20 May 2025 UK Monitor Immigration curbs will cut potential growth and lift inflation slightly
19th May 2025 08:27UKDaily Monitor
- New rules will cut immigration by 98K a year—0.2% of the population—according to government estimates.
- We estimate that the curbs will slow potential growth by 0.1% per year, raising the pressure for tax hikes.
- A greater sectoral mismatch between workers and jobs will likely result too, adding to wage pressures.
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