Connect with us

Published

on

The Home Office has rowed back on plans to increase the salary threshold for Britons wishing to bring a family member to the UK following a backlash.

Home Secretary James Cleverly told the Commons earlier this month that the threshold for a family visa would rise from £18,600 to £38,700 by “next spring” in a bid to reduce the number of people coming to the UK.

But documents released by the Home Office state that the earning threshold Britons need to bring foreign family members will now only increase to £29,000 in the spring – while no timeline has been set out for when the higher threshold of £38,700 will be introduced.

Home Office minister Lord Sharpe of Epsom confirmed the change in answer to a written parliamentary question on Thursday.

Lord Sharpe said the current threshold of £18,600 allows 75% of the UK working population to bring their foreign family members to join them but that increasing the threshold to £38,700 would reduce that figure to 30% of the working population.

Politics latest: Vladimir Putin poses ‘constant threat’, Sir Keir Starmer warns

The minister said: “In spring 2024, we will raise the threshold to £29,000, that is the 25th percentile of earnings for jobs which are eligible for skilled worker visas, moving to the 40th percentile (currently £34,500) and finally the 50th percentile (currently £38,700 and the level at which the general skilled worker threshold is set) in the final stage of implementation.”

More on James Cleverly

He said the minimum income requirement would be increased in “incremental stages to give predictability” and that in spring 2024, it would be raised to £29,000.

No date for when the threshold would rise beyond £29,000 was given in Lord Sharpe’s answer.

When later asked by Sky News if a timeframe had been set for the threshold’s rise to £38,700, a Home Office spokeswoman confirmed that it had not but added dates would be announced in due course.

Please use Chrome browser for a more accessible video player

Sunak warns of migration threat

Mr Cleverly said following the update that he still believed the government’s plans would reduce net migration by 300,000 people a year.

“I have been clear that current levels of migration to the UK are far too high,” he said.

“The British people are, rightly, frustrated and want to see action.

“This is why the government announced a plan to decisively cut net migration and ensure the system is fair and works for the people of this country.

“It is vital that British workers are not undercut and that we ease the strain on our public services. The measures I have announced prioritise those who will contribute significantly to our economy, whilst cracking down on those who seek to take advantage of our kindness.

“Today, I have provided further detail about how these measures will be applied and when they will be introduced.

“This plan will deliver the biggest ever reduction in net migration, with around 300,000 fewer people coming to the UK compared to last year, delivering on our promise to bring the numbers down.”

But Liberal Democrat home affairs spokesman Alistair Carmichael said: “You have to wonder who is in charge at the Home Office, or if anyone is.

“It was clear to everyone else that the raising of the earnings threshold was unworkable.

“This was yet another half thought through idea to placate the hardliners on their own back benches.

Please use Chrome browser for a more accessible video player

‘The Tory party faces electoral oblivion’

“James Cleverly needs to put down the spade and stop digging. Decisions like this should be made by experts and politicians working together.”

Labour’s shadow home secretary Yvette Cooper said the climbdown was “more evidence of Tory government chaos on immigration and the economy”.

Mr Cleverly unveiled the salary change as part of a five-point plan to reduce legal migration after net migration hit a record-breaking 745,000 in the year to December 2022.

Other measures announced in the plan include a ban on care workers bringing over their families and raising the minimum salary for a skilled worker visa from £26,200 to £38,700.

Leading immigration researchers at The Migration Observatory at Oxford University warned the new family visa rules could leave British citizens with a foreign partner facing greater restrictions on who they can live with than migrant workers.

It said the plan to hike the family visa salary threshold to £38,700 could mean that “in some circumstances, British workers would face more restrictive rules on family than migrant workers in the same job”.

Read more:
‘Embarrassed’ backbenchers demand action on net migration
Jenrick resigns as immigration minister over govt’s Rwanda plan

During Prime Minister’s Questions last week, Labour MP Sir Stephen Timms warned that the marriage plans of “thousands of couples” had been “dashed” by Mr Cleverly’s announcement.

Continue Reading

Politics

The BBC’s billion dollar question

Published

on

By

The BBC's billion dollar question

👉Listen to Politics at Sam and Anne’s on your podcast app👈

With US President Donald Trump threatening to sue the BBC, how likely is the broadcaster to pay out? And how have those across the political spectrum been reacting?

And with 15 days until Chancellor Rachel Reeves’s budget, Matthew McGregor – the chief executive of campaign group 38 Degrees and a former digital strategist for both Labour and Barack Obama – takes issue with Sam’s take from yesterday and sends in a voice note.

And Sam and Anne discuss the latest twist in the Your Party saga, and it’s all about money.

Continue Reading

Politics

Brazil classifies stablecoin payments as foreign exchange under new rules

Published

on

By

Brazil classifies stablecoin payments as foreign exchange under new rules

Brazil’s central bank completed rules that bring crypto companies under banking-style oversight, classifying stablecoin transactions and certain self-custody wallet transfers as foreign-exchange operations. 

Under Resolutions 519, 520 and 521, published Monday, the Banco Central do Brasil (BCB) established operational standards and authorization procedures for what it calls Sociedades Prestadoras de Serviços de Ativos Virtuais (SPSAVs), a new category of licensed virtual-asset service providers operating in the country. 

The framework extends existing rules on consumer protection, transparency and Anti-Money Laundering (AML) to crypto brokers, custodians and intermediaries. 

The rules will take effect on Feb. 2, 2026, with mandatory reporting for capital-market and cross-border operations set to begin on May 4, 2026.