Intergenerational Foundation
@inter_gen
Followers
4K
Following
6K
Statuses
20K
Working for younger and future generations. Bluesky: https://t.co/7bMLgX7kbR
United Kingdom
Joined May 2011
New report: Under-30s household spending on essential items now takes up 70% of their weekly budget – a 16% increase compared to 2002/3. Their non-essential spending has dropped off a cliff unlike the over-65s:
6
4
6
Of course this is not surprising when the median under-30s household has to set aside 70% of their weekly expenditure on essential spending - largely due to #rent:
NEW 🚨 Our latest survey of Londoners for @londoncouncils finds that the #CostOfLiving is the top concern for 75% of Londoners. This figure was even higher among private renters (83%). (1)
0
0
0
Lower birth rates reduce the number of future taxpayers to cover the cost of a rapidly ageing population. Wake up all of those supporters of/or reliant on younger generations to pay their triple locked state pension.
🏡 Property crisis is leaving Britons with fewer children than they want – and the economy needs Read more ⬇️
0
2
2
What are the wins & losses for younger generations in the Renters' Rights Bill? This article explains that while security of tenure is welcome the cost of rent is crippling #housingcrisis #youngpeople #rents #section21 #deposits #intergenerationalfairness
0
1
1
RT @DanNeidle: Another example of an increasingly serious problem across all of tax/pensions policy. We are locked into terrible policies w…
0
218
0
@LukeTryl There are unconscious biases going against wfh - not being “seen" by senior colleagues, not stopping to chat at coffee stations, not being there in person to attend impromptu meetings. That said, senior leaders also need to get back to the office to mentor & pass on knowledge
2
0
7
@SimonMcLeod @HadleyFreeman @rcolvile Young people face higher inflation than pensioners because of the cost of housing.
0
0
0
@toegrimes @OXFSolutions @HadleyFreeman @rcolvile No, a flat rate for all with the “triple” part given to poorer pensioners. Job done
0
0
2
RT @inter_gen: @SimonMcLeod @HadleyFreeman @rcolvile 10.1% increase 2022/3 8.5% increase 2023/4 That’s after a decade of 2.5% increases dur…
0
1
0
RT @inter_gen: @OXFSolutions @HadleyFreeman @rcolvile Hence give poorer pensioners more and remove the lock from the 3 million over-65s liv…
0
1
0
@OXFSolutions @HadleyFreeman @rcolvile Hence give poorer pensioners more and remove the lock from the 3 million over-65s living in millionaire households (wealth and assets survey analysis of housing and pension wealth)
1
1
4
@SimonMcLeod @HadleyFreeman @rcolvile 10.1% increase 2022/3 8.5% increase 2023/4 That’s after a decade of 2.5% increases during an ultra low inflationary period. If you want to play that game, we’ll take those state pension payments to you back?
1
1
1
RT @inter_gen: @sequentanalyst @NJM71 People cost the state the most in the last 3 years of their lives via NHS spending, which is partly f…
0
1
0
@sequentanalyst @NJM71 People cost the state the most in the last 3 years of their lives via NHS spending, which is partly funded by national insurance contributions. Not just pensions.
0
1
0
RT @NJM71: Lots of people saying they'd want a refund of NI Contributions *if* the state pension is means tested. The bad news is, NI is ju…
0
19
0
RT @GenSqueeze: We graded Ottawa on five intergenerational competencies. Here's our report card on the government of Canada's commitment to…
0
2
0
RT @mikecosgrove: There’s £6-£7 trillion in unfunded pension liabilities. Every single year the TL is adding hundreds of billions of £s to…
0
29
0
Good - let’s get it gone! 10.1% annual increase, 8.5% annual increase - both in just two years - was bonkers and was just buying the grey vote at the expense of younger taxpayers who will have to contribute more for less and retire later
New pensions minister Torsten Bell once described the state pension triple lock as a "silly system" @theipaper
1
0
9