I wonder if it's to do the wealth generated for boomers through home ownership. We've traditionally had higher home ownership rates than in continental Europe and our house price increases have, I believe, been way over and above anything experienced elsewhere in Europe. Home owning Boomers have done very well in the UK. And after a taste of the retired life during Covid, why not release some equity from the house or downsize to pull retirement forward?What is true is that for some reason our employees have not returned to work post-Covid in the same way as employees abroad have done but it cannot be overall said that our sickness record is more of a problem than it usually is elsewhere:
Chronic illness makes UK workforce the sickest in developed world (ft.com)