Fri 26 Jun 2026
FTSE 100 10,491.81 +1.24%Microsoft 352.83 -6.88%NVIDIA 195.74 -4.35%Apple 275.15 -7.03%Google 342.19 -5.50%S&P 500 7,357.49 -0.84%Nasdaq 25,358.60 -2.55%Dow 51,920.62 +0.83%Russell 2000 3,007.86 +3.08%US 10Y Treasury 4.39% -1.33%Euro Stoxx 50 6,243.23 -1.08%DAX 24,836.78 -0.60%AEX-Index 1,062.00 -1.93%Nikkei 225 69,360.88 -4.14%Hang Seng 22,698.56 -5.13%Gold $4,052.20 -3.10%Silver $57.98 -11.53%Brent Crude Oil $73.95 -5.07%Natural Gas $3.32 +2.03%Copper $6.09 -4.25%GBP/USD 1.3202 -0.05%GBP/EUR 1.1593 +0.62%GBP/AUD 1.9149 +1.53%Bitcoin (USD) $60,539 -5.34%Ethereum (USD) $1,581 -8.44%FTSE 100 10,491.81 +1.24%Microsoft 352.83 -6.88%NVIDIA 195.74 -4.35%Apple 275.15 -7.03%Google 342.19 -5.50%S&P 500 7,357.49 -0.84%Nasdaq 25,358.60 -2.55%Dow 51,920.62 +0.83%Russell 2000 3,007.86 +3.08%US 10Y Treasury 4.39% -1.33%Euro Stoxx 50 6,243.23 -1.08%DAX 24,836.78 -0.60%AEX-Index 1,062.00 -1.93%Nikkei 225 69,360.88 -4.14%Hang Seng 22,698.56 -5.13%Gold $4,052.20 -3.10%Silver $57.98 -11.53%Brent Crude Oil $73.95 -5.07%Natural Gas $3.32 +2.03%Copper $6.09 -4.25%GBP/USD 1.3202 -0.05%GBP/EUR 1.1593 +0.62%GBP/AUD 1.9149 +1.53%Bitcoin (USD) $60,539 -5.34%Ethereum (USD) $1,581 -8.44%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 28°C SunnyBirmingham 24°C SunnyManchester 24°C SunnyNewcastle 19°C FogBristol 24°C SunnyCardiff 26°C SunnyEdinburgh 15°C Moderate or heavy snow showersBelfast 19°C Light rain

Burnham’s Immigration Policy Shift Could Burden Families

Advertisement
Follow News in 60 on Facebook

Andy Burnham’s potential reversal of immigration reforms could significantly impact British households financially. An analysis by Reform UK suggests that this U-turn may cost families around £1,800 each, raising concerns about the long-term implications for public finances.

The proposed changes involve reducing the waiting period for migrants to obtain indefinite leave to remain (ILR) from ten years to five. While this may seem beneficial for migrants, the financial burden on taxpayers could be substantial, amounting to an estimated £50 million over the lifetimes of the affected individuals.

Critics argue that this shift could accelerate the integration of unskilled migrants into the welfare system, raising alarms about the sustainability of public services. Burnham’s stance reflects a broader debate within the Labour Party regarding immigration policy, especially in light of the recent influx of migrants during what has been termed the “Boriswave.”

As the political landscape evolves, the implications of Burnham’s decisions could reshape public sentiment and influence future elections. The financial strain on families may lead to increased scrutiny of Labour’s immigration strategy, potentially affecting Burnham’s ambitions for leadership.

Source: GB News

Read more Money news →

News Category: Money Tags: burnham, cost, families, immigration, policy

Leave a comment

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