most state funding including benefits funding that incorporates state pension get spent on the elderly
Snoopers charter - Pensioners will have their bank accounts inspected and monitored
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There's billions of pounds worth of notes, current issues and ones dating back to the 1800's
They're not in bank accounts, nor will they ever be.
The government currently do not know where they are, nor will it ever.
Money: £9bn in old UK banknotes and coins not cashed in
Paper £50 and £20 notes have been unusable since October, but can still be exchanged.
www.bbc.com
Record number of Britons receiving benefits that amount to more than they pay in tax, study finds
Analysis by think tank Civitas shows 83% of all income tax is paid by 40% of British adults. The study's authors say the "net dependency ratio" is the highest on record.
That's a lot more than 14%.
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I can see a section of that pie chart that says 'health care' but not one that says 'health care for ageing population'. Are we looking at different pie charts or are you just assuming that the 'ageing population' is responsible for everything that’s wrong with this country like another certain member of this forum?
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You might need go look into some figures.
They are quite easy to find
Have a look at council spending too
No. I’m looking at the pie chart that Statto, sorry, JohnD posted. if they’re that easy to find, why don’t you post them up? No cherry picking though.
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Here's 1 i found quickly
The UK population is steadily becoming older. ICAEW examines the burden on the public purse at a time of worsening economic conditions.
The UK’s population is getting older and public finances are struggling to keep pace.
According to population projections from the Office for National Statistics, the number of people in the UK aged 65 or over is expected to increase by 35% from 12.5m in 2020 to 15.9m in 2040. This contrasts with a projected 2% increase in those aged between 20 and 64 over the same period (38.9m to 39.5m) and a projected fall of 11% in those aged under 20 (15.6m to 13.9m).
It is a significant issue for public finances, which operate on a ‘pay-as-you-go’ approach that sees the current generation of taxpayers pay for the state pension and health and social care needs of previous generations. More pensioners for each person of working age implies higher taxes or lower spending per pensioner or, most likely, a combination of the two.
Health and social care
Having more people in older age groups is already driving demand for NHS services across the UK. Not only are people living longer – and therefore using the NHS for longer periods – but they are doing so at a point in their lives where their medical needs are greater, increasing the cost to the public finances and putting greater pressure on health services.Research by the Nuffield Trust has found that NHS spend per person rises sharply after age 50, with the ‘85 and above’ bracket needing NHS spending of £7,000 a year on average. In particular, medical care for men in that age group costs about seven times more than for the late-30s cohort.
In England, these factors have contributed to NHS spending rising almost a third in real terms since 2013/14. Despite that, The King’s Fund reports that the NHS has still needed £3.3bn extra in both 2023–24 and 2024–25 to meet increasing demand. Similar budgetary pressures are affecting the NHS in Scotland, Wales and Northern Ireland.
Going forward, NHS spending will need to grow by 3.1% a year and social care funding by 4.3% a year to meet the needs of the UK’s ageing population, estimates the Health Foundation. It’s more funding than was promised in the NHS Long Term Plan, published by the government shortly before the pandemic added yet more pressure to the UK’s healthcare infrastructure.
“One of the reasons for NHS wastefulness and inefficiency is that the current care delivery model is not suited to the challenges of an ageing population,” notes Sebastian Rees, Senior Researcher at thinktank Reform. “The real issue is how to develop a new delivery model. We need to aim for a ‘compression of morbidity’. This means that as people get older, the aim is that they should spend less of their lives in ill health. Right now, the inverse seems to be true.”
There is added pressure on adult social care services, too, especially following the commitment made by recent prime minister Boris Johnson to expand eligibility and cap social care costs to individuals.
Social care plans to stop people in England paying more than £86,000 for personal care expenses are due to be introduced in October 2023. But the finances of the elderly are a cause for concern, too. While many members of the current generation of pensioners own their homes and are in receipt of index-linked defined benefit final salary pensions, future cohorts have less generous pension arrangements that may make them more reliant on the state once they retire.
I’m not disputing that an aging population is putting a demand on 'healthcare', I’m asking what percentage of 'healthcare' in that pie chart that Statto posted is for the 'aging population'. Is it 1%, 20%, 50%, More?
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from your link. "This includes non-cash benefits such as NHS and education services."If more than half of households receive more in benefits, than they pay in tax, that would suggest that a lot more than half of all households receive benefits.Record number of Britons receiving benefits that amount to more than they pay in tax, study finds
Analysis by think tank Civitas shows 83% of all income tax is paid by 40% of British adults. The study's authors say the "net dependency ratio" is the highest on record.news.sky.com
That's sa lot more than 14%.
The scope is not people in education or using NHS.
I'm sorry to learn that you are not aware old people need more medical care, more often, more complex, and for longer.
Your ignorance is very strange.
Perhaps you are puzzled that now you're old, you're not as fit as you used to be.
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why is this relevant? or are you making a case that its important to keep tabs on those most likely to hide assets to get state funding?
Where did I say that? What is the proportion of that 'healthcare' section of your pie chart spent og the ageing population? If you don’t know, just say, don't insinuate. While you’re checking, can you tell us the percentage of that section that is spent on people that have entered the country, not paid in and entered the country as a potential refugee.
The bra Baroness got lots of taxpayers money, and used a network of offshore accounts to conceal it. So maybe politicians and donors need watching.
I look forward to you paying attention to relevance one day.
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is that whataboutery from JohnD.. I think it is.
We don't need to guess the scope or side track - its well documented:
At the moment, almost 9 million claimants would be caught in the surveillance net, including:
5.8 million universal credit claimants
1.6 million employment and support allowance claimants
1.4 million pension credit claimants
so about 14% then - thought so.
We don't need to guess the scope or side track - its well documented:
At the moment, almost 9 million claimants would be caught in the surveillance net, including:
5.8 million universal credit claimants
1.6 million employment and support allowance claimants
1.4 million pension credit claimants
so about 14% then - thought so.
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