London, December 11:

Immigrants in Britain are not only helping to keep the country’s interest rates down and economic growth up but are also better educated, younger and work longer hours than those born in the United Kingdom (UK), according to a Bank of England report.

The report stated that successive waves of immigrants may be needed to sustain this effect, according to the Times.

Analysts Jumana Saleheen and Chris Shadforth found that immigrants played a disproportionate role in key British sectors vulnerable to shortages, particularly professionals, including the NHS and financial services, and in low-skilled ‘elementary’ jobs such as cleaners and shelf stackers, for which often they are overqualified, according to the report.

The reports further stated that working for lower pay, generally, the immigrants also tend to stem pay inflation and keep down pay demands.