Commuters walk along London Bridge in the UK's capital. The country witnessed a steep decline in net migration last year and a sustained outflow could could lead to labour shortages, ratings agency Moody's warned. Bloomberg
Commuters walk along London Bridge in the UK's capital. The country witnessed a steep decline in net migration last year and a sustained outflow could could lead to labour shortages, ratings agency MoShow more

Economy

Persistent outflow of migrants could weaken UK's economy, Moody’s says

The number of foreign-born workers in the country fell by about 13.7% last year, ONS data showed

Michael Fahy
Michael Fahy

May 20, 2021