logo
UK wasted £38 billion on migrant arrival programmes, Oxford report finds

UK wasted £38 billion on migrant arrival programmes, Oxford report finds

The Nationala day ago
Britain has wasted more than £38 billion ($51 billion) on its welcoming schemes for migrants over the past decade, a report has found.
The programmes to adjust and integrate migrants had been 'poorly co-ordinated and driven by a reactive crisis mentality', Oxford's University's Global Exchange on Migration and Diversity found.
The Future of Welcoming in the UK report disclosed that the overall costs of supporting newcomer communities from 2014 to 2024 totalled £20 billion over 26 funding streams, but came to £38 billion when adjusted for inflation.
The major overspend came from finding accommodation for asylum seekers who had fled Afghanistan, Syria, Hong Kong and Ukraine.
The report was critical that after 'front-end welcoming' during the first months after entering the UK, there was 'little focus on longer term integration' that included broader community consent for migration.
Migrant communities were targeted by hard-right anti-immigration groups in Britain last summer with a series of riots that shocked the country.
It was therefore important for the British government to understand that welcoming schemes support 'continuing local consent for migration, which is vital for mitigating tensions', the report said.
It also highlighted that migration brought both costs and economic benefits. It said a net increase in migration of 350,000 people would reduce the UK's net borrowing by £7.4 billion by 2028.
The report proposed a new model for welcoming migrants, changing from a crisis-led provision to 'proactive interventions to build up social infrastructure'.
'The sums that the UK has spent on asylum accommodation over the last decade are unnecessarily high, and this serves nobody well,' said Jacqueline Broadhead, director of the Global Exchange on Migration and Diversity,
'Better planning and organisation could have reduced this sum substantially ... and helped the country to invest in a longer-term and more acceptable model.'
She argued that there is now an opportunity to improve the locations where migrants are hosted that 'supports wider community cohesion and consent for migration'.
'Sensible investment in welcoming has a genuine and positive impact for new arrivals,' she added.
There was a positive note that the Labour government had 'taken several steps which address some of the issues highlighted in the report".
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Spotify to raise premium subscription price in select markets from September
Spotify to raise premium subscription price in select markets from September

Zawya

time6 hours ago

  • Zawya

Spotify to raise premium subscription price in select markets from September

Spotify said on Monday it would increase monthly price of its premium individual subscription in select markets from September, as the Swedish streaming giant looks to improve margins. The company's shares jumped nearly 8%. They have gained about 40% so far this year. The subscription price will rise to 11.99 euros ($13.86) per month from 10.99 euros in markets including South Asia, the Middle East, Africa, Europe, Latin America and the Asia-Pacific region. Spotify said subscribers will receive an email explaining the price rise over the next month. Price increases in the past, combined with cost-cutting efforts in recent years, have helped it to achieve its first annual profit for 2024. The company saw an increase in monthly active users and premium subscribers during the second quarter, while higher taxes related to employee salaries led it to post a loss during the period and weighed on its third-quarter profit forecast. Spotify has been expanding its library of video content to attract subscribers, including through its partner program, which is designed to help podcast creators by offering them monetization options. A growing number of creators are joining the Spotify Partner Program, resulting in a significant increase in video content on the platform, CEO Daniel Ek had earlier told Reuters. The streaming company is also benefiting from Apple's approval of its U.S. app update to show subscription prices and external payment links, after a judge barred the iPhone maker from charging commission on off-app purchases. Ek said this change has led to "a very positive uptick" in the U.S. If similar rules are adopted in Europe and the UK, it would benefit both Spotify and other app developers. ($1 = 0.8650 euros) (Reporting by Jaspreet Singh in Bengaluru; Editing by Shilpi Majumdar)

Spotify to hike premium subscription price in the Middle East, other markets
Spotify to hike premium subscription price in the Middle East, other markets

Khaleej Times

time7 hours ago

  • Khaleej Times

Spotify to hike premium subscription price in the Middle East, other markets

Spotify said on Monday it would increase the monthly price of its premium individual subscription in select markets from September, as the Swedish streaming giant looks to improve margins. Spotify's shares rose more than 5% in premarket trading. They have gained about 40% so far this year. The company said subscribers will receive an email explaining the price increase over the next month. Price increases in the past, combined with cost-cutting efforts in recent years, have helped Spotify achieve its first annual profit for 2024. But the company forecast its third-quarter profit below analysts' estimates last month, as higher taxes related to employee salaries outweighed music streaming demand. It saw an increase in monthly active users and premium subscribers during the second quarter. The subscription price will rise to 11.99 euros ($13.86) per month from 10.99 euros in markets including South Asia, the Middle East, Africa, Europe, Latin America and the Asia-Pacific region. Spotify is also benefiting from Apple's approval of the Swedish company's US app update to show subscription prices and external payment links, after a judge barred the iPhone maker from charging commission on off-app purchases. The audio streaming company's CEO Daniel Ek said this change has led to "a very positive uptick" in the US He also said that if similar rules are adopted in Europe and the UK, it would benefit both Spotify and other app developers. Spotify has been expanding its library of video content to attract subscribers, including through its partner programme, which is designed to help podcast creators by offering them monetisation options. A growing number of creators are joining the Spotify Partner Programme, resulting in a significant increase in video content on our platform, Ek had earlier said.

The UK is losing its millionaires, even if it's not sure how many
The UK is losing its millionaires, even if it's not sure how many

The National

time7 hours ago

  • The National

The UK is losing its millionaires, even if it's not sure how many

One of the hidden traps in dealing with British markets is that the basic set-up is seldom as straightforward as it appears. That is becoming more apparent every day in the fraught debate over a reported billionaire exodus. This phenomenon was first triggered by Brexit, compounded by the Ukraine war and then moved into overdrive by the targeting of non-domiciled tax residents, followed by the abolition of the advantageous status altogether. There are no good figures in this trend. Where there are statistics, these are overlapping and incomplete. In recent weeks, a number of analysts have started to conclude that the rush to the exits is overblown and quite possibly largely bunkum. Something is definitely going on that appears to sum up the UK's decline as an attractive economy, but its impact may not be that easy to properly gauge. The golden passport firm Henley and Partners predicted that 16,500 people would quit the UK this year alone. The non-domiciled population in the UK was 74,000 when the advantageous status was abolished. Official budget planners expected a quarter of that number to quit the UK as a result of the changes, which is just over 18,000. Surveys then suggested that this exodus was being boosted by a large chunk of the country's dollar millionaires. Prominent leavers reportedly included Nassef Sawiris, the Egyptian tycoon; Shravin Bharti Mittal, the Indian businessman; John Fredriksen, the Cypriot shipping magnate; and Richard Gnodde, the South African-born vice president of Goldman Sachs. Mr Fredriksen, who told a Norwegian newspaper that Britain had 'gone to hell', was said to be putting his £250 million ($332 million) Chelsea mansion – The Old Rectory – on the market. In truth, the 'hell' that matters is the budget deficit. Much like US President Donald Trump and his tariffs raid, the UK government is searching for novel areas to tax in order to make up the fiscal gap. The governing Labour party has clearly decided that a form of wealth taxation is its way of plugging a shortfall that seems only likely to widen as AI is brought into the economy. The missing figure that Chancellor of the Exchequer Rachel Reeves appears to be aiming for is $45 billion annually. A modern, mobile population has options. They can move themselves, their asset base and ultimately their investment income out of the country. The report for Henley and Partners faced debunking last week from the lawyer Dan Neidle, for putting the total number of UK dollar millionaires at about 578,000. Its figures relied on the scraping of social media and other inventive data capture techniques to get the numbers it reported. However, the UK's Office for National Statistics suggests that the number in its surveys is about 300,000. And that is part of the problem: the state is using surveys, too. The UK system has no way of knowing how many millionaires are in the country. The government cannot peer even into every bank account let alone estimate any other holdings. When a viral video went around recently suggesting that the UK was triggering checks on people leaving the country, the suggestion was that authorities were rattled by the exodus and going to turn the taxman's gaze on the richer in this way. But no such checks are possible for the reasons above. And in any case, the UK does not record when people fly out, only when they enter the country. In truth, the 'hell' that matters is the budget deficit But wait, there is more. Beauchamp Estates, the very high-end property broker active in places like Knightsbridge, Mayfair and Belgravia, says that there's been a twist in the saga. In the first half of this year, it confirms that those involved in the 27 sales of properties were former non-doms and the majority of those left to relocate to Dubai as their prime primary residence. It noted that the market has speeded up since March. It also said that there is a clear trend of 'house-swapping' where people selling to move to the UAE are selling to buyers from the Gulf. Alongside buyers from North America, these two groups make up more than half the market in London. Some of the buyers in the pipeline are willing to pay up to £150 million. Experts suggest that what is really hurting the UK government in its wealth tax drive is the imposition of inheritance tax on the estates of the wealthy. That is an emotional issue that even saw Mr Trump give Prime Minister Keir Starmer a lecture on the 'death tax' when they met in Scotland last week. Pragmatic consideration should now force a rethink. The UK government won't, in the end, be able to tax what is no longer there. The figure for the number of people moving in this trend are, as we see, highly uncertain. But the high-profile examples given above tell a tale. Before it is too late, the Chancellor should recognise what Beauchamps detects; that the UK market has real and enduring appeal. Dislocation happens every now and then in a market that is deep and liquid. It is not too late to find more subtle ways to manage upwards the tax take from a dynamic economy that is popular with wealth creators. London, for example, is still a platform for global wealth. For her part, Ms Reeves is trying to make investing in the UK even more attractive. Starving the supply of sensational headlines about the exodus of the rich, when something more nuanced is actually taking place, would be a good place to start.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store