Young British workers face bleak economic future

Put together, disposable income per head has fallen for British households in five of the last six quarters.

Sticky inflation, rising bills and the fastest set of interest rate hikes in a generation have plunged Britain into a deep cost-of-living crisis. For Britain’s youngest workers, the pain stretches deeper; the country’s adult Zoomers, now in the first half of their twenties, face a toxic cocktail of exorbitant housing costs, weakening job prospects, and a heavy load of student debt.

Together the headwinds threaten to choke not just their ability to progress economically, but also the future prosperity of a country that desperately needs to fill jobs. Anemic growth means there’s no immediate end in sight.