United Kingdom Declining Birth Rate Debate

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Department: HM Treasury

United Kingdom Declining Birth Rate

Lord Tyrie Excerpts
Wednesday 6th November 2024

(2 weeks, 1 day ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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I am grateful to the noble Baroness for her question. I agree with much of the sentiment that sits behind it. The Government recognise and value the contribution that legal migration makes to our country. We will continue to strike a balance between ensuring that we have access to the skills that we need while encouraging businesses to invest in the domestic workforce.

Lord Tyrie Portrait Lord Tyrie (Non-Afl)
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Further to that question, what conclusions do the Government draw from the substantial evidence now that immigration at the margin increases the tax yield by more than it increases public expenditure?

Lord Livermore Portrait Lord Livermore (Lab)
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It is a very important point and one that we should retain as we make policy.