Inequality between millennials and pensioners has never been worse – but the tide is turning

  • 📰 i newspaper
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 89%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

As we face higher interest rates and a potential fall in real house prices, the intergenerational inequality which currently feels so sharp, could actually ease off 🖋️ Victoria_Spratt for ipaperviews

Vicky Spratt: ‘Over the course of a life, there are two big things that you need to save for: one is buying a home, and the other is having a decent quality of life in retirement’

If he were writing today, Orwell would be even more scathing. If British society is one giant extended family where one person’s actions directly affect the life of another, it is now a very unfair one where the younger members, even the most well-behaved ones who do exactly as they are told, are repeatedly punished.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of England governor signals interest rates likely to stay higher for longer\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Source: FT - 🏆 113. / 51 Read more »

Home sellers forced to cut asking prices after mortgage rates soarHomeowners forced to cut asking prices to sell homes as 5 percent mortgage rates spark 'tipping point'
Source: MENnewsdesk - 🏆 23. / 69 Read more »

Central bank chiefs warn interest rates will keep rising\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Source: FT - 🏆 113. / 51 Read more »

Banks must pass on higher interest rates to savers by end of July, Jeremy Hunt warnsJeremy Hunt has given high-street banks a month to prove they are passing on higher interest rates to savers amid growing concerns they are profiteering from the cost of living crisis
Source: i newspaper - 🏆 8. / 89 Read more »

High interest rates will be with us for some time Bank of England warnsForecasting tools were 'unworkable' as high inflation and low unemployment united to mess up Bank of England's predictions of how long the crisis would last
Source: i newspaper - 🏆 8. / 89 Read more »