Tax and benefit changes since 2010 left non-pensioners more than £2,200 a year worse off on average, while pensioners are less than £200 a year worse off. Last year, Keir Starmer promised to conserve what he called “the careful bond between this generation and the next”.
Ministers are not shouting their rebalancing act from the rooftops – they don’t want to alienate the oldies – but their priorities in their first four weeks in office reveal their generation game. The huge housebuilding programme and legislation in the King’s Speech to protect renters are long overdue. A key, though unstated, goal is to boost pay. “Driving up wages will be good for the economy,” one Starmer adviser told me.
This partly explains Rachel Reeves’s decision to approve above-inflation pay awards for public sector workers. On social care, the priority is raising the pay of care workers rather than protecting baby boomers’ assets. Another priority is Labour’s package of workplace rights, though again ministers haven’t trumpeted it yet.
Denne historien er fra August 03, 2024-utgaven av The Independent.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra August 03, 2024-utgaven av The Independent.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
No title until Reds become road warriors, warns Slot
Liverpool boss says team must match away form of rivals
United stuck in 'purgatory' and facing only one way out
When one prominent football figure caught a glimpse of the Manchester United dressing room recently, they immediately recognised a scene they had seen from rival clubs. That was a squad that \"doesn't know what next\" and feels like it's \"going nowhere\". It isn't intentional, of course, but is a feeling that starts to grip a group when there's no sense of clarity.
Fifa transfer rules 'contrary to EU law', Diarra case finds
Fifa will have to update key paragraphs of its transfer rules to ensure punishment of players for breaking contracts is less draconian, after a European Court of Justice ruling on the Lassana Diarra case.
Marital rape is not rape, argues Indian government
The Indian government has opposed calls to classify consensual sexual acts committed by a husband against his wife as \"rape\", saying that to do so could have an impact on conjugal relationships and disturb the institution of marriage.
Screaming statue tribute to doctor raped and killed in India causes controversy
A bust installed outside a state-run hospital in India where a resident doctor was raped and killed has sparked anger and shock as it depicts a woman screaming in agony, her head thrown back and eyes wide open.
Haitian gang shoots at least 70 people in town rampage
Gang members brandishing automatic rifles have stormed through a town in Haiti's main breadbasket region, killing at least 70 people and forcing another 3,000 to flee.
Beirut hit again by Israel as Iran vows not to back down
Israeli military claims strikes targeted new Hezbollah leaders
Police officers win appeal in athlete stop and search case
Two former Metropolitan Police officers have been handed their jobs back after winning an appeal against a ruling that they had lied about a stop and search incident involving British athlete Bianca Williams.
Royal Navy chief apologises for submarine service abuse
The head of the Royal Navy has apologised after an investigation found \"misogyny, bullying and other unacceptable behaviours\" in the submarine service.
Women say gender equality in the workplace has stalled
Gender equality in the workplace has stalled as women report experiencing many of the same challenges as they did nearly 30 years ago, a new survey of high-flyers suggests.