The Office for Budget Responsibility has estimated that falling migration in the run up to Brexit alone could cost the economy £16bn. Less than 24 hours ago, Director General of the CBI Carolyn Fairbairn said the Government risks hurting businesses if it implements a new immigration system that is too bureaucratic.
Reassuring his audience, Mr Davis said on Thursday: “As we take back control of immigration by ending free movement as it has operated before, let me also say this, we won’t do so in a way that it is contrary to the national and economic interest.
“Because as the Chancellor has said, Britain must win the global battle for talent. No-one wants to see labour shortages in key sectors. That wouldn’t be in anybody’s interest.”
Wow. Along with his suggestion that the UK could pay for access to the single market, this indicates that David Davis is shifting to a softer Brexit position. Finally some sense from the Brexiteers?