Companies profit greatly from housing asylum seekers

Companies contracted to house asylum seekers are set to see their executives receive substantial pay increases, despite a government report revealing the accommodation will cost taxpayers £15 billion. The report highlights concerns over the profitability of these contracts. The National Audit Office found the cost of asylum accommodation has tripled from initial estimates. Clearsprings, Serco, and Mears, the three firms involved, are set to receive billions. Clearsprings' boss could become the first "immigration industry" billionaire. The Home Affairs Select Committee plans to question company directors this week. The government's policy of housing asylum seekers in hotels is believed to have contributed to a rise in support for the Reform party.