The Intergenerational Foundation will be 10 years old in 2021 and this research report investigates how young people have fared over the past decade as well as during COVID-19.
We are most grateful to Curtis Banks for supporting this research:
- Young people have lived through a decade of intergenerational unfairness, with COVID-19 exacerbating their plight
- Young people have fallen behind in 9 out of 10 policy areas investigated: labour market, housing, higher education, government expenditure, wealth and expenditure, physical and mental health, political representation and the environment
- The research used 31 indicators in order to investigate how the position of young people has changed over the decade and during COVID-19
- The report accuses the government of targeting the young with higher direct and indirect taxation rather than focusing its attention on taxing unearned income and wealth
- Recommendations include: reducing not increasing student fees and debt; investing in children and young people’s mental health; removing the Triple Lock on the state pension; withdrawing free prescriptions from people below State Pension Age (SPA); and increasing national insurance contributions of those people who continue to work after retirement and tend to stay on in the same, well paid professional roles.