Nearly four-fifths of Britain’s rising fiscal costs will come from ageing by 2075, finds IPPR

Britain needs a new fiscal settlement that shifts taxes away from young people and work and instead towards property, older people and wealth, argues leading political economistPopulation ageing will account for almost 80 per cent of the additional fiscal pressure facing the UK by 2075, according to a new paper published by IPPR today.Analysis in the paper finds that ageing accounts for less than…