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U.K. Millennials Worse Off Than People Born in the 1970s

  • Income progress has stalled, fewer own their homes, IFS Says
  • Inherited wealth risks deepening divide within generations
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Millennials Fear They'll Work Forever

Britons in their 30s are worse off than those born a decade earlier, with no improvement in living standards and falling rates of home ownership.

The analysis from the Institute for Fiscal Studies illustrates the extent to which generational progress has ground to a halt amid wage stagnation and soaring house prices.