Migration Watch UK Comment on 'HM Treasury analysis: The Long-Term Economic Impact of EU Membership and Alternatives'

April 18, 2016

Commenting, Lord Green of Deddington, Chairman of Migration Watch UK, said:

The Treasury Forecast takes the ONS principal population projection that has a long term assumption that net migration will be 185,000 from 2021. In other words, it assumes that the government will miss their immigration target by a country mile and we will, on the official projections, see an increase in the UK population of six million over the next 15 years.

Given that no serious commentator believes that the 'emergency brake' will have any significant effect, the government should also explain how even this very unsatisfactory outcome could be achieved with no limits on EU migration, which is now running 170,000 a year out of 330,000.

A reduction in low-skilled migration from the EU could improve productivity, public finances and GDP per capita as well as raise wages and reduce pressure on housing.

To read the HM Treasury report, click the following link: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/517155/treasury_analysis_economic_impact_of_eu_membership_web.pdf

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