A Resolution Foundation report reveals the UK's deep regional income divide has seen almost no progress since 1997, with London's income remaining 60% higher than Northern Ireland's. The gap between richest and poorest areas persists, challenging Andy Burnham's 'good growth' agenda.
Die Gen Z startet ihre Karriere mit höheren Gehältern als die Millennials, trotz Sorgen wegen des Iran-Kriegs und schwachem Wirtschaftswachstum in Großbritannien. Viele junge Briten sind jedoch weder in Ausbildung noch Arbeit.
New research from the Resolution Foundation indicates Gen Z's early careers are more financially rewarding than millennials', with real weekly pay at age 24 being 12% higher for those born in the late 1990s compared to those born in the late 1980s. However, this positive trend is under threat due to economic pressures and a rising NEET crisis.
The UK has the third-highest rate of young people not in education, employment or training (Neets) among Europe's richest countries, with almost 1 million 16- to 24-year-olds affected – the highest level in over a decade. The Resolution Foundation report cites a "quartet of causes": rising ill-health among young people, weak vocational education, a hands-off benefits system, and a deteriorating jobs market. The Neet rate for 18- to 24-year-olds jumped from 13% in 2019 to 15% in 2025, higher than Germany and Denmark, and more than three times the rate in the Netherlands.
Former Chancellor Jeremy Hunt has proposed a targeted 'social tariff' to support low-income households against rising energy costs caused by the Iran war. The Resolution Foundation estimates typical households face a £480 income decline this year.
