Author Archives: Dale Bassett

The Independent View: Broke Britain, not Broken Britain – have banks and the Government swindled the next generation?

By Dale Bassett | Wed 22nd October 2008 - 12:20 pm

Banks are jeopardising the prospects of the next generation, discouraging financial responsibility and leaving young people facing the sharp end of the credit crunch. With the Government, they have created a “gilded generation” of pampered and over-protected young people, mired in debt and unable to understand their finances.

The liberal free-market think-tank Reform’s new report, written in conjunction with the Chartered Insurance Institute and published this week, finds that the “IPOD generation” of 18-34 year olds – whom we have described as Insecure, Pressurised, Over-taxed and Debt-ridden – have been failed by the “financial establishment”.

Young people have grown up in …

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Posted in Op-eds and The Independent View | Tagged | 4 Comments
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