Millennials are on course to face record rates of working-age poverty thanks to government housing and welfare policies, according to new research.

Twenty-two per cent of those born between 1981 and 2000 are likely to be living in relative poverty in their late twenties – a higher proportion than any previous generation, the Resolution Foundation estimates.

Almost a quarter of the 1991-95 cohort are expected to be in relative poverty in their late 20s – an age where poverty rates have, historically, been low because a high proportion of people are working.

Read the full article here The Independent

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