The Romanian who arrived to anti-immigration fever
For a brief moment, Victor Spirescu stood for a host of issues that reflect none too well on Britain.
Victor Spirescu's moment of fame is over, says Polly Toynbee in The Guardian. In Luton airport's arrivals hall on New Year's Day, the Romanian immigrant briefly stood for a "host of issues" that reflect none too well on Britain: "anti-immigration fever, Europhobia, benefit-scrounging hysteria, a living reminder of our high unemployment, low pay, weak labour laws and slum housing epidemic".
The truth is that immigrants are often exploited, paid well below the minimum wage after various deductions such as travel, accommodation and uniforms. Once British people with families could afford to take the jobs, "employers would lose any incentive to recruit cheap workers abroad", Labour says.
But we need immigrants, says Philip Collins in The Times. A fifth of the total tax raised in the UK comes from London and 40% of London's population is foreign-born. Immigrants are younger and more enterprising than Britons, because they are a "self-selecting group of the ambitious".
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The Office for Budget Responsibility predicts that a freeze on immigration would seethe economy grow at 1.9% over the next 50 years. With 240,000 new immigrants a year, it would grow at 2.7%.
Nigel Farage, the leader of Ukip, says that "lower economic growth is a price worth paying to radically cut immigration". He has proposed a five-year moratorium on people settling permanently in Britain.
More than half the electorate want big cuts in immigration too, says Nigel Morris in The Independent. According to the latest British Social Attitudes (BSA) survey, 77% of people support a reduction while 56% want it cut by "a lot", up from 49% ten years ago.
It's not surprising that people aren't reassured by the alleged economic benefits, says Sunder Katwala in The Independent. Those matter, but they need to be combined with a "clear plan to ensure resources and services to areas of rapid population change".
For most, the question is "not about whether to open the borders or slam them shut but how to actively manage the pressures to secure the benefits. The BSA research also captures how attitudes are far more pragmatic and nuanced than our polarised media debate would suggest."
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?
Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
By Kalpana Fitzpatrick Published
-
What does Rachel Reeves’s plan for growth mean for UK investors?
Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
By Katie Williams Published