Britain’s economy needs all the immigrants it can get

To listen to some of the more hysterical predictions, New Year’s Day will see Dover thronging with Bulgarians and Romanians climbing off the ferries to look for work in Britain.

Heathrow will be working round the clock to land all the planes coming in from Sofia and Bucharest. By the end of the month, even the Poles and Czechs will be complaining about immigrants taking their jobs.

From the start of 2014 restrictions on the free movement of Romanians and Bulgarians within the EU will be lifted. In response, according to some reports, the government is pushing for a 75 [...]

MoneyWeek magazine

Latest issue:

Magazine cover
Walking out on the banks

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 3 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

The problem with the Bank of England

Fracking: Nine reasons not to get carried away

Five small-cap stocks worth a flutter

This Dutch company could help us tame floods

ScreenHunter_01 Mar. 25 09.51

Get the latest tips and investment opportunities from MoneyWeek magazine: Claim 3 FREE Issues HERE