Conquer Club

The Office for Budget Responsibility said that spending on the state pension, social care and healthcare will rise from 14 per cent of Britain's GDP to almost a fifth.

The report found that allowing more than 140,000 immigrants into Britain a year, equivalent to 6million people, would help increase the overall number of people who are in work and improve public finances.

Its analysis suggests that Britain's borrowing as a propotion of GDP would rise to 99 per cent if there is a steady flow of immigrants. If there was a complete ban on immigrants, borrowing would rise to 174 per cent of GDP.

"There is clear evidence that, since migrants tend to be more concentrated in the working-age group relatively to the rest of the population, immigration has a positive effect on the public sector’s debt dynamics."

The OBR found that Britain's ageing population and strained healthcare system means that there will need to be an extra £19billion of spending cuts or tax rises after 2019.

thegreekdog wrote:When you used the term "world" did you mean to use the term "UK"? Seems like that would be better bait for the person you're trying to attract here.

mrswdk wrote:

thegreekdog wrote:When you used the term "world" did you mean to use the term "UK"? Seems like that would be better bait for the person you're trying to attract here.

Who am I trying to attract?

This particular study focuses on the UK, but given almost all developed countries have ageing populations it could just as easily be applied to pretty much every other developed nation too.