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Low birth rates and a rapidly-aging population mean we are facing a demographic time bomb on a global scale. Last year in the UK, 900,000 people turned 50 but only 700,000 births were recorded – creating a 23% ‘birthgap’. In the US, the birthgap is around 15%, and it is estimated that around 8 to 10 thousand people hit retirement age every day.

As the world’s population continues to age at pace, we find ourselves grappling with an unprecedented care crisis. Demand for care already far outstrips supply, and societal needs for social care are only set to intensify. We must urgently rethink how we provide and access social care if we are to ensure that our most vulnerable populations have access to the care they need, when they need it.