Question to the HM Treasury:
To ask the Chancellor for the Exchequer, if she will publish the forecasts of the size of the UK labour force broken down by the net migration forecast by (a) the Office of Budget Responsibility and (b) other bodies for the forecast period used by that Office.
The independent Office for Budget Responsibility is responsible for producing forecasts of the UK economy, including the size of the labour force and net migration. The OBR’s latest forecasts, in the October 2024 Economic and fiscal outlook, are available at the OBR’s website.1.
The Office for National Statistics publishes National Population Projections. For the purposes of producing these projections, the ONS produces assumptions for the projected growth in population due to net migration. The ONS’s latest projections, published in January 2024, assume long-term net international migration of 315,000 per year from the year ending mid-2028 onwards. The projections are published on the ONS’s website here: National population projections - Office for National Statistics
1. https://obr.uk/efo/economic-and-fiscal-outlook-october-2024/