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.
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