UK’s youth planning to be ‘poorer than their parents’

The Takeaway

As riots and unrest continue to spread throughout England, some say they began with youths who are unhappy with the economic climate there. Throughout the U.K., there is a growing sense that many young people are going to face more difficult financial times than their parents’ generation did. The future will bring fewer job opportunities and lower pensions, which will mature at a later date and come at a greater personal cost. Overall, there’s a feeling that politicians are inept to fix the nation’s economic problems. We’re speaking with personal finance guru Alvin Hall, host of the BBC series  “Poorer Than Their Parents.”

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