Nearly half of all 16 to 25-year-olds in the UK fear they will never earn enough to support a family amid the cost-of-living crisis and looming recession, a youth charity’s report reveals.
The Prince’s Trust said the age group’s happiness and confidence is at its lowest level since it started the research 14 years ago.
Some 46% overall said economic uncertainty makes them feel hopeless about the future, rising to 55% for those from poorer backgrounds. Young people’s happiness and confidence with money is now lower than when polling began in 2008 during the global financial crisis, the charity said.
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