PM announces 'entrepreneur visa' for skilled workers

David Cameron has announced what he called a new 'entrepreneur visa', to attract foreigners with significant financial backing to the UK.

He said the current route for highly skilled workers, called Tier One, which is already known informally as the entrepreneur visa, needed to be reformed.

The Prime Minister was speaking in East London, where he outlined his vision for the Lea Valley area to become a rival to Silicon Valley.

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