75
75
Feb 16, 2018
02/18
by
BBCNEWS
tv
eye 75
favorite 0
quote 0
research by the institute for fiscal studies shows that the proportion of middle—income earners agedpped over that period from two—thirds — tojust over a quarter. our personal finance correspondent, simon gompertz, reports. i've been living here a couple of years now. aged 30, keen to buy, but shut out of the market. so this is my room. tom bourlet says renting here in brighton is money down the drain. but the house prices beyond him. it's completely out of reach. there is not a chance i will be able to get the deposit. it's such a cost and with utility bills, with the cost of trains going to london, with my rent prices, it is just unachievable. and my friends, they are all around the same age and none of us are on the property ladder yet. the institute for fiscal studies looked at young people aged 25 to sa on middle—incomes, at the moment, between 22,000 and 30,000 for a household after tax — in most cases, couples with children. two decades ago, 65% of those on middle incomes owned their own homes. that's dropped to just 27%. most the are forced to rent. the huge increase in house
research by the institute for fiscal studies shows that the proportion of middle—income earners agedpped over that period from two—thirds — tojust over a quarter. our personal finance correspondent, simon gompertz, reports. i've been living here a couple of years now. aged 30, keen to buy, but shut out of the market. so this is my room. tom bourlet says renting here in brighton is money down the drain. but the house prices beyond him. it's completely out of reach. there is not a chance i...
32
32
Feb 17, 2018
02/18
by
BBCNEWS
tv
eye 32
favorite 0
quote 0
the institute for fiscal studies found that only a quarter of those aged 25 to sa, and earning averagees, were able to buy a property, compared with two—thirds in the 1990s. simon gompertz has the details. aged 30, keen to buy, but shut out of the market. this is my room. tom says renting in brighton is money down the drain, but the house prices are beyond him. it's absolutely mission impossible at the moment. there's not a chance of getting a deposit. it's such a cost and with utility bills and the cost of trains going to london, with my rent prices, it's unachievable. my friends are all around the same age and none of us are on the property ladder yet. the institute for fiscal studies looked at young people like tom aged 25—34 on middle incomes up to around £30,000 a year for a household after tax, although most of them were couples with children. the number of young owners has dropped across britain, down to 44% in the north—east and cumbria, the smallest move, from 61% to 36% in east midlands. in london from 47% to just 20%. there's been a collapse in the homeownership rates of you
the institute for fiscal studies found that only a quarter of those aged 25 to sa, and earning averagees, were able to buy a property, compared with two—thirds in the 1990s. simon gompertz has the details. aged 30, keen to buy, but shut out of the market. this is my room. tom says renting in brighton is money down the drain, but the house prices are beyond him. it's absolutely mission impossible at the moment. there's not a chance of getting a deposit. it's such a cost and with utility bills...
63
63
Feb 16, 2018
02/18
by
BBCNEWS
tv
eye 63
favorite 0
quote 0
research by the institute for fiscal studies shows that the proportion of middle—income earners agedoperty dropped over that period from two—thirds tojust over a quarter. our personal finance correspondent, simon gompertz, reports. i've been living here a couple of years now. aged 30, keen to buy, but shut out of the market. so this is my room. tom bourlet says renting here in brighton is money down the drain. but the house prices beyond him. it's completely out of reach. there is not a chance i will be able to get the deposit. it's such a cost and with utility bills, with the cost of trains going to london, with my rent prices, it is just unachievable. and my friends, they are all around the same age and none of us are on the property ladder yet. the institute for fiscal studies looked at young people aged 25 to sa on middle—incomes, at the moment, between 22,000 and 30,000 for a household after tax — in most cases, couples with children. two decades ago, 65% of those on middle incomes owned their own homes. that's dropped to just 27%. most of the rest are forced to rent. the huge i
research by the institute for fiscal studies shows that the proportion of middle—income earners agedoperty dropped over that period from two—thirds tojust over a quarter. our personal finance correspondent, simon gompertz, reports. i've been living here a couple of years now. aged 30, keen to buy, but shut out of the market. so this is my room. tom bourlet says renting here in brighton is money down the drain. but the house prices beyond him. it's completely out of reach. there is not a...
43
43
Feb 17, 2018
02/18
by
BBCNEWS
tv
eye 43
favorite 0
quote 0
the institute for fiscal studies found that only a quarter of those aged 25 to sa and earning averageo buy a property compared with two—thirds in the 1990s. simon gompertz has the details. aged 30, keen to buy, but shut out of the market. this is my room. tom says renting in brighton is money down the drain, but the house prices are beyond him. it's absolutely mission impossible at the moment. there's not a chance of getting a deposit. it's such a cost and with utility bills and the cost of trains going to london, with my rent prices, it is unachievable and by friends are all around the same age and none of us are on the property ladder yet. the institute for fiscal studies looked at young people like tom aged 25— 3a on middle incomes up to £30,000 a yearfor a tom aged 25— 3a on middle incomes up to £30,000 a year for a household after tax. although most of them we re after tax. although most of them were couples with children. the number of young owners has dropped across britain, down to 44% in the north—east and cumbria, the smallest move, from 61% to 36% in east midlands. in londo
the institute for fiscal studies found that only a quarter of those aged 25 to sa and earning averageo buy a property compared with two—thirds in the 1990s. simon gompertz has the details. aged 30, keen to buy, but shut out of the market. this is my room. tom says renting in brighton is money down the drain, but the house prices are beyond him. it's absolutely mission impossible at the moment. there's not a chance of getting a deposit. it's such a cost and with utility bills and the cost of...
124
124
Feb 16, 2018
02/18
by
BBCNEWS
tv
eye 124
favorite 0
quote 0
the institute for fiscal studies found that only a quarter of those aged 25 to 3a, and earning averageared with two—thirds in the 1990s. simon gompertz has the details. i've been living here a couple of years now. aged 30, keen to buy, but shut out of the market. so this is my room. tom bourlet says renting here in brighton is money down the drain. but the house prices are beyond him. it's mission impossible at the moment, there's not a chance of being able to get the deposit. it's such a cost and with utility bills, with the cost of trains going to london, with my rent prices, it's just unachievable. and my friends, they are all around the same age, and none of us are on the property ladder yet. the institute for fiscal studies looked at young people like tom, aged 25—34, on middle incomes of around £22 to £30,000 a year fratricide after tax although most of them were couples with children, over two decades the number of young owners has dropped across britain from 5a to 44% in the north—east and cumbria, the smallest move, from 66% in east midlands, in london from 47 to just 20%. the
the institute for fiscal studies found that only a quarter of those aged 25 to 3a, and earning averageared with two—thirds in the 1990s. simon gompertz has the details. i've been living here a couple of years now. aged 30, keen to buy, but shut out of the market. so this is my room. tom bourlet says renting here in brighton is money down the drain. but the house prices are beyond him. it's mission impossible at the moment, there's not a chance of being able to get the deposit. it's such a...
70
70
Feb 16, 2018
02/18
by
BBCNEWS
tv
eye 70
favorite 0
quote 0
with me now is andrew hood from the institute for fiscal studies.port authors. we know the headlines, but why? what is behind this dramatic decline?‘ big reason is simply what has happened to house prices related to incomes. if you look over the last 20 years, average house previews in the uk have risen by about 150% in real terms, and that compares to about a 20% increase in the income of young adults. that is seven times faster. and the rise in house prices, if that link to the availability of housing stock? there are availability of housing stock? there a re lots of availability of housing stock? there are lots of reasons that people put forward. but, yes, the basic reason is that housing supply has not kept pace with the world. did you look at regional variations and whether it was more difficult for people to get on the property ladder in some areas compared to others? yes, absolutely. they looked at each region and the nation in great britain, and find that the biggest files, as you might expect, having in london and the south—east. that is re
with me now is andrew hood from the institute for fiscal studies.port authors. we know the headlines, but why? what is behind this dramatic decline?‘ big reason is simply what has happened to house prices related to incomes. if you look over the last 20 years, average house previews in the uk have risen by about 150% in real terms, and that compares to about a 20% increase in the income of young adults. that is seven times faster. and the rise in house prices, if that link to the availability...
62
62
Feb 16, 2018
02/18
by
BBCNEWS
tv
eye 62
favorite 0
quote 0
the institute for fiscal studies found that only a quarter of those aged 25 to 34, and earning average couple of years now. aged 30, keen to buy, but shut out of the market. so this is my room. tom bourlet says renting here in brighton is money down the drain. but the house prices are beyond him. it's mission impossible at the moment, there's not a chance of being able to get the deposit. it's such a cost and with utility bills, with the cost of trains going to london, with my rent prices, it's just unachievable. and my friends, they are all around the same age, and none of us are on the property ladder yet. the institute for fiscal studies looked at young people like tom, aged 25—34, on middle incomes of around £22,000 to £30,000 a year for a household after tax although most of them were couples with children. over two decades the number of young owners has dropped across britain from 54% to 44% in the north—east and cumbria, the smallest move, from 61% to 36% in the east midlands, in london. there's been a collapse in the home ownership rates of young adults across the country and i
the institute for fiscal studies found that only a quarter of those aged 25 to 34, and earning average couple of years now. aged 30, keen to buy, but shut out of the market. so this is my room. tom bourlet says renting here in brighton is money down the drain. but the house prices are beyond him. it's mission impossible at the moment, there's not a chance of being able to get the deposit. it's such a cost and with utility bills, with the cost of trains going to london, with my rent prices, it's...
104
104
Feb 16, 2018
02/18
by
BBCNEWS
tv
eye 104
favorite 0
quote 0
research by the institute for fiscal studies shows that the proportion of middle—income earners agedhirds, tojust over a quarter. our personal finance correspondent, simon gompertz, reports. so, i've been living here a couple of years now. aged 30, keen to buy, but shut out of the market. so, this is my room. tom bourlet says renting here in brighton is money down the drain. but the house prices are beyond him. it's completely out of reach. there's not a chance i will be able to get the deposit. it's such a cost, and with utility bills, with the cost of trains going to london, with my rent prices, it's just unachievable. and my friends, they're all around the same age and none of us are on the property ladder yet. the institute for fiscal studies looked at young people aged 25 to 3a on middle—incomes at the moment, between 22,000 and 30,000 for a household after tax — in most cases, couples with children. two decades ago, 65% of those on middle incomes owned their own homes. that's dropped to just 27%. most of the rest are forced to rent. the huge increase in house prices is the reas
research by the institute for fiscal studies shows that the proportion of middle—income earners agedhirds, tojust over a quarter. our personal finance correspondent, simon gompertz, reports. so, i've been living here a couple of years now. aged 30, keen to buy, but shut out of the market. so, this is my room. tom bourlet says renting here in brighton is money down the drain. but the house prices are beyond him. it's completely out of reach. there's not a chance i will be able to get the...
199
199
Feb 16, 2018
02/18
by
BBCNEWS
tv
eye 199
favorite 0
quote 0
mid—earners have being locked out of buying a home, according to a report out today from the institute for fiscal studiesonathan cribb, a senior research economist at the ifs and author of the report. in some ways no surprises here, really? i don't think it's a great surprise what we found but i think it's important that we work out exactly who is being most affected by the increase in house prices that has gone on in the uk over the last 20 years. and quite how that has fed through to much lower home ownership rates for mid—income people. through to much lower home ownership rates for mid-income people. in terms of the scale of all if you like, the number of people looking to buy, how dramatic is this? like, the number of people looking to buy, how dramatic is thi57m really to buy, how dramatic is this7m really is romantic. for middle income people, 20 years ago, about two thirds of young middle income people owned their own home, now it's done to just over a quarter. look across the uk, falls by ten percentage points or more in every single region with the largest falls coming in the southeast, evolve
mid—earners have being locked out of buying a home, according to a report out today from the institute for fiscal studiesonathan cribb, a senior research economist at the ifs and author of the report. in some ways no surprises here, really? i don't think it's a great surprise what we found but i think it's important that we work out exactly who is being most affected by the increase in house prices that has gone on in the uk over the last 20 years. and quite how that has fed through to much...
62
62
Feb 16, 2018
02/18
by
BBCNEWS
tv
eye 62
favorite 0
quote 1
according to the institute for fiscal studies, the biggest decline in home ownership in the last 20 years to 34—year—olds. balfour beatty is part of a consortium that's just won a near $2 billion contract. it's to build a new transport system at los angeles international airport. the exhibition is the largest of its kind in europe and will be the last show for burberry designer christopher bailey. his final show is dedicated to lgbt rights with the introduction of a ‘rainbow check‘ pattern. let‘s talk to caroline rush, chief executive of the british fashion council. thank you forjoining us this afternoon. i just want a quick word on those retail sales, because retail sales seem to be a bit sluggish, but luxury sales did seem to be hit more broadly? well, the luxury market appears to be sustaining. the latest data that we have got through from oxford economic switch are based on two dozen i6 economic switch are based on two dozen 16 figures see the contribution for the fashion industry to gdp go to 29.7 billion which is an increase from the 2015 figures. it‘ll be interesting to see how the
according to the institute for fiscal studies, the biggest decline in home ownership in the last 20 years to 34—year—olds. balfour beatty is part of a consortium that's just won a near $2 billion contract. it's to build a new transport system at los angeles international airport. the exhibition is the largest of its kind in europe and will be the last show for burberry designer christopher bailey. his final show is dedicated to lgbt rights with the introduction of a ‘rainbow check‘...
61
61
Feb 5, 2018
02/18
by
BBCNEWS
tv
eye 61
favorite 0
quote 0
the institute for fiscal studies found that by the time a first child reached the age of 20, mothersause they do not benefit from pay rises associated with having more experience. six women from the british army have become the largest all—female group to ski coast—to—coast across antarctica. the six strong ice maiden team is the largest all—female group to ski coast—to—coast across antarctica, taking just 62 days to complete the journey. they landed back in the uk on saturday, and several of them have been speaking about what inspired them to take on such a challenge. been speaking about what inspired them to take on such a challengem started off as encouraging women in the military to get interested in that sort of training and pushing themselves mentally and physically. as it grew, more people got interested and got inspired by it. it expanded to notjust women in the military but outside, and notjust women but men, women, boys and girls who find their antarctica, find something that pushes them physically and mentally, and just prove that, although none of us had been to antarctic
the institute for fiscal studies found that by the time a first child reached the age of 20, mothersause they do not benefit from pay rises associated with having more experience. six women from the british army have become the largest all—female group to ski coast—to—coast across antarctica. the six strong ice maiden team is the largest all—female group to ski coast—to—coast across antarctica, taking just 62 days to complete the journey. they landed back in the uk on saturday, and...
283
283
Feb 5, 2018
02/18
by
BBCNEWS
tv
eye 283
favorite 0
quote 0
research today for the institute for fiscal studies shows there is a pay gap between male and female footage taken by the police as they attended incidents on the m20, where there were a number of crashes. luckily, no—one was seriously injured and the motorway has now been cleared. a number of train services have been disrupted between hastings and eastbourne due to ice. the duchess of cambridge has recorded a personal message to try and spur children on to be comfortable in their own skin. kate, who is pregnant with her third child, recorded the message to launch children's mental health week. childhood is an incredibly important moment in our lives, it is a time when we explore our personalities, discover the potential that lies within us, and learn how we be ourselves. our experience of the world at this early stage shapes who we become as adults and how to be comfortable in ourown skin. whether we are school leaders, teachers, or a support staff or parents, we each have a crucial role to play. when we are open and honest with each other about the challenges we face, we can work t
research today for the institute for fiscal studies shows there is a pay gap between male and female footage taken by the police as they attended incidents on the m20, where there were a number of crashes. luckily, no—one was seriously injured and the motorway has now been cleared. a number of train services have been disrupted between hastings and eastbourne due to ice. the duchess of cambridge has recorded a personal message to try and spur children on to be comfortable in their own skin....
95
95
Feb 16, 2018
02/18
by
BBCNEWS
tv
eye 95
favorite 0
quote 0
the institute for fiscal studies found that a quarter of those under the age of 3a, earning average incomesmpared to two thirds in 1998. our finance correspondent simon gompertz has more. so i've been living here a couple of yea rs so i've been living here a couple of years now. . . so i've been living here a couple of years now... 30 years old, keen to buy but shut out of the market. tom wa nts to buy but shut out of the market. tom wants to stop paying rent in brighton but house prices are beyond him. it's completely out of reach at the moment, there's not a chance i'll be able to get the deposit. there's such a cost and with utility bills, the cost of trains going to london, with my brent prices it's just unachievable and my friends, they're all around the same age and none of us are on the property ladder yet. years to give for fiscal studies looked at young people aged 25-34 studies looked at young people aged 25—34 on middle incomes at the moment between around 22000 and 30,000 for a house hold after—tax. in most cases couples with children. two decades ago 65% of those on middle inco
the institute for fiscal studies found that a quarter of those under the age of 3a, earning average incomesmpared to two thirds in 1998. our finance correspondent simon gompertz has more. so i've been living here a couple of yea rs so i've been living here a couple of years now. . . so i've been living here a couple of years now... 30 years old, keen to buy but shut out of the market. tom wa nts to buy but shut out of the market. tom wants to stop paying rent in brighton but house prices are...
73
73
Feb 16, 2018
02/18
by
BBCNEWS
tv
eye 73
favorite 0
quote 0
the institute for fiscal studies found only a quarter of those aged 25 to sa, on average incomes, were 1998. a bbc investigation has revealed a significant difference between the highest earning male and female consultants working for the nhs in england. figures show that one in five of the top 100 earners are women, while on average full time men earned £14,000 a year more than their female counterparts when including bonuses and overtime. of the top 100 earning consultants five are women despite more than a third of the workforce being female. the department of health says it is committed to ensuring doctors are awarded early and equally regardless of gender. —— fairly and equally. the hollywood actress jennifer aniston has announced she is to separate from her husband justin theroux after two years of marriage. the pair, who were married in a secret ceremony in los angeles in 2015, reportedly met on the set of comedy film wanderlust. they gave no reason for the split but said it was a mutual decision which had been "lovingly made" at the end of last year. that's a summary of the lat
the institute for fiscal studies found only a quarter of those aged 25 to sa, on average incomes, were 1998. a bbc investigation has revealed a significant difference between the highest earning male and female consultants working for the nhs in england. figures show that one in five of the top 100 earners are women, while on average full time men earned £14,000 a year more than their female counterparts when including bonuses and overtime. of the top 100 earning consultants five are women...