Share Sounds. from Thought for the Week

The oldest recipient of a Child Trust Fund turned 22 on Sunday 1st September, but the great majority of those allocated by HMRC (due to no action by the young person's parents by their 1st birthday) are unclaimed. This is the story of Joe, who really needs his money to get started in adult life — but he doesn't know anything about his good fortune. The Share Foundation has already enabled over 60,000 young people to claim their accounts, but that's a drop in the ocean compared to the huge number of accounts lying dormant with account providers. So The Share Foundation is now asking Government to implement its 'Default Withdrawal at 21' proposal for HMRC-allocated accounts. Background music: 'Missing Persons' by Jeremy Blake

Building the art of communication is essential for a successful adult life, and the performing arts provide a great way to develop confidence and conversational dialogue. They can bring hope and career opportunities to young people when more academic doors are closed. Unfortunately, this is not an easy option for those in state education or from disadvantaged backgrounds. In a world where so much communication is uni-directional, we must work harder to bring these opportunities to all. Background music: 'Communicator' by Reed Mathis YouTube Sketch link: https://www.youtube.com/watch?v=PT0ay9u1gg4

The scale of the nominal national debt is staggering, but when you add in unfunded pension schemes (state and public sector) and HM Treasury indemnities to the Bank of England it places a heavy load indeed on the new Chancellor. Her early career at the Bank of England and HBOS will have prepared Rachel Reeves well to tackle this challenge in her new role as Chancellor of the Exchequer; and she will be well aware of the heavy burden being placed on younger generations. Background music: 'Burden Laid Down' by The Westerlies

Pope Francis calls for more focus on children, suggesting that in many countries pets take preference. If the hard-won values of gender equality are to benefit generations well into the future, western democracies need to help young people towards family formation. His comments may have been prompted by the collapse in Italian fertility rates to just 1.3 birth per woman: well below the 2.1 needed for a stable population. Background music: 'Young And Old Know Love' Puddle of Infinity

While Hargreaves Lansdowne accepts an outcome driven by Private Equity, Abrdn attempts to shrug off the high price it paid for buying its retail investment platform from Private Equity. The short-term and intensely finance-based motivation of that sector achieves a real contrast between its entry and exit pricing, notwithstanding the damage it does to public markets. That short-term focus has also denied a strategic transition to global retail investment platforms capable of supporting widespread global stock ownership in the years ahead; although the parochial nature of investment regulation and antiquated technology also conspire against making that transition. Employee share ownership has made that change, and its workplace solutions could set the template for individual stock ownership across the world. Background music: 'Everything Has a Beginning' by Joel Cummins

David Willetts set out the challenge of inter-generational injustice 14 years ago in his book, 'The Pinch': but the problems have got worse, not better, during that same period of Conservative government. Young people face huge problems as a result of a fiscal environment structured to benefit older people, student debt, asset prices inflated by prolonged low interest rates — and then the pandemic: not to speak of demographic dislocations as a result of migration. Government finances may indeed require a complete overhaul, but it needs to be done in combination with resolving inter-generational injustice. Background music: 'Generations Away' by Unicorn Heads

Sport is not only a good way to celebrate national identity but also a great way to celebrate human convergence; football is one of the best in this respect, where we see teams comprised of so many different ethnicities representing so many different countries. Just as regional identity is something to celebrate within countries, so also is national identity something to celebrate in a global context. But this doesn't mean turning countries into fortresses, and the United Nations needs to play a more prominent role in converging governance. Background music: 'India Fuse' by French Fuse

It's been a long wait for summer this year, and we need to search for glimmers of hope as we approach the new political/economic/academic year. One such is the significant rise in Maths 'A' level entries, which will help young people find good careers. Another is the 0.25% reduction in interest rates: a cautious and close-run decision in times of considerable turbulence. Real interest rates are still 3%, so there's a long way to go. If the current rash of street riots allow it, we need to use the few weeks of summer calm to reflect on the big issues holding us back, including how to achieve a world without poverty. Background music: 'Solar Power' by Ashley Shadow

What does time mean for you? A busy diary, rushing people, stress and anxiety — 'never enough hours in the day'? If so, there's plenty of that to watch on the Sky Movies channel. Or do you see it as one of the crowning glories of creation which makes all life possible? Nobel Prize winner Kip Thorne helped to unravel its mysteries in 'The Life Scientific' following his input on 'Interstellar', and thus inspired our thought for this week. Background music: opening with grandfather clock chimes, closing with 'Take Your Time' by Dan Lebowitz

‘God is on my side', Trump told his re-vitalised Republican Party following the attempt to assassinate him. Bob Dylan's 1964 song 'With God on our side' told how this claim has been used to justify violence and oppression throughout history. Trump is not alone: Patriarch Kirill makes exactly the same claim for Putin's murderous assault on Ukraine. When will we learn that none of us can usurp God's favour or authority? Background music: 'With God on Our Side' by The Golden Gate Strings