Squeezed Youth: The Intergenerational Pay Gap and Cost of Living Crisis

Who have been the biggest victims of the “cost of living crisis” which has occurred in Britain since the beginning of the recession in 2008? In this study, IF analyses data taken from the Annual Survey of Hours and Earnings (ASHE) and the annual Family Spending survey to argue that it is the young who… Read more »

Why BTL (buy-to-let) equals “Big Tax Let-off”

The private rented sector in the UK has witnessed explosive growth since rent restrictions were abolished by the Thatcher government in the late 1980s, a period which has seen thousands of new property investors take up the opportunity to become landlords. Owing to Britain’s acute shortage of new housing, much of this growth has come… Read more »

Funding the Future: How Sovereign Wealth Funds Benefit Future Generations

Should Britain create a sovereign wealth fund to help leave a positive legacy to future generations? Many natural-resource-rich countries have chosen to invest a share of the money generated in a sovereign wealth fund for the benefit of their future citizens. There is a particularly strong intergenerational argument in favour of doing so, as a… Read more »

The IF Regional Unfairness Index: where do young people do worst?

Where do young people fare worst in the UK? This report uses data from IF’s pioneering index of intergenerational unfairness to examine how the problems facing young people vary by region across the UK. By examining a range of different measures of intergenerational unfairness – including housing costs, youth unemployment, levels of engagement with democracy… Read more »

Squeezing our Students? An English/OECD comparison of the student finance burden

The post-2010 reforms to the financing of higher education at English universities have proved extremely controversial. Students on most courses now face the prospect of being charged tuition fees that can cost up to £9,000 per year, and having to pay a higher interest rate on the debt than previous generations of graduates. But how… Read more »

The IF Intergenerational Unfairness Index: 2013 Edition

This is the first annual sequel to the original edition of the Intergenerational Unfairness Index, IF’s pioneering attempt to measure intergenerational unfairness in the UK. Building on the measures established by the 2012 Edition, this piece of research found that the prospects of young people appear to be worsening across a range of key areas,… Read more »

No Entry! Transport barriers facing young people

Young people in Britain are being unfairly disadvantaged by cuts to public transport services, according to this study which was undertaken on IF’s behalf by Richard Bourn of the Campaign for Better Transport. This report particularly looked at the relationship between changes in public transport policy and the declining employment prospects of large numbers of… Read more »

Fare Concessions for Older People: identifying the numbers

Most people are aware that everyone who reaches state pension age in Britain, and most of the over 60s, are given a generous taxpayer-funded subsidy to use public transport. But how do people actually use this in practice? And how much does it cost? In order to investigate how people use age-related fare concessions, IF… Read more »

All in this together? Why over-65s should pay National Insurance

There is currently an imbalance in the UK tax system. As things stand, workers stop having to pay National Insurance contributions (NICs) when they reach state pension age, effectively giving workers who continue at their jobs a pay rise at the expense of the general taxpayer. The rapid increase in the number of workers who… Read more »

Can the UK Afford to Pay for Pensions?

The UK government currently has almost £5 trillion worth of pension liabilities which it will have to pay in the future (£1.2 trillion for public service pensions and £3.84 trillion in respect of the state pension). Most of these are unfunded, meaning that they are largely paid out of annual tax revenues and the bill… Read more »