Though only a slight increase, this is good news for the UK. With rapid fertility rate declines across the developed world, nations will soon face a global society with more grandparents than grandchildren, causing drastic social and economic consequences. More nations should work to raise rates or workforces will become too small to support the elderly.
Those sounding the alarm over declining birth rates are living in the past, and the myth that our workforce is at risk of losing strength needs to be dispelled. We no longer live in an economy dominated by manual labor that requires the participation of a young, physical population. The elderly can support the economy just as well as younger generations and rising birth rates will only exacerbate the climate crisis for all of us.