ONS: One in four Brits will be aged over 65 by 2050

An ageing population is drastically altering the economy landscape of the UK, the latest figures from the Office of National Statistics (ONS) have suggested. According to ONS, nearly a quarter of the UK population (24%) will be 65 or older by 2042 and it predicts that 40.34% more of 65 to 69 year olds will be economically active in 2067 (50.55%) compared to 1992 (10.21%). There has been a 29% increase in the number of working women aged 60 to 64, the data also showed. As a result, the ONS has suggested that the old age dependency ratio - the traditional measure of the population ag...