Lower net migration could hold back UK growth potential, OBR finds

Lower net migration in the UK could reduce population growth and hold back the country’s economic growth potential, the OBR said (Maja Smiejkowska/PA) - (PA Wire)

Lower net migration in the UK could reduce population growth and hold back the country’s economic growth potential, according to new forecasts.

The Office for Budget Responsibility (OBR), the Government’s official forecaster, said its forecast for net migration was lower than it previously predicted.