City AM, 18 June 2015

William Mosseri-Marlio wrote an article for City AM where he argued that “Osborne will have to face up to Britain’s pensioners if he wants to tackle debt”

“The (triple lock) price is considerable in the short and long term. The policy will cost £4.6 billion in 2015-16, equivalent to nearly half the annual expenditure on the police. That cost will become eye watering in the future as the population ages. By the time the last batch of millennials retire, in the second half of the century, it will have increased government debt by 26 per cent of GDP. For comparison, that debt currently stands at around 80 per cent.”

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