Monday, 18 July 2016

Brexit will reduce immigration - by damaging the economy

"Without reflection, we go blindly on our way, creating more unintended consequences" - Margaret Wheatley
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If those who voted to leave to the EU did so in the hope that immigration levels would be drastically reduced then they may just get their wish. Our first piece today looks at a new report by the Social Market Foundation think tank which suggests that the impact of Brexit on the economy could be so harsh that net migration to the UK could fall by 58% next year. So the Conservatives may soon be able to meet that elusive immigration target set by David Cameron, but at what cost to the economy?

And the uncertainty over the economy will almost certainly be felt by the housing market. In the latest from our series on the effect of Brexit, we have a piece which suggests that while it's still to early to know how hard the sector will be hit, if jobs growth and investment fall then the impact could be prolonged.

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Brexit will reduce immigration - by damaging the economy  


 

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