UK net migration is anticipated to decrease to 200,000 by 2026, according to Prof Brian Bell, chair of the Migration Advisory Committee. This reduction, if it materializes, could lead to notable labor shortages in the hospitality and retail sectors. The recent net migration figures reached a peak of 906,000 in June 2023, yet a significant decline is expected over the next few years, eventually stabilizing just below 300,000 eventually. The report also critiques a proposed increase in income thresholds for family visas, indicating it may infringe on human rights laws.
Prof Brian Bell forecasts UK net migration to fall to 200,000 by 2026, potentially causing labor shortages in hospitality and retail sectors.
Recent statistics indicate UK net migration climbed to a record 906,000 in June 2023, but is expected to decrease to 431,000 by December 2024.
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