Millions of Britons Heading for a Poor Old Age, Think Tank Says

Millions of Britons are facing financial hardship in old age unless the government takes bold action, a leading think tank warned on Thursday.

With the over-65s projected to account for a quarter of all people in the U.K. within the next 20 years, the Institute for Fiscal Studies said that Britain is woefully unprepared for the challenges posed by an aging population.