population: UK solutions to ageing population

notes on how the UK are coping with an ageing population

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  • 2008, people of retirement age outnumbered those of school age
  • people are drawing pensions for longer putting a strain on healthcare and social services
  • life expectancy is increasing so future economy won't be able to support the population
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  • raising retirement age
  • cut backs in other areas such as education and council budgets
  • increasing number of migrant workers in the country, 600,000 came in 2007
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  • retired wealthy people are able to spend more on leasure activities which benifits the tourist industry
  • businesses targeting elderly people have been set up creating jobs so they can retire later.
  • elderly people can work past retirement age
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  • cut backs in other areas such as education have created problems due to lack of money
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