One-fifth of people in England will be over 65 by the year 2028, new figures suggest
- Total of 20.7 per cent of Britons to be over 65 by 2028, according to ONS figures
- The last estimates – taken in 2018 – showed 18.2 per cent of people were over 65
- South and Midlands will see biggest rise while one city, Coventry, will see a fall
More than one in five people in England will be over 65 before the end of the decade, official projections show.
The share of those older than the traditional retirement age is on course to hit 20.7 per cent by 2028, the figures reveal.
Last estimates taken in 2018 showed 18.2 per cent of people were over 65.
The South and Midlands will see the biggest rise, according to the Office for National Statistics.
More than one in five people in England will be over 65 before the end of the decade, official projections show (stock image)
Just one city is expected to see a fall – Coventry.
This is due to its motor, rail and aerospace industries, which have a low share of older workers.
Andrew Nash, of the ONS, said: ‘Over the next decade, the population of most areas is set to continue growing, particularly in the South and Midlands.
‘Our projections also show the share of people aged 65 years and over will increase almost everywhere.
The share of those older than the traditional retirement age is on course to hit 20.7 per cent by 2028, the figures reveal (stock image)
‘This information is particularly important for anyone planning local services – for example, opportunities and services for older people.’
By 2028, the pension age for men and women will rise to 67.
This should prevent tax hikes to support the increasing older generation for the next few years.
But these are expected to go up for younger workers after 2028.
The overall population of England is due to rise by 2,775,000 to 58,752,000 by 2028.