For once in my life I can claim to be an Inbetweener, neither a Snowflake nor a BabyBoomer. Confused? The FT is sticking up for downtrodden Millennial Snowflakes, who blame the BBs for Brexit and the fact that they’ll never get on the housing ladder and spend their money instead on Uber taxis, crushed avocado on toast and decaf lattes while scanning their iPhones. The Boomers’ represented by certain other daily papers, think that if the Flakes got off their backsides and did a decent day’s work none of us would be in this mess. Which, I imagine, is just what their parents generation said about them. Plus ça change.
“John Lewis foray into BTR could result in losses of £57m”
I did predict a while ago that Waitrose Homes rather than Waitrose Home Deliveries could be the future. John Lewis were probably the most benign big business to decide to go into the housing rental market, a move which could swing things away from the unpredictability of the mass of private landlords who dominate the sector.