Karl Williams, CPS Research Director, has written a column for the Sunday Telegraph outlining the impact Britain’s record migration levels are having on the economy. Highlighting new figures released by the OBR, as well as CPS research in our ‘Taking Back Control’ report, he argues that because of current mix of migration is skewed towards low-skilled, low-wage migrants, there will be a significant cost to the public purse as these workers age and healthcare costs out-pace any tax they have paid over their working lives.
In the piece, he notes that “by the age of 81, for every £1 contributed to HMRC by the high-wage migrant group [according to the OBR’s categorisation], the larger low-wage migrant group will have taken out £1.60.”
Karl’s comments following the release of the Office of Budget Responsibility’s fiscal risk report were also picked up by the Daily Express.
Date Added: Sunday 15th September 2024