ONS UK Population Overview report - Business in the Community comments

In response to the ONS UK Population Overview report published this morning, Anne Willmot, age campaign director at Business in the Community, commented:
 
"The impact of people living longer will have all manner of consequences, not just socio-political, but also corporate with changing demographics in workplaces across the UK.
 
“If there are an additional 8.2m people aged 65 or above in 50 years’ time, it’s fair to assume that a sizeable percentage of them will want or need to remain in the workplace in order to maintain a decent level of income.
 
“The ticking pensions time bomb will certainly be one major driver of people wanting to remain in the workforce longer, but so, too, will improved health in later life.
 
“We’re working with companies to get a million more older workers into the workplace. Companies must be transparent and publish the number and percentage of older people they employ to show that they are tackling the issue of ageing workforces head on.
 
"Responsible businesses are already preparing for both the challenges and opportunities that an ageing population will bring, and putting in place age-friendly policies to make the most of the deep structural change emerging in the UK workforce."
 
Ends
 
Media contact:
Cathy Beveridge, media and external affairs manager, Business in the Community
Tel: 07776 181945
Email: Cathy.Beveridge@bitc.org.uk

About Business in the Community
Business in the Community is the oldest and largest business-led membership organisation dedicated to responsible business. We were created nearly 40 years ago by HRH The Prince of Wales to champion responsible business.
We inspire, engage and challenge members and we mobilise that collective strength as a force for good in society to
  • Create a skilled, inclusive workforce today and for the future
  • Build thriving communities in which to live and work
  • Innovate to repair and sustain our planet
Today, we have a vibrant membership of hundreds of businesses, large and small, connected by the conviction that their success is inextricably linked to society’s prosperity.

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