Over half of under 30s have considered emigrating under Labour amid housing and money worries
More than half of under-30s have considered leaving Britain under Labour as they feel ‘overtaxed, underhoused and undervalued’, according to new research.
Britons aged between 18 and 30 said they have ‘serious concerns’ about the state of their personal finances, housing and their future in the UK.
Some 28 per cent of young people are either actively planning (eight per cent) or have seriously considered (20 per cent) emigrating, according to The Adam Smith Institute poll.
A further 30 per cent have briefly considered it and just 35 per cent of young people said they had never thought about leaving the UK, the think tank’s survey carried out between July 8-10 found.
Researchers said: ‘With young people feeling increasingly disenchanted, it is clear that meaningful change is needed to prevent them from joining the UK’s ongoing wealth exodus.’
Britons aged between 18 and 30 said they have ‘serious concerns’ about the state of their personal finances, housing and their future in the UK, according to a new poll
Responding to the data, Reform UK Nigel Farage told the Telegraph: ‘It’s sad but not a surprise that ambitious young Brits are increasingly looking overseas for opportunities.
‘High taxes and stagnant wages have crushed aspiration and punished hard work. This can’t go on. We must give the next generation the freedom to thrive, raise families, and build a bright future here in the UK.’
Some 65 per cent of young people believe it will be ‘more difficult’ to find affordable housing in the next five years and a further 38 per cent said it will become ‘much more difficult’.
Just 21 per cent of young Britons think the housing situation will get easier in the next five years, the poll found.
These concerns cut across political divides as voters from all major parties expressed fears about housing and financial security.
Some 28 per cent of young people are either actively planning (eight per cent) or have seriously considered (20 per cent) emigrating. Australia is a popular destination for young Britons looking for a better life (Stock image)
Some 63 per cent of young Conservatives, 65 per cent of Labour and 68 per cent of Reform UK young voters said access to affordable housing will worsen, The Adam Smith Institute poll found.
Emma Schubart, data and insights manager at the think tank, said: ‘The youngest generation of British workers are sending a clear message.
‘They feel overtaxed, underhoused and undervalued. If our political class continues to ignore these warning signs, we risk exporting our talent at precisely the moment when it is most needed.
‘With the country already facing a wealth exodus thanks, in large part, to its reckless decision to scrap the non-dom tax regime, the Treasury can hardly afford to lose an entire generation of ambitious young people as well.
‘Addressing these challenges is not just a matter of fairness – it is essential to securing Britain’s long-term economic and social future.
‘Young Britons urgently need evidence that ambition and hard work still translate into security and success in this country.’
