000 via Flip Chart Fairy Tales

This is an excellent read. The problem with the Conservative Party Manifesto 2017 is that it’s light on detailed policy, cohesive strategy, costings, and risk analysis

Flip Chart Fairy Tales

The Conservative manifesto has reiterated the party’s promise to cut net migration to below 100,000. That implies a reduction of over 60 percent and, although the manifesto doesn’t give a timeframe, even achieving the target by the next general election would be a colossal task.

So how will it be implemented? Who is going to deliver this massive reduction in immigration? Employers, of course.

There was much talk during the Brexit referendum about taking control of our borders and  Theresa May repeated the phrase at the manifesto launch. It is very unlikely, though, that the UK will introduce restrictions on the entry of EU citizens at the borders. Any constraints the UK places on travel from the EU are likely to be reciprocated. Therefore, if we require visas from EU citizens, then we will need visas to visit European countries. If we start interrogating Romanians and Bulgarians when they arrive at Gatwick about the purpose of their…

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Liberal Democrat 2017 – General Election Manifesto – Costings Document.pdf

Alarmingly, the Liberal Democrats are the only major UK political party ready to release a schedule of costings to support their 2017 manifesto.

To see the Liberal Democrats costing paper open this link

As a financial professional, I could easily criticize this document, I commend the Liberals for their integrity and professionalism. Personally, I’d prefer to see some sensitivity analysis with upside and downside scenarios, along with risk analysis and mitigation strategy.

BUT what’s seriously alarming is the absence of costing evidence from both the Conservatives and Labour. Most critically, the public have a right to see some sensitivity analysis for worst case Brexit scenarios, along with a professional risk analysis.

This leads me to the conclusion that Theresa May is looking for popular support from the UK public but is not ready to publish the downside risks from a hard-Brexit – this is shameful and underhanded. What’s Theresa May trying to hide?