The response to the Ukip surge has reached the panic stage. Just as British business and academia chorused the economic benefits of Union in the final stages of the Scottish referendum campaign, now their refrain is of the economic benefits of immigration. A letter from ten chief executives in the Financial Times pronounced that unimpeded immigration from Eastern Europe is highly valuable.
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Sir Paul Collier is a professor at the Blavatnik School of Government, Oxford University. He is the author of Exodus: Immigration and Multiculturalism.
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