Sat 29 Aug 2026
FTSE 100 10,824.26 +0.07%Microsoft 513.53 +6.27%NVIDIA 217.55 +1.32%Apple 319.70 +3.35%Google 342.88 +0.33%S&P 500 7,711.76 +0.49%Nasdaq 26,402.42 +0.85%Dow 53,559.99 +0.53%Russell 2000 2,972.37 -1.51%US 10Y Treasury 4.72% +0.34%Euro Stoxx 50 6,485.67 +0.58%DAX 26,569.99 +1.66%AEX-Index 1,112.28 +0.21%Nikkei 225 66,405.56 +1.34%Hang Seng 25,584.79 -1.63%Gold $4,529.90 -2.39%Silver $67.79 -1.10%Brent Crude Oil $88.10 -4.42%Natural Gas $2.89 +3.81%Copper $6.66 +0.91%GBP/USD 1.3537 -0.86%GBP/EUR 1.1679 -0.08%GBP/AUD 1.8899 -0.72%Bitcoin (USD) $77,704 -1.10%Ethereum (USD) $2,437 -0.27%FTSE 100 10,824.26 +0.07%Microsoft 513.53 +6.27%NVIDIA 217.55 +1.32%Apple 319.70 +3.35%Google 342.88 +0.33%S&P 500 7,711.76 +0.49%Nasdaq 26,402.42 +0.85%Dow 53,559.99 +0.53%Russell 2000 2,972.37 -1.51%US 10Y Treasury 4.72% +0.34%Euro Stoxx 50 6,485.67 +0.58%DAX 26,569.99 +1.66%AEX-Index 1,112.28 +0.21%Nikkei 225 66,405.56 +1.34%Hang Seng 25,584.79 -1.63%Gold $4,529.90 -2.39%Silver $67.79 -1.10%Brent Crude Oil $88.10 -4.42%Natural Gas $2.89 +3.81%Copper $6.66 +0.91%GBP/USD 1.3537 -0.86%GBP/EUR 1.1679 -0.08%GBP/AUD 1.8899 -0.72%Bitcoin (USD) $77,704 -1.10%Ethereum (USD) $2,437 -0.27%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 20°C Light rain showerBirmingham 16°C Patchy rain nearbyManchester 15°C Light rain showerNewcastle 18°C Light rain showerBristol 17°C Light rain showerPembroke 20°C Patchy rain nearbyEdinburgh 19°C Patchy rain nearbyBelfast 18°C Patchy rain nearbyInverness 15°C OvercastPenzance 18°C Patchy rain nearbyHolyhead 16°C Patchy rain nearbyNorwich 16°C Patchy rain nearby
More Info

Labour’s Indefinite Leave to Remain Dilemma: A Looming Crisis

Advertisement
Follow News in 60 on Facebook

An immigration expert warns that the UK could face a significant crisis if the Labour government does not reform the indefinite leave to remain (ILR) policy. Rob Bates, from the Centre for Migration Control, highlights that the surge in migration during the previous Conservative administration is now placing immense pressure on the welfare state. He estimates that the costs associated with settlement could reach up to £10 billion, potentially escalating to hundreds of billions if not addressed promptly.

Bates criticises Labour’s slow response to necessary reforms, suggesting that the fiscal and social impacts of what he terms the ‘Boriswave’ of migration are becoming increasingly evident. He points out that many migrants from this period are now applying for ILR, and the assumption that they will predominantly be high earners is misleading. In reality, a significant portion consists of family members and dependants, with many relying on the welfare system.

The expert also raises concerns about the high volume of visas being issued, particularly through student routes, which he claims are being exploited as long-term migration pathways. More than 60% of individuals on student visas remain in the UK beyond their studies, adding further strain to public services.

As Labour grapples with these challenges, the urgency for reform becomes critical. Without decisive action, the long-term sustainability of the welfare state could be jeopardised, leading to broader societal implications that may affect everyday life for many Britons.

Source: GB News

Read more Money news →

News Category: Money Tags: immigration, labour, migration, policy, welfare

Leave a comment

Your email address will not be published. Required fields are marked *