Side-effects of the virus

The coronavirus pandemic has fuelled an “unprecedented exodus” of migrant workers that has caused the UK population to plummet and may result in “profound” damage to London’s economy, according to a new study.

The Economic Statistics Centre of Excellence says that analysis of estimated labour figures suggests more than half a million non-UK-born people left in the year from September 2019, contributing to a total 1.3 million drop in the population. 

The study findings – which contradict official data – indicate that the population of London alone has fallen by 700,000, equivalent to around 8%. If this decline continues, “the medium to long-term implications for London will be profound”, the study authors warn.

My comment: Not to mention the cost and availability of offices and homes, as increasingly more people migrate to the Continent.

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