Article W943 Osborne reliant on rising immigration levels to achieve budget surplus

Osborne reliant on rising immigration levels to achieve budget surplus

by
Alberto Nardelli
from on (#W943)

Guardian analysis shows that without recent upward revisions of net migration numbers, chancellor would not achieve budget surplus by 2019-20

George Osborne is relying on rising immigration numbers to reach his fiscal target of a budget surplus by the end of the decade, according to a Guardian analysis of official data.

Without the UK's current levels of net migration, the chancellor would be faced with the choice of missing his fiscal goal or achieving a surplus by adding more spending cuts and tax rises to his existing plans.

Related: Net migration to Britain hits new high of 336,000

Related: OBR hands lucky George Osborne a 27bn get-out-of-jail-free card

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