Connect with us

Published

on

Net migration has fallen sharply in the UK, the latest official figures show.

The data, published by the Office for National Statistics (ONS), estimates that net migration has halved from 860,000 in the year ending December 2023 to 431,000 in the year ending December 2024.

The drop is the largest ever recorded for a 12-month period, and marks the most significant calendar-year fall in net migration since the early stages of the pandemic.

Politics latest: Net migration to the UK estimated to have halved

Meanwhile, long-term immigration fell below one million for the first time in around three years.

That was estimated to be 948,000 in the year ending December 2024, down by almost a third from 1,326,000 in the previous 12 months and below a million for the first time since the 12 months to March 2022.

Please use Chrome browser for a more accessible video player

‘We need to reduce immigration’

Emigration rose by around 11% to an estimated 517,000 for the year to December, up from 466,000 in the previous year.

More from Politics

Home Secretary Yvette Cooper hailed a 300,000 drop in net migration since the start of the Labour government last July as “important and welcome”.

She said: “These figures show a big increase in returns of failed asylum seekers and foreign national offenders, record levels of illegal working penalties, and the asylum backlog and hotel use coming down.”

Net migration hit a record high of 906,000 in June 2023, and stood at 728,000 in the year to June 2024, shortly before Labour took over from the previous Conservative government.

But former home secretary James Cleverly said while Labour “will try to claim credit” for the falling numbers, the changes are a result of policies enacted while he was in government.

What caused this fall in net migration?

The sharp fall reported on Thursday is thought to be driven by a decrease in immigration from non-European Union nationals.

The ONS also noted plummeting numbers of people coming to work and study in the UK.

Additionally, these estimates follow restrictions introduced under the Conservatives in early 2024 on people eligible to travel to the UK on work or study visas.

Mary Gregory, the director of population statistics at the ONS, said the fall is “driven by falling numbers of people coming to work and study, particularly student dependants”.

She said: “There has also been an increase in emigration over the 12 months to December 2024, especially people leaving who originally came on study visas once pandemic travel restrictions to the UK were eased.”

Read more from Sky News:
Chemical castration for sex offenders
Judge blocks Chagos Islands deal

The new estimates come less than a fortnight after Sir Keir Starmer set out a series of measures aimed at reducing further the number of people moving long term to the UK.

The prime minister, who said the country risks becoming an “island of strangers” without better integration, said he wanted net migration to have fallen “significantly” by the next general election – but refused to set a target number.

Sir Keir’s plan includes reforming work and study visas and requiring a higher level of English across all immigration routes, and is expected to reduce the number of people coming to the UK by up to 100,000 per year.

However, the Conservatives have claimed credit for the fall.

Former home secretary James Cleverly said while Labour “will try to claim credit”, the changes are a result of policies enacted while he was in government.

He said: “This drop is because of the visa rule changes that I put in place. Labour will try to claim credit for these figures but they criticised me at the time, and have failed to fully implement the changes.”

Continue Reading

Politics

Starmer refuses to rule out manifesto-breaking tax rises in budget

Published

on

By

Starmer refuses to rule out manifesto-breaking tax rises in budget

The prime minister has refused to rule out manifesto-breaking tax hikes in next week’s budget while speaking to Sky News political editor Beth Rigby.

Sir Keir Starmer was interviewed by Rigby while the pair were in South Africa for a meeting of the G20 group of nations.

Despite the government last year indicating it was not going to raise more taxes, it appears that Wednesday’s fiscal event will involve substantial increases in levies.

The 2024 Labour manifesto said: “We will ensure taxes on working people are kept as low as possible.

“Labour will not increase taxes on working people, which is why we will not increase national insurance, the basic, higher, or additional rates of income tax, or VAT.”

At the start of their interview, the prime minister was asked by Rigby if it was important for politicians to “stick to their word”.

Sir Keir said: “Yes, it is important that politicians stick to their word.

More on Budget 2025

“They have to make decisions against a political backdrop. And, we’ve also got big decisions to make in the budget that’s coming in just a few days time.”

This caveat matches the expectations that a range of taxes are going to be increased so the government can keep its spending pledges and increase its fiscal headroom amid worsening economic headwinds.

There was chaos last week after the increase in income tax that many had expected to be on the way was revealed to no longer be on the cards.

Please use Chrome browser for a more accessible video player

Why has chancellor U-turned on income tax rises?

Asked specifically on the manifesto commitment on tax, Sir Keir told Rigby that decisions will be made “against a very difficult backdrop”.

In total, the prime minister refused 12 times to rule out tax rises.

He added it was “important to take the right decisions for our country”.

Rigby pointed out in the lead-up to the 2024 Budget, the prime minister was more unequivocal, saying income tax, national insurance and VAT would not all go up.

The prime minister declined to make the same promise, saying the decisions on tax will be announced on Wednesday.

Read more:
Did Reeves pull of something extraordinary?
Government borrowing higher than expected
Will energy bills be made cheaper?

However, Sir Keir said the budget will be guided by “principles”, including “fairness”.

The prime minister said the three areas he is “bearing down on” are the NHS, cutting national debt and dealing with the cost of living crisis.

One tax rise that has not been ruled out is what is known as a “stealth tax rise” of freezing income tax thresholds.

Rigby highlighted that in last year’s budget, Rachel Reeves said freezing thresholds will “hurt working people” – and asked the prime minister if he agreed.

👉 Click here to listen to Electoral Dysfunction on your podcast app 👈

Sir Keir said: “We are going to set out our decisions.

“We will have absolutely in mind that the cost of living is the number one issue for people across the country.”

Pushed again, if working people will have their taxes increased, the prime minister instead mentioned he has people who are “struggling with the cost of living” in mind when making decisions.

Continue Reading

Politics

Ex-Coinbase lawyer announces run for New York Attorney General, citing crypto policy

Published

on

By

Ex-Coinbase lawyer announces run for New York Attorney General, citing crypto policy

Khurram Dara, a former policy lawyer at cryptocurrency exchange Coinbase, officially launched his campaign for New York State Attorney General.

In a Friday notice, Dara cited his “regulatory and policy experience, particularly in the crypto and fintech space” among his reasons to try to unseat Attorney General Letitia James in 2026.

The former Coinbase lawyer had been hinting since August at potential plans to run for office, claiming that James had engaged in “lawfare” against the crypto industry in New York.

Law, Politics, New York, Elections
Source: Khurram Dara

Until July, Dara was the regulatory and policy principal at Bain Capital Crypto, the digital asset arm of the investment company. According to his LinkedIn profile, he worked as Coinbase’s policy counsel from June 2022 to January 2023 and was previously employed at the crypto companies Fluidity and Airswap.

James, who took office in 2019, has faced criticism from many in the crypto industry for filing lawsuits against companies on behalf of affected New Yorkers, including Genesis, KuCoin and NovaTech. Whoever assumes the role of New York’s attorney general would have significant discretion over whether to file charges against crypto companies.

Related: New York AG urges Congress to bolster protections in crypto bills

Dara, who said he plans to run as a Republican, also echoed Mayor-elect Zohran Mamdani’s recent winning campaign, citing New Yorkers’ concerns about the cost of living and affordability. Cointelegraph reached out to Dara for comment, but had not received a response at the time of publication.

The lawyer who represented XRP holders is also running for office again

As the deadline approached for candidates for various offices to announce their runs, former Massachusetts senatorial candidate John Deaton said he would try to unseat a Democrat again. 

Deaton ran against Senator Elizabeth Warren in 2024, losing by about 700,000 votes. On Nov. 10, however, he announced he would run as a Republican again, attempting to unseat Senator Ed Markey in 2026.