Financial watchdog warns UK facing £30 billion bill every decade to pay for NHS as population ages Britain's ageing population will cost the UK £30 billion every decade in increased NHS, pensions and social care costs over the next 50 years and put pressure on the Chancellor's pledge to cut the deficit, a report has warned.
The Office for Budget Responsibility found that spending on healthcare and pensions will grow faster than the British economy by 2066 leaving the UK with a gap of £156 billion unless taxes are increased and spending cut to pay for it. The Daily Telegraph
See also:
The Office for Budget Responsibility found that spending on healthcare and pensions will grow faster than the British economy by 2066 leaving the UK with a gap of £156 billion unless taxes are increased and spending cut to pay for it. The Daily Telegraph
See also:
- Fiscal sustainability report – January 2017 Office for Budget Responsibility
- NHS will need £88bn extra by 2067, says OBR forecast The Guardian
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