The End Game of U.K Economics

16 insights saved from this video by @money

@money· How Money & Economics Work
UK jobs that locals reject become attractive to migrants when wages and conditions vastly beat alternatives at home.
@money· How Money & Economics Work
In 2023, dependents of UK health and care workers outnumbered the main applicants receiving those visas.
@money· How Money & Economics Work
A Kyrgyz farm worker could earn £15,862 in six UK months versus roughly £2,518 annually at home.
@money· How Money & Economics Work
UK health and care visas nearly tripled from 47,000 to 146,000 in a single year, between 2022 and 2023.
@money· How Money & Economics Work
UK net migration reached a record 944,000 in 2023.
@money· How Money & Economics Work
UK universities expanded international recruitment because overseas students pay uncapped fees while domestic tuition is capped at £9,250.
@money· How Money & Economics Work
EU immigration to the UK has declined consistently since Brexit, with more EU citizens leaving than arriving since 2022.
@money· How Money & Economics Work
The Office for Budget Responsibility finds that the average migrant pays more in taxes than they cost in public services.
@money· How Money & Economics Work
The post-Brexit immigration surge followed deliberate choices on university finances, labour shortages, and humanitarian crises.
@money· How Money & Economics Work
Britain uses immigration as a shock absorber for universities, farms, and hospitals while training, wages, housing, and productivity remain unresolved.
@money· How Money & Economics Work
Reducing migration may eventually force better worker training and job incentives. Workers, tuition fees, and tax revenue are lost immediately.
@money· How Money & Economics Work
Britain became less attractive to mobile wealth after abolishing non-domicile status, taxing worldwide assets, and raising investment-income taxes.
@money· How Money & Economics Work
The UK youth guarantee is underway, but nobody yet knows whether it matches the scale of the NEET crisis.
@money· How Money & Economics Work
The UK is shifting youth funding toward apprenticeships, entry-level jobs, work placements, and sector-specific training pipelines.
@money· How Money & Economics Work
Using immigration to treat labor shortages can resemble painkillers: immediate relief leaves the underlying condition untreated.
@money· How Money & Economics Work
The points-based system gave the UK more control over migration, and the government used it to make non-EU migration easier.

More from Economics Explained

See everything from Economics Explained

Post on X

Keep what you found in The End Game of U.K Economics

A free account saves any of these cards to your Collection, and Korva resurfaces them so you actually remember.