immigration

Impact of Immigration on UK Economy

Impact of Immigration on UK Economy

In the past two decades, the UK has experienced a steady flow of net migrants into the economy. This net migration has had a wide-ranging impact on UK population, wages, productivity, economic growth and tax revenue. To what extent does net migration benefit the UK economy?International Migration ONSIn 2016, Net long-term international migration was estimated to be +248,000 in 2016. Immigration was estimated to be 588,000 and emigration 339,000. 9,634…

High immigration boosts real GDP

High immigration boosts real GDP

The home secretary Theresa May will state that immigration has little economic benefit. “at best the net economic and fiscal effect of high immigration is close to zero”. (Independent) There are potential costs of immigration – for example, the UK is struggling to build sufficient housing to prevent rising house prices and rents. But, one undoubted benefit of immigration and a rising population is that it boosts GDP figures, which makes the economic recovery look stronger than average incomes per head. Real GDP