On Air The Morning Show Marc Tyley | 9:30am - Noon

Older generation contributes £40 million annually, meeting hears


A public meeting last night was told researchers estimated older people made a net contribution to the Island’s economy of more than £40 million a year.


The figure included income tax paid to the government, money carers save the NHS and cash saved in childcare costs as well as spending on goods and services.


The data, shown by representatives from the University of the Third Age to the Positive Action Group in Douglas last night, contradicts claims the ageing population is a burden on society.


We asked these older people who were at the meeting what they felt they contributed:


Clip 1

More from Isle of Man News