MoneyWeek

Best of the financial columnists

A better plan for funding social care

Mark Littlewood

The Times

The current government deserves credit for tackling the social-care funding crisis, says Mark Littlewood. However, raising national insurance (NI) on workers to pay for the current generation of the elderly by placing a “serious financial burden” on the relatively young (who are less likely to vote Conservative) is a political rather than sensible solution. In the past 25 years, pensioners’ households have seen their disposable incomes double. The average wealth held

You’re reading a preview, subscribe to read more.

More from MoneyWeek

MoneyWeek1 min read
Wine Of The Week: A Top Claret To Drink Now
2017 Château Larrivaux, Haut-Médoc, Bordeaux, France £18.50, hhanc.co.uk When this esteemed issue hits your doormat, I will be in Bordeaux putting the finishing touches to my 2023 En Primeur Report. While I always taste and score all the great estat
MoneyWeek3 min readWorld
Peak Peking?
The American Senate passed the $95bn “foreign aid” package funding Ukraine, Israel and Taiwan last week and sent the legislation to president Joe Biden’s desk. There was a time when “foreign aid” meant help to poor people in poor countries. Now it is
MoneyWeek1 min read
Auctions
Going… John Lennon’s “lost” Framus 12-string “Hootenanny” acoustic guitar is expected to set a new world price record for a Beatles guitar when it appears at Julien’s Auctions’ two-day sale in New York from 29 May. Lennon played the instrument on the

Related Books & Audiobooks