THE UK home secretary will be urged this week to raise the proposed £30K minimum salary threshold for all the new workers from outside the country.
Priti Patel will be asked to respect her vow to restore integrity to the country’s immigration system by insisting all the immigrant workers must get at least £36,700 after Brexit.
The Centre for Social Justice (CSJ) in a report scheduled to be published on Tuesday (13) will urge for a threshold increase and warn that higher low-skilled immigration during the last a few years has caused for fall in wages for the workers born in the UK on lower salaries.
The think-tank warns that during the past 50 years, the population of Britain has increased by over 10 million, 60 per cent of which is due to record level immigration.
CSJ policy director Edward Davies said: ‘Since 1971 our population has grown by 10.1 million. Immigration has contributed 61 per cent of that growth.
‘We must have a thorough and discerning policy approach toward immigration.’
The UK nationals believe that immigration should be restricted.
Around two-thirds in Britain believe that the current level of immigration is too high, according to the report.
The report urges for a review and reform of family-related visas, of which there were 134,789 granted last year.
According to CSJ report, immigration has become a positive for the British economy, but the majority of the country’s people haven’t yet benefited.
The think-tank has also added it was ‘high time’ the government took seriously the problem of endemic poverty in immigrant and minority communities.
The report noted Small Heath in Birmingham as having one of the largest Bengali and Pakistani communities in the UK and is concurrently in the 10 per cent most deprived areas in the country, according to the Government’s Index of Multiple Deprivation.
Davies added: ‘The reality is that high levels of low-skilled immigration have suppressed wages and reduced levels of social mobility. There are real problems of poverty and social breakdown in some immigrant communities.’
Sharing his views he said: ‘developing a framework that makes entry standards higher for economic migrants but is more generous towards those who have had to flee their home countries.’
£1.3m needed to join Britain’s top 10% of wealthy families
Average worker would need 52 years of savings to match elite wealth
South East wealth nearly triple the North East
Rising wealth divide in UK
British families now need total wealth of £1.3 million to enter the country’s wealthiest 10 per cent, according to new research that highlights the growing financial divide in post-pandemic Britain. The Resolution Foundation’s ‘Before the Fall’ report reveals that Britain’s stock of wealth continued to grow during the pandemic, reaching a new record high of 7.5 times GDP.
Whilst relative wealth inequality has remained high, the absolute wealth gaps between rich and poor families have grown sharply following the unprecedented mix of economic shocks and policy interventions during the Covid-19 pandemic.
The report reveals that a typical worker would need to save 52 years’ worth of their earnings to join the wealthiest 10 per cent. This shows how building wealth has become nearly unachievable for ordinary workers, with riches now concentrated amongst those who already own homes and have large pension pots. The wealth gap between the richest and middle-income households now stands at £1.3 million per adult, showing how the distance between rich and poor has grown dramatically.
Regional wealth divide
The wealth divide extends across regions, with stark disparities between the prosperous South and struggling North. Median wealth per adult in 2020-22 stood at £290,000 in the South East, compared to just £110,000 in the North East – a gap of £180,000.
This regional inequality reflects decades of uneven economic development, with London and the South East benefiting from higher property values and greater access to high-paying jobs, whilst northern regions continue to face lower house prices and fewer economic opportunities.
Wealth concentration persists
Molly Broome, senior economist, at Resolution Foundation said, “Soaring wealth and an acute need for more revenue has prompted fresh talk of wealth taxes ahead of the Budget next month. But with property and pensions now representing 80 per cent of the growing bulk of household wealth, we need to be honest that higher wealth taxes are likely to fall on pensioners, Southern homeowners or their families, rather than just being paid by the super-rich,”.
The findings paint a picture of a nation where wealth accumulation has increasingly become concentrated amongst those who already own property and have pension savings, making it harder for younger generations and those without existing assets to climb the wealth ladder.
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