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Zero net migration would shrink UK GDP by 15% by 2060, Oxford Economics warns


Lower economic growth would depress tax revenues, forcing successive governments into “harder decisions” such as expanding labour force participation among older people or raising the retirement age
A long-term scenario of zero net migration would reduce the United Kingdom’s economy by 15% by 2060 and limit GDP growth to an annual average of 0.9%, according to a report published on Wednesday by consultancy Oxford Economics. The study, which examines the impact of migration on British GDP and public finances, comes amid intense political polarisation over immigration controls.



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