What are we leaving to our children? Britain's value from a young person's viewpoint

Document type
Report
Corporate author(s)
Intergenerational Foundation
Publisher
Intergenerational Foundation
Date of publication
4 June 2015
Subject(s)
Children and Young People
Collection
Social welfare
Material type
Reports

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This report represents the first major attempt to quantify the total value of all the debts being built up by government today which will be passed on to younger generations, and also tries to measure the total value of all the assets in the UK to see if they balance each other. The results indicate that the next generation in Britain is set to inherit a crisis, with the nation’s unfunded pension liabilities vastly outweighing the value of the resources which currently exist to pay for them. Today’s decision-makers urgently need to act to reduce the burden of these liabilities if they don’t want to be remembered as the generation which bankrupted its children and grandchildren.