The TUC has today published a report on social mobility – entitled social mobility. The report highlighted the fact that in Britain 50 per cent of a child’s future earning potential is determined at birth, compared to less than 20 per cent in Canada, Australia, Denmark, Norway and Finland. The UK has the worst record on of any of the countries in the Organisation for Economic Co-operation and Development, lagging behind the US, Italy, France and Germany.
All political parties have stressed the importance of social mobility and giving every child a fair start in life. As part of the Family Commission inquiry we have seen firsthand the effects of intergenerational poverty and lack of opportunities for some children to break out of this. The report, due out in October, will set out plans for families to improve their economic capabilities and help increase social mobility in the UK.