VISABAN: BRITAIN WILL SUFFER CONSEQUENCES, PARLIAMENTARIAN CRIES - Global Report

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Thursday, May 25, 2023

VISABAN: BRITAIN WILL SUFFER CONSEQUENCES, PARLIAMENTARIAN CRIES

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BREAKING: UK Parliamentarian Kicks Against New Visa Policy, Says Britain will Suffer The Consequences






A viral video is currently trending as a member of Parliament (MP) Carol Monaghan, has kicked against the new visa policy for international students announced by the United Kingdom’s government.

Ms Monaghan, a Scottish National party politician from Glasgow North West, who spoke at the parliament, said international students make valuable contributions, especially to the UK’s economy. She said on Wednesday that the UK government’s new policy on international students visas is misjudged.

Justifying the rising inflation rate, the MPC blamed the high energy cost and challenges around the supply chain, among others, which are beyond the reach of the CBN.

He added, “The current trend in price development would continue to be monitored by the bank with greater collaboration with fiscal authority to address the drivers of inflation.”

Analysts in the country had predicted the CBN and the MPC might raise the lending rates at the end of the Monetary Policy Committee.

The apex bank had increased the MPR from 11.5 per cent earlier last year to 18 per cent in March this year across six consecutive rate hikes.

The apex bank had increased the MPR from 11.5 per cent earlier last year to 18 per cent in March this year across six consecutive rate hikes.

She added that Scotland would have to suff£r the consequences of what she described as a ‘misjudged’ policy of the government. According to her, international students enriched the UK’s society in all sectors, including health, IT and universities.

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