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The devastating cross-party report says:
•Dismiss Ministers’ “preposterous” assertion that migrants boost the economy by £6billion a year;
•Reject Government claims that foreigners will help to defuse the pensions timebomb;
•Demolish the “fundamentally flawed” Downing Street argument that migrants fill vacancies in the economy;
•And warn that migrants will force up house prices by 10 per cent in the next two decades.
Immigration minister Liam Byrne has also waded into the row thismorning by claiming the inquiry put forward many of the points he hadmade when he was first appointed in 2006.
“The report actually confirms that about £6billion was added to the economy in 2006, that is a big number,” he told GMTV.
“Whatit is also saying, though, I think, is that we should be taking intoaccount the wider impact of immigration when we set immigration policy- now I think that is absolutely right.”
His remarks came as thereport, by the Lords economic affairs committee, which includes formerChancellors Nigel Lawson and Norman Lamont, economists and captains ofindustry, said immigration had had “little or no positive impact” onthe living standards of the existing population.
In fact, the big winners were the migrants themselves who earn higher wages than in their homeland and can also send money home.
Some British workers were even seeing their incomes fall, while up to 100,000 youngsters have been unable to find work.