People who live in one of the UK’s most wealthy boroughs are also some of the most likely to continue working past retirement age, new figures have revealed. One in every four Kensington and Chelsea would-be pensioners are still stuck in the daily grind; one of the highest rates in the country, and more than twice as high as the national average.
Analysis of data from the Office for National Statistics (ONS) has revealed that approximately 5,400 people in the area over the age of 65 are still working – which works out at 23 per cent of all pension age people living in Kensington and Chelsea. In Westminster , around 6,100 people are still working, despite being older than the current national retirement age of 65 – one in every five working age people, whilst Hammersmith and Fulham comes in at fourth at 18 percent of its over 65s still working.
Across the country, around 1.2 million people are still working over the age of retirement, but that only works out at 10 per cent of the total.