mark edwardson, bbc news, manchester.iggest "inheritance boom" of any post—war generation according to a research body that analyses living standards. the resolution foundation says those born in the 80s and early 90s, known as millennials, will inherit more wealth than previous generations. there is a snag, though — they're not likely to benefit from the money until their 60s, as our business correspondent joe lynam explains. we've long been told that millennials, aged between 17 and 35, face major financial challenges. they are paid less than their parents, they won't have generous pensions, and they can't get on the housing ladder. so we know there's a big generational wealth divide. millennials are accumulating wealth at a far slower rate than the baby boomers before them did. and we've looked at whether inheritances are going to solve that problem for them. and they will play a really big role. there will be lots more money coming down in the coming decades. and it will be a bit more widely spread because of high hom

avoid the area, and to keep their doors and windows shut if they are nearby. 0ur correspondent, mark edwardsoncene. this is church street in manchester. it's at the southern edge of what is called the northern quarter, an up—and—coming part of manchester city centre. the fire broke out this afternoon. firefighters were called after people reported flames licking out of the building from the windows there. the first thing we knew was when our friends, who live on the second floor of the building, phoned us from the netherlands to ask if we had seen the news because their building was on fire. we are looking after their cats for them, feeding them morning and night, and they were very distressed about what is happening, so we said we would come down and try to find out what is happening. it looked like things were on fire outside the building. quite scary. if you are stuck inside the building and saw the fire spreading outside, it's not good. we know that one person has been taken to hospital suffering the effects of smoke inhalation. the fire and rescue service told us it is too early to specul

our correspondent mark edwardson sent us this report from the scene.ed the northern quarter, an up—and—coming part of manchester city centre. the fire broke out this afternoon. firefighters were called afternoon. firefighters were called after people reported flames licking out of the building from the windows there. the first thing we knew was when ourfriends, there. the first thing we knew was when our friends, who live on the second floor of the building, phoned us second floor of the building, phoned us from the netherlands to ask if we had seen the news because they're building was on fire. we are looking after their cats for them, feeding them morning and night, and they we re very them morning and night, and they were very distressed about what is happening, so we said we would come down and try to find out what is happening. say a down and try to find out what is happening. saya man —— down and try to find out what is happening. say a man -- it looked like things were on fire outside the building. quite scary. if you are stuck inside the buildi

shut if they are nearby. 12 fire engines are at the scene. 0n the line is our news correspondent mark edwardsonhe latest. i am right next door to joiner street, in the northern quarter of manchester, and fire element here is not i money with this part of town, it is the northern part of the city centre, just behind the cute ambo centre, and an area which was dilapidated but many years, but is now very up—and—coming. this place has taken place in what looked like a relatively new block of flats on joiner street, and just a few moments ago, there was a large crane up moments ago, there was a large crane up there with firefighters on top, and they were pumping water into the apartment, which i presume was up latest afternoon. we have added three, greater manchester fire and rescue service saying that everything is now under control, which is good news indeed, but church street remains closed in the city centre, with a dozen fire engines and dozens and dozens and dozens engines and dozens and dozens and d oze ns of engines and dozens and dozens and dozens of firefighters dealt on stand—by. dozens o