26/06/2012
Young People’s Prospects Have Nosedived Since Financial Crisis
A new measure of young people's prospects, launched today, reveals that they are losing out badly, relative to older generations, and the situation has accelerated since the financial crisis of 2008.
The UK’s first annual Intergenerational Fairness Index (IF Index) – a new open-‐source measurement of how governmental policies affect young people – reveals a worsening by 6-‐7 points over the past two years compared to an annual average deterioration of 2 points up to 2008.
Angus Hanton, Co-‐founder of IF and joint creator of the Index, commented: "The IF Index shows that poorer young people are financing rich old people as our society grapples with demographic change and increasing longevity. It puts into stark relief the real plight of younger generations."
Professor Laurence Kotlikoff, Professor of Economics at Boston MIT, and the creator of
intergenerational accounting for the World Bank in the 1990s, said: "Intergenerational inequity is the moral issue of our day and, like an adult report card, the Intergenerational Foundation’s vitally important Intergenerational Index makes it vividly clear that the UK is failing its young.
The UK, like other developed economies, has engaged in fiscal,educational, health and environmental child abuse."
The Intergenerational Foundation (if.org.uk) took nine indicators that most affect young people’s lives and outlook unemployment, housing, pensions, government debt, participation in democracy, health, income, the environmentand education, – and put them together to create an aggregate of how things have changed over the past 20 years. Setting the Index at 100 in the year 2000, it has risen in its measure of unfairness from 84 in 1990 to a level of 128 by 2010,based on the latest available data.
(GK)
The UK’s first annual Intergenerational Fairness Index (IF Index) – a new open-‐source measurement of how governmental policies affect young people – reveals a worsening by 6-‐7 points over the past two years compared to an annual average deterioration of 2 points up to 2008.
Angus Hanton, Co-‐founder of IF and joint creator of the Index, commented: "The IF Index shows that poorer young people are financing rich old people as our society grapples with demographic change and increasing longevity. It puts into stark relief the real plight of younger generations."
Professor Laurence Kotlikoff, Professor of Economics at Boston MIT, and the creator of
intergenerational accounting for the World Bank in the 1990s, said: "Intergenerational inequity is the moral issue of our day and, like an adult report card, the Intergenerational Foundation’s vitally important Intergenerational Index makes it vividly clear that the UK is failing its young.
The UK, like other developed economies, has engaged in fiscal,educational, health and environmental child abuse."
The Intergenerational Foundation (if.org.uk) took nine indicators that most affect young people’s lives and outlook unemployment, housing, pensions, government debt, participation in democracy, health, income, the environmentand education, – and put them together to create an aggregate of how things have changed over the past 20 years. Setting the Index at 100 in the year 2000, it has risen in its measure of unfairness from 84 in 1990 to a level of 128 by 2010,based on the latest available data.
(GK)
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The total value of new construction projects in the UK has fallen by 21% over the last year with residential projects down by more than 30%.
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The total value of new construction projects in the UK has fallen by 21% over the last year with residential projects down by more than 30%.
26 May 2003
Manchester tops UK index of 'creative' centres
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Manchester tops UK index of 'creative' centres
According to a survey of Britain's cultural and creative centres, Manchester is the most progressive city in the country – or "the UK's answer to San Francisco". For the Boho Britain survey, the UK’s 40 largest cities were ranked through their mix of ethnic diversity, acceptance of the gay community and technological innovation.
17 February 2015
Plans Announced To Make Young People Work For Benefits
The Prime Minister has announced a proposal for 18 to 21-year-olds claiming benefits to do daily work experience. The proposed reform, known as Community Work Programme, would see young people not in work, education or training, required to complete daily work experience, alongside continuing to look for work in order to qualify for benefits.
Plans Announced To Make Young People Work For Benefits
The Prime Minister has announced a proposal for 18 to 21-year-olds claiming benefits to do daily work experience. The proposed reform, known as Community Work Programme, would see young people not in work, education or training, required to complete daily work experience, alongside continuing to look for work in order to qualify for benefits.
12 May 2014
Heart Risk Warning For Old And Young People
The British Heart Foundation has estimated that around half a million people in the UK could be living with a faulty gene putting them at unusually high risk of developing heart disease or dying suddenly at a young age. Inherited heart conditions are heart conditions which are often passed on through families, because of a single faulty gene.
Heart Risk Warning For Old And Young People
The British Heart Foundation has estimated that around half a million people in the UK could be living with a faulty gene putting them at unusually high risk of developing heart disease or dying suddenly at a young age. Inherited heart conditions are heart conditions which are often passed on through families, because of a single faulty gene.
04 February 2014
JobCentre Plus Helps Young People Step On The Career Ladder
Young people have got their foot on the career ladder with YouTube, Disney and Google through working with their local Jobcentre Plus (JCP) adviser, Minister for Employment Esther McVey has announced.
JobCentre Plus Helps Young People Step On The Career Ladder
Young people have got their foot on the career ladder with YouTube, Disney and Google through working with their local Jobcentre Plus (JCP) adviser, Minister for Employment Esther McVey has announced.