THE GUARDIAN: Social Market Foundation suggests measures including better childcare provision to increase birthrate
Britain is facing a “baby shortage” that could lead to “long-term economic stagnation”, a thinktank has said.
The Social Market Foundation (SMF) said the birthrate was almost half what it was at its postwar peak in the 1960s, and the country’s ageing population could lead to economic decline.
It said ministers should set up a cross-government taskforce to consider the issue, and one helpful measure might be better childcare provision. The thinktank said typical British working parents spend 22% of their income on full-time childcare, more than double the average for western economies.
The birthrate in England and Wales peaked in 1964 when the number of children per woman averaged 2.93. Last year it was 1.58, well below the 2.1 replacement level needed to keep the population rate stable, and in Scotland it was even lower at 1.29. » | Andrew Sparrow, Political correspondent | Monday, September 20, 2021
