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UK millennials ‘still wearing economic scars of 2008 financial crisis’

  • Millennials in the UK are earning no more than those born in the 1970s, while their US counterparts have experienced higher incomes and better income growth.
  • UK millennials have had over two decades of lost progress on pay, while American millennials' disposable incomes increased by 21% compared to their predecessors.
  • UK millennials face lower incomes, decreased homeownership rates, and are forced to live in expensive and insecure rented accommodation. Policy decisions must prioritize their needs and break the trend of disproportionate benefits for older generations.
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Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center
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Evening Standard broke the news in London, United Kingdom on Monday, November 13, 2023.
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