EU Migration to the U.K. Plummeted 43% One Year After Brexit Vote
- Net migration from EU accounts for three quarters of decline
- Businesses say loss of foreign workers will harm U.K. economy
Goldman's Gnodde Sees Huge Amount of Market Optimism
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Net migration to the U.K. dropped by a record 106,000 in the year following the Brexit referendum as European Union nationals arrived in fewer numbers, a trend welcomed by some lawmakers and deplored by businesses.
Total arrivals outnumbered departures by 230,000 in the 12 months through June, the lowest figure since the end of 2013, the Office for National Statistics in London said. Net migration stood at a record 336,000 in the year before the referendum.