BBCNEWS World Business Report June 4, 2024 05:39:00
Real factors, rocks of economic growth, two realfactors, one is more people, the other is more productivity. in terms of more people, we have a birth rate in the uk of 1.6 children per woman, and that is far below the replacement rate of 2.1, for example. so the maths alone would suggest that at some point the fact that we are living longer, we are going to be in a place where we are not replacing people at the same rate at which they are dying, from the native—born population. the only way to a place that is immigration, which is key, you need more people if you want more growth, otherwise ...