BRITISH migrants sent £11bn back to foreign nations last year – the same amount as our entire Foreign Aid budget.
Last night one Conservative MP warned that the astounding figure “drained away from our economy” showed that increasing migration is a “net cost and not an asset” to Britain.
In total, migrants from across Europe transferred £69bn in remittances last year, said the International Fund for Agricultural Development.
A third, £23bn, was sent back to Eastern Europe while the balance, £46bn, went to more than 50 developing countries outside Europe.
In Britain, around £2bn went to Eastern Europe while the rest was sent mainly to Asia and Africa.