GLA report: ‘The Economic Contribution of Older Londoners’

Older people are often perceived as being a burden on their families and a drain on the public purse. In October 2013, the Greater London Authority (GLA) published a report, The Economic Contribution of Older Londoners, to challenge this stereotype. It values the economic contributions older Londoners make, through their paid work, caring for adults, providing childcare and volunteering, at £53 billion a year.