Jump to contentAllNewsSportCultureLifestyleResearch by charity Trussell reveals that 47 per cent of 16 to 25-year-olds in the UK are delaying major life milestones, such as moving out and learning to drive, due to financial pressures. The study found that 55 per cent of young people are putting off buying a home, with stagnant wages and rising property costs making homeownership increasingly unreachable. Financial hardship severely impacts employment prospects, with 45 per cent rating local job opportunities as poor and only 34 per cent able to afford moving for work. Young people raised in financial hardship are nearly twice as likely to be NEET, contributing to more than one million young people currently out of education, employment, or training. Charity leaders have warned that these growing economic barriers risk locking a generation out of independence, housing, and meaningful employment. In full‘Starting a family is out of the question’: Britain’s young people trapped by financesMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Why almost half of young people in UK are having to delay major life milestones
Jump to contentAllNewsSportCultureLifestyleResearch by charity Trussell reveals that 47 per cent of 16 to 25-year-olds in the UK are delaying major life milestones, such as moving out and learning to drive, due to financial pressures. The study found that 55 per cent of young people are putting off buying a home, with stagnant wages and rising property costs making homeownership increasingly unreachable. Financial hardship severely impacts employment prospects, with 45 per cent rating local job opportunities as poor and only 34 per cent able to afford moving for work. Young people raised in financial hardship are nearly twice as likely to be NEET, contributing to more than one million young people currently out of education, employment, or training. Charity leaders have warned that these growing economic barriers risk locking a generation out of independence, housing, and meaningful employment. In full‘Starting a family is out of the question’: Britain’s young people trapped by financesMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
