Migrants boost UK's growth
Eastern Europe migrants have brought powerful benefits to Britain's economy since 10 new countries joined the European Union in 2004, according to research by the Ernst & Young Item Club.
Item, which uses the Treasury's forecasting model, says interest rates are half a percentage point lower than they would have been without the influx of low-cost workers from the new members of the EU club. It calculates that economic growth will be boosted by 0.2 per cent this year, and 0.4 per cent in 2007.
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