Cutting immigration to the UK means billions less for the Treasury. Can the country really afford that? | Zoe Williams
MeridStreet AI summaryThe UK's Office for Budget Responsibility estimates that losing 100,000 immigrants results in a loss of £7 billion for the Treasury. This figure is based on a 2024 calculation, which may seem unsurprising but is still staggering. The loss of immigrants due to policy decisions has significant economic implications, with billions of pounds less for the Treasury. This could have major consequences for the country's budget and economy, particularly as budget day approaches.
Read the source report: The Guardian →
Why it matters
Cutting immigration to the UK could result in billions less for the Treasury, which could lead to economic instability. This could negatively impact investor sentiment and the UK's economic growth.
Market impact
Transmission channels
Likely winners & losers
Under pressure
- UK economy
- UK equities
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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to The Guardian. For information only — not financial advice.