Increase SPA to 70 by 2046; cut spending by £20bn - PwC

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The only way to reduce UK public debt to pre-crisis levels is to increase state pension age to 70 by 2046 and implement a further £20bn of spending cuts, PwC says.

In a paper published ahead of the Office for Budget Responsibility's first detailed report on long-term UK fiscal sustainability, which is due next week, analysis by PwC revealed if current policie...

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