Cutting immigration to the UK means billions less for the Treasury. Can the country really afford that? | Zoe Williams
‘Taking back control’ turns out to be staggeringly expensive. That’s something to mull over as budget day approaches Every 100,000 immigrants lost to the UK costs the treasury £7bn , according to 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 says,…
As budget day looms, the cost of "taking back control" is coming into focus. According to the Office for Budget Responsibility, losing 100,000 immigrants to the UK costs the treasury £7 billion. This staggering figure, calculated in 2024, may seem unsurprising, but it highlights the far-reaching impact of immigration on the national coffers.
Despite the large numbers of migrants lost due to policy decisions, few people vocalize concerns or criticize such actions. As migration numbers fall faster than expected, the consequences of strict measures discouraging international students, skilled workers, and asylum seekers become evident. The assertion is that such policies will lead to a significant hit to the national treasury, a reality that cannot be ignored as budget day approaches.
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