Reeves faces tax pressure as immigration forecast drops

Reeves faces tax pressure as immigration forecast drops

RACHEL REEVES could face pressure to raise taxes if a sharp fall in immigration reduces government revenues, economists and migration experts have warned.Forecasts suggest net migration could fall to zero or turn negative by the end of the year, cutting the amount raised in taxes, The Times reported. Experts said the figures were likely to be lower than the Office for Budget Responsibility (OBR) forecast in November, and that the watchdog may ne…