UK millennials are worse off than previous generations

The evidence shows that millennials today are getting a raw deal. And, ultimately, that's a political choice.

millennial woman leaning on yellow wall
(Image credit: Getty Images)

Every generation thinks they have it tough, but the evidence shows that today’s millennials are getting a raw deal. That is ultimately a political choice.

A report compiled by economists at the Resolution Foundation has laid out the extent to which Britain’s millennial generation (defined here as people born between 1980 and 2000) are worse off than previous cohorts were at the same stage of life. 

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Simon Wilson’s first career was in book publishing, as an economics editor at Routledge, and as a publisher of non-fiction at Random House, specialising in popular business and management books. While there, he published Customers.com, a bestselling classic of the early days of e-commerce, and The Money or Your Life: Reuniting Work and Joy, an inspirational book that helped inspire its publisher towards a post-corporate, portfolio life.   

Since 2001, he has been a writer for MoneyWeek, a financial copywriter, and a long-time contributing editor at The Week. Simon also works as an actor and corporate trainer; current and past clients include investment banks, the Bank of England, the UK government, several Magic Circle law firms and all of the Big Four accountancy firms. He has a degree in languages (German and Spanish) and social and political sciences from the University of Cambridge.