Facebook
Britain's News Portal
Around The Clock
BREAKING
Loading latest headlines…

Falling UK immigration could cost Treasury billions, OBR calculated

The Office for Budget Responsibility calculated in 2024 that every 100,000 immigrants lost to the UK costs the Treasury £7 billion. Migration numbers are reportedly falling faster than anticipated.

  • Every 100,000 immigrants lost to the UK costs the Treasury £7 billion, according to a 2024 calculation by the Office for Budget Responsibility.
  • Migration numbers are reportedly falling faster than anticipated.

A 2024 calculation by the Office for Budget Responsibility (OBR) indicated that the UK Treasury loses £7 billion for every 100,000 immigrants. This figure is being highlighted as budget day approaches.

Reports suggest that migration numbers have been falling more rapidly than initially anticipated. Policies that discourage international students, skilled workers, and other mobile individuals, alongside preventing employment opportunities for asylum seekers, are cited as factors that could impact national finances.

Related Articles

Get the news that matters.

Join thousands of readers getting the best of British news straight to their inbox.