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The old get richer, and the young get poorer

The Independent, 26 June 2012
Publié le : 26 juin 2012
 Oliver Wright 
Britain's growing army of pensioners is getting a better deal from the state than at any time in the past 15 years while the young bear the brunt of the recession.

Research published today by the Institute for Fiscal Studies (IFS) reveals that the wealth of the elderly has grown faster than that of any other age group, while the amount they pay in tax has progressively fallen.

A separate study, also released today, suggests that, over a range of indicators, the young have lost out compared with older generations since the financial crisis of 2008.

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Mise à jour le 26 juin 2012
Créé le 26 juin 2012
ISSN 2107-7029
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