• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Boomed - All thanks to Immigration

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Boomed - All thanks to Immigration

    http://news.bbc.co.uk/1/hi/business/7149258.stm

    Britain would have seen slower growth and higher inflation, had it not been for the recent wave of immigration, a report has said.

    The Ernst and Young ITEM Club also said the UK would grow by 3% a year if immigration continued to rise at the same rate as in the past two years.

    Foreign-born workers appear to have filled about two-thirds of new UK jobs between 2002 and 2006, the report said.

    They also may have made it tricky for UK youngsters to get entry level jobs.

    And low inflation was achieved by keeping a lid on wage rises.

    The ITEM Club estimates 1.5 million immigrants have arrived since 1997.

    "Foreign workers come to the UK and obviously help us push up production levels," Professor Peter Spencer, chief economic adviser to the ITEM Club, told the BBC.


    It's time we increase immigration. If 1,500,000 people produce such benefits, think what 1,500,000,000 would produce.



    #2
    That's more like it, BBC and immigration, been a bit lost today with all the wit and sarcasm and stuff.

    Comment


      #3
      That would increase house prices by a factor of 100! Boomed.

      Comment

      Working...
      X