Grandparents think recession would benefit grandchildren

A large proportion of grandparents thought a recession would be good for their “snowflake” grandchildren, as a new survey revealed 35% had loaned them money, with only half of the cash repaid in full.

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2.5m grandparents give money to grandchildren

Financial support from grandparents to younger generations is worth £500m a year and is set to grow in future, according to new research. Read more...