Social mobility is integral to boosting the economy, reducing poverty and creating a fairer society. Just because a child is born disadvantaged should not mean they are less likely to succeed.
But there are still clear structural barriers preventing progress from being made. For example, despite performing well in school and university, Britain’s ethnic minorities still face inequality in employment opportunities.
There have been a growing number of social mobility interventions in recent years, but as Bank of England governor Mark Carney recently highlighted, there is “disturbing evidence” of declining social mobility in advanced economies.