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U.K.’s Falling Immigration Is a Boon for May, But Not for Business

Net immigration to the U.K. is likely to fall to 180,000 in 2018, the closest the government has come to meeting its longstanding target of a reduction to the “tens of thousands.”

That’s the forecast on Tuesday from the Institute of Directors. The decline by at least 50,000 is good news, on the face of it, for Prime Minister Theresa May, who failed to get anywhere close to the goal during her six years in charge of immigration policy as home secretary and, latterly, 18 months as premier.