Author Archives: Dale Bassett

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

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 …

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