Wealth Transfer Escalates Inequality
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wealthiest baby boomersGuardian
•Middle class millennials set to gain most from ‘unprecedented’ wealth transfer
71% Informative
Britain ’s wealth boom fuelled by house prices in recent decades .
Value of UK household wealth soared from three times the size of the economy in mid-1980s to seven times its size on eve of pandemic.
Wealth is now cascading down to children and grandchildren.
People in late 60s were 115,000 wealthier than those of same age in 2006-08 .
VR Score
82
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88
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