23-11-2016 19:05 via uk.news.yahoo.com

Post-Brexit immigration fall to push up UK public borrowing - official forecast

By Kylie MacLellan LONDON (Reuters) - The British government will have to borrow an extra 16 billion pounds ($20 billion) over the next five years to make up for the impact of lower immigration following the Brexit vote, Britain's independent budget forecasters said on Wednesday. The Office for Budget Responsibility (OBR) also said it did not expect the government to meet its target of reducing annual net migration to below 100,000, even with tighter immigration rules following its exit from the
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