BRITS may not be able to retire in future because working lives are getting longer, it was claimed yesterday.
Governor of the Bank of England Mark Carney also warned rapid economic change could lead to unemployment and rising inequality.
Mr Carney said that automation and artificial intelligence in a Fourth Industrial Revolution would threaten one in ten jobs in the UK.
People would have to adapt fast, he said, to learn new skills to stay in work.
The bank boss also warned that employers would face a fall in the labour supply produced by an ageing population.
He said later life education and mid-career retraining would be needed.
Mr Carney said: “Unlike in the previous industrial revolutions, the more rapid pace of adjustment and longer working lives means workers may not have the option of retiring.”
Speaking in Dublin, Mr Carney said that revolutionising work practices would, long term, boost productivity and wages and create jobs to maintain or even increase overall employment.
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He added that current rates of pay growth in the UK were below pre-financial crisis averages of a decade ago.
This, he said, reflected continued weakness in productivity growth, and uncertainty associated with Brexit.
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News Pictures Bank of England chief Mark Carney warns many Brits may not be able to retire in the future
You don’t have to pack away your bikini just because you’re the wrong side of 20. These body-beautiful stars reveal their secrets to staying in shape and prove you can smoulder in a two-piece, whatever your age. Read on and be bikini inspired!
TEENS
Hayden Panettiere
Size: 8
Age: 18
Height: 5ft 1in
Weight: 8st
To achieve her kick-ass figure, Hayden – who plays cheerleader Claire Bennet in Heroes – follows the ‘quartering’ rule. She eats only a quarter of the food on her plate, then waits 20 minutes before deciding whether she needs to eat again.
Hayden says: “I don’t have a model’s body, but I’m not one of those crazy girls who thinks that they’re fat. I’m OK with what I have.”
Nicollette says: “I don’t like diets – I see it, I eat it! I believe in eating healthily with lots of protein, vegetables and carbs to give you energy.”
kim cattrall
Size: 10-12
Age: 52
Height: 5ft 8in
Weight: 9st 4lb
SATC star Kim swears by gym sessions with Russian kettle bells (traditional cast-iron weights) and the South Beach Diet to give her the body she wants. To avoid overeating, Kim has a radical diet trick – squirting lemon juice on her leftovers – so she won’t carry on picking.
Kim says: “I am no super-thin Hollywood actress. I am built for men who like women to look like women.”
https://www.thesun.co.uk/wp-content/uploads/2018/09/NINTCHDBPICT000432993471.jpg?strip=all&w=960
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