Research has indicated that young adults are one of the social groups who are most likely to see a fall in their living standards because of COVID-19. David Kingman looks at whether they are at especially high risk of being made homeless by the impacts of the virus on the UK economy
Category: Finance
Are young adults more financially vulnerable during the lockdown?
The COVID-19 lockdown is emphasising inequalities in financial resilience between the generations. They existed already, says David Kingman, but there’s a real danger the lockdown could make them worse
Will self-employed young workers be left struggling because of COVID-19?
Extraordinary measures have been put in place to try to slow down the spread of COVID-19, which have made it much harder for many self-employed workers to earn a living. David Kingman looks at how much impact the government’s new COVID-19 mitigation strategy could have on young workers who fall into this category – who… Read more »
Intergenerational Alert: hidden liabilities in the Local Government Pension Scheme
A new report published by IF reveals the hidden liabilities in the Local Government Pension Scheme (LGPS). This threatens to become a major intergenerational issue because, unless urgent action is taken, the cost will be passed on to younger and future generations to pay. Here, in a brief summary, the report’s author, actuary Daryl Boxall,… Read more »
Covid-19: this is the moment to scrap student debt
The Coronavirus crisis calls for some radical rethinking all round – but the young are especially exposed. Angus Hanton, Co-Founder of IF, proposes two solutions that would make a big difference to intergenerational justice: scrap student debt and slash income tax for the young
How could the government reform inheritance tax to increase intergenerational fairness?
The All-Party Parliamentary Group on Inheritance and Intergenerational Fairness recently launched its final set of recommendations on how inheritance tax needs to be reformed to reduce intergenerational inequality. David Kingman provides a brief guide to their proposals
Millennials are spending more on life’s essentials than previous generations
David Kingman explains the findings from IF’s most recent major piece of research
Should Millennials stop saving for the future? Five reasons to carry on saving
Would-be young savers should not be discouraged, argues Angus Hanton, Co-founder of IF – and there are ways that government could valuably give them a helping hand
Low-paid younger workers: the biggest winners in the 2019 general election?
British politics is currently extraordinarily divided. Yet, surprisingly, there seems to be one thing that both Labour and the Conservatives agree on – raising the minimum wage for younger workers. David Kingman takes a look at what this could mean
Book review: “Hired” by James Bloodworth – undercover in low-wage Britain
“Hired: six months undercover in low-wage Britain” paints a vivid picture of life in some of the toughest corners of the world of work. It also – as Angus Hanton, Co-founder of IF, reports – raises issues of intergenerational fairness