at establishing the bona fides of the euro beyond its borders. A significant step was taken on June 15th when €20bn-worth of bonds was issued as part of the Next Generation EU scheme to boost European economies. Those could yet rival American Treasury bonds as a safe asset of choice..
In 1981 the top five countries of origin accounted for 46% of all non-British-born people in England and Wales. By 2001 the top five amounted to 35%; in 2019 just 32%. That trend is likely to continue. Britain’s departure from the EU ended free movement from Europe, which probably will mean slower migration from Poland and Romania. But moving from elsewhere is now easier, because the salary threshold for people with job offers has been lowered.
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