Despite recession, Gen Z and Boomers upbeat on UK recovery

Despite entering a recession, Gen Z and Baby Boomers are optimistic about the UK's economic recovery. Over a third of both groups expect the economy to bounce back in 5 years.

Gen Z's positivity may stem from pay rises - they were twice as likely as over 65s to have recently received one. Boomers' confidence could come from weathering previous crashes.

While young workers fear AI impacts, just 15% of over 45s have such concerns. Boomers have seen workplace disruption before and know things tend to improve.

Almost 40% of Gen Z plan to start a business in the future - more than double the wider population. Current conditions are driving them towards entrepreneurialism.

Gen Z's appetite for "entrepreneurial risk" could stimulate the economy. Their confidence contrasts with perceptions of them as "snowflakes".