Topic updates
Will a fall in labour migration hurt the UK economy?
![](https://tutor2u-net.imgix.net/user-photos/gbr_profile.jpg?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=100&q=80&w=100)
29th December 2016
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."
![](https://tutor2u-net.imgix.net/subjects/economics/statistic_id283287_united-kingdom-uk-_-migration-figures-2004-2015.png?auto=compress%2Cformat&fit=clip&q=80&w=800)
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."
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