Childcare by grandparents is profiled

By Laura Marcus, Nursery World, 31 May 2007

Over-60s in the UK contribute more than £50bn each year in family care, around 3 per cent of GDP, according to one of the largest studies of older people ever undertaken. The third annual HSBC report The Future of Retirement: The New Old Age surveyed 21,000 people aged 40 to 79 within 21 countries and territories worldwide. It found that people in their sixties and seventies make a significant contribution to the economy, as well as their families and communities.

Over-60s in the UK contribute more than £50bn each year in family care, around 3 per cent of GDP, according...

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