Pensioners income has risen, but they have work their whole lives to earn this money. Should we really complain because pensioners are making more than the youngsters ? The new generation tends to waste money more than the baby boomers anyway.

Key Takeaways:

• Pensioners have enjoyed a substantial rise in income since the financial crisis but young people have suffered a drop
• On average, incomes rose by 2 per cent in real terms between 2007/08 and 2014/15
• But incomes for those aged 22 to 30 have fallen by 7 per cent.

“The Telegraph reports that government plans to introduce competition into the domestic water market would offer households savings of just £6 a year – not enough for most people to bother switching supplier, water regulator Ofwat has found.”

https://blogs.spectator.co.uk/2016/07/money-digest-23/