In general, an ageing population puts added pressure on the working-age population to be more productive – just to maintain total output – amid growing fiscal constraints.
The World Economic Forum was once about spreading wealth. But in the past three years, the wealth of the world’s top five billionaires has more than doubled while 60% of humanity has grown poorer.
From May 2024, an elected mayor of the north-east will lead a new authority spanning Northumberland, Tyne & Wear and County Durham.
Gary Calton/Alamy
Years of political turbulence, economic shocks and the failure to ‘level up’ as pledged have turned English devolution into a key political and constitutional issue
Perceptions of extreme inequality undermine peoples’ belief that the economy is working for them. This, in turn, dampens their aspirations to improve their economic lot.
It’s now common knowledge loans and gifts from family are a large part of breaking into the housing market. But how is parental financial support being used in other areas?
Big Local projects are about getting involved.
Adrian Sherratt|Alamy