Blowing the budget: Why the young have to spend more than the old on essentials

This report investigates spending power across the generations and finds that under-30s’ households: Have to dedicate the higher proportion of their total weekly expenditure to essentials Essential items take up 70% of their budget – a 16% increase compared to 2002/3 The bottom quintile of under-30s have on average have to dedicate 77% of their… Read more »

Locked out: Intergenerational unfairness in the housing market

This June 2024 report analyses local authority areas (LAs) by age and finds that the housing crisis is greatest in those areas where more young people live. The report calls on political candidates in the General Election to pledge to deliver new housing for their younger constituents. Policy recommendations include: Fund and roll out Housing… Read more »

IF General Election Manifesto 2024

With a General Election around the corner, IF has drilled down into the key policy asks required to improve intergenerational fairness on behalf of younger and future generation: Housing Taxation Environmental Student finance Children and young people’s spending And how to ensure that younger and future generations’ interests are included in policy with intergenerational impact… Read more »

Tax wealth to help the young: The intergenerational fairness case for a wealth tax

Why do political parties shy away from taxing wealth in the UK when, according to this report, at least £18 billion could be raised each year if governments introduced a moderate wealth tax that would affect just 1% of the population? Where taxes come from is increasingly an intergenerational fairness issue. This research demonstrates that… Read more »