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Fortune
Fortune
Ryan Hogg

U.K. millennials will probably never see same income boom as elders, study shows

Businesswoman leading informal meeting in modern open plan office (Credit: Compassionate Eye Foundation/James Tse—Getty Images)

Whether you’re Gen Z, a baby boomer, or somewhere in between, if you’re an adult living in the U.K., you’ve probably had the lingering sense that things have been getting worse for a number of years now, between the cost-of-living crisis, creaking public services, and anemic economic growth.

A new study adds a fair amount of credence to those feelings, while offering a sobering reminder to millennials that the old days of bumper wage rises in adulthood are probably not coming back.

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