Consumption crunch – young people today are spending less than they did at turn of the century

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Intergenerational Centre

Consumption crunch – young people today are spending less than they did at turn of the century   Young people today are spending 7 per cent less on non-housing items than they were back in 2001, according to the Resolution Foundation’s inaugural Intergenerational audit, published today (Thursday). The audit, supported by the Nuffield Foundation, is … Continued

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Additional property wealth across Britain is up more than 50 per cent this century to almost £1 trillion

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Intergenerational Centre

Over one in ten people across Britain own second homes, buy-to-let and overseas properties worth £941bn, according to new research published today (Saturday) by the Resolution Foundation. Game of Homes – a report funded by the Nuffield Foundation – looks at the growth of additional property wealth over the last two decades, who owns it, and … Continued

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High rents and fewer employment black spots are making millennials less job mobile

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Housing, Wealth and Debt, Intergenerational Centre

Higher rents are reducing the financial gains from moving to better paying parts of the country, and mean that young people are less mobile than they were 20 years ago, according to new research published today (Thursday) by the Resolution Foundation. Moving Matters – a report funded by the Nuffield Foundation – shows that the common … Continued

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Pensioner poverty rates have fallen by two-thirds since 1980s peak

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Intergenerational Centre

Pensioner poverty rates for those entering retirement today are down by two-thirds compared to previous generations in the 1980s peak, though children born today are facing record poverty rates, according to a new report published today (Wednesday) by the Resolution Foundation. The Generation of Poverty – a report funded by the Nuffield Foundation – examines … Continued

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The crisis cohort’s pay and career prospects have been scarred for up to a decade

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Jobs, Skills and Pay, Intergenerational Centre

The ‘crisis cohort’ who entered the world of work in the midst of the financial crisis continued to face higher unemployment, lower pay and worse job prospects up to a decade later, compared to other young people entering work before or after the downturn. This is according to a new report published today (Monday) by … Continued

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Policy makers need to get to the bottom of why life expectancy improvements have stalled

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Intergenerational Centre

Commenting on the latest ONS life expectancy estimates published today (Tuesday), David Willetts, Executive Chair of the Resolution Foundation, said: “Rising life expectancy has been one of the biggest boons to our living standards over the last century. “Getting to the bottom of why this long-term improvement has stalled – particularly as we still lag behind … Continued

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