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

[BR14]

If you insist.............

poster boy was you??

[shaunbhoy]

poster boy was you??

"We few, we happy few, we band of brothers;" etc.

[Mordac]

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

And sponsored by Andrex, no doubt...

[Cirrus]

I am sure that the conclusions drawn are all based on hard facts

That's rich coming from you. You've managed at least 1000 posts without mentioning a single fact of any kind.

[shaunbhoy]

That's rich coming from you. You've managed at least 1000 posts without mentioning a single fact of any kind.

And YOU'VE clearly read them all!

[vetran]

And sponsored by Andrex, no doubt...

It's all right I am still sore about parliament voting for a plastic bag tax killing my chances of a foursome with Elle MacPherson and the Minogue sisters! That is about as fact based as these projections.

[NotAllThere]

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

Aside from that being about half a Swiss Franc by then, as OG points out - what's the calculation for other scenarios?

1. Best case no-deal
2. Best/Worst case BRINO
3. Best/Worst case giving it up and deciding not to leave?
4. Best/Worst case of transitioning for ever and ever and ever. (It's a local EU for local people).

[original PM]

So if we stay in the EU everybody becomes rich then?

Erm no evidently not.

Just more drivel

[shaunbhoy]

So if we stay in the EU everybody becomes rich then?

Not everybody, but the Politicos that are currently orchestrating the protests ably supported by needy snowflakes will be.

So as long as it is fair.

And the gormless cretins are hoovering it all up too. How far we have fallen.

[AtW]

So if we stay in the EU everybody becomes rich then?

Erm no evidently not.

Just more drivel

Staying in EU guarantees better live if one does not be ome rich.