Laura Sharman 20 June 2016

Higher migration would deliver £625bn economic boost, says report

Higher migration would deliver £625bn economic boost, says report image

Higher migration could boost the UK economy by £625bn by 2064-65 and also relief some of the pressures caused by an ageing population, a new report has found.

Immigration: Encourage or Deter?, published by The International Longevity Centre – UK (ILC-UK) found the number of over 65s is expected to double between 2000 and 2050, while the working age population will only increase by 20.1%.

This, it argues, will impact on the sustainability of public debt as demand for health, social care and state pensions increases.

The report argues migration could help alleviate these spending pressures as non-UK nationals living in the UK are more likely to be of working age than UK nationals.

Ben Franklin, head of economics of ageing at the ILC-UK said: 'Immigration is no silver bullet. The UK’s ageing population is a dramatic shift that will require a myriad of policies to help achieve desirable outcomes. However, we must recognise the benefits of immigration as a means of coping with the challenge.

'Migrants are typically of working age, in employment and make a net positive contribution to government finances by contributing more in tax than they take out in benefits.'

ILC-UK also analysed local authority data to disprove the fear that migrants are pushing British citizens out of employment. The figures show on average those local authorities with higher levels of employment amongst non-UK born citizens also have higher employment rates for the white UK born population.

Read our feature on how local authorities can best respond to demographic changes and rising levels of migration.

Overcoming the barriers to Commercial Card use image

Overcoming the barriers to Commercial Card use

Want to reap the benefits of Commercial Cards but coming up against some challenges? James Sykes, Head of Commercial Cards, Lloyds Bank and David Legg, Head of Corporate Card Products, Lloyds Bank, discuss how the payments industry is helping organisations unlock their true value.
SIGN UP
For your free daily news bulletin
Highways jobs

Environmental Health/Environmental Protection Officer - Noise

Tower Hamlets London Borough Council
£41,607.00 - £44,598.00
This post attracts an essential car user allowance. The post holder is able to take part in the Council's flexible working scheme. Tower Hamlets, London (Greater)
Recuriter: Tower Hamlets London Borough Council

Director of Financial Services (Deputy Section 151)

London Borough of Waltham Forest
£110,118 to £118,864
his is a great opportunity to develop the skills and knowledge that will lead to becoming a Section 151 Officer. Waltham Forest, London (Greater)
Recuriter: London Borough of Waltham Forest

Director of Business Development

North Yorkshire County Council
50-60k + relocation allowance
We are looking for a dynamic and innovative person to help us deliver our ambitious new strategic objectives set out in... North Yorkshire
Recuriter: North Yorkshire County Council

Strategic Service Manager - Bridgend Youth Justice Service

Bridgend County Borough Council
£44,863 - £45,859 per annum
An exciting opportunity has presented to lead Bridgend Youth Justice Service. Bridgend (Pen-y-bont ar Ogwr)
Recuriter: Bridgend County Borough Council

Corporate Property Surveyor

Ashford Borough Council
£34,476 to £37,158 pa - plus Lease Car or Cash alternative of £2,080 pa
Ashford Borough Council has a long and proud record of driving high quality place making. Ashford, Kent
Recuriter: Ashford Borough Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue