Report: Cutting immigration to the UK means billions less for the Treasury. Can the country really afford that? | Zoe Williams
A report from The Guardian — Business sets out the main available details, with claims kept attributed to their sources.
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A report from The Guardian — Business focuses on “Report: Cutting immigration to the UK means billions less for the Treasury. Can the country really afford that? | Zoe Williams” and sets out the main development contained in the supplied source material.
‘Taking back control’ turns out to be staggeringly expensive. The report also notes that That’s something to mull over as budget day approaches Every 100,000 immigrants lost to the UK costs the treasury £7bn , as reported by the Office for Budget Responsibility. That figure is unsurprising if you’ve been concentrating at all – the calculation was made in 2024 – but at the same time completely staggering. Nobody ever states, “The chancellor’s going to be in trouble because of all those lost immigrants”; few people remark on, let alone decry, the very large numbers of migrants who have been lost due to policy decisions. And then, as budget day approaches, brute facts and mathematical realities assert themselves: migration numbers have been falling faster than anticipated. And if you take all the measures you can to discourage international students, skilled workers, all imaginable young, mobile people who work and don’t get ill, while at the same time preventing with all your might any legitimate employment opportunities for asylum seekers, you is expected to suffer a hit to the national coffers.
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- Cutting immigration to the UK means billions less for the Treasury. Can the country really afford that? | Zoe Williams — The Guardian — Business
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