The Queen’s 70th Jubilee: We are better off today than we were but rising inequalities threaten to be a party pooper

By Prof Les Mayhew

In recognition of the Queen’s Platinum Jubilee on Sunday, 6 February 2022, this blog looks at the demographic changes in UK society over the 70 years since Her Majesty’s accession, and what we can expect from the future.

Born in 1926, the Queen is in her 96th year and has served as the UK’s and Commonwealth’s monarch and Head of State since 1952. The length of her reign is unmatched in the modern era, being even longer than that of Queen Victoria, her great-grandmother. She has reigned through countless periods of celebration and crisis, and worked with 15 prime ministers; the first being Winston Churchill.

More than 5 in 6 Britons have never known another Head of State. And only 0.15% of the UK population is older than the Queen (approximately 100,000 people), although 6 million people alive today should have vivid memories of her coronation.(1) Around the world, ships, schools, hospitals, sporting events and awards, monuments and sculptures all bear her name – even a mountain range. Postage stamps bear her image. Her presence is such a common part of normal life that we take it for granted.

How has the UK changed over 70 years?

1952 2022
The population was almost entirely white Around 15% of us are Black, Asian, or from other ethnic minorities
Only 1% of the population had no religion. 20% of us aren’t religious
A man born could expect to live to age 79 A man born today can expect to live to the age of 91
A woman born in 1952 could expect to live to 83 A woman born in 2022 can expect to live to 94
The fertility rate was higher than the replacement rate at 2.2 children per woman. Today women have an average of 1.6 children
The average age of marriage for single men and women was 26 and 24 respectively The average age of marriage for single men and women is 34 and 32 respectively
The population was 50.4m The population today is 67.8m
There were 5.5 people of working age to one person aged 65+. There are 3.3 people of working age to one person aged over 65+

While the UK’s Head of State has remained the same since 1952, society has not. Back then, the UK population was almost entirely white; today around 15% are Black, Asian, or from other ethnic minorities. The country has transformed from being virtually of one single religious faith to multi-faith and seen a big increase in people without a religion; up from 1% of the population in 1952 to 20% today.

People today also live much longer. A man born in 1952 could expect to live to age 79 while a man born today can expect to live an additional 12 years, to the age of 91. Similarly, a woman born in 1952 could expect to live to 83. 70 years on, a woman born in 2022 can expect to live to 94z

We are also having fewer children. The fertility rate has decreased from 2.2 in 1952 to 1.6 today. Meanwhile, marriage has been going out of fashion and we are getting married later. Among those aged under 30, married people are now in the minority. Marriage rates have plummeted from 68 per thousand for men and 51 per thousand for women to fewer than 20 per thousand for both cases in 2022. The average age of marriage for single men and women has also increased from 26 to 34 and from 24 to 32.

But despite lower birth rates, our population has continued to grow through a combination of longer lives, earlier baby booms and migration. The UK population today is 67.8m as compared with 50.4m in 1952. This 34% increase compares with a workforce at 34m, which is around 50% higher in 2022 than in 1952 thanks to more women having entered the workforce, but also fewer people needing to take time off work caring for children.

The contribution of migration has varied, with large influxes during the 1950s from Commonwealth countries and much later from the EU. Net annual migration (the difference between immigrants and emigrants) was negative from the early 1960s to 1982 but then turned strongly positive after 2000 with levels reaching 300k+ a year but these are now pegging back.

Gross domestic product (GDP), the main economic measure of how well the economy is performing, has increased 5-fold over the period of the Queen’s reign and GDP/head – a measure of income – has increased 3.5-fold. However, as the global economy has grown, the UK’s share of world trade has shrunk with manufacturing for example declining from 15% of world trade to less than 3%.

What lies ahead?

However, the future is not altogether rosy in UK plc. There are demographic dangers ahead that will dominate Charles’s reign and the political agenda for years to come. In 1952, there were 5.5. people of working age to one person aged 65+. In 2022, this ratio has shrunk to 3.3 whilst UK population projections suggest it could fall to 2.3 by 2040, putting huge strain on the economy due to a shortage of workers.

A second issue, partly related to the first, are the widening inequalities between rich and poor, which is already impacting on politics. ILC/Bayes research finds that male adults in the bottom 5% of areas have much shorter working lives, and 12 fewer years in good health than those in the top 5% but with a gap in life span of less than 5 years.(2)

To put it another way, whereas 85.5% of the population reach state pension age of 66, only 53% do so in good health.(3) Unless the health of the population improves, the fact that life expectancy is increasing will tend to trap those in poor health in a miserable future dependent on a depleted and under-resourced health and care system.

This is definitely not the kind of legacy the Queen would want to leave behind or remembered for. Meanwhile, we celebrate her fantastic life and wish her the best for the remaining time of her reign. Her husband Prince Philip lived just 60 days shy of his 100th birthday, while her mother died in her 102nd year, which argues well for the future of her reign.

References

  1. The longevity of the Royal Family – a tale of two dynasties
  2. The costs of inequality – Putting a price on health
  3. Not ‘if’ but ‘when’ – rises in state pension age

Sources of information: Office for National Statistics (ONS), Bank of England, Gallup

Prof Les Mayhew

Head of Global Research, ILC and Professor of Statistics, Bayes Business School

Les joined ILC in October 2020 as Head of Global Research and will be working on a range of ILC research projects as well as enhancing our research approach and strategy.

Les is also part-time Professor of Statistics at The Business School (formerly Cass), City University, London, and Managing Director of Mayhew Harper Associates Ltd. His previous experience includes 20 years in the Department of Health and Social Security, the Department of Social Security, HM Treasury and the Office for National Statistics, where he was a director. He is an alumnus of the International Institute for Applied Systems Analysis (IIASA), Vienna, an Honorary Fellow of the Institute of Actuaries, and a member of the Royal Economic Society.

For most of this time he has specialised in demographic ageing, health and social care, social security and pensions. In 2004, he co-authored a book entitled the ‘Economic Impacts of Population Ageing in Japan’ and in 2010 wrote a commissioned report for the Prime Minister’s Strategy Unit entitled ‘The Economic Value of Healthy Ageing and Working Longer’. He completed his PhD in 1979 entitled ‘Urban Hospital Location’, which was published by George Allen and Unwin in 1986 and republished in 2018 by Routledge. He has written innovative reports on housing and pensions for the Centre for the Study of Financial Innovation and on social care for DEMOS – two leading London-based think tanks as well various other reports for ILC on a range of topics.

His overseas experience includes spells working on projects in Japan (the economics of ageing), China (pensions), Russia (mortality), Italy (hospital location), Ukraine (women’s reproductive health) and Australia (health service planning). He has published numerous peer reviewed articles and is on the editorial board of two academic journals in his field. He is a member of the steering group for a major project funded by the actuarial profession on diabetes and is also a member of the scientific advisory committee for The Leibniz Science Campus Ruhr (LSCR) at the University of Essen focusing on ageing populations. He is avidly concerned about the levels of inequality in society and how improvements in health should be a key part of the policy response.