Wednesday 19 November 2008

Immigration influx last year was second highest on record as 500,000 foreigners make Britain home

Daily Mail

"More than half a million foreigners moved to Britain last year, pushing migration to its second highest level on record.A massive 577,000 people moved to live here in 2007. Of those just 75,000 were Britons returning from overseas, according to new Government figures.The remaining 87 per cent or 502,000 were foreign nationals seeking a new life on British shores."

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Consumer Price Decline Prompts Fear of Deflation in the United States
"In another sign that the struggling economy continues to slow, consumer prices tumbled by a record amount in October....A continued decline in prices could worsen the economic slowdown by making it harder to pay off debts and would negate the impact of interest-rate cuts"
UK take note - it could happen here too. (New York Times)


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