Significant increase in minimum wage will attract thousands of Europeans to immigrate to Britain

According to the European "Sing Tao Daily" report, economists and immigration experts pointed out that the substantial increase in the British minimum wage will attract thousands of Europeans to immigrate to the United Kingdom.

Osbourne promised in the budget that by 2020, all working people over the age of 25 will receive a minimum living wage of ￡9 an hour. The former cabinet chief economist described the finance minister's proposals as an "extremely stringent budget".

The Office for Budget Responsibility announced that the budget plan is expected to increase the number of net immigrants from the original 105,000 to 165,000 in the next few years.

The flow of immigrants driven by high wages may go against the "EU renegotiation strategy" proposed by Prime Minister Cameron, showing a fundamental problem. Because one of the key issues Cameron is discussing with European partners is finding a solution to reduce net migration.

Jonathan Portes, director of the National Institute of Economic and Social Research, said that due to rising wages, the UK labor market will be more attractive to EU immigrants. attract. However, he also pointed out that most of the new immigrants in the EU are engaged in low-skilled and low-wage jobs, so they are not eligible to apply for tax incentives.

The majority of immigrants are engaged in agriculture, hotels and catering industries, and the number of immigrants receiving on-the-job allowances is less than 10. He also pointed out that this reform will create an incentive for employers to hire people under the age of 25 because their salaries are relatively low.

The Prime Minister is committed to preventing EU workers from receiving tax benefits within four years, but salary increases have offset the loss of tax benefits, and the UK will still attract a large number of single immigrants.

Lord Green of Deddington, chairman of a think tank that fights for the rights of low-income immigrants, also agreed with Porters’ analysis. He said: “The substantial increase in the minimum wage, in the first few years of the policy’s implementation, It is bound to attract more Eastern European workers to work in the UK. Based on the above factors, welfare cuts will be inevitable, which will in turn reduce the wages that immigrant workers who are married with wives and children take home. ?