Why almost half of young people in UK are having to delay major life milestones

Business & FinancePersonal Finance
26 Aug 2026 • 2:09 AM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Why almost half of young people in UK are having to delay major life milestones

  • Research by charity Trussell reveals that 47 per cent of 16 to 25-year-olds in the UK are delaying major life milestones, such as moving out and learning to drive, due to financial pressures.
  • The study found that 55 per cent of young people are putting off buying a home, with stagnant wages and rising property costs making homeownership increasingly unreachable.
  • Financial hardship severely impacts employment prospects, with 45 per cent rating local job opportunities as poor and only 34 per cent able to afford moving for work.
  • Young people raised in financial hardship are nearly twice as likely to be NEET, contributing to more than one million young people currently out of education, employment, or training.
  • Charity leaders have warned that these growing economic barriers risk locking a generation out of independence, housing, and meaningful employment.

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