Will a fall in labour migration hurt the UK economy?
Jonathan Portes considers some of the possible effects of a significant reduction in net inward migration from the EU after the UK's Brexit. He argues that " the impacts should not be overstated nor exaggerated; the consequences will be neither insignificant, nor disastrous."
For me the really significant point made in the article is to avoid framing a trade-off between the benefits of remaining inside the Single Market with the downsides of free movement.
According to Portes, "Restricting trade, capital flows and immigration – reducing the openness of the UK economy - all have negative economic impacts."