The U.K. Is Set To Spend $183 Billion on Pensions This Year. Nigel Farage Vows To Keep Hiking Payments.
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Apr 3, 2026, 5:02 pm110 ptsThe U.K. will spend nearly 138 billion pounds ($183 billion) on retiree benefits this year, more than its entire education or defense budgets. Despite the eye-watering cost, British politicians are pledging to keep funding it. On Thursday, Reform U.K. leader Nigel Farage announced that his party,…
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