THE huge impact of mass immigration was revealed yesterday, with a quarter of people living in Britain’s biggest cities now migrants.Official census figures show the population has changed dramatically over the past 10 years.Experts found that in 2001 the number of citizens actually born in the UK was 75% in London, 92% ....Read More
Does immigration have a positive or negative impact on native populations? Nicole B. Simpson and William Betz have analyzed data on immigrant flows to 26 European countries between 2002, and have found that immigrants have a positive impact on the happiness and well-being of natives, especially after the first year. While the overall positive impact may be a small one, they do mean that the potential costs of immigration on na....Read More
The International Monetary Fund raised its growth forecast for the U.K. economy this year, despite lowering its expectations for Germany, France, Italy and the euro zone.The U.K. upgrade follows similar moves by economists at a number of banks in response to a series of data releases and surveys over recent months that have suggested the economy is in recovery, having grown 0.3% in the first three months of the year.
Even though the prospects of Europe economy are sluggish, the business confidence of Britain rose to highest levels since January 2008. The increase in confidence was due to hopes of rising prospects in America and other countries along with new moods of optimism in the market of the UK.
The economy of Britain will expand faster in this year as customers use their savings towards spending, as per the report of the Ernst & Young Item Club.
The London based group said that contrary to the April forecast of 0.6 percent, the economy of UK will increase by 1.1 percent in this year. As per the report, the growth will be enhanced to 2.2 percent and also to 2.6 percent in the year 2015. Both of these growth rat....Read More