Immigration has a positive impact, says Office for Budget Responsibility head
This article tells us:
Immigration has “beneficial” economic effects and cutting the number of foreign workers in the UK will make it harder for the Government to clear its deficit, the Treasury’s own economic forecasters have said.
The Office for Budget Responsibility told MPs that immigration has a positive impact on the public finances.
Robert Chote, head of the OBR, said that immigration “does tend to produce a more beneficial picture” for the Government’s finances.
“Because they’re more likely to be working age, they’re more likely to be paying taxes and less likely to have relatively large sums of money spent on them for education, for long-term care, for healthcare, for pension expenditure,”
Mr Chote was expanding on the OBR’s long-standing assessment that Britain needs a steady flow of migrant labour to fund public services in the coming decades.