you have been closed for two years and have a 2 year hiatus in the talent pipeline as well as a demographic squeeze, you need to see a labour market strategy. we need to look at if there is sufficient labour in there is sufficient labour in the market to meet the demand. at the moment turning away business because we cannot meet the demand because of labour shortages. we estimate that we are losing about £22 billion worth of revenue to that, so we do need to have that labour market strategy and we would urge the government began to sure the immigration regime is fit for purpose. fit for purpose. thank you very much for fit for purpose. thank you very much for your fit for purpose. thank you very much for your time. we re going to go back to our top story and is that we heard from andrew bailey, the governor of the bank of england yesterday. a first glimmer, he said, when it comes to the economy, potentially that we have seen the worst of inflation, perhaps we are seeing a peak
political debate that those in favour of brexit set actually you can have any kind of immigration policy you just haven t one that is dictated by the needs of the uk not by the kind of needs of so many different countries. by the kind of needs of so many different countries. there s always been a tension different countries. there s always been a tension among different countries. there s always been a tension among brexit - been a tension among brexit supporters right back to the referendum. or certainly the case being referendum. or certainly the case being played by michael gove and boris being played by michael gove and borisjohnson your being played by michael gove and boris johnson your figures in the leave boris johnson your figures in the leave campaign was absolutely that the uk leave campaign was absolutely that the uk should just have the freedom set its the uk should just have the freedom set its own the uk should just have the freedom set its own immigratio
start taking him up on these offers. one of the reasons that we have such an absurd immigration regime in the united states, the folks the president was talking to, they re a big part of why things are as bad as they are. remember, the incentive for big business and that includes big agriculture has been a lot of cheap foreign workers to bring through on a seasonal basis, lots and lots of cheap foreign workers. a decade ago when there was an effort to do comprehensive immigration reform, that was a concern. that s one of the reasons it got submarined. so we have a perverse set of incentives here. if he can convince big business that he will take care of them and provide the cheap workers that they want, then maybe there will be fewer obstacles to big reform in the end. dana: seems to me there s a deal to be made here. we ll see if they make that before the end of the week. happy monday, chris. happy monday. you bet. dana: up next, i ll speak to
washington. she s looking to obtain an exemption on those import tariffs that we ve seen president trump imposing so no doubt she ll be investing a lot of energy there and domestically i think you ll see one or two of her new ministers clicking into action quite quickly first and foremost horsey who for the new interior minister is of course one of her internal rivals within the conservative block very much an opponent decision to let in so many refugees back in twenty fifteen he s made it very clear that as the person overseeing germany s immigration regime he s going to be much tougher we re going to see foster repatriation of rejected asylum seekers and one of the reasons for all that of course is that aimed at taking the wind out of the sails of the and hima gratian party the far right after a they all turn to for germany and merkel herself has been very explicit she said today all rain is to make the f.t. small and get that party back out of palm which is a pretty crass statement
negotiate on this. unfortunately, the president in the past has said you will do what i say and raise it no matter what. that s how we have gotten to the point where we re $17 trillion in debt. that s unfortunate and not how the process is supposed to work. i think the president is supposed to negotiate and compromise with congress. george? there s flickers of hope on capitol hill that something can be done about immigration this year, but there s also a suspicion immigration and the affordable care act are entan e entangled for the following reason. republicans have watched the president exercising what he calls necessary executive enforcement discretion. rewriting portions of the law. is there a feeling now there s no point to agreeing on immigration regime because he might suspend crucial provisions of it? it s an interesting question because a lot of people say that s why we have gotten to pass something. and a lot of people say why should we pass something if he s going to a