BoE paper on migration and UK economy

Migration into the UK from EU accession countries continues to suppress inflationary and wage pressures, a working paper from the Bank of England's Monetary Policy Committee published Wednesday 11 April found.

"The entry of recent A8 migrants appears to have improved the workings of the labour market, reduced wage and inflationary pressures and lowered the natural rate of unemployment," the report by MPC member David Blanchflower and MPC unit research adviser Jumana Saleheen and economist

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