ONS changes to turn UK into 'nation of savers'

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Changes at the Office for National Statistics (ONS) which will count future pension rights as if they were present income will turn the UK into a nation of savers instantly, the Telegraph reports.

The reforms, the first for 15 years, will 'boost the size' of the economy, increase the amount of public debt and raise the savings ratio. The report said, as a result the body could revise up grow...

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