Some of the UK's most powerful tech entrepreneurs have warned David Cameron against clamping down on immigration

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David Cameron

REUTERS/Peter Macdiarmid

Prime Minister David Cameron.

The UK's most powerful technology leaders are warning Prime Minister David Cameron that their businesses will suffer if he follows through with plans to reduce the number of skilled migrant workers entering the UK from outside Europe.

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In an open letter, 235 of the nation's leading entrepreneurs and investors asked the Prime Minister to reconsider plans that will make it even harder for them to employ skilled workers outside the EU.

The people behind the letter, which was orchestrated by Coadec (The Coalition for a Digital Economy), hail from some of the UK's best-known technology companies including Google DeepMind, Citymapper, Shazam, and SwiftKey.

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Autonomy founder and billionaire Mike Lynch also gave his signature, as did angel investor Sherry Coutu and sharing economy advocate Debbie Wosskow, both of whom have written reports for the government in the last year and advised it on how to support the UK's digital economy.

It's worth noting that around 20 of the signatories also signed the pre-election tech letter in The Guardian backing the Tories.

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One of the most prominent names not to appear on the list of signatories this time round is venture capitalist and government advisor Eileen Burbidge. However, Burbidge has told Business Insider on previous occasions that immigration and allowing UK tech firms to hire skilled talent should be a number one priority for government.

"We absolutely need highly skilled talent," Burbidge said last month. "It's difficult because obviously there's a larger political narrative which is about the stress on social services of an ever-growing population, but I think that what we can do are small measures, small things about making sure that we know where certain pockets exist for need or demand, and how to service that."

Given that Burbidge is now chair of Tech City UK and therefore a government spokesperson, it's likely that she felt she was unable to support a government lobbying effort. However, Business Insider understands that she will be doing all she can in her role as Tech City UK chair and UK fintech envoy to ensure the government doesn't clamp down on skilled immigration.

Following the general election, Cameron's Tory government revealed that it planned to "significantly reduce" the number of skilled workers coming to Britain from outside the EU. He said this was necessary as net migration levels were at record levels.

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The letter comes as the government's Migration Advisory Committee consults how the UK can further tighten rules around the entrepreneur visa, which allows those outside the EU to come to Britain and start a business, and the Tier 2 visa, which enables UK technology companies to hire people from outside the EU and bridge skills gaps.

Companies like Google and Facebook rely on the Tier 2 visa to bring staff from their US offices to their London offices.

The government is exploring whether it should raise the minimum salary threshold on the Tier 2 visa so that it only applies to people working at director-level roles.

Kate Unsworth

Kovert Designs

Kovert Designs CEO Kate Unsworth backed the open letter.

Sarah Wood, CEO and cofounder of Unruly, said: "If the government is serious about growing Britain's digital economy and competing on a global stage, it cannot afford to cut off the oxygen that feeds our ecosystem - skilled talent from around the world, drawn to London and the UK precisely because of its diversity, creativity and vitality.

"We simply could not have scaled the business to the size it is today (15 offices, £28.7m revenue) without the programming expertise and language skills of international software engineers and digital professionals from around the world."

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Tech City UK estimates that 1.46 million people work in the UK's digital economy, which represents 10% of the UK's GDP, and is the biggest and fastest-growing of the G20, set to hit 12% of GDP next year.

"The UK has become a global tech hub thanks in large part to startup founders, investors and employees from across the globe, including many of us who were not born in Britain but choose to invest our time and talents here," the letter reads.

"We call on you to ensure that any future changes to the immigration system make it easier, not harder, for qualified digital entrepreneurs to come to the UK to start their business, and for growing startups to hire top international talent."

Guy Levin, executive director of Coadec and a former political advisor to the Treasury, said any changes to the immigration system must make it easier, not harder, for digital entrepreneurs to come to the UK to start their business and for growing startups to hire top international talent.

A 2013 O2 report, The Future Digital Skills Needs of the UK Economy, estimated that 745,000 additional workers with digital skills would be needed to meet rising demand from employers between 2013 and 2017. Halfway through that time frame companies are still crying out for talented workers with certain skills.

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The letter acknowledges that the government has taken a number of steps to support the UK's digital economy, including giving tax breaks to investors that back startups through the Seed Enterprise Investment Scheme (SEIS), and its support for the sharing economy.

The government also relaxed the rules around the Tier 1 Exceptional Talent visa, allowing companies to hire groups of five people at once and opening it up to those that show "exceptional promise."

Here's the letter itself:

Dear Prime Minister,

We represent a cross-section of the UK's digital startup and scale-up ecosystem, including the founders of Citymapper, DeepMind, JustPark and SwiftKey. The UK has the largest and fastest growing digital economy in the G20, worth over 10pc of GDP.

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During the election campaign you argued that the UK should be 'the startup nation in Europe, and one of the great startup nations in the world'. We share this ambition and applaud your government's long-standing support for the UK's tech community. From SEIS to support for FinTech and the sharing economy, you have championed entrepreneurs and innovators in the interest of securing our country's long-term economic growth.

However, finding talent with the right skills and experience we need to grow our businesses remains one of the biggest barriers to achieving that ambition. The UK has become a global tech hub thanks in large part to startup founders, investors and employees from across the globe, including many of us who were not born in Britain but choose to invest our time and talents here. We are very concerned that changes to immigration policy will make it more difficult to attract and recruit the talent high-growth companies need to compete and succeed in a global marketplace.

The government's Migration Advisory Committee is currently examining proposals aiming to further restrict the Tier 2 system of skilled work visas and to reform the Entrepreneur Visa. Further restrictions on skilled migration could restrict the growth of our businesses and hurt the UK's digital economy.

We call on you to ensure that any future changes to the immigration system make it easier, not harder, for qualified digital entrepreneurs to come to the UK to start their business, and for growing startups to hire top international talent.

It is of course also vital that we continue to support the growth of digital skills within the UK, and we stand ready to do our part.

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Sincerely yours,

Adam HornerCo-founder and CTO, Satago
Adrian LloydFounder & Partner, Episode 1 Ventures
Adrian SevitzCo-founder, vzaar limited
Alain FalysCo-founder, Yoyo Wallet
Alasdair McPhersonPartner, Craigie Capital
Alastair PatersonCEO, Digital Shadows
Alena DundasFounder, Gymdeck
Alex LoizouCo-founder, Streethub
Alex StephanyCEO, JustPark
Alexander AsseilyFounder, State, Jawbone and Elvie
Alexander TrewbyCo-founder, Divide (acquired by Google)
Alexandra DepledgeCo-founder, Hassle.com
Alexandre DalyacCo-founder, Tractable
Alice BentinckCo-founder, Entrepreneur First
Alice TaylorCEO, Makielab
Alicia NavarroCEO, Skimlinks
Alliott ColeDirector, Octopus Ventures
Amy LaiFounder and CEO, Wittos
Andrew EvansCo-founder and CEO, Smart Pension
Andrew FisherExecutive Chairman, Shazam
Andrew GibbFounder, Coldpress
Andrew HunterCo-founder, Adzuna
Andrew JervisCo-founder, Clickmechanic
Andrew ScottFounder partner, 7percent Ventures
Andrew TibbittsCOO, TechHub
Andrius SutasCo-founder, AimBrain
Andy BennettFounder, Knodium Ltd
Andy HobsbawmFounder, EVRYTHNG
Andy StephensonFounder, Weekend Box
Aneesh VarmaFounder, Aire
Anirvan LahiriCo-founder, The Stay Guru
Ankur ModiCEO, StatusToday
Anne JohnsonFounder, Cunning Systems
Anthony EskinaziFounder, JustPark
Anton WellenreiterPartner, Charlotte Street Capital
Azmat YusufFounder, Citymapper
Ben DruryCo-founder, 7digital
Ben GateleyCo-founder and COO, The Eleven
Ben MedlockCo-founder/CTO, SwiftKey
Ben PerreauCo-founder, Synkio
Ben WhatelyCo-founder, Memrise
Bernhard NiesnerCo-founder, Busuu
Bill EarnerManaging Partner, Connect Ventures
Bindi KariaStartup expert, connector and advisor
Bo PedersenPartner, Charlotte Street Capital
Brendan GillCEO, OpenSignal
Bruce BeckloffManaging Partner, Bloc Ventures
Bryce KeaneFounder, Albion Drive
Cecile BairdCMO, Credits
Charlie NewmanCo-founder, Pinipa
Charlie OsmondFounder, TripTease
Charlotte Lacombe-BarCo-founder, Mooshoo Labs
Chris DawsonCo-founder, One Utility Bill
Christian HernandezCo-founder, White Star Capital
Christopher HunterCo-founder, Odyssey Sensors
Colette BallouFounder, Ballou PR
Constantin BjerkeFounder, Crane.tv
Dale KnightCo-founder, One Utility Bill
Damien LanePartner, Episode1
Dan BladenFounder, Chargifi
Dan SutherlandFounder, Carrenza
Daneal BassiouniCo-founder, Homefund
Daniel BenamranGeneral Manager UK, BlaBlaCar
Daniel van BinsbergenCo-founder, Lexoo
David CleevelyFounder, Cambridge Angels
David FogelDeputy Director, Wayra UK
David GalsworthyCo-founder and CEO, TechSpace
Debbie WosskowCo-founder, Love Home Swap
Demis HassabisCo-founder, DeepMind
Devin HuntPartner, Founder Centric
Doug MonroCo-founder, Adzuna
Douglas BellFounder, London Innovators
Eamon JubbawyCo-founder, Onfido
Edward ChinCo-founder, Supersolid
Eeswaran NavaratnamManaging Partner, 01Ventures
Elizabeth VarleyCo-founder, TechHub
Emanuel AndjelicCo-founder, Squirrel
Emily ForbesFounder, Seenit
Emma SinclairCo-founder, EnterpriseJungle
Eoin HydeCo-founder, Innersight Labs
Eric van der KleijHead of Level39 & MD Entiq
Evgeny ShadchnevCo-founder, Makers Academy
Faith ForsterFounder, Pinipa
Felix LeuschnerFounder, Drover App
Florian StronkCo-founder, Koyoki
Frank KelczFounder, Excellerance
Gary ThompsonFounder, GoRaise
Gavin SathianathanPartner, Kingsley Capital Partners
George BevisCEO, TIDE
George Marangos-GilksFounder, The Tab
George SpencerCEO, Rentify
George WhiteheadChairman, Angel Cofund
Gi FernandoFounder, Freeformers
Gideon FarrellCo-founder, Converge
Gil DibnerInvestor
Giles AndrewExecutive chairman and Co-founder, Zopa
Giovanni CharlesCo-founder, Fluently.io
Glenn ShoosmithCEO, BookingBug
Gus FergusonManaging Partner, The Tetrad Consultancy
Guy LevinExecutive Director, Coadec
Haakon OverliGeneral Partner, Dawn Capital
Harry BriggsPartner, BGF Ventures
Helen CammackCo-founder, interests.me
Henry FirthFounder, Pingtune
Hermann HauserPartner Amadeus Capital Partners and serial entrepreneur
Hugh CollinsCo-founder, Code Kingdoms
Husayn KassaiCo-founder, Onfido
Hussein KanjiFounding Partner, Hoxton Ventures
Ilya LevtovCo-founder, Craft.co
Irra Ariella KhiCEO, V Technology
Itamar LesuisseCEO, Peak
Jack HuangCo-founder, TRULY Experiences
Jamal MonDesirFounder, MADFoundry
James GillCEO, GoSquared
Jamie EdwardsCOO, Kayako
Jason BoltonCo-founder, Mooshoo Labs
Jeff LynnCo-founder, Seedrs
Jennifer ArcuriFounder, InnoTech Summit
Jenny GriffithsFounder, Snap Fashion
Jeppe ZinkPartner, Northzone
Jessica WilliamsonProgramme Director, TechStars
Jo YorkCCO/CMO, Reframed.tv
Joe CohenFounder, Seatwave
Joe RootCo-founder, Permutive
Joelle HadfieldCo-founder, FightsMe.com
John HackettMD, ArenaFlowers.com
John HendersonPrincipal, White Star Capital
John SpindlerCEO, Capital Enterprise
John ThompsonCEO, UserReplay
Jon BradfordCo-founder, F6S & tech.eu
Jon PetridesCo-founder, Guevara & Penda Health
Jordan EmeryMD, Quella
Josh RussellPartner, Rokk3r Labs
Joshua MarchCo-founder and CEO, Conversocial
Julian CarterCo-founder, EC1 Capital
Julian RangerFounder, digi.me
Julie MeyerFounder, EntrepreneurCountry; CEO, Ariadne Capital
Kate UnsworthCEO, Kovert Designs
Kevin PriceCEO, Reframed.tv
Kieran O'NeillCo-founder, Thread
Kristo KaarmannCo-founder, TransferWise
Leonard AustinCo-founder, Ravelin
Lloyd PriceCo-founder, Zesty
Lopo ChampalimaudCo-founder, Wahanda
Luke LangCo-founder, Crowdcube
Mads HolmenFounder, Bibblio
Mait MuntelCo-founder, Lingvist
Marcus GreenwoodCEO, Universal Basket
Mark RussellCo-founder, Universal Basket
Mark RyanCo-founder, Blooie
Marko SrsanProgramme Operator, TechStars
Martha Lane FoxCo-founder, Lastminute.com
Martin BailieCo-founder, Tailored
Martin SweeneyCEO, Ravelin
Matt CliffordCo-founder, Entrepreneur First
Melvin SalasCo-founder, Leaf.fm
Michael ThorntonCo-founder, Carbon Analytics
Mike ButcherCo-founder, TechHub
Mike LynchFounder, Invoke Capital
Mike MinettCo-founder and MD, The Positive Ageing Company
Monty MunfordFounder, Mob76
Mustafa SuleymanCo-founder, DeepMind
Nabil FreemanFounder, Freeman Industries
Nic BrisbourneManaging Partner, Forward Partners
Nic YeelesFounder and CEO, Peg
Nicholas KatzCo-founder, Splittable
Nicholas RussellFounder, We Are Pop Up
Nicholas SharpAssociate, Passion Capital
Nick HungerfordCo-founder and CEO, Nutmeg
Nick LallyCo-founder, Ravelin
Nigel WhiteoakFounder, LoveCrafts
Oleg FomenkoCo-founder, SweatCoin, bloom.fm
Oli AshnessFounder, Simply Cook
Oliver PughFounder, EarlyBird.fm
Patrick StobbsCo-founder, Jukedeck
Paul McNabbPartner, Episode1
Paul MillerPartner, Bethnal Green Ventures
Paul SlaterCo-founder, Fit Gurus Ltd
Paul SmithMD, Ignite and Campus North
Pip JamiesonFounder, The Dots
Prasanna KannanCo-founder, Homefund
Pratik SampatCEO, iHorizon
Raj RamanandiCEO, #1Seed
Rajeeb DeyFounder, Enternships
Raph CrouanMD, Startupbootcamp IOT
Rashid MansoorCo-founder, Adbrain
Razvan RancaCo-founder, Tractable
Reshma SohoniPartner and Co-founder, Seedcamp
Rhydian LewisCo-founder and CEO, Ratesetter
River Tamoor BaigCo-founder, Hack Partners
Rob O'DonovanCo-Founder of The Eleven and CharlieHR.com
Robert DigheroPartner, Passion Capital
Robin KleinCo-founder, The Accelerator Group and LocalGlobe
Rohan LuvaglioFounder and CEO, Bizzby
Ruhul AminCo-founder, Onfido
Russ ShawFounder, Tech London Advocates
Ryan KliszatCo-founder, Verticly
Saasha Celestial-OneCo-founder, OLIO
Sam MathewsCEO, NEVERBLAND
Sam MichelFounder, Chinwag
Sam OakleyCEO, StashMetrics
Sandy ForsterCo-founder, Pinipa
Sanford DickertCEO, OWLR
Sarah CochraneCOO, Vetcloud
Sarah WoodCo-founder, Unruly
Saul KleinFounding Partner, LocalGlobe
Sean Seton-RogersPartner, PROFounders Capital
Sherry CoutuInvestor and non-exec director
Simon EdwardsCo-founder, Shuttlecook
Simon HillCo-founder, Wazoku
Simon MurdochManaging Partner, Episode1
Spencer HymanCo-founder, Navigator Commerce
Stefan GlaenzerPartner, Passion Capital
Taavet HinrikusCo-founder, TransferWise
Tak LoDirector, TechStars
Tessa CookCo-founder, OLIO
Tim JacksonGeneral Partner, Lean Investments
Tim SprattCo-founder, Permutive
Tom AllasonFounder, Shutl (acquired by Ebay)
Tom Foster-CarterCo-founder, Curve
Tom JonesPartner, Charlotte Street Capital
Tom WatsonCo-founder, Hubble
Tony PowellCo-founder, Sponsorlist
Tracy DoréeFounding Partner, Spring Partners
Tristan DeplantesCo-founder, Mooshoo Labs
Turi MuntheFounder, Demotix
Tushar AgarwalCo-founder, Hubble
Ultan MillerCo-founder, Release
Varun ShoorCEO, Kayako
Vincent DignanFounder, Magnific
Vivian ChanCo-founder, Sparrho
Wil BentonCo-founder, Chew
Will HodsonCo-founder, The Big Deal
Will WynneCo-founder, ArenaFlowers.com and Smart Pension
William ReeveCo-CEO, Hubbub.co.uk

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