The first festival in 2024 saw 30,000 people attend for £50 each, while tickets ranged from from £65 to 125 last year.
Louise Murphy, senior economist at the think tank, said the UK is "perilously close" to having a million young Neets.
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With lower mortgage rates, monthly payments are smaller, which frees up cash. For example, for a mortgage rate of around 6% compared to 6.85%, the difference in payment on a $600,000 loan is about $310 per month.