"The first paragraph of the party's policy document, Prioritising UK Citizens, says: Reform will save the taxpayer 230bn by taking decisive action on immigration and welfare. ILR will be abolished. No new awards granted and existing ones rescinded. But the thinktank that came up with the figure, the Centre for Policy Studies, has subsequently said the fiscal data contained within this report was the subject of dispute, meaning that the overall cost estimates should no longer be used."
"Jonathan Portes, the professor and former government economist, has written a detail critique of the CPS paper. He said that if the CPS had properly interpreted the OBR data, they would have concluded that there would be a net fiscal benefit of about 125bn in the next few years. At a press conference on Monday, Farage declined to correct the 230bn figure and claimed the true figure was in fact considerably bigger."
The proposal would abolish indefinite leave to remain (ILR), stop new awards and rescind existing ones while claiming 230bn in taxpayer savings from immigration and welfare reforms. The thinktank behind the figure later said the fiscal data were disputed and that the overall cost estimates should not be used. An economist's critique argues correct interpretation of OBR data implies a net fiscal benefit of about 125bn in the next few years. A prominent political figure refused to retract the 230bn claim and said the true figure was larger. The plans would force hundreds of thousands to reapply and potentially lose settled status; about 430,000 non-EU citizens held ILR at the end of 2024.
Read at www.theguardian.com
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