Give millennials £10,000 each to tackle generation gap, says thinktank 'Every person in Britain should receive £10,000 when they turn 25 to help fix the “broken” intergenerational contract between millennials and baby boomers, an influential thinktank has proposed following a two-year study. The payment, described as a “citizen’s inheritance”, is intended to redistribute wealth at a time when young people need it most to find housing, return to education or start a business. It is also intended to reduce resentment towards baby boomers (born 1946-65) who have typically done better out of the housing market and pensions than any subsequent generation. The idea has emerged from the Resolution Foundation’s intergenerational commission, which has been working on the issue for two years and has now published its final report. The panel was chaired by David Willetts, the former Conservative universities minister, and included the TUC secretary general, Frances O’Grady, and the CBI director general, Carolyn Fairbairn.' TheGuardian.com & Joe Giddnes/PA, 8th May 2018. I think that they are serious about this unbelievably stupid idea.