Skills upgrade will solve ageing population problem, not more saving

Michael Klimes
clock • 2 min read

Institute for Fiscal Studies (IFS) economist James Banks has warned the UK must upgrade the skills of workers and boost productivity to solve the social strains from an ageing population.

Speaking today at NEST Insight's annual conference on longevity, the University of Manchester's professor of economics who is also deputy research director at the IFS, argued while higher saving ra...

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