• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.

Millennials may lose up to £108k over 30 years with no-deal Brexit

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Millennials may lose up to £108k over 30 years with no-deal Brexit

    Young people will be financial losers under all Brexit outcomes facing losses of up to £108,000 over their lifetime under the worst-case no-deal scenario, according to a report which also included a warning from former prime minister John Major about the deep implications for millennials.

    The report, commissioned by the campaign group Our Future, Our Choice, projected the loss of earnings between now and 2050 – accounting for a 30-year career for most young people.

    It used models by Oxford University economist Tommy Peto, partly based on the Brexit briefing papers, which set out its impact over the next 15 years, which showed that the Norway model would have the least adverse financial impact on young people.

    Millennials may lose up to GBP108k over 30 years with no-deal Brexit | Politics | The Guardian

    #2
    Originally posted by AtW View Post
    Young people will be financial losers under all Brexit outcomes facing losses of up to £108,000 over their lifetime under the worst-case no-deal scenario, according to a report which also included a warning from former prime minister John Major about the deep implications for millennials.

    The report, commissioned by the campaign group Our Future, Our Choice, projected the loss of earnings between now and 2050 – accounting for a 30-year career for most young people.

    It used models by Oxford University economist Tommy Peto, partly based on the Brexit briefing papers, which set out its impact over the next 15 years, which showed that the Norway model would have the least adverse financial impact on young people.

    Millennials may lose up to GBP108k over 30 years with no-deal Brexit | Politics | The Guardian
    It would be more helpful If they denominated the loss in a hard currency.

    Comment


      #3
      Originally posted by AtW View Post
      a report which also included a warning from former prime minister John Major
      That would be John "Maastricht Treaty" Major then?

      Well I am sure that the conclusions drawn are all based on hard facts and not vapid speculation and scaremongering then.


      “The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”

      Comment


        #4
        You tell ‘em how it is, sarg

        Comment


          #5
          Originally posted by AtW View Post
          You tell ‘em how it is, sarg
          Button it Monsieur le-scaredy-chat.



          “The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”

          Comment


            #6
            Originally posted by shaunbhoy View Post
            Button it Monsieur le-scaredy-chat.



            Is that your photo when you enlisted?
            I am what I drink, and I'm a bitter man

            Comment


              #7
              Originally posted by Whorty View Post
              Is that your photo when you enlisted?
              No, this is his photo -

              Comment


                #8
                Originally posted by AtW View Post
                No, this is his photo -
                If you insist.............

                “The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”

                Comment


                  #9
                  Meantime, here is one of Alexei the day he got his call-up papers......

                  “The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”

                  Comment


                    #10
                    Originally posted by shaunbhoy View Post
                    Meantime, here is one of Alexei the day he got his call-up papers......

                    It's you who "served" in Signals mate

                    Served peeled potatoes.

                    Comment

                    Working...
                    X