Altered states

The lag in employment trends between the UK and the US is well documented: events in the US jobs market have almost invariably foreshadowed those in the UK. As the bastions of the Anglo-Saxon economic model, both countries are bearing the brunt of the current recession and events in the US.
 

It’s untenable to have a normal retirement age in public-sector schemes that is significantly different from the state retirement age

Brian Bailey, Director of pensions, West Midlands Pension Fund and member of High Pay Commission