July 19, 2010
In a paper issued today think-tank Migrationwatch examines claims made in an article in the Financial Times on 18 June that a cap on economic migration will raise taxes and cut growth.
The report points out that labour shortages are not the main constraint on growth in a period on high unemployment. Furthermore, less than 40% of immigrants to Britain arrive for the purpose of work.
Commenting, Sir Andrew Green, Chairman of Migrationwatch UK said: ‘In their enthusiasm for immigration, the Financial Times had clearly not thought through the claim that they were making’.